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SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q52-Q57):

NEW QUESTION # 52
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

A. Between two accounting principles
B. Between two storage locations
C. Between two company codes
D. Between two profit centers

Answer: C,D

NEW QUESTION # 53
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answers to this question.

A. All errors from the previous 2 fiscal years have to be corrected.
B. Errors must be clarified, and uncritical errors can be accepted.
C. Critical errors must be resolved in the production system before Go Live.
D. All errors must be corrected before SUM (Software Update Manager) starts.

Answer: C,D

Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

NEW QUESTION # 54
You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

A. Depreciation areas for parallel currencies
B. Year-end closing
C. Insurance values in the asset master records
D. Non-posting depreciation areas

Answer: C

NEW QUESTION # 55
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order.What do you maintain in the G/L account master record to achieve this? Note: There are 2 correct answers to this question.

A. Define the G/L account as an asset reconciliation account.
B. Enter value 90 in the cost element category field.
C. Set the G/L account type to Primary Costs or Revenue.
D. Select the Record Account Assignment indicator.

Answer: A,D

Explanation:
Financial Accounting Configuration in SAP S/4HANA

NEW QUESTION # 56
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?

A. Settlement of assets under construction per ledger is possible.
B. Multiple depreciation areas for foreign currencies can be created.
C. New depreciation engine is used.
D. New asset accounting is activated.

Answer: D

Explanation:
Asset Accounting Configuration in SAP S/4HANA

NEW QUESTION # 57
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