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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1709) Sample Questions:

1. A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Please choose the correct answer.

A) The one in the line item with the largest amount
B) The one assigned to the tolerance group
C) The system prompts for the user to assign one
D) The one in the first line item

2. Which of the following tolerance groups should every company code always have? Please choose the correct answer.

A) Special
B) Named
C) Defined
D) Blank

3. What does the year-end closing program in Asset Accounting do? There are 3 correct answers to this question.

A) It checks whether the depreciation is posted completely for the fiscal year.
B) It indicates if any of the created asset master records contain errors or are incomplete.
C) It settles all assets under construction with values and maintained settlement rules.
D) It posts all remaining depredation and imputed interest.
E) It blocks all postings to Asset Accounting for the closed fiscal years.

4. Which business scenarios can be handled with accrual and deferral postings? Please choose the correct answer.

A) One-time payment for fixing flooding damage
B) One-time payment for one-year cloud storage service
C) Monthly rent payments for an office building
D) Monthly subscription to a financial newspaper

5. You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate?There are 3 correct answers to this question.

A) Current year asset acquisition transactions
B) Fully depreciated fixed asset master records
C) Current year posted depreciation
D) Closed year asset sale transactions
E) Accumulated depreciation per cost center

Solutions: