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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 cannot be used anymore for settlement.
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 can no longer be changed in the asset master record once the asset is capitalized.
2. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.
A) The type of payment notice sent to a customer
B) The account where a residual item is posted
C) The special G/L indicator for the down payment
D) The document type of the payment
E) The exclusion of disputed residual items from credit limit checks
3. You are entering a credit memo in Financial Accounting are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.
A) The field "Reference" of the credit memo is blank.
B) The credit memo was created without reference to an invoice.
C) The credit memo was entered in Financial Accounting.
D) The due date determined based on the entered payment terms is in the past.
4. You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.
A) You have added an account to the wrong node it is included in the assets section.
B) You have accounts that you have not assigned in the financial statement version.
C) You have added an account to the liabilities node that belongs to the financial statement notes.
D) You selected account group assignment by balance for an account it is displayed as a liability.
5. Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?
A) Intelligent Suite
B) Business Network
C) Industry Cloud
D) Experience Management
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A,B,E | Question # 3 Answer: B,C | Question # 4 Answer: B,C | Question # 5 Answer: C |
By Lambert
