Question 1

What do you configure for regrouping receivables and payables?

Options :

A : Provision Method

B : Calculation Method

C : Valuation Method

D : Sort Method

Answer: D

Question 2

You are implementing the Financial Closing Cockpit for your organization. What are the advantages of defining task groups? Note: There are 2 correctanswers to this question

Options :

A : It allows cross task list monitoring of task status.

B : It allows cross template maintenance.

C : It covers multiple companies with same or similar tasks.

D : It allows cross task list execution of tasks.

Answer: B,C

Question 3

On which levels do you define FI-AA account determination? Note: There are 2 correctanswers to this question.

Options :

A : Client

B : Chart of depreciation

C : Chart of accounts

D : Company code

Answer: B,C

Question 4

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correctanswers to this question.

Options :

A : Primary costs resulting from a distribution

B : Secondary costs resulting from an assessment

C : Intercompany postings

D : Budgeted costs for a cost center

E : Plan depreciation amounts

Answer: A,C,E

Question 5

You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status. Which fields must you always maintain when extending a G/L account? Note: There are 2 correctanswers to this question.

Options :

A : Account currency

B : Account number

C : Field status group

D : Sort key

Answer: A,C

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