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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. What is the prerequisite for a G/L account to switch off open item management for it?

A) It has a zero balance.
B) It has not been posted to.
C) It has no open items.
D) It has been blocked against postings.

2. On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

A) Client
B) Company code
C) Chart of depreciation
D) Chart of accounts

3. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

A) The number of posting periods
B) The start end date of posting periods
C) The posting periods open for posting
D) The authorization to post to special periods

4. You want to implement purchase order accruals in SAP S/4HAN
Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

A) Purchase of services
B) Purchase of raw materials for inventory
C) Purchase of consumable materials
D) Purchase of fixed assets (using direct capitalization method)

5. You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?

A) Tolerance group
B) Account type
C) Account group
D) Chart of accounts

Solutions: