SAP S/4HANA Integrations and Reporting Quiz

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