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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?

A) Cash flow transaction
B) Deposit at notice
C) Commercial paper
D) Bilateral facility

2. Your company is engaged in foreign commerce. As the buyer of goods you are applying for which instrument to secure the transaction?

A) Bank Guarantee
B) Commerical Paper
C) Letter of Credit
D) Zero-Coupon Bond

3. You have created a new bank account and saved it with status "Inactive". What action can you perform on the account? Note: There are 2 correct Answers to this question.

A) Delete the Bank Account
B) Activate the Bank Account
C) Revert to Active
D) Close the Bank Account

4. What are maintenance functions of the financial statement version (FSV) with the "Manage Global Hierarchies" app? Note: There are 2 correct Answers to this question.

A) Assign semantic objects
B) Create G/L account master data
C) Create draft hierarchy versions
D) Assign profit centers

5. Which of the following postings update the ACDOCA universal journal table? Note: There are 2 correct Answers to this question.

A) Enter statistical key figure values
B) Commitment values from purchase order
C) Posting to statistical project
D) Plan cost center allocation

Solutions: