[2023] Pass Key features of P_S4FIN_2021 Course with Updated 82 Questions [Q40-Q59] : Free valid test braindumps : http://free.validbraindumps.com

NO.40 What is the earliest point in time that the attributed profitability segments can be derived?

When you settle the cost to profitability analysis

When you run result the analysis for cost objects

When you post the primary cost document

When you run the realignment in profitability analysis

NO.41 In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

NO.42 You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?

The new refinement for cost of goods sold postings in account-based CO-PA

Valuation using material cost estimate in costing-based CO-PA

Valuation using material cost estimate in account-based CO-PA

Valuation using material cost estimate in costing-based CO-PA and account-based-COPA

NO.43 Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? Note: There are 3 correct answers to this question.

Standard COGS in cost-based CO-PA

Actual COGS (based on actual costing) in account-based CO-PA

Standard COGS in account-based CO

Moving average COGS in account-based CO-PA

Actual COGS (based on material ledger) in cost-based CO-PA

NO.44 You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? Note: There are 2 correct answers to this question.

Classic profit center accounting.

Account-based CO-PA

General ledger accounting

Costing-based CO-PA

NO.45 The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents?

It creates a new document when there are more than 999 lines.

It outputs an error message when there are more than 999 lines.

It no longer assigns CO-specific document numbers.

It creates a new document when there are more than 999.999 lines

NO.46 Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard conversion. Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.

You must use the accounts approach to parallel valuation.

You must define valuation areas for foreign currency valuation.

You must configure profit center and segment accounting.

You cannot configure and activate document splitting during conversion.

You must continue to use Special Purpose Ledger for preparation for consolidation.

NO.47 What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Central finance

Private cloud

Public cloud

On premise

NO.48 What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.

Reconciliation for entities in asset accounting is NOT included.

Archived data CANNOT be enriched with the new currency.

New currency fields are NOT updated for existing data.

Calculated values are NOT added to the ACDOCA.

NO.49 What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

A chart of depreciation

A ledger account determination key

An alternative depreciation area

An accounting principle

NO.50 You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.Which of the following values do you need to provide during legacy asset transfer? Note: There are 3 correct answers to this question.

Unplanned depredation values ^

Ordinary depreciation values

Revaluation value

Acquisition and production costs

Accumulated depreciation values

NO.51 Cost of goods sold (COGS) split functionality is available in account-based CO-PA.
Which settings are necessary? Note: There are 2 correct answers to this question.

Operating concern currency must be determined.

Characteristic values and characteristic groups must be maintained

The corresponding cost elements must exist in the chart of accounts.

Cost elements must be mapped to cost components

NO.52 What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?

Postings with a special authorization group

Postings to special periods

Postings to FI Subledgers

Postings from CO to FI

NO.53 You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

Add the app to a group that is assigned to the Z_MANACC role

Assign the app directly to the Z_MANACC role and add the app to a group.

Assign the app directly to the Z_MANACC role and add the app to a catalog.

Add the app to a catalog that is assigned to the Z_MANACC role.

NO.54 You want to set up a multi-level gross margin report in profitability analysis (CO-PA). What do you customize to reopen the fixed and variable values separately? 2 correct questions

Costing-based CO-PA: assign different value fields (assignment of different value fields in necessary)

Account-based CO-PA: no specific customizing is necessary

Costing-based CO-PA: no specific customizing is necessary

Account-based CO-PA:assign different accounts(assignment of different accounts is necessary)

NO.55 Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.

Parallel currencies

Actual costing results

Transfer Prices

Plan data

NO.56 You create a G/L account and set the cost element category to 42 (assessment). In what table is the cost element category updated? Please choose the correct answer

SKA1: G/L Account Master (Chart of Accounts)

CSKB: Cost Elements (Data Dependent on Controlling Area)

SKB1: G/L Account Master (Company Code)

CSKA: Cost Elements (Data Dependent on chart of Accounts)

NO.57 How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? Please choose the correct answer.

By running the periodic acquisition and production cost posting

By maintaining the offset account in the asset account determination

By running the monthly depreciation posting

By entering manual corrective clearing transfer postings

NO.58 You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry. Which actions do you have to perform? Note: There are 2 correct answers to this question

Create the user-defined characteristic and add it to the operating concern

Activate the CO-PA append structure in ACDOCA

Generate the operating concern.

Maintain the proper derivation rules in transaction KEDR.

NO.59 You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation. What are the critical steps for fixed assets? Note: There are 3 correct answers to this question.

Activate the new depreciation areas for asset classes under the chart of depreciation.

Manually recalculate depreciation for the new depreciation area.

Activate the new depreciation areas for the individual assets for the respective company codes.

Update the depredation key for the new depreciation area.

Update G/L accounts for the new depreciation area for the chart of depreciation.