P_S4FIN_2021 Dumps 2023 - New SAP P_S4FIN_2021 Exam Questions
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The SAP P_S4FIN_2021 exam is a crucial certification test for financial experts who want to showcase their knowledge and skills in SAP S/4HANA financials. This certification exam is designed to evaluate the proficiency of candidates in using SAP S/4HANA financial tools and features to manage various financial activities in an organization. It is ideal for individuals who have experience in SAP ERP finance and who want to upgrade their skills to the latest version.
NEW QUESTION # 40
How many digits for the amount field on the financial document line item level are supported in the universal journal?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 41
Which values can be posted to a specific ledger? There are 3 correct answer to this question.
- A. Depreciation
- B. Currency valuation
- C. Taxes
- D. Payments
- E. Accruals
Answer: A,B,E
NEW QUESTION # 42
A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?
- A. All depreciation (transaction AFAB) up to that point must be posted.
- B. All APC values must have been posted using report "Periodic Asset Postings".
- C. Fiscal year change program must have been executed (transaction FAA_CMP).
- D. Depreciation for the new year must be recalculated (transaction AFAR).
Answer: C
NEW QUESTION # 43
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question
- A. Sales order cost estimates
- B. Preliminary cost estimates
- C. Standard price cost estimates
- D. Quotation costing
Answer: B,D
NEW QUESTION # 44
Which reports are included with SAP S/4HANA, embedded analytics? There are 2 correct answer to this question
- A. SAP Lumira reports
- B. Multidimensional reports
- C. Analytical list page reports
- D. SAP Analysis for Microsoft Office reports
Answer: B,C
NEW QUESTION # 45
In your SAP S/4HANA system, When does a document posted in controlling become Visible in financial accounting?
- A. When any primary and secondary cost and revenue accounts are posted
- B. When document splitting is active for the company code
- C. When real-time integration is active for the company code
- D. When FI account assignments (such as the segment) change
Answer: A
NEW QUESTION # 46
You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question
- A. ACDOCA
- B. BSEG
- C. COBK
- D. COSS
Answer: A,C
NEW QUESTION # 47
For which functionality is a productive material ledger a prerequisite?
- A. Parallel valuation for transfer pricing
- B. Actual activity price determination
- C. Parallel currencies in the universal journal
- D. Actual costing
Answer: C,D
NEW QUESTION # 48
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business.
- A. Sales area
- B. Credit control area
- C. Credit segment
- D. Company code
Answer: B
NEW QUESTION # 49
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. Depreciation run
- B. Cash journal posting
- C. Post vendor invoice
- D. Execute profit-center allocation
Answer: D
NEW QUESTION # 50
What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.
- A. SAP readiness check
- B. Check customizing settings prior to migration
- C. Simplification item check
- D. Maintenance planner
Answer: B
NEW QUESTION # 51
In Controlling, what is a mandatory customizing step when converting a system to SAP S/4HANA?
- A. Create document type for CO postings.
- B. Migrate the material ledger.
- C. Configure accounts for COGS split.
- D. Activate attributed profitability analysis
Answer: D
NEW QUESTION # 52
What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question
- A. Simplified data structure with new table structure
- B. Reduced number of steps in the calculation cockpit
- C. Combined run for both standard and alternative valuations
- D. Selection of activity prices of other CO-versions in the standard run
Answer: B
NEW QUESTION # 53
In the standard delivery system, what is the maximum of components you can use for the primary
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 54
You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.Which of the following values do you need to provide during legacy asset transfer? Note: There are 3 correct answers to this question.
- A. Acquisition and production costs
- B. Revaluation value
- C. Ordinary depreciation values
- D. Unplanned depredation values ^
- E. Accumulated depreciation values
Answer: A,C,E
NEW QUESTION # 55
A document can have up to 999999 line items in the universal journal (reposing or G/L view). How does this affect the entry view (table BSEG)?
- A. It is limited to 999 items
- B. It is extended to 999999 line items
- C. The entry view is also based on the universal journal
- D. The system splits the single entry into multiple documents as required
Answer: A
NEW QUESTION # 56
Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion. NOTE: There are 3 correct answers to this question.
- A. SAP readiness check
- B. Global performance analysis
- C. Authority check
- D. Simplification item check
- E. Custom code check
Answer: B,D,E
NEW QUESTION # 57
What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.
- A. An alternative depreciation area
- B. An accounting principle
- C. A ledger account determination key
- D. A chart of depreciation
Answer: A,B
NEW QUESTION # 58
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The SAP P_S4FIN_2021 certification is highly valued in the industry and is recognized globally. Individuals who hold this certification are considered to be experts in financials in SAP S/4HANA and are in high demand by organizations that use this technology. The certification also provides individuals with a competitive edge in the job market, as it demonstrates their commitment to their profession and their willingness to invest in their education.
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