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

1. Where do you assign the currency type?

A) Ledger
B) Company
C) Accounting principle
D) Valuation area

2. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

A) Cycle counting method
B) Actual inventory method
C) Stard inventory method
D) Continuous inventory method
E) Periodic inventory method

3. You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

A) It allows cross task list execution of tasks.
B) It covers multiple companies with same or similar tasks.
C) It allows cross template maintenance.
D) It allows cross task list monitoring of task status.

4. On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.

A) Account determination
B) Asset Class
C) Chart of Accounts
D) Depreciation area

5. You have made an agreement with a customer to guarantee an amount of EUR 10000.
What is the result of recording this guarantee in SAP S/4HANA?

A) Two statistical line items
B) One noted item
C) One statistical line item
D) Two noted items

Solutions: