Authentic P_S4FIN_2020 Dumps - Free PDF Questions to Pass
Guaranteed Accomplishment with Newest Nov-2021 FREE P_S4FIN_2020
SAP P_S4FIN_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Management Accounting Configuration in SAP S/4HANA > 12% | Perform customizing for Management Accounting integration, configure and use the Material Ledger, explain integration of CO with materials management and integration of CO with sales and distribution, configure and use Profitability Analysis, and perform planning and budgeting for Management Accounting and period-end closing for Management Accounting. |
| System Preparation and Configuration for Conversion of Financials in SAP S/4HANA > 12% | Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion |
| 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. |
| 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. |
| Financial Accounting Configuration in SAP S/4HANA > 12% | Describe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration. |
| 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. |
NEW QUESTION 49
Which technology supports adoption of the SAP HANA architecture?
- A. High-speed, long-range wireless network protocols.
- B. Multi-core, multi-thread central processing units.
- C. Smartphone devices
- D. Fast and reliable solid-state disks
Answer: B
NEW QUESTION 50
What is One Exposure from Operations?
- A. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term financial demands with the current business Operation.
- B. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.
- C. it is a standalone SAP NetWeaver system that handles Cash Operations integration.
- D. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.
Answer: D
NEW QUESTION 51
Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion. NOTE: There are 3 correct answers to this question.
- A. Simplification item check
- B. Global performance analysis
- C. Authority check
- D. SAP readiness check
- E. Custom code check
Answer: A,B,E
NEW QUESTION 52
Where can you find the automatic write-off program to close unpaid customer balances?
- A. Collections Management
- B. Dispute Management
- C. Treasury Operations
- D. Accounts Receivable
Answer: B
NEW QUESTION 53
You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?
- A. Suppliers
- B. Materials
- C. Production orders
- D. Fixed assets
Answer: C
NEW QUESTION 54
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 a work in process (WIP) inventory account in the material account assignment.
- B. It is used as inventory account in the material account assignment.
- C. It is used as balance sheet account in fixed asset accounting.
- D. It is used as special reserve balance account in fixed asset accounting.
Answer: A,C
NEW QUESTION 55
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. The new refinement for cost of goods sold postings in account-based CO-PA
- B. Valuation using material cost estimate in account-based CO-PA
- C. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA
- D. Valuation using material cost estimate in costing-based CO-PA
Answer: A
NEW QUESTION 56
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?
- A. Front-end SAP Gateway server
- B. SAP S/4HANA back end
- C. SAP Smart Business
- D. SAP Fiori launchpad designer
Answer: A
NEW QUESTION 57
You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? Note: There are 2 correct answers to this question.
- A. Classic profit center accounting.
- B. Account-based CO-PA
- C. General ledger accounting
- D. Costing-based CO-PA
Answer: C,D
NEW QUESTION 58
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? Note: There are 3 correct answers to this question
- A. Higher degree of customization
- B. Personalization through self-service configuration
- C. Seamless adoption of the existing processes
- D. Automatic updates every 3 months
- E. Faster initial implementation
Answer: C,D,E
NEW QUESTION 59
You define an additional extension ledger. What type of ledger can you assign as underlying ledger?
- A. Special ledger
- B. Reconciliation ledger
- C. Standard ledger
- D. Material ledger
Answer: C
NEW QUESTION 60
An asset is being acquired through integration with procurement. How is the asset aquisition value posted?
- A. Non-Valuated acquisition is posted at goods receipt
- B. Valuated acquisition is posted at settlement
- C. Valuated acquisition is posted at invoice receipt
- D. Non-Valuated acquisition is posted at invoice receipt
Answer: D
NEW QUESTION 61
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question.
- A. If asset accounting is used, a depreciation area must be assigned.
- B. It must be assigned to an underlying ledger.
- C. It will generate additional line items in ACDOCA for non-ledger-specific postings.
- D. It is always active on the system level for all company codes.
Answer: A,C
NEW QUESTION 62
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?
- A. transfer prices
- B. Document Splitting
- C. Additional FI Currency
- D. Account-based CO-PA
Answer: D
NEW QUESTION 63
What data for asset accounting is stored in the universal journal?
- A. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- B. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
- C. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- D. Actual depreciation of all depreciation area that are set to post depreciation periodically
Answer: D
NEW QUESTION 64
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Exchange Rate model
- B. Consolidation model
- C. Ownership model
- D. Source model
Answer: A,D
NEW QUESTION 65
Your customer is implementing a new installation of SAP S/4HANA.
Which of the following technical components must be installed?
- A. SAP Fiori for SAP S/4HANA
- B. SAP NetWeaver Application Server
- C. SAP S/4HANA, embedded Business Warehouse
- D. SAP Business Planning and Consolidation for SAP S/4HANA
Answer: B
NEW QUESTION 66
Your company code is configured with three depreciation areas that post in real time The company is configured to update company code and group currency types. How many documents are posted when you post a partial scrapping for a single depreciation area?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 67
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. Public cloud
- B. On-premise
- C. Hybrid
- D. Private cloud
Answer: B
NEW QUESTION 68
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required?
There are 2 correct answer to this question.
- A. Define the document type for the accounting-principle-specific-documents
- B. Convert accounts of parallel valuations to asset reconciliation accounts
- C. Assign accounting principle to all real and derived depreciation areas
- D. Configure delta depreciation areas to no longer post to the General ledger
Answer: B,C
NEW QUESTION 69
In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010. In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling are a. What is the effect in the system when you save this account?
- A. This system brings up an error message and rejects the change
- B. The cost element category in the account is also changed for company code 1010
- C. The user is asked which categorywill be used in the future
- D. The cost element category is different in the two company codes
Answer: B
NEW QUESTION 70
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 accounting principles
- B. Between two company codes
- C. Between two plants
- D. Between two profit centers
Answer: B,D
NEW QUESTION 71
You have integrated SAP Cash Application on the SAP Cloud Platform with your SAP S/4HANA system.
Which process does SAP Cash Application help you with?
- A. Bank statement processing
- B. Cash journal logging
- C. Monitoring bank risk
- D. Cash flow reporting
Answer: A
NEW QUESTION 72
What are the parameters to define different technical clearing accounts for integrated acquisition in new asset counting? There are 2 correct answer to this question.
- A. Account determination
- B. Company code
- C. Chart of depreciation
- D. Chart of accounts
Answer: A,D
NEW QUESTION 73
Which transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question.
- A. Investment support
- B. Revaluation and new valuation
- C. Retirements
- D. Transfers
Answer: A,B
NEW QUESTION 74
......
P_S4FIN_2020 Exam Certification Details:
| Languages: | English |
| Sample Questions: | SAP P_S4FIN_2020 Exam Sample Question |
| Duration: | 180 mins |
| Exam: | 80 questions |
| Level: | Associate |
| Cut Score: | 60% |
P_S4FIN_2020 Braindumps PDF, SAP P_S4FIN_2020 Exam Cram: https://www.torrentvce.com/P_S4FIN_2020-valid-vce-collection.html