Online Access Free P-S4FIN-2021 Exam Questions

Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion project? Note: There are 3 correct answers to this question.

• A.Custom Code Check
• B.Global Performance Analysis
• C.SAP Readiness Check
• D.Simplification Item-Check
• E.Authority Check

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

• A.Define a valuation area and ledger group for two ledgers to link with the new valuation area
• B.Define a valuation area and an accounting principle with relevant links to ledgers.
• C.Define two valuation areas and two accounting principles with relevant links to ledgers.
• D.Define two valuation methods and assign the accounting principles to the new valuation methods

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

• A.Cost-based CO-PA can still be used in parallel.
• B.Value fields will be added to the universal journal.
• C.Cost component split (COGS) can be configured in financial accounting.
• D.Characteristics will be added to the universal journal.
• E.Historical data will be enriched with characteristics by derivation

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

• A.The valuation view for the extension ledger
• B.The fiscal year variant for the standard ledger
• C.The financial statement version for both types of ledgers
• D.The posting period variant for the extension ledger

Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

• A.Indexing
• B.Aging
• C.Storing
• D.Archiving