[Sep-2021] Get 100% Real P-S4FIN-2020 Exam Questions, Accurate & Verified Actual4Dumps Dumps in the Real Exam!
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NEW QUESTION 20
Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Liquidity planning
- B. Costing-based CO-PA
- C. Special purpose ledger
- D. Classic profit center accounting
- E. Account-based CO-PA
Answer: B,C,D
NEW QUESTION 21
What must you create before you can record commitments in the universal journal? Please choose the correct answer.
- A. Extension ledger
- B. Non-leading standard ledger
- C. Mapping for condition types
- D. CO version
Answer: A
NEW QUESTION 22
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.
- A. You can assign each valuation to a separate ledger.
- B. You can assign profit center, group, and legal valuations to the same ledger.
- C. You can assign more than 3 valuations to the same ledger.
- D. You can assign more than 3 valuations to different ledgers, if you have enough ledgers defined.
Answer: A,B
NEW QUESTION 23
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
- A. All error messages have been accepted
- B. Migration for logistics can begin
- C. The previous year can be reopened
- D. All views are generated successfully
- E. Customizing is consistent
Answer: A,D,E
NEW QUESTION 24
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? There are 2 correct answers to this question.
- A. Select the Record Account Assignment indicator.
- B. Enter value 90 in the cost element category field.
- C. Define the G/L account as an asset reconciliation account
- D. Set the G/L account type to Non-operating Expenses or income
Answer: A,C
NEW QUESTION 25
Which information will be migrated automatically during an SAP S/4HANA finance migration? There are
3 correct answers to this question.
- A. Authorizations
- B. Material ledger customizing
- C. General ledger customizing
- D. Business partners customizing
- E. Account balances
Answer: A,B,E
NEW QUESTION 26
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Cloud single-tenant
- B. Central finance
- C. On Premise
- D. Cloud multi-tenant
Answer: C
NEW QUESTION 27
How many digits for the amount field on the financial document line item level are supported in the universal journal? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 28
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.
- A. Migration for logistics can begin
- B. The previous year can be reopened
- C. All views are generated successfully
- D. All error messages have been accepted.
- E. Customizing is consistent
Answer: C,D,E
NEW QUESTION 29
On what level can you assign a fiscal year variant to a company code? Please choose the correct answer.
- A. Accounting principle
- B. Depreciation area
- C. Ledger
- D. Valuation area
Answer: C
NEW QUESTION 30
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?
- A. Implement a new currency type.
- B. Introduce document splitting
- C. Add an extension ledger.
- D. Replace the accounts approach with the ledger approach.
Answer: A
NEW QUESTION 31
What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.
- A. Maintenance planner
- B. Check customizing settings prior to migration
- C. Simplification item check
- D. SAP readiness check
Answer: B
NEW QUESTION 32
Which modules read and write line items of the universal journal (ACDOCA)? There are 3 correct answer to this question.
- A. Costing-based profitability analysis
- B. Cash management
- C. Account-based profitability analysis
- D. Material ledger with actual costing
- E. Public sector management
Answer: B,C,E
NEW QUESTION 33
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.
- A. Because balance carryforward was performed automatically when closing the previous year
- B. Because balance carryforward was performed for the leading ledger in general ledger
- C. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
- D. Because balance carryforward was performed automatically due to postings to the subledgers in the new year
Answer: B
NEW QUESTION 34
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system?
There are 2 correct answers to this question
- A. Define a clearing account
- B. Assign a segment to all G/L accounts
- C. Define a PA transfer structure
- D. Set the zero balance indicator
Answer: A,D
NEW QUESTION 35
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?
- A. Sales order entry postings.
- B. Manual postings.
- C. Cost of goods sold (COGS) split per cost component.
- D. Production variance split per variance category.
Answer: B
NEW QUESTION 36
You maintain a Launchpad for users to which role Z_MANACC is assigned. What do you need to do make an app available on the users Launchpad? Please choose the correct answer.
- A. Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.
- B. Activate the user parameter for PFCG (role maintenance) for role Z_MANACC
- C. Add the app to a catalog and a group that are assigned to role Z_MANACC
- D. Assign the app directly to role Z_MANACC
Answer: C
NEW QUESTION 37
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?
- A. Document Splitting
- B. transfer prices
- C. Additional FI Currency
- D. Account-based CO-PA
Answer: D
NEW QUESTION 38
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question.
- A. Define a clearing account
- B. Assign a segment to all G/L accounts
- C. Set the zero-balance indicator
- D. Define a PA transfer structure
Answer: A,C
NEW QUESTION 39
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? Note:
There are 2 correct answers to this question.
- A. The material ledger uses the currencies defined in both the leading and non-leading ledgers.
- B. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
- C. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
- D. The material ledger with actual costing requires a periodic costing run to update inventory values.
Answer: C,D
NEW QUESTION 40
Which processes create an artificial controlling document? 2 correct answers
- A. Assessment from cost center to account based profitability analysis
- B. Stock material consumption on project
- C. FI posting of primary costs to production order
- D. Internal activity allocation to sales order
Answer: A,C
NEW QUESTION 41
What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?
Please choose the correct answer.
- A. Assign 2 or more valuation areas to 1 company code
- B. Assign 2 or more ledgers to 1 accounting principle
- C. Assign 2 or more accounting principles to 1 ledger
- D. Assign 2 ledgers to 1 company code
Answer: C
NEW QUESTION 42
How data is converted during an SAP S/4HANA standard conversions?
- A. Only company codes flagged as productive with all years
- B. All company codes for the years you specify
- C. All company codes with all data of all years
- D. Only company codes and years selected in the customizing for migration
Answer: C
NEW QUESTION 43
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