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NEW QUESTION # 18
Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.
- A. Business area
- B. Plant
- C. Segment
- D. Profit center
- E. Sales organization
Answer: A,C,D
NEW QUESTION # 19
Your company based in France has a permanent establishment in Switzerl where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerl?
- A. Segment
- B. Profit center
- C. Company code
- D. Business area
Answer: C
NEW QUESTION # 20
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. 20 = Controlling area currency
- B. 30 = Group currency
- C. 00 = Document currency
- D. 10 = Company code currency
Answer: C,D
NEW QUESTION # 21
You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.
- A. Fiscal year variant
- B. Posting period variant
- C. Source currency for group currency
- D. Operating chart of accounts
Answer: A,D
NEW QUESTION # 22
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 are managed as open items on customer vendor accounts.
- C. They generate statistical postings.
- D. They update the general ledger in Entry View only.
- E. They can be accessed by the payment program the dunning program.
Answer: A,B,C
NEW QUESTION # 23
You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?
- A. 0
- B. 01
- C. 1
- D. 05
Answer: C
NEW QUESTION # 24
What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.
- A. The account where a residual item is posted
- B. The exclusion of disputed residual items from credit limit checks
- C. The type of payment notice sent to a customer
- D. The document type of the payment
- E. The special G/L indicator for the down payment
Answer: A,B,C
NEW QUESTION # 25
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
- A. Manage Chart of Accounts
- B. Customer Accounting Document
- C. Make Bank Transfers
- D. Accounts Payable Overview
Answer: A,C
NEW QUESTION # 26
Which date must the system determine when you enter an invoice that needs to be paid?
- A. Baseline date
- B. Order date
- C. Payment date
- D. Reference date
Answer: A
NEW QUESTION # 27
You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.
- A. Both the original open item the residual item remain on the account as open items.
- B. The original document the payment are cleared.
- C. The residual item is written off to a cost account.
- D. The residual item becomes a new receivable.
Answer: A,D
NEW QUESTION # 28
What do you configure for regrouping receivables payables?
- A. Calculation Method
- B. Valuation Method
- C. Provision Method
- D. Sort Method
Answer: D
NEW QUESTION # 29
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 is available for input in the asset master record.
- C. The WBS Element from the asset master data can be changed during planned depreciation posting.
- D. The WBS Element cannot be used anymore for settlement.
Answer: B,C
NEW QUESTION # 30
What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.
- A. It must be defined as a cost accounting valuation area type.
- B. It must be linked to leading ledger OL.
- C. It cannot take over values from other areas.
- D. It must always post in real time.
Answer: A,D
NEW QUESTION # 31
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. System
- B. Client
- C. Company
- D. Company code
Answer: A,D
NEW QUESTION # 32
In the stard sales process when is the COGS posting generated in Financial Accounting?
- A. Do PGI (Post Goods Issue)
- B. Create delivery document
- C. Issue customer invoice
- D. Create billing document
Answer: A
NEW QUESTION # 33
Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.
- A. To trigger elimination of intercompany revenues & costs based on rules configured
- B. To generate automatic posting to correct intercompany discrepancy
- C. To generate automatic elimination of intercompany AR/AP balances
- D. To highlight solve intercompany data discrepancy triggering a workflow
Answer: C,D
NEW QUESTION # 34
Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.
- A. Days in arrears
- B. Line item grace period
- C. Payment deadline
- D. Interest indicator
Answer: A,C
NEW QUESTION # 35
You post an unplanned depreciation to an asset.
What is the effect on FI-AA FI-GL?
- A. Posting is done in FI-AA in real time in FI-GL once the periodic posting program has run.
- B. Posting is done in FI-AA in FI-GL online in real time.
- C. Posting is not done in FI-AA in FI-GL until the depreciation posting program has run.
- D. Posting is done in FI-AA in real time in FI-GL once the depreciation posting program has run.
Answer: A
NEW QUESTION # 36
Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3 correct answers to this question.
- A. Account group
- B. Alternative account number
- C. Group account number
- D. Field status group
- E. Short text
Answer: A,C,E
NEW QUESTION # 37
You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?
- A. One document per accounting principle
- B. One document per accounting principle & one document for all accounting principles
- C. One document for all accounting principles
- D. Separate documents for each every accounting principle
Answer: C
NEW QUESTION # 38
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