SAP P_S4FIN_2021 Quiz 3 Topic 8 Questions 11-15

Question: 1

What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.

AMaintenance planner

BSimplification item check

CCheck customizing settings prior to migration

DSAP readiness check

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Question: 2

What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.

AAssign separate settlement rules for depreciation areas.

BComplete periodic acquisition and production cost adjustments postings

CPost revenue for retirements by acquisition and production cost

DSimultaneously post separate values by depreciation area.

EDefine transaction types by depreciation area

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Question: 3

In your SAP S/4HANA system, ledger group LI is assigned to a US GAAP accounting principle. You want to assign ledger group to the LI to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?

AYou use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger

BThe US GAAP values need to be reported in USG-but-the company code currency is defined as L1 EUR.

COne of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.

DYou assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

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Question: 4

In which sequence do you create the objects required for the SAP financial closing cockpit?

A1. Create task group
2. Create task lists 3 Create tasks
4. Release task lists

B1. Define closing periods
2. Create task lists
3. Release task lists
4. Release closing periods

C1. Define task levels
2. Create task group
3. Release task levels
4. Release task group
1. Create template
2. Create tasks

D3. Create task lists
4. Release task lists

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Question: 5

You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.Which of the following values do you need to provide during legacy asset transfer? Note: There are 3 correct answers to this question.

AUnplanned depredation values ^

BOrdinary depreciation values

CRevaluation value

DAcquisition and production costs

EAccumulated depreciation values

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SAP P_S4FIN_2021 Quiz:3 Topic:8 Questions:11-15