SAP S/4HANA Integrations and Reporting Quiz
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Questions and Answers

Which date must the system determine when entering an invoice that needs to be paid?

  • Baseline date (correct)
  • Payment date
  • Reference date
  • Order date

    • Which API types does SAP recommend to use for achieving clean core integrations? (Select all that apply)

  • OData (correct)
  • IDoc (correct)
  • SOAP
  • RFC

    • Which of the following can you use to explore released APIs?

  • SAP Business Accelerator Hub (correct)
  • SAP Integration Suite
  • SAP Application Interface Framework
  • SAP API Control Center

    • Which guiding principle is recommended by SAP for achieving clean core operations?

    <p>Establish regular housekeeping tasks and procedures</p> Signup and view all the answers

    Which model is utilized for ABAP cloud-native development?

    <p>ABAP RESTful Application Programming Model</p> Signup and view all the answers

    At which levels do you choose between direct and indirect quotation? Select two correct answers.

    <p>Country</p> Signup and view all the answers

    Which of the following organizational elements can be shared by several company codes? Select three correct answers.

    <p>Profit center</p> Signup and view all the answers

    Which line items are recorded in the Universal Journal (table ACDOCA)? Select three correct answers.

    <p>Secondary costs resulting from an assessment</p> Signup and view all the answers

    What is necessary to achieve segment reporting for the 'Consumer Products' and 'Professional Products' divisions under IFRS? Select three correct answers.

    <p>Segments</p> Signup and view all the answers

    At which level do you define functional areas in SAP S/4HANA?

    <p>Controlling area</p> Signup and view all the answers

    Which currency types are defaulted in SAP S/4HANA? Select two correct answers.

    <p>30 = Group currency</p> Signup and view all the answers

    Which of the following use cases are relevant for implementing purchase order accruals in SAP S/4HANA? Select two correct answers.

    <p>Purchase of raw materials for inventory</p> Signup and view all the answers

    Which characteristics are true for depreciation area 01? (Select all that apply)

    <p>It must always post in real time.</p> Signup and view all the answers

    On which levels can the technical clearing account for Integrated Asset Acquisition be defined? (Select all that apply)

    <p>Chart of Accounts</p> Signup and view all the answers

    What is an appropriate method to post depreciation costs of one asset to two cost centers?

    <p>Assign a real internal order in the asset master.</p> Signup and view all the answers

    What could cause an error during the balance carry forward for Asset Accounting?

    <p>You have incomplete asset master records.</p> Signup and view all the answers

    What prerequisites must be satisfied for defining the technical clearing account for Integrated Asset Acquisition?

    <p>The account is defined in the account determination for each asset class.</p> Signup and view all the answers

    At which levels is FI-AA account determination defined? (Select all that apply)

    <p>Chart of depreciation</p> Signup and view all the answers

    In a system using parallel currencies, what is the posting indicator for the depreciation area concerning parallel currency?

    <p>Posts to G/L in real time</p> Signup and view all the answers

    Which of the following could affect the completion of posting in FI-AA and FI-GL?

    <p>Running the balance carry forward before posting depreciation.</p> Signup and view all the answers

    Which characteristics are specific to noted items in SAP S/4HANA? (Select all that apply)

    <p>They can be accessed by the payment program and the dunning program.</p> Signup and view all the answers

    What is the result of recording a guarantee of EUR 10,000 in SAP S/4HANA?

    <p>Two noted items</p> Signup and view all the answers

    What are the prerequisites for including multiple company codes in a single payment run?

    <p>They must have the same configuration for payment transactions.</p> Signup and view all the answers

    What options are available to undo a cleared customer open item? (Select all that apply)

    <p>Reverse the clearing document</p> Signup and view all the answers

    How does the standard 3-way match procedure operate in SAP S/4HANA?

    <p>The invoice needs to be created in reference to the goods receipt.</p> Signup and view all the answers

    At which levels can the print program and its variant be assigned to the correspondence type? (Select all that apply)

    <p>Company</p> Signup and view all the answers

    What happens during a dunning run within SAP S/4HANA?

    <p>Outstanding items are evaluated.</p> Signup and view all the answers

    Which statement accurately describes the role of noted items in customer and vendor accounts?

    <p>They manage pending transactions without affecting the balance.</p> Signup and view all the answers

    Where do you assign the currency type in general ledger accounting?

    <p>Valuation area</p> Signup and view all the answers

    On which level is the currency translation ratio between two currencies maintained?

    <p>Exchange rate type</p> Signup and view all the answers

    To resolve the issue of creating a G/L account due to an invalid number range, which object must be customized?

    <p>Chart of accounts</p> Signup and view all the answers

    What differentiates the leading ledger from other parallel standard ledgers?

    <p>It is used to represent the group valuation.</p> Signup and view all the answers

    When reposting a general journal entry after reversing it due to an incorrect document number, which aspect must you change?

    <p>Document type</p> Signup and view all the answers

    What action is necessary to manually post a general journal entry to a new standard ledger?

    <p>Assign the ledger to a company code</p> Signup and view all the answers

    To allow for posting a reversal in a closed posting period, which object must be configured?

    <p>Reversal reason</p> Signup and view all the answers

    When extending a G/L account to a new company code, which fields are mandatory to maintain?

    <p>Account currency</p> Signup and view all the answers

    Which of the following objects is only a statistical account assignment for cost postings to an asset?

    <p>Profit center</p> Signup and view all the answers

    What accounting documents are generated when you post a vendor invoice for asset acquisition without reference to a purchase order?

    <p>One document per accounting principle &amp; one document for all accounting principles</p> Signup and view all the answers

    What are the consequences of activating the WBS Element as an account assignment for asset accounting with the parameters 'balance sheet' and 'identical' active?

    <p>The WBS Element is available for input in the asset master record.</p> Signup and view all the answers

    How can you post the depreciation costs for a specific asset to a different cost center than the one specified in the asset master data?

    <p>By creating a substitution in Financial Accounting line items</p> Signup and view all the answers

    What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?

    <p>Creation of master data</p> Signup and view all the answers

    What are the consequences of the activation of segment reporting in Asset Accounting?

    <p>The segment is automatically updated in existing asset master data.</p> Signup and view all the answers

    What happens to the WBS Element in asset accounting if it is activated with specific configurations?

    <p>It cannot be changed in the asset master record once capitalized.</p> Signup and view all the answers

    In Asset Accounting, how would setting the 'identical' parameter to not activated affect posting?

    <p>It allows for independent assignment of cost centers.</p> Signup and view all the answers

    Study Notes

    Question 1

    • At which levels do you choose between direct and indirect quotation?
      • Exchange rate type
      • Company code

    Question 2

    • Which organizational elements can be shared by several company codes?
      • Segment
      • Business area
      • Profit center

    Question 3

    • What line items are recorded in the table ACDOCA?
      • Primary costs
      • Secondary costs
      • Intercompany postings

    Question 4

    • What is needed to achieve segment reporting?
      • Profitability segments
      • Segments
      • Business areas

    Question 5

    • At which level do you define functional areas?
      • Client

    Question 6

    • Which currency types are defaulted in SAP S/4HANA?
      • Group currency
      • Company code currency

    Question 7

    • Which use cases are relevant for purchase order accruals in SAP S/4HANA?
      • Purchase of raw materials
      • Purchase of fixed assets

    Question 8

    • What settings must be common to all company codes for assignment to the same controlling area?
      • Posting period variant
      • Operating chart of accounts

    Question 9

    • Which organizational unit needs to be defined for a cost-of-sales accounting P&L statement?
      • Profit center

    Question 10

    • Which organizational unit do you need to create for a permanent establishment in Switzerland?
      • Company code

    Question 11

    • Which object directly supports consolidation preparation?
      • Ledgers/Ledger Groups

    Question 12

    • Which currency types can be defined for a specific ledger?
      • Global company currency
      • Document currency
      • Company code currency

    Question 13

    • In which scenarios is the technical clearing account posted?
      • Transfer posting between asset classes
      • Direct asset acquisition posting

    Question 14

    • What is the effect of posting unplanned depreciation on FI-AA and FI-GL?
      • FI-AA in real-time, FI-GL after periodic posting

    Question 15

    • What are the characteristics of depreciation area 01?
      • Linked to leading ledger
      • Cannot take values from other areas

    Question 16

    • On which levels can the technical clearing account for Integrated Asset Acquisition be defined?
      • Chart of Accounts
      • Depreciation area

    Question 17

    • How do you post depreciation costs to two cost centers?
      • Assign a real cost center to the asset master data

    Question 18

    • What causes an error in balance carry forward regarding Asset Accounting?
      • Incomplete asset master records
      • Not closing the previous fiscal year

    Question 19

    • What prerequisites must be met when defining the technical clearing account for Asset Acquisition?
      • Account is a balance sheet account
      • Account is a reconciliation account

    Question 20

    • On which levels do you define FI-AA account determination?
      • Client
      • Company code

    Question 21

    • What is the posting indicator of the depreciation area for parallel currencies?
      • Posts to G/L periodically

    Question 22

    • Which object is only a statistical account assignment for cost postings to an asset?
      • Cost center

    Question 23

    • What accounting documents are generated when posting a vendor invoice for asset acquisition without a purchase order?
      • One document for each accounting principle

    Question 24

    • What are the consequences of activating WBS Element as an account assignment for asset accounting?
      • WBS element is available for input in the asset master record
      • WBS element cannot be changed after capitalization

    Question 25

    • How can depreciation costs be posted to a different cost center than the one in the asset master data? (No answer given in the provided text)

    Question 26

    • What can be achieved using legacy data transfer in Asset Accounting (transaction AS91)?
      • Setting the company code status
      • Posting of summary write-offs

    Question 27

    • What are the consequences of segment reporting activation in Asset Accounting?
      • Segment is updated in existing asset master data
      • Segment appears in the asset master data screen

    Question 28

    • What are the reasons for an error in assigning an alternative account to a G/L account?
      • Alternative chart of accounts not assigned to the operational chart of accounts
      • Alternative account not created for the company code
      • Alternative account assigned to another G/L account for the company code

    Question 29

    • Why are fewer items shown in a document's entry view compared to the general ledger view?
      • Sub-ledger accounts are shown in detail
      • Document splitting is active

    Question 30

    • What does the fiscal year variant define?
      • Posting periods
      • Start and end dates of posting periods

    Question 31

    • How many companies should be defined in SAP S/4HANA for a 15-legal-entity consolidation scenario using 10 company codes?
      • 15

    Question 32

    • Where do you assign the group chart of accounts?
      • Operating chart of accounts

    Question 33

    • From which G/L account types are values shown in the P&L statement?
      • Non-operating Expense or Income, Primary Costs or Revenue, Secondary Costs

    Question 34

    • What is the prerequisite for a G/L account in switching off open item management?
      • Not posted to
      • Zero balance

    Question 35

    • Where do you assign the currency type? (No answer given in the provided text)

    Question 36

    • On which level do you maintain the currency translation ratio between two currencies?
      • Exchange rate type

    Question 37

    • Which object do you customize to extend the account number range?
      • Chart of accounts

    Question 38

    • What separates the leading ledger from other parallel standard ledgers?
      • Used for performing segment reporting
      • Used to represent the group valuation

    Question 39

    • After reversing a document in general journal posting, what needs to be changed?
      • Document number

    Question 40

    • In defining a new standard ledger, what action is needed to manually post a general journal entry?
      • Assign the ledger to a company code

    Question 41

    • Which object is configured to allow reversing postings for a closed posting period?
      • Reversal method

    Question 42

    • What causes an error when extending a G/L account to a new company code? (No answer given in the provided text)

    Question 43

    • Which fields are maintained on the chart of accounts level of a G/L account?
      • Group account number
      • Short text
      • Alternative account number

    Question 44

    • What are the causes for a GR/IR account not having a zero balance?
      • Purchase order with goods receipt, invoice receipt of same values/quantities
      • Purchase order with goods receipt, inventory invoice of different quantities/values

    Question 45

    • How does the financial closing cockpit benefit from task groups?
      • Allows monitoring of task status
      • Allows cross-template maintenance

    Question 46

    • Which items are considered during foreign currency valuation?
      • Balance valuation for balance sheet accounts
      • Line item valuation for balance sheet accounts

    Question 47

    • What is the role of the valuation method in foreign currency valuation?
      • Define the document type
      • Define the valuation procedure
      • Determine the exchange rate type

    Question 48

    • Where can matching results be viewed from the Intercompany Matching and Reconciliation tool?
      • Intercompany matching table (ACDOCU)
      • Universal Journal table (ACDOCA)

    Question 49

    • Which physical inventory methods are available in SAP S/4HANA?
      • Standard inventory method
      • Continuous inventory method
      • Actual inventory method

    Question 50

    • Which purposes are served by ICMR?
      • Generate automatic posting
      • Highlight and solve intercompany discrepancies

