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

1. What is the prerequisite for a G/L account to switch off open item management for it?

A) It has been blocked against postings.
B) It has a zero balance.
C) It has no open items.
D) It has not been posted to.


2. You post an unplanned depreciation to an asset.
What is the effect on FI-AA FI-GL?

A) Posting is not done in FI-AA in FI-GL until the depreciation posting program has run.
B) Posting is done in FI-AA in FI-GL online in real time.
C) Posting is done in FI-AA in real time in FI-GL once the periodic posting program has run.
D) Posting is done in FI-AA in real time in FI-GL once the depreciation posting program has run.


3. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

A) Cycle counting method
B) Continuous inventory method
C) Actual inventory method
D) Stard inventory method
E) Periodic inventory method


4. Which object is used to directly support the preparation for consolidation?

A) Company/Trading Partner
B) Ledgers/Ledger Groups
C) Functional Areas
D) Segments/Profit Centers


5. You want to post depreciation costs of one asset to two cost centers.
How do you do this?

A) You assign a real cost center a statistical cost center in the asset master data.
B) You assign two real cost centers in the asset master data.
C) You assign a statistical order in the asset master data which you settle periodically to two cost centers.
D) You assign a real internal order in the asset master data which you settle periodically to two cost centers.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: A,B,E
Question # 4
Answer: B
Question # 5
Answer: D

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