P_S4FIN_1610 Online Practice Questions and Answers

What are the improvements to new cash pooling? Note: There are 2 correct answers to this question. Response:

A. The balance before concentration and the simulated balance after the concentration can be compared.

B. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.

C. Different payment methods for payment requests can be specified in different paying company codes.

D. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.

What is One Exposure from Operations? Response:

A. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.

B. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term financial demands with the current business Operation.

C. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.

D. it is a standalone SAP NetWeaver system that handles Cash Operations integration.

Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?

Response:

A. G/L account defined in reconciliation ledger Zero-balance clearing account

B. Original cost account Zero-balance clearing account

C. G/L account defined in real-time-integration CO-Fl Original cost account

D. G/L account defined in real-time-integration CO-Fl Zero-balance clearing account

If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct

benefits will the customer gain?

Note: There are 3 correct answers to this question.

Response:

A. Personalization through self-service configuration

B. Automatic updates every 3 months

C. Faster initial implementation

D. Seamless adoption of the existing processes

E. Higher degree of customization

Where do you assign the customer and vendor account groups when preparing for integration with the

business partner (BP)?

Note: There are 2 correct answers to this question.

Response:

A. BP grouping

B. BP role

C. BP category

D. BP role group

Which modules remain unchanged after the migration to SAP S/4HANA?

Note: There are 3 correct answers to this question.

Response:

A. Account-based CO-PA

B. Costing-based CO-PA

C. Classic profit center accounting

D. Liquidity planning

E. Special purpose ledger

Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?

Response:

A. A) The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.

B. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.

C. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES

D. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).

A business user entered the wrong password too many times and is locked out of the SAP Fiori

launchpad.

Where must the administrator unlock this user?

Response:

A. SAP Fiori launchpad designer

B. Front-end SAP Gateway server

C. SAP Smart Business

D. SAP S/4HANA back end

Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and

more than 10 years' worth of data.

What can you do in separate projects before the SAP S/4HANA converson to reduce the complexity of

your conversion project?

Note: There are 2 correct answers to this question.

Response:

A. Launch customer-vendor integration for the business partner.

B. Adopt new Asset Accounting.

C. Implement an archiving project.

D. Create a backup.

Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question. Response:

A. Reduced throughput

B. Reduced footprint

C. Choice of deployment

D. Choice of database