[Sep 19, 2024] Get New P_S4FIN_2023 Practice Test Questions Answers [Q28-Q45]

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[Sep 19, 2024] Get New P_S4FIN_2023 Practice Test Questions Answers

P_S4FIN_2023 Dumps and Exam Test Engine

Q28. In what system is it required to perform all system conversion steps to identify and solve conversion errors?

Production

Quality Assurance

Sandbox

Development

System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

Q29. You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

Add the app to a group that is assigned to the Z_MANACC role

Assign the app directly to the Z_MANACC role and add the app to a group.

Assign the app directly to the Z_MANACC role and add the app to a catalog.

Add the app to a catalog that is assigned to the Z_MANACC role.

Q30. You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view.
Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

Zero balance indicator for profit center

The summarization in ACDOCA

A non-leading ledger

An extension ledger

Financial Accounting Configuration in SAP S/4HANA

Q31. A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

It is still limited to 999 line items but you can configure summarization on certain criteria.

It is automatically extended to 999999 line items.

It is now a compatibility view without number restrictions.

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

Q32. What must you create before you can record commitments in the universal journal?

Extension ledger

Tolerance profile

Statistical cost elements

Document type

Q33. You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

Depreciation areas for parallel currencies

Non-posting depreciation areas

Year-end closing

Insurance values in the asset master records

Q34. What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question

Selection of activity prices of other CO-versions in the standard run

Simplified data structure with new table structure

Reduced number of steps in the calculation cockpit

Combined run for both standard and alternative valuations

Q35. In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

Between two accounting principles

Between two company codes

Between two profit centers

Between two storage locations

Q36. Which transactions generate a prima nota entry in the system in addition to the universal journal entry? Note: There are 2 correct answers to this question

Post time sheet data to Controlling (CAT7)

Post FI supplier invoice (FB60)

Settlement of internal order (K088)

Assessment cycle of cost centers (KSU5)

Q37. What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.

Reconciliation for entities in asset accounting is NOT included.

Archived data CANNOT be enriched with the new currency.

New currency fields are NOT updated for existing data.

Calculated values are NOT added to the ACDOCA.

Q38. What system configuration in your customer’s current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

The system does NOT use material ledger for actual costing.

The system uses classic asset accounting to manage fixed assets.

The customer does NOT use business partners to manage customers and suppliers

The customer uses the accounts approach for parallel accounting

Q39. Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

Define depreciation areas for all currency types.

Activate enterprise extension EA-FIN.

Define a technical clearing account for integrated acquisitions

Assign accounting principles to all depreciation areas

Close all fiscal years except the current one.

Q40. Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

Assign accounting principles to all depreciation areas.

Activate enterprise extension EA-FIN.

Define a technical clearing account for integrated acquisitions.

Close all fiscal years except the current one.

Define depreciation areas for all currency types.

System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

Q41. You want to configure an extension ledger.
Which steps do you need to take? Note: There are 2 correct answers to this question.

Specify allowed currency types for the extension ledger.

Select an underlying ledger for the extension ledger.

Assign a fiscal year variant to the extension ledger.

Specify the document type for the extension ledger.

Financial Accounting Configuration in SAP S/4HANA

Q42. In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

Between two company codes

Between two storage locations

Between two profit centers

Between two accounting principles

Management Accounting Configuration in SAP S/4HANA

Q43. What system configuration in your customer’s current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

The system uses classic asset accounting to manage fixed assets.

The customer uses the accounts approach for parallel accounting.

The system uses costing based CO-PA.

The customer does NOT use business partners to manage customers and suppliers.

System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

Q44. On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

Financial statement item

Functional area

Business area

G/L account

Segment

Q45. 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.

It must be assigned to an underlying ledger.

It will generate additional line items in ACDOCA for non-ledger-specific postings.

It is always active on the system level for all company codes.

If asset accounting is used, a depreciation area must be assigned.

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