P-S4FIN-1909 Exam Dumps - Try Best P-S4FIN-1909 Exam Questions from Training Expert ExamsTorrent

Practice Examples and Dumps & Tips for 2021 Latest P-S4FIN-1909 Valid Tests Dumps

SAP P-S4FIN-1909 Exam Description:

The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application. This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself.

 

NEW QUESTION 34
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.

• A. Update G/L accounts for the new depreciation area for the chart of depreciation.
• B. Manually recalculate depreciation for the new depreciation area.
• C. Update the depredation key for the new depreciation area.
• D. Activate the new depreciation areas for asset classes under the chart of depreciation.
• E. Activate the new depreciation areas for the individual assets for the respective company codes.

Answer: A,B,D

 

NEW QUESTION 35
During SAP S/4HANA conversion, why is it necessary to migrate balances for Fl and CO?

• A. Because the system displays an error if the sum of aggregated line items differs from the balance
• B. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
• C. Because a delta between all line items and the balance of every account will be updated in the universal journal
• D. Because all balances from the past years are stored in the universal journal

Answer: C

 

NEW QUESTION 36
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

• A. Between two accounting principles
• B. Between two company codes
• C. Between two plants
• D. Between two profit centers

Answer: B,D

 

NEW QUESTION 37
What processes do you perform as part of liquidity management? Note: There are 3 correct answers to this question.

• A. Post credit memos
• B. Monitor cash flow
• C. Perform planning
• D. Review credit standing
• E. Forecast balances

Answer: B,C,E

 

NEW QUESTION 38
You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but thise field is currently, NOT available.
What could be the reasons for this behavior? There are 2 correct answers to this question.

• A. The G/L account is NOT maintained in the account determination for materials management.
• B. The G/L account is NOT a reconciliation account type for assets.
• C. The G/L account is NOT maintained in the account determination of fixed asset accounting.
• D. The G/L account is NOT maintained in the account determination for real-time integration with CO.

Answer: A,C

 

NEW QUESTION 39
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.

• A. Acquisition and production costs
• B. Unplanned depredation values
• C. Accumulated depreciation values
• D. Revaluation value
• E. Ordinary depreciation values

Answer: A,C,E

 

NEW QUESTION 40
You want to provide your analysts with a tool for powerful visualizations and exploration. Which of the following would you recommend? Choose the correct answer.

• A. SAP BusinessObjects Web Intelligence
• B. SAP Crystal Reports Enterprise
• C. SAP Lumira

Answer: C

 

NEW QUESTION 41
What does an administrator need to do in the SAP Fiori Gateway server in order to launch a native SAP Fiori application from the SAP Fiori Launchpad? There are 2 correct answers to this question.

• A. Activate the OData service relevant for the app.
• B. Assign the SAP Fiori tile catalog to a role relevant for the user.
• C. Assign the SAP Fiori tile group to a role relevant for the user.
• D. Activate the SAP Screen Personas flavor for the app.

Answer: A,B

 

NEW QUESTION 42
Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question.

• A. Blueprint
• B. Explore
• C. Test
• D. Deploy
• E. Realize

Answer: B,D,E

 

NEW QUESTION 43
After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this?
There are 2 correct answers to this question.

• A. The controlling area linked to the company code was defined with currency type 20.
• B. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
• C. Before the migration, the company code was NOT linked to a controlling area.
• D. Before the migration, the company code did NOT have any parallel currencies defined.

Answer: A,D

 

NEW QUESTION 44
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?

• A. Optimized data compression is used to minimize the data volume.
• B. SQL database commands are used to accelerate the migration.
• C. The data from previous years is archived.
• D. A clone of the productive system is used.

Answer: D

 

NEW QUESTION 45
After the migration to SAP S/4HANA 1610, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this?
There are 2 correct answers to this question.

• A. Before the migration, the group currency of the controlling area was defined as a parallel currency in the '-' company code.
• B. The controlling area linked to the company code was defined with currency type 20.
• C. Before the migration, the company code was NOT linked to a controlling area.
• D. Before the migration, the company code did NOT have any parallel currencies defined.

