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| Section | Objectives |
|---|---|
| Financial Accounting in SAP S/4HANA Cloud Private Edition | - Accounts Payable
|
1. How does the system determine the relevant accounting principle when performing foreign currency valuation?
A) Via the valuation type
B) Via the valuation method
C) Via the valuation area
D) Via the valuation class
2. Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?
A) Experience Management
B) Business Network
C) Intelligent Suite
D) Industry Cloud
3. Which object is used to directly support the preparation for consolidation?
A) Functional Areas
B) Segments/Profit Centers
C) Ledgers/Ledger Groups
D) Company/Trading Partner
4. You want to include multiple company codes in a single payment run.
What are the prerequisites for the company codes?
A) They must belong to the same controlling area.
B) They must all belong to the same company.
C) They must be located in the same country.
D) They must have the same configuration for payment transactions.
5. In which scenarios is the technical clearing account posted? Note: There are 2 correct answers to this question.
A) Valuated goods receipt on a purchase order with an asset as account assignment
B) Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)
C) Settlement of an investment order to an asset under construction
D) Asset transfer posting between asset classes
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A,B |
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