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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. What is the purpose of the Starter system in the SAP S/4HANA Cloud implementation project?

A) To demonstrate the customer's personalized solution, including process flows, the organizational structure, and authorizations
B) To conduct a blueprint workshop to identify all customer requirements for a completely customized solution
C) To demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements
D) To configure the customer's personalized solution for demonstration and testing during the Realize phase

2. Why do you perform realignment in Profitability Analysis (CO-PA)?

A) To adjust derived value fields
B) To correct posted general ledger accounts
C) To adjust assigned characteristics
D) To correct exchange rate valuation

3. Which of the following describes a contract object in SAP S/4HANA Cloud for Contract and Lease Management? Note: There are 2 correct Answers to this question.

A) Service contract
B) Machinery
C) Real Estate
D) Sublease contract

4. You want to perform scripted calculations in your planning model. How can you achieve this on the SAP Analytics Cloud?

A) Value Driver Trees
B) Data Wrangling
C) Input Tasks
D) Data Actions

5. Which function of SAP Financial Statement Insight utilizes machine learning?

A) Flexible comparisons across multiple characteristics
B) Visualization of account group performance
C) Business exception detection
D) Dynamic adaptation of hierarchical structures

Solutions: