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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. At which level do you define functional areas?

A) Client
B) Company code
C) Financial statement version
D) Controlling area

2. In the stard sales process when is the COGS posting generated in Financial Accounting?

A) Create delivery document
B) Create billing document
C) Issue customer invoice
D) Do PGI (Post Goods Issue)

3. How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A) It is a solution that can be integrated with Group Reporting.
B) It is a solution embedded in the SAP S/4HANA core.
C) It is a solution that facilitates transaction matching between systems in Central Finance.
D) It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.

4. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

A) The authorization to post to special periods
B) The start end date of posting periods
C) The posting periods open for posting
D) The number of posting periods

5. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A) 10
B) 15
C) 05
D) 01

Solutions: