Online Access Free SAP.P-S4FIN-2020.v2021-11-09.q88 Practice Test (Page 13)

P-S4FIN-2020 Exam Question 56

What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?

A.Postings with a special authorization group

B.Postings from CO to FI

C.Postings to special periods

D.Postings to FI Subledgers

P-S4FIN-2020 Exam Question 57

You define an additional extension ledger. What type of ledger can you assign as underlying ledger?

A.Reconciliation ledger

B.Standard ledger

C.Material ledger

D.Special ledger

P-S4FIN-2020 Exam Question 58

During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO?

A.Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

B.Because all balances from the past years are stored in the universal journal

C.Because the system displays an error if the sum of aggregated line items differs from the balance

D.Because a delta between all line items and the balance of every account will be updated in the universal journal

P-S4FIN-2020 Exam Question 59

In which of the possible scenarios can you indicate that an account is also a statistical cost elements?
There are 2 correct answer to this question.

A.It is used as balance sheet account in fixed asset accounting.

B.It is used as special reserve balance account in fixed asset accounting.

C.It is used as a work in process (WIP) inventory account in the material account assignment.

D.It is used as inventory account in the material account assignment.

P-S4FIN-2020 Exam Question 60

How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.

A.You can assign more than 3 valuations to the same ledger.

B.You can assign each valuation to a separate ledger.

C.You can assign profit center, group, and legal valuations to the same ledger.

D.You can assign more than 3 valuations to different ledgers, if you have enough ledgers defined.

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