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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answers to this question.

A) The segment is automatically updated in existing asset master data.
B) The segment appears in the additional account assignment configuration.
C) The segment appears in the screen layout for asset master data.
D) The segment activation can be reversed.

2. You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.

A) Posting period variant
B) Source currency for group currency
C) Fiscal year variant
D) Operating chart of accounts

3. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A) 01
B) 10
C) 05
D) 15

4. Your company based in France has a permanent establishment in Switzerl where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerl?

A) Profit center
B) Company code
C) Segment
D) Business area

5. What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A) It must be defined as a cost accounting valuation area type.
B) It cannot take over values from other areas.
C) It must always post in real time.
D) It must be linked to leading ledger OL.

Solutions: