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NEW QUESTION # 16
Asset Accounting
"Which of the following should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question."
- A. Each asset number range must be assigned to a unique asset class.
- B. Asset number range are defined at chart of depreciation level.
- C. Asset number range are defined for asset classes and are company code specific.
- D. Each asset class can have either an internal or external number range.
Answer: C,D
NEW QUESTION # 17
You want to create a substitution in Financial Accounting.
Which parts do you have to define for each step of the substitution?
Note: There are 2 correct answers to this questions.
- A. Prerequisite statement
- B. Substitution values
- C. Callup point
- D. Check statement
Answer: A,B
NEW QUESTION # 18
Asset Accounting
"You are asked to explain how assets under construction work in SAP S/4 HANA What should you highlight?
Note: There are 2 correct answers to this question."
- A. It is impossible to use assets under construction with Investment Management
- B. It is possible to post special tax depreciation and investment support for assets under construction
- C. It is possible to post credit memos, even after assets under construction are fully capitalized
- D. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction
Answer: B,C
NEW QUESTION # 19
Which of the following statements are valid for financial document number ranges?
Note: There are 3 correct answers to this questions.
- A. The same financial document number range can be assigned to several document type
- B. Financial document number ranges must be defined for the year in which they are used
- C. Financial document number ranges are defined at company code level
- D. Financial document number ranges defined at client level should NOT overlap
- E. All financial document number ranges can contain numbers and/or letters
Answer: A,C,D
NEW QUESTION # 20
Asset Accounting
"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?"
- A. Remove the asset class indicator
- B. Remove the reference indicator
- C. Remove the main asset indicator
- D. Remove the subnumber indicator
Answer: B
NEW QUESTION # 21
You are asked to explain how assets under construction work in SAP S4/HANA What should you highlight?
Note: There are 2 correct answers to this questions.
- A. It's possible to post credit memos, ever after assets under construction are fully capitalized
- B. It's possible to post special tax depreciation and investment support for assets under construction
- C. It's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction
- D. It's possible to to use asset under construction with investment management
Answer: A,B
NEW QUESTION # 22
What are prerequisites for the 3-way match to work in procurement transactions?
Note: There are 2 correct answers to this questions.
- A. Invoice receipt posted in reference to the purchase order
- B. Good receipt posted before the invoice receipt
- C. Invoice receipt posted before the goods receipt
- D. Goods receipt posted in reference to the purchase order
Answer: A,D
NEW QUESTION # 23
You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? Note: There are 2 correct answers to this question.
- A. Replacement
- B. Check
- C. Prerequisite
- D. Message
Answer: A,C
NEW QUESTION # 24
You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation.
Which of the following setting would lead to an error?
- A. Area posts depreciation only
- B. Area posts in real time
- C. Area posts not post
- D. Area posts APC immediately, depreciation periodically
Answer: D
NEW QUESTION # 25
After you collect data in the Inter company Reconciliation tool,what are the next steps of the reconciliation process?
- A. * Post the correct on documents
* Store the data.
* Present reconciled and non-reconciled data
* Communicate differences - B. * Store the data.
* Present reconciled and non-reconciled data
* Communicate differences.
* Post the correction documents. - C. * Present reconciled and non-reconciled data
* Post the correct on documents
* Store the data.
* Communicate differences. - D. * Store the data.
* Present reconciled and non-reconciled data
* Post the correct on documents
* Communicate differences.
Answer: B
NEW QUESTION # 26
In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which new settings must you maintain as part of the configuration of the automatic payment program?
Note: There are 2 correct answers to this questions.
- A. Bank determination
- B. Paying company codes
- C. Payment run
- D. Payment terms
Answer: A,B
NEW QUESTION # 27
Accounts Payable & Accounts Receivable
"Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this question."
- A. Number of date fields required
- B. Account required
- C. Document number required
- D. Reason code required
- E. Company code required
Answer: A,B,C
NEW QUESTION # 28
What is the purpose of the chart of depreciation?
- A. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
- B. The chart of depreciation manages country-specific legal valuation of fixed assets
- C. The chart of depreciation defines the asset classes for which you can create fixed assets
- D. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
Answer: B
NEW QUESTION # 29
Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question.
- A. BAdl implementation (FAGL_DERIVE_SEGMENT)
- B. Standard account assignment using constants
- C. Configuration of the derivation logic with derivation sequence and steps
- D. Definition of validation rules
Answer: A,C
NEW QUESTION # 30
Accounts Payable & Accounts Receivable
"What you can control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this question."
- A. The exclusing of disputed residual items from credit limit checks.
- B. The account where a residual item is posted.
- C. The document type of the payment.
- D. The special G/L indicator for the down payment
- E. The type of payment notice sent to customer.
Answer: A,B,E
NEW QUESTION # 31
You want to edit a dunning proposal.
Which actions can you perform?
Note: There are 3 correct answers to this questions.
- A. Lower the dunning level of an item.
- B. Change a document.
- C. Raise the dunning level of an item.
- D. Block an account.
- E. Block a I ine item.
Answer: A,D,E
NEW QUESTION # 32
Accounts Payable & Accounts Receivable
"You want to configure the default baseline date for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this question."
- A. Entry date
- B. Document date
- C. Goods receipt date
- D. Posting date
- E. Value date
Answer: A,B,D
NEW QUESTION # 33
When is it possible to set the open item management indicator in a general ledger account?
Note: There are 2 correct answers to this questions.
- A. When an a account has a zero balance
- B. When an a account is set up as a reconciliation account
- C. When an a account is set up as a secondary cost element
- D. When an a account is set up as a balance sheet account
Answer: B,D
NEW QUESTION # 34
Asset Accounting
"How do you configure depreciation areas in SAP S/4 HANA?
Note: There are 2 correct answers to this question."
- A. Ensure all depreciation areas always post to the general ledger
- B. Assign each accounting principle to a depreciation area
- C. Ensure a ledger group is assigned to each accounting principle
- D. Assign depreciaton area 01 to the leading ledger
Answer: A,B
NEW QUESTION # 35
For which special G/L indicator do you specify a target special G/L indicator?
- A. Customer down-payment
- B. Vendor down-payment request
- C. Guarantee given
- D. Bill of exchange
Answer: B
NEW QUESTION # 36
Accounts Payable & Accounts Receivable
For which special G/L indicator do you specify a target special G/L indicator?
- A. Vendor down payment request
- B. Guarantee given
- C. Customer down payment
- D. Bill of exchange
Answer: A
NEW QUESTION # 37
Accounts Payable and Accounts Receivable
What dunning -related data do you maintain on the business partner master record? (3 correct answers)
- A. Dunning Key
- B. Dunning block
- C. Dunning area
- D. Dunning procedure
- E. Dunning interval
Answer: A,B,D
NEW QUESTION # 38
What dunning-related data do you maintain on the business partner master record?
Note: There are 2 correct answers to this questions.
- A. Dunning key
- B. Dunning block
- C. Dunning area
- D. Dunning interval
Answer: B,C
NEW QUESTION # 39
Accounts Payable & Accounts Receivable
Which business partner characteristic is mapped to the customer and supplier account groups?
- A. Business partner type
- B. Business partner account group
- C. Business partner role
- D. Business partner grouping
Answer: B
NEW QUESTION # 40
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