[Sep 10, 2023] Get New P_S4FIN_2021 Certification – Valid Exam Dumps Questions [Q18-Q37]

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[Sep 10, 2023] Get New P_S4FIN_2021 Certification – Valid Exam Dumps Questions

100% Passing Guarantee – Brilliant P_S4FIN_2021 Exam Questions PDF

SAP P_S4FIN_2021 certification exam is designed for SAP ERP finance experts who want to demonstrate their knowledge and skills in financials within SAP S/4HANA. Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts certification validates that a candidate has a comprehensive understanding of financial processes and their integration in SAP S/4HANA, including financial accounting, management accounting, and financial supply chain management. P_S4FIN_2021 exam covers topics such as financial closing, cash management, credit management, and financial planning and analysis.

Q18. What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.

Assign separate settlement rules for depreciation areas.

Complete periodic acquisition and production cost adjustments postings

Post revenue for retirements by acquisition and production cost

Simultaneously post separate values by depreciation area.

Define transaction types by depreciation area

Q19. Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.

Classic Credit Management

Cash Management

Accrual Engine

Special Purpose Ledger

Costing-based CO-PA

Q20. Which of the following options in SAP S/4HANA 1809 is only possible in costing-based CO-PA and NOT in account-based CO-PA?

Sales order entry postings.

Manual postings.

Cost of goods sold (COGS) split per cost component.

Production variance split per variance category.

Q21. 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?

Q22. Which modules read and write line items of the universal journal (ACDOCA)? There are 2 correct answers to this question

Account based Profitability-Analysis

Actual costing

Costing-based profitability analysis

Cash Management

Q23. Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question.

Special purpose ledger

Classic profit center accounting

Account-based CO-PA

Liquidity planning

Costing-based CO-PA

Q24. Cost of goods sold (COGS) split functionality is available in account-based CO-PA.
Which settings are necessary? Note: There are 2 correct answers to this question.

Operating concern currency must be determined.

Characteristic values and characteristic groups must be maintained

The corresponding cost elements must exist in the chart of accounts.

Cost elements must be mapped to cost components

Q25. Which values can be posted to a specific ledger? There are 3 correct answer to this question.

Depreciation

Taxes

Payments

Accruals

Currency valuation

Q26. You post a payment to a supplier invoice. In the universal journal table, you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? There are 2 correct answer to this question.

An additional accounting principle

An extension ledger

A non-leading ledger

Zero balance Indicator for profit center

Q27. You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.

Margin analysis: no specific customizing is necessary

Costing-based CO-PA: no specific customizing is necessary

Margin analysis: assign different accounts (assignment of different accounts is necessary)

Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)

Q28. Your company code is configured with three depreciation areas that post in real time The company is configured to update company code and group currency types. How many documents are posted when you post a partial scrapping for a single depreciation area?

Q29. What must you create before you can record commitments in the universal journal?

Extension ledger

Tolerance profile

Statistical cost elements

Document type

Q30. In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.

Accruals

Currency valuation

Taxes

Depreciation

Payments

Q31. You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

Define two valuation methods and assign the accounting principles to the new valuation method

Define a valuation area and ledger group for two ledgers to link with the new valuation area.

Define two valuation areas and two accounting principles with relevant links to ledgers

Define a valuation area and extension ledger to link with the new valuation area

Q32. You want to set up a multi-level gross margin report in profitability analysis (CO-PA). What do you customize to reopen the fixed and variable values separately? 2 correct questions

Costing-based CO-PA: assign different value fields (assignment of different value fields in necessary)

Account-based CO-PA: no specific customizing is necessary

Costing-based CO-PA: no specific customizing is necessary

Account-based CO-PA:assign different accounts(assignment of different accounts is necessary)

Q33. Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

Indexing

Storing

Archiving

Aging

Q34. You notice alpha-numeric document numbers in the Universal journal that do not have a separate document header stored in the BKPF table. Which activities may lead to alpha- numeric document numbers? There are 2 correct answer to this question

Settlement of investment orders

balance carry forward

Cross company code postings

Corrections due to migrations

Q35. What can you do with SAP S/4HANA accrual management?

Post planned accrual amounts in table ACDOCP and analyse them in reports

Carry forward accruals to future years independent of the other ledger values

Automatically calculate accruals for asset acquisitions with purchase orders

Post and analyse accruals in all currencies defined for the general ledger

Q36. Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

Top down distribution in margin analysis

FI posting of primary costs to production order

Stock material consumption on project

Internal activity allocation to sales order

Q37. On which levels can you assign semantic tags to a financial statement version in SAP Fiori?
There are 3 correct answer to this question.

Financial statement item

Segment

G/L account

Functional area

Business area

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