[Nov-2023] Exam P-S4FIN-2021 New Brain Dump Professional - Real4exams [Q25-Q46]

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[Nov-2023] Exam P-S4FIN-2021: New Brain Dump Professional – Real4exams

Free P-S4FIN-2021 Exam Dumps to Improve Exam Score

SAP P-S4FIN-2021 certification is an excellent opportunity for finance and accounting professionals to demonstrate their proficiency in SAP S/4HANA Financials. Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts certification can help enhance career prospects, increase earning potential, and provide a competitive edge in the job market. Additionally, it can help organizations identify individuals who possess the necessary skills and knowledge to effectively manage their financial operations using SAP S/4HANA.

QUESTION 25
What are the data sources for cash management in SAP S/4HANA? There are 3 correct answers to this question.

Price records

Sales order records

Purchase order records

Memo records

Consolidation records

QUESTION 26
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

Currency type

Accounting principle

Document type

Valuation area

QUESTION 27
Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question.

Special purpose ledger

Classic profit center accounting

Account-based CO-PA

Liquidity planning

Costing-based CO-PA

QUESTION 28
A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

Depreciation for the new year must be recalculated (transaction AFAR).

All depreciation (transaction AFAB) up to that point must be posted.

Fiscal year change program must have been executed (transaction FAA_CMP).

All APC values must have been posted using report “Periodic Asset Postings”.

QUESTION 29
How many digits for the amount field on the financial document line item level are supported in the universal journal

QUESTION 30
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

Cost-based CO-PA can still be used in parallel.

Characteristics will be added to the universal journal.

Value fields will be added to the universal journal.

Historical data will be enriched with characteristics by derivation

Cost component split (COGS) can be configured in financial accounting.

QUESTION 31
What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809?
Note: There are 2 correct answers to this question.

Enable COGS split for sales processes posted to internal orders and projects.

Enable COGS split for stock transfers and point-of-sale transactions.

Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.

Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.

QUESTION 32
What is the purpose of the retraction workbook? Please choose the correct answer.

Retract planning data from ERP to BW

Retract planning data from BW to ERP

Retract planning data from BPC to ERP

Retract planning data from ERP to BPC

QUESTION 33
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

Between two accounting principles

Between two company codes

Between two profit centers

Between two storage locations

QUESTION 34
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.

Define depreciation areas for all currency types.

Activate enterprise extension EA-FIN.

Define a technical clearing account for integrated acquisitions

Assign accounting principles to all depreciation areas

Close all fiscal years except the current one.

QUESTION 35
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.

Indexing

Mirroring

Archiving

Aging

QUESTION 36
What is required to enable the payment approval process in cash operations? There are 3 correct answers to this question.

Create rule to require signature

Create scenario without approval

Define a grouping method for the rule you defined

Create a rule for approvals

Define signature methods for approvals

QUESTION 37
You post a payment to a supplier invoice. In the universal journal table, you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? There are 2 correct answer to this question.

An additional accounting principle

An extension ledger

A non-leading ledger

Zero balance Indicator for profit center

QUESTION 38
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business.

Credit segment

Credit control area

Sales area

Company code

QUESTION 39
Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? Note: There are 3 correct answers to this question.

Standard COGS in cost-based CO-PA

Actual COGS (based on actual costing) in account-based CO-PA

Standard COGS in account-based CO

Moving average COGS in account-based CO-PA

Actual COGS (based on material ledger) in cost-based CO-PA

QUESTION 40
Which modules read and write line items of the universal journal (ACDOCA)? There are 2 correct answers to this question

Account based Profitability-Analysis

Actual costing

Costing-based profitability analysis

Cash Management

QUESTION 41
Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

Top down distribution in margin analysis

FI posting of primary costs to production order

Stock material consumption on project

Internal activity allocation to sales order

QUESTION 42
What is the earliest point in time that the attributed profitability segments can be derived?

When you settle the cost to margin analysis

When you run the top-down distribution in margin analysis

When you assess the costs to margin analysis using the universal allocation

When you post the primary cost document to a WBS element

QUESTION 43
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?

Define two valuation methods and assign the accounting principles to the new valuation methods

Define a valuation area and an accounting principle with relevant links to ledgers.

Define two valuation areas and two accounting principles with relevant links to ledgers.

Define a valuation area and ledger group for two ledgers to link with the new valuation area

QUESTION 44
How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? Note: There are 2 correct answers to this question.

Use a BW planning cube and a preconfigured content workbook.

Store your planned data in the ACDOCA table.

Use the in-built BPC data extractor and upload template.

Store your planned data in the ACDOCP table.

QUESTION 45
Which of the following is a prerequisite to activating takeover values between depreciation areas?

Takeover values are possible across all depreciation areas

Depreciation areas must be assigned to the same accounting principles

Only the depreciation area for book depreciation is assigned 00

Only one depreciation area per chart of depreciation is assigned 00

QUESTION 46
What is the maximum number of currency types that you can report on for a Ledger?