P-S4FIN-2020 Exam Dumps - PDF Questions and Testing Engine
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SAP S/4HANA Financials Professional Certification Exam Details:
| Reference Books | S4F01 (SAP S/4HANA 2020) S4F02 (SAP S/4HANA 2020) S4F03 (SAP S/4HANA 2020) S4F01 (SAP S/4HANA 1909) S4F02 (SAP S/4HANA 1909) S4F03 (SAP S/4HANA 1909) |
| Passing Score | P_S4FIN_2020 - 60% P_S4FIN_1909 - 61% |
| Number of Questions | 80 |
| Duration | 180 mins |
| Sample Questions | SAP S/4HANA Financials Professional Certification Sample Questions |
| Exam Price | $550 (USD) |
| Level | Associate |
| Schedule Exam | SAP Training |
| Exam Code | P_S4FIN_2020 |
SAP P-S4FIN-2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Conversion and Post-conversion Activities for Financials in SAP S/4HANA > 12% | Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. |
| Asset Accounting Configuration in SAP S/4HANA 8% - 12% | Outline the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting. |
| Architecture Overview of Financials in SAP S/4HANA > 12% | Describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution. |
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori < 8% | Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy. |
NEW QUESTION 25
What are the key components of the Intelligent Enterprise by SAP? There are 3 correct answer to this question.
- A. Hybrid Cloud
- B. Seamless integration
- C. Intelligent technologies
- D. Digital platform
- E. Intelligent suite
Answer: C,D,E
NEW QUESTION 26
You your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answer to this question.
- A. Critical errors must be resolver in the production system before Go-live
- B. Errors must be clarified and uncritical errors must be ignored
- C. All errors related to the close years can be ignored
- D. All errors must be corrected during migration to complete it
Answer: A,D
NEW QUESTION 27
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.
- A. Indexing
- B. Archiving
- C. Aging
- D. Mirroring
Answer: B,C
NEW QUESTION 28
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?
- A. On-premise
- B. Hybrid
- C. Public cloud
- D. Private cloud
Answer: A
NEW QUESTION 29
Which values can be posted to a specific ledger? There are 3 correct answer to this question.
- A. Payments
- B. Accruals
- C. Currency valuation
- D. Depreciation
- E. Taxes
Answer: A,B,D
NEW QUESTION 30
What data for asset accounting is stored in the universal journal?
- A. Actual depreciation of all depreciation area that are set to post depreciation periodically
- B. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- C. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- D. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
Answer: A
NEW QUESTION 31
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question.
- A. Quotation costing
- B. Sales order cost estimates
- C. Preliminary cost estimates
- D. Standard price cost estimates
Answer: A,C
NEW QUESTION 32
What restriction apply when a new currency is introduced for productive company codes and ledgers? 2 correct answers
- A. Calculated values are NOT added to the ACDOCA
- B. New currency fields are NOT updated for existing data
- C. Reconciliation for entities in asset accounting is not included
- D. Archived data cannot be enriched with the new currency
Answer: C,D
NEW QUESTION 33
How many digits for the amount field on the financial document line item level are supported in the universal journal? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 34
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two company codes
- B. Between two plants
- C. Between two profit centers
- D. Between two accounting principles
Answer: A,C
NEW QUESTION 35
What processes do you perform as part of liquidity management? Note: There are 3 correct answers to this question.
- A. Monitor cash flow
- B. Post credit memos
- C. Forecast balances
- D. Review credit standing
- E. Perform planning
Answer: A,C,E
NEW QUESTION 36
After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this? Note: There are 2 correct answers to this question.
- A. Before the migration, the company code did NOT have any parallel currencies defined.
- B. Before the migration, the company code was NOT linked to a controlling area.
- C. The controlling area linked to the company code was defined with currency type 20.
- D. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
Answer: A,C
NEW QUESTION 37
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?
- A. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA
- B. Valuation using material cost estimate in account-based CO-PA
- C. Valuation using material cost estimate in costing-based CO-PA
- D. The new refinement for cost of goods sold postings in account-based CO-PA
Answer: D
NEW QUESTION 38
You run an assessment cycle but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings? Please choose the correct answer.
- A. Only interval 3
- B. Intervals 1 and 3
- C. Intervals 1 and 2
- D. Only interval 2
Answer: A
NEW QUESTION 39
You notice alpha-numeric document numbers in the Universal journal that do not have a separate document header stored in the BKPF table. Which activities may lead to alpha-numeric document numbers?
There are 2 correct answer to this question.
- A. Corrections due to migration
- B. Settlement of investment orders
- C. Balance carry forward
- D. Cross company code postings
Answer: B,D
NEW QUESTION 40
In which of the possible scenarios can you indicate that an account is also a statistical cost elements? There are 2 correct answer to this question.
- A. It is used as special reserve balance account in fixed asset accounting
- B. It is used as balance sheet account in fixed asset accounting
- C. It is used as inventory account in the material account assignment
- D. It is used a work in progress (WIP) inventory account in the material account assignment
Answer: B,D
NEW QUESTION 41
You are converting your system to SAP S/4HANA.
Which functionality became obsolete in SAP S/4HANA in asset accounting and needs to be
- A. year-end closing
- B. insurance values in the asset master record
- C. non-posting depreciation areas
- D. segment and profit centre reporting
Answer: C
NEW QUESTION 42
In which of the possible scenarios can you indicate that an account is also a statistical cost elements?
There are 2 correct answer to this question.
- A. It is used as balance sheet account in fixed asset accounting.
- B. It is used as special reserve balance account in fixed asset accounting.
- C. It is used as inventory account in the material account assignment.
- D. It is used as a work in process (WIP) inventory account in the material account assignment.
Answer: A,D
NEW QUESTION 43
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