SAP P-S4FIN-1709 Certification Exam Dumps with 117 Practice Test Questions [Q64-Q84]

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SAP P-S4FIN-1709 Certification Exam Dumps with 117 Practice Test Questions

New P-S4FIN-1709 Exam Dumps with High Passing Rate

Q64. Cost of goods sold (COGS) split functionality is available in account-based CO-PA. Which settings are necessary?
Note: There are 2 correct answers to this question.
Response:

Cost elements must be mapped to cost components

The corresponding cost elements must exist in the chart of accounts.

Characteristic values and characteristic groups must be maintained

Operating concern currency must be determined.

Q65. What are planning level and planning group used for in SAP Cash Management?
Note: There are 2 correct answers to this question.
Response:

– Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
-Planning group is used in the G/L account data to enable the liquidity forecast.

– Planning level is used to differentiate between strategic, business, and operational plan.
-Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.
-Planning group is used to group customers and vendors to enable accurate forecast.

– Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.

Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.

Q66. You post a customer invoice from Sales and Distribution in SAP S/41HANA, but the system teminates the transaction. With the error message “Maximum number of these items In Fi reached”.
What do you need to configure in customizing in order to post this invoice successfully?
Response:

BSEG summarization

SAP HANA database partitioning

ACDOCA summarization

Data aging for accounting documents

Q67. Which actions will dose a dispute case created for a short payment?
Note: There are 2 correct answers to this question.
Response:

Running the automatic write-off program.

Receiving a payment for the open amount.

Running the auto-confirm dispute case program.

Posting a credit memo for only cash discount amount.

Q68. The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as.
Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?
Response:

Standard ledger A
Standard ledger B

Standard ledger A
Standard ledger B
Extension ledger C

Standard ledger A
Extension ledger C

Standard ledger B
Extension ledger C

Q69. What are planning level and planning group used for in SAP Cash Management?
Note: There are 2 correct answers to this question.
Response:

Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
Planning group is used in the G/L account data to enable the liquidity forecast.

Planning group is used to group customers and vendors to enable accurate forecast.
Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.

Planning level is used to differentiate between strategic, business, and operational plan.
Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.

Q70. Where can you find the automatic write-off program to close unpaid customer balances?
Response:

Collections Management

Dispute Management

Treasury Operations

Accounts Receivable

Q71. You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?
Response:

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

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

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

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

Q72. Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments.
When preparing for integration, what do you have to create?
Response:

Create a BP role for each customer and vendor account group.

Create a BP category for each legal form maintained for customers/vendors.

Create a BP grouping for each customer and vendor account group.

Create a BP type for each industry category in the customer/vendor accounts.

Q73. Which of the following are key benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question.
Response:

Choice of deployment

Reduced throughput

Choice of database

Reduced footprint

Q74. You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but thise field is currently, NOT available.
What could be the reasons for this behavior?
Note: There are 2 correct answers to this question.
Response:

The G/L account is NOT maintained in the account determination for materials management.

The G/L account is NOT maintained in the account determination for real-time integration with CO.

The G/L account is NOT maintained in the account determination of fixed asset accounting.

The G/L account is NOT a reconciliation account type for assets.

Q75. What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
Response:

Postings to FI Subledgers

Postings to special periods

Postings with a special authorization group

Postings from CO to FI

Q76. What does an administrator need to do in the SAP Fiori Gateway server in order to launch a native SAP Fiori application from the SAP Fiori Launchpad?
Note: There are 2 correct answers to this question.
Response:

Assign the SAP Fiori tile group to a role relevant for the user.

Activate the SAP Screen Personas flavor for the app.

Activate the OData service relevant for the app.

Assign the SAP Fiori tile catalog to a role relevant for the user.

Q77. Which downstream activities can be updated when you post a payment in receivables management?
Note: There are 2 correct answers to this question.
Response:

Reduction of an open dispute case amount

Update of days sales outstanding calculations

Update of a promise to pay

Release of an order from credit hold

Q78. Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)?
Note: There are 2 correct answers to this question.
Response:

BP role

BP role group

BP category

BP grouping

Q79. What do you manage within cash operations of SAP Cash Management?
Note: There are 2 correct answers to this question.
Response:

Daily cash position, deficits, and surpluses

Hedging and hedging contracts

Credit limits for customer accounts

Bank risk analysis and risk mitigation

Q80. In which sequence do you create the objects required for the SAP financial closing cockpit?
Response:

1. Create task group
2. Create task lists
3 Create tasks
4. Release task lists

1. Create template
2. Create tasks
3. Create task lists
4. Release task lists

1. Define task levels
2. Create task group
3. Release task levels
4. Release task group

1. Define closing periods
2. Create task lists
3. Release task lists
4. Release closing periods

Q81. You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA. Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables?
Note: There are 2 correct.
Response:

To use standard SAP GUI plan/actual reporting

To perform planning allocation

To perform availability

To prepare for financial consolidation

Q82. The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the Co documents?
Response:

It outputs an error message when there are more than 999 lines.

It creates a new document when there are more than 999.999 lines

It no longer assigns CO-specific document numbers.

It creates a new document when there are more than 999 lines.

Q83. What are the benefits of the new depreciation posting run in Asset Accounting?
Note: There are 2 correct answers to this question.
Response:

The online test run can be performed without any master data restrictions.

The posting run can be performed even if there are errors on individual assets.

You can select a single target ledger group for an accounting principle.

You NO longer need to select reasons for the posting run.

Q84. Your company code is configured with three depreciation areas that post in real time The company is configured to update company code and group currency types.
How many documents are posted when you post a partial scrapping for a single depreciation area?
Response:

SAP P-S4FIN-1709 Exam Syllabus Topics:

Topic	Details
Topic 1	Financial Accounting Configuration in SAP Accounting Powered by SAP HANA
Topic 2	Management Accounting Configuration in SAP Accounting Powered by SAP HANA
Topic 3	Architecture Overview of Fina
Topic 4	Asset Accounting Configuration in SAP Accounting Powered by SAP HANA