P_S4FIN_2020 Free Update With 100% Exam Passing Guarantee [2021]
[Sep-2021] Verified SAP Exam Dumps with P_S4FIN_2020 Exam Study Guide
NEW QUESTION 25
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?
- A. Cloud platform compatibility
- B. Faster innovation cycles
- C. Support for all industries
- D. Fuller integration to external systems
Answer: B
NEW QUESTION 26
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?
- A. SAP Smart Business
- B. SAP Fiori launchpad designer
- C. Front-end SAP Gateway server
- D. SAP S/4HANA back end
Answer: C
NEW QUESTION 27
You want to sell products from stock.
What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA).
NOTE: There are 2 correct answers to this question
- A. A cost splitting profile in general ledger accounting
- B. A settlement profile to control the settlement of cost portions
- C. An extension ledger with type" line items with technical numbers
- D. A collection of primary cost elements to receive the cost portions
Answer: A,D
NEW QUESTION 28
What must you create before you can record commitments in the universal journal?
- A. Extension ledger
- B. Non-leading standard ledger
- C. Mapping for condition types
- D. CO version
Answer: A
NEW QUESTION 29
Which transactions generate a prima nota entry in the system in addition to the universal journal entry?
There are 2 correct answers to this question.
- A. Post FI supplier invoice (FB60)
- B. Post time sheet data to Controlling (CAT7)
- C. Settlement of internal order (KO88)
- D. Assessment cycle of cost centers (KSU5)
Answer: A,B
NEW QUESTION 30
After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this? Note: There are 2 correct answers to this question.
- A. Before the migration, the company code was NOT linked to a controlling area.
- B. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
- C. The controlling area linked to the company code was defined with currency type 20.
- D. Before the migration, the company code did NOT have any parallel currencies defined.
Answer: C,D
NEW QUESTION 31
Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLT0. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs? Please choose the correct answer.
- A. The content of the table is deleted, and a compatibility view is generated.
- B. The balances of the table are posted as additional line items in the universal journal.
- C. The table is treated as a transient provider using BW query functionality.
- D. The entries of the table are converted into column store
Answer: A
NEW QUESTION 32
In which sequence do you create the objects required for the SAP financial closing cockpit?
- A. 1. Define closing periods
2. Create task lists
3. Release task lists
4. Release closing periods - B. 1. Create template
2. Create tasks
3. Create task lists
4. Release task lists - C. 1. Define task levels
2. Create task group
3. Release task levels
4. Release task group - D. 1. Create task group
2. Create task lists
3 Create tasks
4. Release task lists
Answer: B
NEW QUESTION 33
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? Note: There are 3 correct answers to this question.
- A. Profit center
- B. G/L accounts
- C. Value field
- D. Billing condition types.
- E. Cost element categories
Answer: B,D,E
NEW QUESTION 34
You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.
What does this mean?
There are 3 correct answers to this question
- A. All error messages have been accepted
- B. Migration for logistics can begin
- C. The previous year can be reopened
- D. All views are generated successfully
- E. Customizing is consistent
Answer: A,D,E
NEW QUESTION 35
Which actions will dose a dispute case created for a short payment? Note: There are 2 correct answers to this question.
- A. Running the auto-confirm dispute case program.
- B. Receiving a payment for the open amount.
- C. Running the automatic write-off program.
- D. Posting a credit memo for only cash discount amount.
Answer: B,C
NEW QUESTION 36
You maintain a Launchpad for users to which role Z_MANACC is assigned. What do you need to do make an app available on the users Launchpad? Please choose the correct answer.
- A. Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.
- B. Activate the user parameter for PFCG (role maintenance) for role Z_MANACC
- C. Add the app to a catalog and a group that are assigned to role Z_MANACC
- D. Assign the app directly to role Z_MANACC
Answer: C
NEW QUESTION 37
At which level do you define that a G/L account is a secondary cost account?
- A. Company code
- B. Operating concern
- C. Controlling area
- D. Chart of accounts
Answer: D
NEW QUESTION 38
How many digits for the amount field on the financial document line item level are supported in the universal journal?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 39
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.
- A. Banks
- B. Bank accounts
- C. Employees
- D. Suppliers
- E. Distribution channels
Answer: A,C,D
NEW QUESTION 40
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.
- A. You cannot configure and activate document splitting.
- B. You must use accounts approach to parallel valuation.
- C. You must define valuation areas for foreign currency valuation.
- D. You must configure profit center and segment accounting.
- E. You cannot continue to use the consolidation staging ledger.
Answer: A,D,E
NEW QUESTION 41
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