Online Access Free P-S4FIN-1809 Practice Test

Which of the following statements about the integration of asset accounting tables in the universal journal are true? There are 2 correct answers to this question.

• A.No reconciliation-step in financial close.
• B.Planned depreciations and revaluations are now stored in ACDOCA.
• C.Reconciliation between G/L and AA is necessary.
• D.Statistical items are updated as Universal Journal Entries.
• E.No redundancy in data storage.
• F.After conversion, reporting for previous fiscal years is not possible.

During SAP S/4HANA conversion, why is it necessary to migrate balances for Fl and CO?

• A.Because all balances from the past years are stored in the universal journal
• B.Because the system displays an error if the sum of aggregated line items differs from the balance
• C.Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
• D.Because a delta between all line items and the balance of every account will be updated in the universal journal

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

• A.Define task levels
  Create task group
  Release task levels
  Release task group
• B.Create task group
  Create task lists
  Create tasks
  Release task lists
• C.Define closing periods
  Create task lists
  Release task lists
  Release closing periods
• D.Create template
  Create tasks
  Create task lists
  Release task lists

Which functions are included in Basic Cash Management for SAP S/4HANA? There are 3 correct answers to this question.

• A.Check deposit management.
• B.Electronic bank statement processing.
• C.Workflow approval processing.
• D.Rolling liquidity planning.
• E.Memo record management.

What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? There are 2 correct answers to this question.

• A.It will NOT have any valuation view assigned to the ledger.
• B.It requires a non-leading ledger for parallel valuations.
• C.It utilizes separate amount columns in the same ledger.
• D.It is available only for new installations.