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

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

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

2. You want to include multiple company codes in a single payment run.
What are the prerequisites for the company codes?

A) They must have the same configuration for payment transactions.
B) They must all belong to the same company.
C) They must belong to the same controlling area.
D) They must be located in the same country.

3. 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) 15
B) 10
C) 01
D) 05

4. You post an unplanned depreciation to an asset.
What is the effect on FI-AA FI-GL?

A) Posting is done in FI-AA in real time in FI-GL once the depreciation posting program has run.
B) Posting is done in FI-AA in FI-GL online in real time.
C) Posting is done in FI-AA in real time in FI-GL once the periodic posting program has run.
D) Posting is not done in FI-AA in FI-GL until the depreciation posting program has run.

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

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

Solutions: