2023 P_S4FIN_2020 dumps review - Professional Quiz Study Materials [Q29-Q48]

2023 P_S4FIN_2020 dumps review – Professional Quiz Study Materials [Q29-Q48]

March 13, 2023 latestexam 0 Comments

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2023 P_S4FIN_2020 dumps review – Professional Quiz Study Materials

P_S4FIN_2020 Test Prep Training Practice Exam Questions Practice Tests

NEW QUESTION 29
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)

NEW QUESTION 30
You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but these field is currently, NOT available. What could be the reasons for this behavior? Note: There are 2 correct answers to this question.

The G/L account is NOT a reconciliation account type for assets.

The G/L account is NOT maintained in the account determination of fixed asset accounting.

The G/L account is NOT maintained in the account determination for real-time integration with CO.

The G/L account is NOT maintained in the account determination for materials management.

NEW QUESTION 31
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.

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

Production variance split per variance category.

Manual postings.

NEW QUESTION 32
In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?

You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.

You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.

The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR.

NEW QUESTION 33
What must you create before you can record commitments in the universal journal?

Non-leading standard ledger

Mapping for condition types

Extension ledger

CO version

NEW QUESTION 34
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting?
There are 3 correct answers to this question.

Close all fiscal years except the current one

Define depreciation area for all currency types

Activate Enterprise Extension EA-FIN

Define a technical clearing account for integrated acquisitions

Assign accounting principle to all depreciation areas

NEW QUESTION 35
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On- premise SAP S/4HANA solution? Please choose the correct answer.

Cloud platform compatibility

Fuller integration to external systems

Support for all industries

Faster innovation cycles

NEW QUESTION 36
In the standard delivery system, what is the maximum of components you can use for the primary

140

160

NEW QUESTION 37
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?

NEW QUESTION 38
What are the improvements to new cash pooling? There are 2 correct answers to this question.

You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.

Different payment methods for payment requests can be specified in different paying company codes.

The balance before concentration and the simulated balance after the concentration can be compared.

The business user can define “expected amount” and “minimal movement amount” for every bank account without configuration.

NEW QUESTION 39
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?

Faster innovation cycles

Fuller integration to external systems

Cloud platform compatibility

Support for all industries

NEW QUESTION 40
What can you do in the extension ledgers configuration? Please choose the correct answer.

You can create an extension ledger for which the underlying ledger is an extension ledger.

You can assign a freely defined currency to an extension ledger.

You can manually create a new ledger group that contains an extension ledger.

You can link an accounting principle to a ledger group that contains an extension ledger.

NEW QUESTION 41
You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied. How do you handle these company codes?

Migrate all company codes flagged as productive.

Migrate all company codes of the client.

Archive all data from unused company codes.

Migrate all company codes you selected in customizing.

NEW QUESTION 42
You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.
What does this mean?
There are 3 correct answers to this question

All error messages have been accepted

The previous year can be reopened

Customizing is consistent

All views are generated successfully

Migration for logistics can begin

NEW QUESTION 43
After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the cause of this? Note: There are 2 correct answers to this question.

Before the migration, the company code did NOT have any parallel currencies defined.

Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.

Before the migration, the company code was NOT linked to a controlling area.

The controlling area linked to the company code was defined with currency type 20.

NEW QUESTION 44
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.

Because the system displays an error if the sum of aggregated line items differs from the balance

Because all balances from the past years are stored in the universal journal

Because a delta between all line items and the balance of every account will be updated in the universal journal

Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

NEW QUESTION 45
Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? Note: There are 2 correct answers to this question.

BP category

BP role group

BP role

BP grouping

NEW QUESTION 46
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? Note: There are 3 correct answers to this question

Seamless adoption of the existing processes

Personalization through self-service configuration

Faster initial implementation

Higher degree of customization

Automatic updates every 3 months

NEW QUESTION 47
At which level does the functional migration for finance data have to be performed?

Controlling area

Company code

Client

System

NEW QUESTION 48
What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809?
Note: There are 2 correct answers to this question.

Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.

Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.

Enable COGS split for stock transfers and point-of-sale transactions.

Enable COGS split for sales processes posted to internal orders and projects.

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Exam Questions Answers Braindumps P_S4FIN_2020 Exam Dumps PDF Questions: https://www.latestcram.com/P_S4FIN_2020-exam-cram-questions.html

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2023 P_S4FIN_2020 dumps review – Professional Quiz Study Materials [Q29-Q48]

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