Online Access Free P_S4FIN_2023 Practice Test

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 element 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 in the account is changed back to "42" for company code 1750.
• B.The system brings up an error message and rejectsthe change.
• C.The cost element category in the account is changed for both company codes
• D.The cost element category is different in the two company codes.

A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this?Note: There are 2 correct answers to this question.

• A.Define the G/L account as an asset reconciliation account.
• B.Enter value 90 in the cost element category field.
• C.Select the Record Account Assignment indicator.
• D.Set the G/L account type to Primary Costs or Revenue.

What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?

• A.New asset accounting is activated.
• B.Parallel ledgers are available.
• C.New depreciation engine is used.
• D.Period posting (ASKB) became obsolete.

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

• A.Define a valuation area and ledger group for two ledgers to link with the new valuation area
• B.Define a valuation area and an accounting principle with relevant links to ledgers.
• C.Define two valuation areas and two accounting principles with relevant links to ledgers.
• D.Define two valuation methods and assign the accounting principles to the new valuation methods

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

• A.It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required
• B.It is still limited to 999 line items but you can configure summarization on certain criteria.
• C.It is now a compatibility view without number restrictions.
• D.It is automatically extended to 999999 line items.