Free Access SAP.P_S4FIN_2021.v2022-07-17.q64 Practice Test (Page 12)

Question 51

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

A.Activate Enterprise Extension EA-FIN

B.Close all fiscal years except the current one

C.Assign accounting principle to all depreciation areas

D.Define a technical clearing account for integrated acquisitions

E.Define depreciation area for all currency types

Question 52

You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

A.Assign a Fiscal Year variant to the Extension Ledger

B.Specify currency types for the Extension Ledger

C.Select an underlying ledger for the Extension Ledger

D.Specify the document types for the Extension Ledger

Question 53

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

A.The new refinement for cost of goods sold postings in account-based CO-PA

B.Valuation using material cost estimate in costing-based CO-PA and account-based-COPA

C.Valuation using material cost estimate in costing-based CO-PA

D.Valuation using material cost estimate in account-based CO-PA

Question 54

What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting?

A.Ledger group

B.Clearing account

C.Parallel ledger

D.An accounting principle

Question 55

In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010. In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling are a. What is the effect in the system when you save this account?

A.The cost element category is different in the two company codes

B.The user is asked which categorywill be used in the future

C.This system brings up an error message and rejects the change

D.The cost element category in the account is also changed for company code 1010

Other Version: 762SAP.P_S4FIN_2021.v2024-04-01.q75; 1458SAP.P_S4FIN_2021.v2023-05-15.q88; 968SAP.P_S4FIN_2021.v2022-12-26.q60

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Question 51

Question 52

Question 53

Question 54

Question 55

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