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P_S4FIN_2023 Practice Questions

Question # 1
What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?
A. The system does NOT use material ledger for actual costing.
B. The system uses classic asset accounting to manage fixed assets.
C. The customer does NOT use business partners to manage customers and suppliers
D. The customer uses the accounts approach for parallel accounting


B. The system uses classic asset accounting to manage fixed assets.


Question # 2
What cost center planning process can write data directly to plan item table ACDOCP?
A. Internal activity price calculation
B. Planning in SAP Analytics Cloud
C. Manual planning of statistical key figures
D. Formula planning with templates


C. Manual planning of statistical key figures


Question # 3
In the standard delivery system, what is the maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?
A. 160
B. 120
C. 40
D. 100


B. 120


Question # 4
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion .What settings must be made to ensure this? Note: There are 2 correct answers to this question.
A. Use internal number ranges in the customer and supplier account groups after the conversion
B. Use internal number ranges in the BP groupings after the conversion
C. Use external number ranges in the customer and supplier account groups for the conversion.
D. Use external number ranges in the BP groupings for the conversion.


A. Use internal number ranges in the customer and supplier account groups after the conversion
C. Use external number ranges in the customer and supplier account groups for the conversion.


Question # 5
In which of the possible scenarios can you indicate that an account is also a statistical cost element? Note: There are 2 correct answers to this question.
A. It is used as WIP account from price differences in the material account assignment
B. It is used as balance sheet account for APC costs in fixed asset accounting.
C. It is used as inventory account (BSX) in the material account assignment.
D. It is used as special reserve balance account in fixed asset accounting.


A. It is used as WIP account from price differences in the material account assignment
B. It is used as balance sheet account for APC costs in fixed asset accounting.


Question # 6
Which of the following is a prerequisite to activate takeover values between depreciation areas?
A. Takeover values are possible across all depreciation areas.
B. Only one depreciation area per chart of depreciation is assigned 00.
C. Depreciation areas must be assigned to the same accounting principles
D. Takeover values are no longer supported in SAP S/4HAN


A. Takeover values are possible across all depreciation areas.


Question # 7
You want to configure an extension ledger. Which steps do you need to take? Note: There are 2 correct answers to this question.
A. Select an underlying ledger for the extension ledger.
B. Specify allowed currency types for the extension ledger
C. Specify the document type for the extension ledger.
D. Assign a fiscal year variant to the extension ledger


A. Select an underlying ledger for the extension ledger.
C. Specify the document type for the extension ledger.


Question # 8
A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?
A. Depreciation for the new year must be recalculated (transaction AFAR).
B. All depreciation (transaction AFAB) up to that point must be posted.
C. Fiscal year change program must have been executed (transaction FAA_CMP).
D. All APC values must have been posted using report "Periodic Asset Postings".


C. Fiscal year change program must have been executed (transaction FAA_CMP).


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SAP P_S4FIN_2023 Exam Dumps

Exam Name: SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP
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