[Oct 11, 2024] 100% Pass Guarantee for P-S4FIN-2023 Dumps with Actual Exam Questions
Today Updated P-S4FIN-2023 Exam Dumps Actual Questions
SAP P-S4FIN-2023 Exam Syllabus Topics:
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NEW QUESTION # 13
Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.
- A. Special Purpose Ledger
- B. Costing-based CO-PA
- C. Classic Credit Management
- D. Accrual Engine
- E. Cash Management
Answer: A,B,C
NEW QUESTION # 14
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Accounting principle
- B. Document type
- C. Valuation area
- D. Currency type
Answer: A,C
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 15
You want to convert your system from an account solution into a ledger solution without a prior New G/L migration project.
Which scenario can be used? Note: There are 2 correct answers to this question.
- A. Chart of Accounts Conversion
- B. Selective Data Transition
- C. New implementation
- D. SAP Standard Conversion
Answer: A,D
NEW QUESTION # 16
You are converting your system to SAP S/4HANA.
Which functionality became obsolete in SAP S/4HANA in Asset Accounting and needs to be migrated before conversion?
- A. Non-posting depreciation areas
- B. Depreciation areas for parallel currencies
- C. Year-end closing
- D. Insurance values in the asset master records
Answer: D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 17
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.
- A. Configure delta depreciation areas to no longer post to the general ledger
- B. Convert all accounts of parallel valuations to reconciliation accounts
- C. Define the document type for the accounting-principle-specific documents.
- D. Assign accounting principles to all real and derived depreciation areas.
Answer: B,D
NEW QUESTION # 18
What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question
- A. Reduced number of steps in the calculation cockpit
- B. Selection of activity prices of other CO-versions in the standard run
- C. Simplified data structure with new table structure
- D. Combined run for both standard and alternative valuations
Answer: A
NEW QUESTION # 19
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answers to this question.
- A. Critical errors must be resolved in the production system before Go Live.
- B. All errors from the previous 2 fiscal years have to be corrected.
- C. Errors must be clarified, and uncritical errors can be accepted.
- D. All errors must be corrected before SUM (Software Update Manager) starts.
Answer: A,D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 20
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Private cloud
- B. On premise
- C. Public cloud
- D. Central finance
Answer: B
NEW QUESTION # 21
Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?
- A. Record types
- B. Payment methods
- C. Payment terms
- D. Memo records
Answer: B
NEW QUESTION # 22
You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question
- A. A settlement profile to control the settlement of cost portions
- B. A collection of primary cost elements to receive the cost portions
- C. An extension ledger with type "Line items with technical numbers"
- D. A cost splitting profile in general ledger accounting
Answer: B,D
NEW QUESTION # 23
You post an asset acquisition with a purchase order. How is the asset acquisition value posted?
- A. Valuated acquisition is posted at settlement
- B. Valuated acquisition is posted at invoice receipt.
- C. Non-valuated acquisition is posted at invoice receipt.
- D. Non-valuated acquisition is posted at goods receipt-
Answer: C
NEW QUESTION # 24
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 25
What is the maximum number of custom currency types that you can report on for a ledger?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 26
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.
- A. Between two storage locations
- B. Between two company codes
- C. Between two accounting principles
- D. Between two profit centers
Answer: B,D
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 27
Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard conversion.Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. You must use the accounts approach to parallel valuation.
- B. You cannot configure and activate document splitting during conversion.
- C. You must continue to use Special Purpose Ledger for preparation for consolidation.
- D. You must configure profit center and segment accounting.
- E. You must define valuation areas for foreign currency valuation.
Answer: B,C,D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 28
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.
- A. Define depreciation areas for all currency types.
- B. Define a technical clearing account for integrated acquisitions.
- C. Close all fiscal years except the current one.
- D. Assign accounting principles to all depreciation areas.
- E. Activate enterprise extension EA-FIN.
Answer: A,C,E
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 29
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.
- A. All errors related to closed years can be ignored.
- B. Critical errors must be resolved in the production system before Go Live.
- C. Errors must be clarified, and uncritical errors can be accepted
- D. All errors must be corrected before SUM (Software Update Manager)starts.
Answer: B,D
NEW QUESTION # 30
In your system you have multiple standard ledgers.
Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.
- A. Currency valuation
- B. Accruals
- C. Taxes
- D. Payments
- E. Depreciation
Answer: A,B,E
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 31
On what level can you assign a fiscal year variant to a company code?
- A. Ledger, for standard ledger type
- B. Ledger, for any type of ledger
- C. Ledger group, for standard ledger type
- D. Ledger group, for any type of ledger
Answer: B
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 32
Which data is converted during an SAP S/4HANA standard conversion?
- A. Only company codes selected in the customizing for migration for all the years
- B. All company codes for the years you specify
- C. Only company codes and years selected in the customizing for migration
- D. All company codes with all data of all years
Answer: D
NEW QUESTION # 33
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