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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. Identify the steps performed during the general ledger closing operations for the fiscal year.
Choose the correct answers.
Response:

A) Vendor invoices are posted.
B) The balance carry forward program is run.
C) Foreign currency documents are valuated.
D) Accruals are carried out.

2. How many custom currency types can you assign to a company code/ledger combination?

A) 8
B) 6
C) 10
D) 12

3. What are the basic definitions you make for validations? (There are three correct answers.)

A) Prerequisite
B) Check
C) Rule
D) Set
E) Message

4. On what basis does the system determine the period for the asset retirement?
Response:

A) Net book value
B) Asset value date (asset retirement date)

5. Which of the following options are included in the Asset Explorer?
Choose the correct answers.
Response:

A) Drill down to reports.
B) Drill down to Financial Accounting (FI) document.
C) Display depreciation calculation.
D) Post documents.

Solutions: