SAP P_S4FIN_2021 Quiz 34 Topic 7 Questions 166-170

Question: 1

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

ADefine depreciation areas for all currency types.

BActivate enterprise extension EA-FIN.

CDefine a technical clearing account for integrated acquisitions

DAssign accounting principles to all depreciation areas

EClose all fiscal years except the current one.

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Question: 2

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.

AYou cannot continue to use the consolidation staging ledger

BYou must define valuation areas for foreign currency valuation

CYou must use the accounts approach to parallel valuation

DYou cannot configure and activate document splitting

EYou must configure profit center and segment accounting

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Question: 3

Which of the following components are obsolete are require migration activities during a Statistical There are 3 correct answers to this question.

ACash Management

BSpecial purpose ledger

CAccrual engine

DClassic credit management

ECosting based CO- PA

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Question: 4

You carry forward balances for your company code and leading ledger to the new fiscal year 2021 and year What could resolve the error?

ARun 'calculate depreciation' (transition AFAR) for fiscal year 2021

BPost revaluation and new valuation (transition AR29N) for fiscal year 2020

CRun the fiscal year change (transition FAA_CMP) to close fiscal year 2019

DPost all depreciation (transaction AFAB) for the fiscal year 2020

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Question: 5

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to

take in the system?

There are 2 correct answers to this question

AAssign a segment to all G/L accounts

BSet the zero balance indicator

CDefine a clearing account

DDefine a PA transfer structure

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SAP P_S4FIN_2021 Quiz:34 Topic:7 Questions:166-170