Ultimate Guide to Prepare P-S4FIN-2020 Certification Exam for SAP Certified Application Professional in 2021
Use Real P-S4FIN-2020 Dumps - SAP Correct Answers updated on 2021
NEW QUESTION 41
Which object acts as a data source for cash management (cash flow analyser) in SAP S/4HANA?
- A. Value fields
- B. Bank fees
- C. Memo Records
- D. Statistical key figure
Answer: C
NEW QUESTION 42
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?
- A. SAP Smart Business
- B. SAP Fiori launchpad designer
- C. Front-end SAP Gateway server
- D. SAP S/4HANA back end
Answer: C
NEW QUESTION 43
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 44
What is the purpose of the retraction workbook? Please choose the correct answer.
- A. Retract planning data from BW to ERP
- B. Retract planning data from ERP to BW
- C. Retract planning data from BPC to ERP
- D. Retract planning data from ERP to BPC
Answer: C
NEW QUESTION 45
Which actions will dose a dispute case created for a short payment? Note: There are 2 correct answers to this question.
- A. Running the auto-confirm dispute case program.
- B. Receiving a payment for the open amount.
- C. Running the automatic write-off program.
- D. Posting a credit memo for only cash discount amount.
Answer: B,C
NEW QUESTION 46
Which transactions generate a prima nota entry in the system in addition to the universal journal entry?
There are 2 correct answers to this question.
- A. Post FI supplier invoice (FB60)
- B. Post time sheet data to Controlling (CAT7)
- C. Settlement of internal order (KO88)
- D. Assessment cycle of cost centers (KSU5)
Answer: A,B
NEW QUESTION 47
You run an assessment cycle, but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?
- A. Intervals 1 and 2
- B. Intervals 1 and 3
- C. Only interval 3
- D. Only interval 2
Answer: C
NEW QUESTION 48
You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?
- A. Materials
- B. Fixed assets
- C. Suppliers
- D. Production orders
Answer: D
NEW QUESTION 49
What are some features of actual costing in SAP S/4 HANA? There are 2 correct answer to this question
- A. Possibility of post-closing in the alternative valuation run (AVR)
- B. Reduced number of steps in the calculation cockpit
- C. Selection of activity prices of other CO-versions in the standard run
- D. Simplified data structure with new table structure
Answer: B,D
NEW QUESTION 50
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.
- A. You cannot configure and activate document splitting
- B. You must define valuation areas for foreign currency valuation
- C. You cannot continue to use the consolidation staging ledger
- D. You must configure profit center and segment accounting
- E. You must use the accounts approach to parallel valuation
Answer: A,C,D
NEW QUESTION 51
What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.
- A. Credit limits for customer accounts
- B. Daily cash position, deficits, and surpluses
- C. Hedging and hedging contracts
- D. Bank risk analysis and risk mitigation
Answer: B,D
NEW QUESTION 52
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 53
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question.
- A. It must be assigned to an underlying ledger.
- B. It will generate additional line items in ACDOCA for non-ledger-specific postings.
- C. If asset accounting is used, a depreciation area must be assigned.
- D. It is always active on the system level for all company codes.
Answer: B,C
NEW QUESTION 54
There are 8 customer-specific charts of depreciation in the client that area assigned to 22 active company codes, as required Additionally, there are 7 reference and unused. How many you charts of depreciation do you migrate?
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: E
NEW QUESTION 55
Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question.
- A. Test
- B. Explore
- C. Deploy
- D. Blueprint
- E. Realize
Answer: B,C,E
NEW QUESTION 56
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.
- A. Define the document type for the accounting-principle-specific-documents.
- B. Convert accounts of parallel valuations to asset reconciliation accounts.
- C. Assign accounting principles to all real and derived depreciation areas.
- D. Configure data depreciation areas to no longer post to the general ledger.
Answer: B,C
NEW QUESTION 57
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