Question # 1
You run a financial statement report and notice the net profit calculated is different than what you expect. What could cause the issue? Note: There are 2 correct answers to this question.
| A. You have added an account to the wrong node and it is included in the assets section.
| B. You have added an account to the liabilities node that belongs to the financial statement notes.
| C. You have accounts that you have not assigned in the financial statement version.
| D. You selected account group assignment by balance for an account and it is displayed as a liability.
|
A. You have added an account to the wrong node and it is included in the assets section.
C. You have accounts that you have not assigned in the financial statement version.
Explanation:
Financial Closing
Question # 2
Which of the following objects is only a statistical account assignment for cost postings to an asset?
| A. Profit center
| B. Internal order
| C. Cost center
| D. WBS element
|
B. Internal order
Explanation:
uk.co.certification.simulator.questionpool.PList@17f3ada0
Question # 3
Which model can be used for ABAP cloud-native development?
| A. The ABAP Cloud Development Model
| B. ABAP RESTful Application Programming Model
| C. The SAP S/4HANA Cloud Extensibility Model
|
B. ABAP RESTful Application Programming Model
Explanation:
The ABAP RESTful Application Programming Model (RAP) is designed specifically for ABAP cloud-native development. RAP provides a framework for developing cloud-ready applications using ABAP in SAP S/4HANA Cloud and SAP BTP. It emphasizes RESTful service principles, which make it easier to create scalable, maintainable, and testable applications.
References
The documentation for the ABAP RESTful Application Programming Model outlines its architecture, design principles, and development process, making it the recommended approach for ABAP cloud-native development.
Question # 4
Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.
| A. Segment
| B. Business area
| C. Sales organization
| D. Plant
| E. Profit center
|
A. Segment
B. Business area
E. Profit center
Explanation:
In SAP S/4HANA, the following organizational elements can be shared by several company codes, facilitating integrated financial reporting and control:
Segment:
Business Area:
Profit Center:
References
SAP S/4HANA Configuration and Best Practices.
Organizational Assignments and Process Integration
Question # 5
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting. Which organizational unit do you need to define?
| A. Profit center
| B. Business area
| C. Segment
| D. Functional area
|
D. Functional area
Explanation:
For structuring a Profit & Loss (P&L) statement according to cost-of-sales accounting in SAP S/4HANA, it is crucial to define the correct organizational unit. The appropriate unit is:
Functional area: The functional area allows for the categorization of expenses according to their function (e.g., production, sales, administration). This classification is essential forcost-of-sales accounting as it aligns costs with the corresponding revenue-generating activities, providing a clear view of the profitability of different functions within the organization.
Setting up functional areas ensures that the P&L statement accurately reflects the cost structure and supports detailed financial analysis and decision-making.
References
[25:25†SAP 4_HANA FICO.pdf]
Organizational Assignments and Process Integration
Question # 6
Where do you assign the currency type?
| A. Accounting principle
| B. Valuation area
| C. Company
| D. Ledger
|
D. Ledger
Question # 7
You have cleared a customer open item but want to undo this action. What are the available options? Note: There are 2 correct answers to this question.
| A. Repost the clearing document
| B. Reverse the clearing document
| C. Reset and reverse the clearing document
| D. Reset the clearing document
|
B. Reverse the clearing document
C. Reset and reverse the clearing document
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