Answer: B,D

 

NEW QUESTION 46
You define an additional extension ledger. What type of ledger can you assign as underlying ledger?

• A. Reconciliation ledger.
• B. Material ledger.
• C. Special ledger.
• D. Standard ledger.

Answer: D

 

NEW QUESTION 47
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution? Please choose the correct answer.

• A. Cloud platform compatibility
• B. Faster innovation cycles
• C. Fuller integration to external systems
• D. Support for all industries

Answer: A

 

NEW QUESTION 48
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.

• A. Cost elements must be mapped to cost components
• B. Characteristic values and characteristic groups must be maintained
• C. The corresponding cost elements must exist in the chart of accounts.
• D. Operating concern currency must be determined.

Answer: A,C

 

NEW QUESTION 49
Which of the following are key benefits of SAP S/4HANA? There are 2 correct answers to these questions.

• A. Reduced throughput.
• B. Reduced footprint.
• C. Choice of deployment.
• D. Choice of database.

Answer: B,C

 

NEW QUESTION 50
You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA
1709 system with account-based CO-PA. Which prerequisites must be met? There are 2 correct answers to these questions.

• A. You have defined a settlement profile that allows the settlement of variances for your order type.
• B. You have defined a PA transfer structure for settlement.
• C. You have set up accounts for transaction key BSX and GBB in the MM account determination.
• D. You have executed the variance calculation in CO-PC.

Answer: C,D

 

NEW QUESTION 51
At which level do you define that a G/L account is a secondary cost account?

• A. Controlling area.
• B. Company code.
• C. Chart of accounts.
• D. Operating concern.

Answer: C

 

NEW QUESTION 52
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.

• A. Choice of database
• B. Reduced throughput
• C. Reduced footprint
• D. Choice of deployment

Answer: C,D

 

NEW QUESTION 53
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
Response:

• A. Plan data
• B. Parallel currencies
• C. Actual costing results
• D. Transfer prices

Answer: B,D

 

NEW QUESTION 54
You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA.
Why do you retract the plan data from SAP Business Planning and Consolidation for SAP S/4HANA and return it to the standard planning tables? There are 2 correct answers to this question.

• A. To perform planning allocation.
• B. To perform availability.
• C. To use standard SAP GUI plan/actual reporting.
• D. To prepare for financial consolidation.

Answer: A,C

 

NEW QUESTION 55
What are some features of actual costing in SAP S/4HANA? There are 2 correct answer to this question.

• A. Reduced number of steps in the calculation cockpit
• B. Selection of activity prices of other CO-version in the standard run
• C. Possibility of post-closing in the alternative valuation run (AVR)
• D. Simplified data structure with new table structure

Answer: A,D

 

NEW QUESTION 56
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? Note:
There are 2 correct answers to this question.

• A. It requires a non-leading ledger for parallel valuations.
• B. It utilizes separate amount columns in the same ledger.
• C. It will NOT have any valuation view assigned to the ledger.
• D. It is available only for new installations.

Answer: B,C

 

NEW QUESTION 57
Which of the following options in SAP S/4HANA 1709 is only possible in costingbased CO-PA and NOT in account-based CO-PA?

• A. Manual postings.
• B. Production variance split per variance category.
• C. Sales order entry postings.
• D. Cost of goods sold (COGS) split per cost component.

Answer: A

 

NEW QUESTION 58
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.

• A. By running the monthly depreciation posting
• B. By running the periodic acquisition and production cost posting
• C. By entering manual corrective clearing transfer postings
• D. By maintaining the offset account in the asset account determination

Answer: D

 

NEW QUESTION 59
......

Latest 100% Passing Guarantee - Brilliant P-S4FIN-1909 Exam Questions PDF: https://www.examstorrent.com/P-S4FIN-1909-exam-dumps-torrent.html