Online Access Free SAP.P-S4FIN-2020.v2021-11-09.q88 Practice Test (Page 2)

P-S4FIN-2020 Exam Question 1

During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.

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

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

P-S4FIN-2020 Exam Question 2

What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.

A.- Planning group is used to group customers and vendors to enable accurate forecast.
- Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.

B.- Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
- Planning group is used in the G/L account data to enable the liquidity forecast.

C.Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.

D.- Planning level is used to differentiate between strategic, business, and operational plan.
- Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.

P-S4FIN-2020 Exam Question 3

Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion? Please choose the correct answer.

A.Document splitting

B.Additional FI currency

C.Transfer prices

D.Account-based CO-PA

P-S4FIN-2020 Exam Question 4

You notice alpha-numeric document numbers in the Universal journal that do not have a separate document header stored in the BKPF table. Which activities may lead to alpha- numeric document numbers? There are 2 correct answer to this question

A.Cross company code postings

B.balance carry forward

C.Settlement of investment orders

D.Corrections due to migrations

P-S4FIN-2020 Exam Question 5

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post? Please choose the correct answer.

A.3

B.1

C.2

D.4

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P-S4FIN-2020 Exam Question 1

P-S4FIN-2020 Exam Question 2

P-S4FIN-2020 Exam Question 3

P-S4FIN-2020 Exam Question 4

P-S4FIN-2020 Exam Question 5

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