[UPDATED Dec-2023] Best Value Available Preparation Guide for P_S4FIN_2021 Exam [Q33-Q57]

QUESTION 33
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?

QUESTION 34
What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

QUESTION 35
On which levels can you assign semantic tags to a financial statement version in SAP Fiori?
There are 3 correct answer to this question.

QUESTION 36
A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

QUESTION 37
You want to configure an extension ledger. Which steps do you need to take? There are 2 correct answer to this question.

QUESTION 38
For which functionality is a productive material ledger a prerequisite?

QUESTION 39
The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L By looking at the screenshot what can you learn about the company code and ledger configuration?

QUESTION 40
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?

QUESTION 41
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?

QUESTION 42
You run an assessment cycle, but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?

QUESTION 43
Which three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

QUESTION 44
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

QUESTION 45
You create a new G/L account. Which G/L account type can you assign? There are 2 correct answer to this question

QUESTION 46
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

QUESTION 47
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.

QUESTION 48
Which processes create an artificial controlling document? 2 correct answers

QUESTION 49
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.

QUESTION 50
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.

QUESTION 51
What must you create before you can record commitments in the universal journal?

QUESTION 52
What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.

QUESTION 53
You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

QUESTION 54
You are performing a system conversion for a customer that uses classic general ledger with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values? There are 3 correct answers to this question.

QUESTION 55
How many digits for the amount field on the financial document line item level are supported in the universal journal?

QUESTION 56
Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?

QUESTION 57
In which of the possible scenarios can you indicate that an account is also a statistical cost element?Note: There are 2 correct answers to this question.