Financials in SAP S/4HANA for SAP ERP Finance Experts P_S4FIN_1909 Exam Questions

SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) certification exam validates a candidate’s ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. PassQuestion provides the latest P_S4FIN_1909 Exam Questions to help you best prepare for your test and pass your SAP P_S4FIN_1909 exam successfully.

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1. You use document splitting and post an incoming invoice via a cost center to segment A. You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B.

What happens to the segment assigned to the supplier line item in the original invoice posting?

The open item is assigned to segment B when the invoice is paid.

The open item is assigned to segment B automatically with the CO reposting.

The open item remains on segment

The open item is assigned to segment B through reclassification at month end.

2. What is One Exposure from Operations?

It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.

it is a standalone SAP NetWeaver system that handles Cash Operations integration.

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.

It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.

3. What cost center planning process can write data directly to plan item table ACDOCP? Please choose the correct answer.

Manual planning of cost with workbook

Internal activity price calculation

Manual planning of statistical key figures

Formula planning with templates

4. When does a document posted in controlling become Visible in financial accounting? Please choose the correct answer.

When document splitting is active for the company code

When real-time integration is active for the company code

When FI account assignments (such as the segment) change

When any primary or secondary cost and revenue accounts are posted

5. Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? Note: There are 2 correct answers to this question.

BP category

BP role group

BP role

BP grouping

6. After the migration to SAP S/4HANA 1809, 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?

Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.

Before the migration, the company code was NOT linked to a controlling area.

The controlling area linked to the company code was defined with currency type 20.

Before the migration, the company code did NOT have any parallel currencies defined.

7. Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables? Note: There are 2 correct answers to this question.

ACDOCP is a table with delta mechanism.

ACDOCP is a cluster table.

ACDOCP derives data from ACDOC

ACDOCP is an isolated table.

8. What setting must be identical between the company code and controlling area? Please choose the correct answer.

The number of postings and special periods

The fiscal year variant key

The number of special periods

The number of posting periods.

9. Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis? Please choose the correct answer.

Valuation

Extension

Prediction and commitments

Simulation

10. An asset is being acquired through integration with procurement.

How is the asset acquisition value posted? Please choose the correct answer.

Non-valuated acquisition is posted at invoice receipt.

Valuated acquisition is posted at settlement.

Valuated acquisition is posted at invoice receipt.

Non-Valuated acquisition is posted at goods receipt.

11. Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.

Document type

Currency type

Valuation area

Accounting principle

12. For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question.

Profit center

Functional area

Customer group

Sales region

13. What can you do in the extension ledgers configuration? Please choose the correct answer.

You can create an extension ledger for which the underlying ledger is an extension ledger.

You can assign a freely defined currency to an extension ledger.

You can manually create a new ledger group that contains an extension ledger.

You can link an accounting principle to a ledger group that contains an extension ledger.

14. How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? Note: There are 2 correct answers to this question.

Use a BW planning cube and a preconfigured content workbook.

Use the in-built BPC data extractor and upload template.

Store your planned data in the ACDOCA table.

Store your planned data in the ACDOCP table.

15. Which modules read and write line items of the universal journal (ACDOCA)? There are 3 correct answer to this question.

Cash management

Costing-based profitability analysis

Material ledger with actual costing

Public sector management

Account-based profitability analysis

16. Which of the following are available methods of valuation for depreciation areas? There are 3 correct answer to this question.

Define how asset values post for accounting principles.

Calculate different values in a depreciation area for a specific purpose

Define show values, but do NOT post any values to the G/L accounts.

Calculate additional values for acquisition and product cost.

Define how posting values and depreciation terms can be transferred to other areas

17. Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.

Commitments

Split of cost of goods sold according to the cost component split

Statistical sales conditions

Variances to work in process values

18. You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA.

Which prerequisites must be met? Note: There are 2 correct answers to this question.

You have executed the variance calculation in CO-P

You have defined a settlement profile that allows the settlement of variances for your order type.

You have set up accounts for transaction key BSX and GBB in the MM account determination.

You have defined a PA transfer structure for settlement.

19. In controlling.

What is a mandatory customizing step when converting a system to SAP S/4HANA? Please choose the correct answer.

Activate Account-based CO-P

Create document type for CO postings.

Define profit center hierarchy.

Migrate the material ledger.

20. What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? Note: There are 2 correct answers to this question.

It requires a non-leading ledger for parallel valuations.

It is available only for new installations.

It will NOT have any valuation view assigned to the ledger.

It utilizes separate amount columns in the same ledger.

21. 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.

Balance carry forward

Corrections due to migration

Settlement of investment orders

Cross company code postings

22. What data is migrated during system conversion? Please choose the correct answer.

All company codes for the years you specify

Only company codes flagged as productive with all years

All company codes with all data of all years.

Only company codes and years selected in the customizing for migration

23. Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.

Banks

Distribution channels

Employees

Suppliers

Bank accounts

24. Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question.

Account-based CO-PA

Special purpose ledger

Liquidity planning

Costing-based CO-PA

Classic profit center accounting

25. You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry.

Which actions do you have to perform? Note: There are 2 correct answers to this question.

