SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. When defining a new stard ledger which action must you take to manually post a general journal entry to it?

A) Assign the ledger to a company code
B) Include the ledger in a ledger group
C) Define the underlying ledger
D) Assign a chart of accounts to the ledger

2. Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.

A) Accounts Payable Overview
B) Manage Chart of Accounts
C) Customer Accounting Document
D) Make Bank Transfers

3. Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

A) Business area
B) Segment
C) Profit center
D) Functional area

4. You define payment methods.
Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

A) Payment Medium
B) Foreign currency allowed
C) Permitted Currencies
D) Minimum maximum payment amounts

5. You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?

A) Supplier reconciliation G/L account
B) Individual supplier accounts with special G/L indicator
C) Adjustment G/L account for foreign currency
D) Alternative reconciliation G/L account

Solutions: