SAP P_S4FIN_2021 Real Exam Questions Test Engine Dumps Training With 82 Questions
P_S4FIN_2021 Actual Questions Answers PDF 100% Cover Real Exam Questions
NEW QUESTION # 25
What setting must be identical between the company code and controlling area?
- A. The number of posting periods
- B. The fiscal year variant key
- C. The number of postings and special periods
- D. The number of special periods
Answer: B
NEW QUESTION # 26
What are some features of actual costing in SAP S/4 HANA? There are 2 correct answer to this question
- A. Possibility of post-closing in the alternative valuation run (AVR)
- B. Simplified data structure with new table structure
- C. Selection of activity prices of other CO-versions in the standard run
- D. Reduced number of steps in the calculation cockpit
Answer: B,D
NEW QUESTION # 27
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two plants
- B. Between two company codes
- C. Between two accounting principles
- D. Between two profit centres
Answer: B,D
NEW QUESTION # 28
What are the key components of the intelligent enterprise by SAP? There are 3 correct answers to this question
- A. Hybrid cloud
- B. Digital Platform
- C. Intelligent Technologies
- D. Seamless integration
- E. Intelligent Suite
Answer: B,C,E
NEW QUESTION # 29
You compare the ACDOCA and BSEG tables and find that some Fl documents are NOT stored in the BSEG table. Which of the following financial accounting transactions creates entries only in the ACDOCA table?
- A. Cash journal posting
- B. Post vendor invoice
- C. Depreciation run
- D. Execute profit-center allocation
Answer: D
NEW QUESTION # 30
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?
- A. Period posting (ASKB) became obsolete.
- B. New depreciation engine is used.
- C. New asset accounting is activated.
- D. Parallel ledgers are available.
Answer: C
NEW QUESTION # 31
What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question
- A. Combined run for both standard and alternative valuations
- B. Simplified data structure with new table structure
- C. Selection of activity prices of other CO-versions in the standard run
- D. Reduced number of steps in the calculation cockpit
Answer: D
NEW QUESTION # 32
You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting. What single action can resolve the error?
- A. Post revaluation and new valuation (transaction AR29N) forfiscal year 2021.
- B. Run "Calculate Depreciation" (transaction AFAR) forfiscal year 2022.
- C. Post all depreciation (transaction AFAB) for the fiscal year 2021
- D. Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.
Answer: D
NEW QUESTION # 33
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?
- A. Use external number ranges in the BP groupings for the conversion and switch to internal afterward
- B. Use internal number ranges in the BP groupings for the conversion and switch to external afterward
- C. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward
- D. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward
Answer: C
NEW QUESTION # 34
Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and more than 10 years' worth of dat a. What can you do in separate projects before the SAP S/4HANA conversion to reduce the complexity of your conversion project? Note: There are 2 correct answers to this question.
- A. Launch customer-vendor integration for the business partner.
- B. Implement an archiving project.
- C. Create a backup.
- D. Adopt new Asset Accounting.
Answer: B,C
NEW QUESTION # 35
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Choice of database
- B. Choice of deployment
- C. Reduced footprint
- D. Reduced throughput
Answer: B,C
NEW QUESTION # 36
In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger?Note: There are 2 correct answers to this question.
- A. If asset accounting is used, a depreciation area must be assigned.
- B. It is always active on the system level for all company codes.
- C. It must be assigned to an underlying ledger.
- D. It will generate additional line items in ACDOCA for non-ledger-specific postings.
Answer: A,D
NEW QUESTION # 37
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Valuation area
- B. Currency type
- C. Accounting principle
- D. Document type
Answer: A,C
NEW QUESTION # 38
What can you do in the extension ledgers configuration? Please choose the correct answer.
- A. You can assign a freely defined currency to an extension ledger.
- B. You can manually create a new ledger group that contains an extension ledger.
- C. You can link an accounting principle to a ledger group that contains an extension ledger.
- D. You can create an extension ledger for which the underlying ledger is an extension ledger.
Answer: C
NEW QUESTION # 39
Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.
- A. Period
- B. Company code
- C. Source table
- D. Year
Answer: B,D
NEW QUESTION # 40
Which information will be migrated automatically during an SAP S/4HANA finance migration? There are 3 correct answers to this question.
- A. Account balances
- B. Business partners customizing
- C. Authorizations
- D. Material ledger customizing
- E. General ledger customizing
Answer: A,C,D
NEW QUESTION # 41
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad.
Where must the administrator unlock this user?
- A. Front-end SAP Gateway server
- B. SAP Smart Business
- C. SAP Fiori launchpad designer
- D. SAP S/4HANA back end
Answer: A
NEW QUESTION # 42
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
- A. A clone of the productive system is used.
- B. Optimized data compression is used to minimize the data volume.
- C. SQL database commands are used to accelerate the migration
- D. The data from previous years is archived.
Answer: A
NEW QUESTION # 43
What cost center planning process can write data directly to plan item table ACDOCP?
- A. Manual planning of statistical key figures
- B. Planning in SAP Analytics Cloud
- C. Formula planning with templates
- D. Internal activity price calculation
Answer: A
NEW QUESTION # 44
The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?
- A. Extension ledger C
Standard ledger B - B. Standard ledger B
- C. Standard ledger A
Standard ledger B - D. Extension ledger C
Standard ledger A - E. Standard ledger A
Extension ledger C
Answer: C
NEW QUESTION # 45
In what system is it required to perform all system conversion steps to identify and solve conversion errors?
- A. Production
- B. Quality Assurance
- C. Development
- D. Sandbox
Answer: B
NEW QUESTION # 46
Which values are stored in the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.
- A. Elimination of intercompany postings
- B. Transfer prices
- C. Parallel currencies
- D. Actual costing results
Answer: B,C
NEW QUESTION # 47
You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?
- A. First interval 3, then interval 1 if interval 3 is not maintained
- B. First interval 3, then interval 2 if interval 3 is not maintained
- C. Only interval 3, no other intervals checked if interval 3 is not maintained
- D. First interval 3, then intervals 1&2 if interval 3 is not maintained
Answer: C
NEW QUESTION # 48
Which actions will dose a dispute case created for a short payment? Note: There are 2 correct answers to this question.
- A. Posting a credit memo for only cash discount amount.
- B. Running the auto-confirm dispute case program.
- C. Receiving a payment for the open amount.
- D. Running the automatic write-off program.
Answer: C,D
NEW QUESTION # 49
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 50
......
To be eligible for the SAP P_S4FIN_2021 exam, candidates must have a minimum of three years of experience in SAP Financials and at least one year of experience with SAP S/4HANA. Additionally, candidates should have completed one of the recommended training courses to prepare for the exam.
The SAP P_S4FIN_2021 exam covers a wide range of topics, including financial closing, financial accounting, management accounting, financial supply chain management, and treasury and risk management. The exam is designed to test the candidate's understanding of SAP S/4HANA for SAP ERP Finance and its integration with other SAP products and solutions. The exam is also designed to test the candidate's ability to use SAP tools and technologies to solve complex financial problems.
DumpsKing P_S4FIN_2021 Exam Practice Test Questions: https://www.dumpsking.com/P_S4FIN_2021-testking-dumps.html
P_S4FIN_2021 Exam questions and answers: https://drive.google.com/open?id=1wOLn1qfZSyHIJXeeoKOs9p9cw8JP1NW_