    Question 51

    • What could cause a financial statement report's net profit to differ from expectations?
      • Account added to the wrong node
      • Account not assigned to the financial statement version

    Question 52

    • How does the system determine the relevant accounting principle during foreign currency valuation?
      • Via the valuation type
      • Via the valuation method
      • Via the valuation class
      • Via the valuation area

    Question 53

    • Which confirmation procedure does the system use for balance confirmation?
      • Balance confirmation

    Question 54

    • On what level can posting period variants be used to restrict postings?
      • Customer reconciliation account
      • G/L account

    Question 55

    • What account is used to post foreign currency valuation differences?
      • Individual accounts (specifying G/L indicator)
      • Adjustment G/L account
      • Supplier reconciliation G/L account

    Question 56

    • How would Intercompany Matching and Reconciliation (ICMR) be defined?
      • Solution for transaction matching
      • Integrated with Group Reporting

    Question 57

    • What solutions are built on the SAP Business Network?
      • Contingent Workforce
      • Human Capital Management
      • Procurement

    Question 58

    • What component allows customers to deploy vertical solutions?
      • Industry Cloud
      • Intelligent Suite

    Question 59

    • Which SAP Fiori apps can run on any database?
      • Make Bank Transfers
      • Accounts Payable Overview

    Question 60

    • How are pages assigned to users in the SAP Fiori Launchpad?
      • Via sections, assigned to business roles
      • Directly to business roles, which are assigned to users.

    Question 61

    • What are some features of the SAP Business Technology Platform?
      • Data management and analytics
      • Supports stakeholder needs
      • Application development and integration

    Question 62

    • What are the 3 mandatory steps in the dunning process?
      • Maintain dunning parameters
      • Start dunning printout
      • Approve dunning proposal

    Question 63

    • What specific characteristics are noted items in SAP S/4HANA?
      • Accessed by the payment program
      • Managed as open items
      • Generate statistical postings

    Question 64

    • What is the result of recording a customer guarantee in SAP S/4HANA?
      • One statistical line item

    Question 65

    • What are the prerequisites for including multiple company codes in a single payment run?
      • Belonging to the same controlling area
      • Belonging to the same company
      • Having the same configuration for payment transactions

    Question 66

    • What are the available options for undoing a cleared customer open item?
      • Repost the clearing document
      • Reverse the clearing document

    Question 67

    • How does the 3-way match work in SAP S/4HANA?
      • Invoice is created in reference to a goods receipt
      • Goods receipts are crated in reference to a purchase order

    Question 68

    • At which levels are print programs and variants assigned to correspondence types?
      • System
      • Company Code

    Question 69

    • What are the reasons for ignoring payment terms in a credit memo?
      • Credit memo entered in Financial Accounting
      • Credit memo created without reference to an invoice

    Question 70

    • What is configured for regrouping receivables and payables?
      • Valuation Method

    Question 71

    • What is controlled with reason codes in Accounts Receivable?
      • Type of payment notice
      • Account for residual items
      • Document type of payment

    Question 72

    • What parameters can be configured at the dunning level?
      • Number of days in arrears
      • Payment deadline

    Question 73

    • What are the consequences of posting an incoming payment with a difference?
      • Residual item written off to a cost account
      • Residual item becomes a new receivable

    Question 74

    • Which parameters are defined for payment methods at the company code level?
      • Foreign currency allowed
      • Minimum & maximum payment amounts

    Question 75

    • When is the COGS posting generated in the standard sales process?
      • Issue Customer Invoice

    Question 76

    • Which date is determined when an invoice needs to be paid?
      • Payment date

    Question 77

    • (No question provided)

    Question 78

    • Which tool is used for exploring released APIs?
      • SAP Application Interface Framework
      • SAP Business Accelerator Hub

    Question 79

    • What are some SAP recommended principles for clean core operations?
    • Establish housekeeping tasks and procedures
    • Establish release management
    • Establish organizational structure

    Question 80

    • Which model is used for ABAP cloud-native development?
      • ABAP RESTful Application Programming Model

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    SAP TS4FI 2023 Past Paper PDF

    Description

    Test your knowledge on SAP S/4HANA integrations, reporting requirements, and organizational structures. This quiz covers key API types, invoice processes, and the Universal Journal. Prepare to enhance your understanding of clean core principles and segment reporting under IFRS.

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