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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. 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

2. You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

A) The WBS Element is available for input in the asset master record.
B) The WBS Element from the asset master data can be changed during planned depreciation posting.
C) The WBS Element cannot be used anymore for settlement.
D) The WBS Element can no longer be changed in the asset master record once the asset is capitalized.

3. You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status. Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.

A) Account currency
B) Field status group
C) Sort key
D) Account number

4. You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.

A) The residual item is written off to a cost account.
B) Both the original open item the residual item remain on the account as open items.
C) The residual item becomes a new receivable.
D) The original document the payment are cleared.

5. Which of the following can you use to explore released APIs?

A) SAP Business Accelerator Hub
B) SAP Application Interface Framework
C) SAP Integration Suite

Solutions: