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

1. SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

A) Primary costs resulting from a distribution
B) Intercompany postings
C) Budgeted costs for a cost center
D) Secondary costs resulting from an assessment
E) Plan depreciation amounts

2. What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.

A) Define the valuation procedure
B) Define the document type for the valuation posting
C) Determine the exchange rate type
D) Define the posting reversal date for the valuation posting
E) Determine the G/L accounts for the valuation posting

3. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A) To highlight solve intercompany data discrepancy triggering a workflow
B) To generate automatic posting to correct intercompany discrepancy
C) To generate automatic elimination of intercompany AR/AP balances
D) To trigger elimination of intercompany revenues & costs based on rules configured

4. You are posting a general journal entry for your company code. After posting the entry you notice the document number is in the wrong number range.
After reversing the document what do you need to change when reposting the document?

A) Posting key
B) Document number
C) Document type
D) Assignment

5. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A) 05
B) 01
C) 15
D) 10

Solutions: