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

1. You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

A) The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
B) The WBS Element from the asset master data can be changed during planned depreciation posting.
C) The WBS Element cannot be used anymore for settlement.
D) The WBS Element is available for input in the asset master record.

2. You need to explain the concept of noted items in SAP S/4HAN
Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.

A) They generate postings that do not balance.
B) They generate statistical postings.
C) They can be accessed by the payment program the dunning program.
D) They update the general ledger in Entry View only.
E) They are managed as open items on customer vendor accounts.

3. How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A) It is a solution that facilitates transaction matching between systems in Central Finance.
B) It is a solution embedded in the SAP S/4HANA core.
C) It is a solution that can be integrated with Group Reporting.
D) It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.

4. At which levels can the print program its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

A) Company code
B) Client
C) Company
D) System

5. Which of the following can you use to explore released APIs?

A) SAP Business Accelerator Hub
B) SAP Application Interface Framework
C) SAP Integration Suite

Solutions: