SAP S/4HANA For Financial Accounting Associates - Mini

120 Questions | Total Attempts: 568

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SAP S/4HANA For Financial Accounting Associates - Mini - Quiz

Financial Accounting Associates - Mini


Questions and Answers
  • 1. 
    Cleared items contain which of the following pieces of information?
    • A. 

      Clearing document number

    • B. 

      Due date

    • C. 

      Clearing date

    • D. 

      Archival information

  • 2. 
    Which data can you edit in the payment proposal? Note: There are 3 correct answers to this question.
    • A. 

      House Bank

    • B. 

      Payment block

    • C. 

      Payee

    • D. 

      Cash discount

    • E. 

      Invoice amount

  • 3. 
    Which edition of SAP S/4 HANA introduced the universal journal?
    • A. 

      SAP S/4 HANA 1511

    • B. 

      SAP S/4 HANA Cloud

    • C. 

      SAP S/4 HANA Finance 1503

    • D. 

      SAP Business Suite powered by SAP HANA

  • 4. 
    What do you define in payment terms?
    • A. 

      Tolerance days

    • B. 

      Cash discounts

    • C. 

      Posting key

    • D. 

      Due date specification

  • 5. 
    How many posting period intervals in SAP S/4 HANA are used for posting of Financial Accounting (FI) and Controlling (CO)?
    • A. 

      2

    • B. 

      3

    • C. 

      12

    • D. 

      16

  • 6. 
    In Asset Accounting which object do you use to handle separate valuation for parallel accounting?
    • A. 

      Valuation area

    • B. 

      Depreciation area

    • C. 

      Chart of depreciation

    • D. 

      Depreciation key

  • 7. 
    What must you do to create new validations and substitutions?
    • A. 

      Define the area of application

    • B. 

      Choose the chart of accounts

    • C. 

      Select the relevant call-up points

    • D. 

      Deactivate all former validations and substitutions

  • 8. 
    Which information is checked by the system before a general ledger account k archived?
    • A. 

      The Blocked for Posting indicator is set in master data

    • B. 

      The assigned group account is already archived.

    • C. 

      The Mark of Deletion indicator is set in master data

    • D. 

      The Open item Management indicator is set in master data

  • 9. 
    You are creating an asset master record by copying another asset, and you notice that the inventory is copied over. Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
    • A. 

      Remove the subnumber indicator in screen layout maintenance

    • B. 

      Remove the main asset indicator screen layout maintenance

    • C. 

      Remove the asset class indicator in screen layout

    • D. 

      Remove the reference indicator in screen layout maintenance

  • 10. 
    In which object do you define which SAP Fiori /apps a user can use
    • A. 

      Fiori tile catalog

    • B. 

      Fiori app library

    • C. 

      Fiori tile group

    • D. 

      Fiori default values

  • 11. 
    On which database is SAP S/4 HANA built to run?
    • A. 

      Only on SAP HANA

    • B. 

      On all data bases that supports columnar data storage

    • C. 

      On all modern enterprise level databases

    • D. 

      On a select list of SAP and third-party databases

  • 12. 
    Which of the following information is entered in the chart of accounts segment of a G/L account? There are 3 correct answers to this question.
    • A. 

      Consolidation fields

    • B. 

      Account number

    • C. 

      Control fields

    • D. 

      Currency fields

  • 13. 
    You are asked to explain the assets under construction functionality in SAP S/4 HANA. What should you highlight?
    • A. 

      It is impossible to use the assets under construction in Investment Management

    • B. 

      It is possible to post special tax depreciation and investment support for assets under construction.

    • C. 

      It is possible to post credit memos, even after asset construction are fully capitalized.

    • D. 

      It is possible to calculate and post depreciation in the balance sheet depreciation area of assets under constructions

  • 14. 
    True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of data for the SAP BW and SAP ERP systems.
    • A. 

      True

    • B. 

      False

  • 15. 
    What dunning-related data do you maintain on the business partner master record? There are 3 correct answers.
    • A. 

      Dunning area

    • B. 

      Dunning procedure

    • C. 

      Dunning key

    • D. 

      Dunning intercal

    • E. 

      Dunning block

  • 16. 
    Which data sections are part of every asset class? There are 2 correct answers.
    • A. 

      Valuation area data section

    • B. 

      Master data section

    • C. 

      Depreciation data section

    • D. 

      Account determination data section

  • 17. 
    Which of the following is the first step in the variant principle?
    • A. 

      Determine value for the variant

    • B. 

      Assign the variant to the objects

    • C. 

      Define Variant

    • D. 

      Create multiple variants

  • 18. 
    Which of the following product lines does the SAP S/4HANA system rely on for most human resource management functions?
    • A. 

      SAP Hybris

    • B. 

      SAP Ariba

    • C. 

      Concur

    • D. 

      SAP SuccessFactors

  • 19. 
    Which of the following are the different history sheet groups that each version of asset history sheets can contain? There are 3 correct answers to this question.
    • A. 

      Imputed interest

    • B. 

      Book values at the end of the fiscal year

    • C. 

      Acquisitions

    • D. 

      Reposting

  • 20. 
    Which of the following types of tasks are available in the Financial Closing Cockpit application? There are 3 correct answers to this question.
    • A. 

      Task list template

    • B. 

      Remote tasks

    • C. 

      Flow definition

    • D. 

      Online transactions

  • 21. 
    Identify the criteria that usually differentiate between document change rules. There are 2 correct answers to this question.
    • A. 

      Company code

    • B. 

      Asset class

    • C. 

      Account type

    • D. 

      Open items

  • 22. 
    Which of the following standard correspondence types can you use to exchange information with customers and suppliers? Note: There are 2 correct answers to this question.
    • A. 

      Payment notices

    • B. 

      Bill of exchange charges statementss

    • C. 

      Invoices

    • D. 

      Dunning letters

  • 23. 
    What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question. 
    • A. 

      Bank determination

    • B. 

      Forms for the payment media

    • C. 

      Allowed currencies

    • D. 

      Payment run ID

    • E. 

      Exchange rate type

  • 24. 
    You need to enter a percentage rate in the terms of payment to calculate_____ Please choose the correct answer.
    • A. 

      Debit amount

    • B. 

      Credit amount

    • C. 

      Invoice discount

    • D. 

      Cash discount

  • 25. 
    How can you post accruals? Note: There are 3 correct answers to this question. 
    • A. 

      Run the depreciation program.

    • B. 

      Reclassify the receivables and payables.

    • C. 

      Post manually at the end of a period, quarter, or year. 

    • D. 

      Use the recurring entry program.

    • E. 

      Execute the periodic accrual run.

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