Activate the CO-PA append structure in ACDOC

Create the user-defined characteristic and add it to the operating concern.

Maintain the proper derivation rules in transaction KED

Generate the operating concern.

26. What must always be activated after the installation of SAP S/4HANA?

Transfer prices

Profit center accounting

Credit management

Material ledger

27. On what level can you assign a fiscal year variant to a company code? Please choose the correct answer.

Accounting principle

Depreciation area

Valuation area

Ledger

28. You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.

What does this mean? There are 3 correct answers to this question.

Customizing is consistent

All error messages have been accepted.

All views are generated successfully

Migration for logistics can begin

The previous year can be reopened

29. Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.

Archiving

Aging

Indexing

Mirroring

30. You start 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.

Errors must be clarified, and uncritical errors can be ignored

All errors related to closed years can be ignored.

Critical errors must be resolved in the production system before Go Live.

All errors must be corrected during migration to complete it.

31. Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question.

Deploy

Test

Explore

Blueprint

Realize

32. What does an administrator need to do in the SAP Fiori Gateway server in order to launch a native SAP Fiori application from the SAP Fiori Launchpad? Note: There are 2 correct answers to this question.

Assign the SAP Fiori tile group to a role relevant for the user.

Activate the SAP Screen Personas flavor for the app.

Activate the OData service relevant for the app.

Assign the SAP Fiori tile catalog to a role relevant for the user.

33. You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied.

How do you handle these company codes?

Migrate all company codes flagged as productive.

Migrate all company codes of the client.

Archive all data from unused company codes.

Migrate all company codes you selected in customizing.

34. You compare the ACDOCA and BSEG tables and find that some Fl documents are NOT stored in the BSEG table.

Which of the following financial accounting transactions creates entries only in the ACDOCA table?

Cash journal posting

Post vendor invoice

Execute profit-center allocation

Depreciation run

35. You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but these field is currently, NOT available.

What could be the reasons for this behavior? Note: There are 2 correct answers to this question.

The G/L account is NOT a reconciliation account type for assets.

The G/L account is NOT maintained in the account determination of fixed asset accounting.

The G/L account is NOT maintained in the account determination for real-time integration with C

The G/L account is NOT maintained in the account determination for materials management.

36. What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

Actual revenue

Standard cost of goods sold

Incoming sales orders

Actual cost of goods sold

37. 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?

Cash flow reporting

Bank statement processing

Cash journal logging

Monitoring bank risk

38. You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA.

Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables? Note: There are 2 correct.

To perform availability

To perform planning allocation

To use standard SAP GUI plan/actual reporting

To prepare for financial consolidation

39. Your customer uses classic G/L and asks for possibilities to implement new functionalities.

What functionality can be activated during the conversion? Please choose the correct answer.

Additional FI currency

Account-based CO-PA

Document splitting

Transfer prices

40. In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

Between two company codes

Between two plants

Between two accounting principles

Between two profit centers

41. You are converting your system to SAP S/4HANA. In your system you have: Three

company codes assigned to a single controlling area Controlling area is assigned to fiscal year variant K4.Two company codes assigned to fiscal year variant K2One company code assigned to variant K3. During conversion to SAP S/4HANA, what do you need to change?

Change all company codes and the controlling area to fiscal year variant K2.

Change all company codes to fiscal year variant K4

Change all company codes to fiscal year variant K2.

Change the controlling area to fiscal year variant K3.

42. Which downstream activities can be updated when you post a payment in receivables management? Note: There are 2 correct answers to this question.

Release of an order from credit hold

Reduction of an open dispute case amount

Update of a promise to pay

Update of days sales outstanding calculations

43. 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?

SAP S/4HANA back end

SAP Fiori launchpad designer

Front-end SAP Gateway server

SAP Smart Business

44. What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809? Note: There are 2 correct answers to this question.

Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.

Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.

Enable COGS split for stock transfers and point-of-sale transactions.

Enable COGS split for sales processes posted to internal orders and projects.

45. What is the maximum number of currencies that can be defined in a ledger configuration? Please choose the correct answer.

46. You maintain a Launchpad for users to which role Z_MANACC is assigned.

What do you need to do make an app available on the users Launchpad? Please choose the correct answer.

Add the app to a catalog and a group that are assigned to role Z_MANACC

Assign the app directly to role Z_MANACC

Activate the user parameter for PFCG (role maintenance) for role Z_MANACC

Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.

47. What do you configure to enable the automatic creation of a vendor when you create a business partner? There are 2 correct answers to this question.

The business partner grouping key

The partner functions for vendors

The incoterms for vendors

The customer/vendor integration interface

48. What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.

Consolidation model

Ownership model

Exchange Rate model

Source model

49. At which level do you define that a G/L account is a secondary cost account?

Operating concern

Company code

Controlling area

Chart of accounts

50. Which of the following options in SAP S/4HANA 1809 is only possible in costing-based CO-PA and NOT in account-based CO-PA?

Sales order entry postings.

Cost of goods sold (COGS) split per cost component.

Production variance split per variance category.

Manual postings.

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Financials in SAP S/4HANA for SAP ERP Finance Experts P_S4FIN_1909 Exam Questions

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