P_S4FIN_1909 Certification Overview - [Nov 30, 2021] Latest P_S4FIN_1909 PDF Dumps

The Best SAP P_S4FIN_1909 Study Guides and Dumps of 2021

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 74
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.

• A. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
• B. Because balance carryforward was performed for the leading ledger in general ledger
• C. Because balance carryforward was performed automatically when closing the previous year
• D. Because balance carryforward was performed automatically due to postings to the subledgers in the new year

Answer: B

 

NEW QUESTION 75
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 76
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting? Please choose the correct answer.

• A. A Parallel ledger
• B. An accounting principle
• C. A Clearing account
• D. A Ledger group

Answer: B

 

NEW QUESTION 77
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 78
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 79
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

• A. Standard cost of goods sold
• B. Actual revenue
• C. Incoming sales orders
• D. Actual cost of goods sold

Answer: B,D

 

NEW QUESTION 80
For which parameters can you define the minimum life to maintain documents in financial accounting for data aging? There are 2 correct answers to this question.

• A. Document type.
• B. Ledger group
• C. Account type
• D. Document number.

Answer: A,C

 

NEW QUESTION 81
What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.

• A. - Planning level is used to differentiate between strategic, business, and operational plan.
  - Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.
• B. - Planning group is used to group customers and vendors to enable accurate forecast.
  - Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.
• C. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.
• D. - Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
  - Planning group is used in the G/L account data to enable the liquidity forecast.

Answer: B,C

 

NEW QUESTION 82
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.

• A. Define the document type for the accounting-principle-specific-documents.
• B. Assign accounting principles to all real and derived depreciation areas.
• C. Configure data depreciation areas to no longer post to the general ledger.
• D. Convert accounts of parallel valuations to asset reconciliation accounts.

Answer: B,D

 

NEW QUESTION 83
How can you represent different accounting principles in SAP S/4HANA Finance? Choose the correct answers.

• A. Accounts approach
• B. Ledger approach

Answer: A,B

 

NEW QUESTION 84
Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.

• A. Statistical sales conditions
• B. Split of cost of goods sold according to the cost component split
• C. Variances to work in process values
• D. Commitments

Answer: A,B

 

NEW QUESTION 85
How many digits for the amount field on the financial document line item level are supported in the universal journal? Please choose the correct answer.

• A. 0
• B. 1
• C. 2
• D. 3

Answer: C

 

NEW QUESTION 86
How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?

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

Answer: B

 

NEW QUESTION 87
Which of the following reports are obsolete and deleted? There are 4 correct answers to this question.

• A. Reconciliation postings: RAABSTxxxx
• B. Post depreciation: FAA_DEPRECIATION_POST
• C. Post depreciation: RAPOSTxxxx
• D. Fiscal Year Change: RAJAWEOO
• E. Periodic APC postings: RAPERBxxxx

Answer: A,C,D,E

 

NEW QUESTION 88
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.

• A. You must configure profit center and segment accounting.
• B. You must use accounts approach to parallel valuation.
• C. You cannot continue to use the consolidation staging ledger.
• D. You cannot configure and activate document splitting.
• E. You must define valuation areas for foreign currency valuation.

Answer: A,C,D

 

NEW QUESTION 89
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? There are 2 correct answers to this question.

• A. The material ledger with actual costing requires a periodic costing run to update inventory values.
• B. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
• C. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
• D. The material ledger uses the currencies defined in both the leading and non-leading ledgers.

Answer: A,B

 

NEW QUESTION 90
When document splitting is active, in which table is the splitting information stored? Choose the correct answer.

• A. ACDOCA
• B. ACDOCP
• C. BSEG
• D. FAGLFLEXA

Answer: A

 

NEW QUESTION 91
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 92
You run an assessment cycle but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings? Please choose the correct answer.

• A. Intervals 1 and 3
• B. Only interval 2
• C. Intervals 1 and 2
• D. Only interval 3

Answer: D

 

NEW QUESTION 93
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?

• A. Original cost account Zero-balance clearing account
• B. G/L account defined in reconciliation ledger Zero-balance clearing account
• C. G/L account defined in real-time-integration CO-FI Zero-balance clearing account
• D. G/L account defined in real-time-integration CO-FI Original cost account

Answer: A

 

NEW QUESTION 94
......

Valid P_S4FIN_1909 Exam Updates - 2021 Study Guide: https://www.examstorrent.com/P_S4FIN_1909-exam-dumps-torrent.html