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

1. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

A) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
B) Line item valuation for balance sheet accounts defined as open item management
C) Line item valuation for balance sheet accounts not defined as reconciliation account
D) Balance valuation on items for balance sheet accounts not defined as open item management

2. You want to implement purchase order accruals in SAP S/4HAN
Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

A) Purchase of consumable materials
B) Purchase of raw materials for inventory
C) Purchase of services
D) Purchase of fixed assets (using direct capitalization method)

3. In which scenarios is the technical clearing account posted? Note: There are 2 correct answers to this question.

A) Asset transfer posting between asset classes
B) Settlement of an investment order to an asset under construction
C) Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)
D) Valuated goods receipt on a purchase order with an asset as account assignment

4. The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.

A) Travel
B) Sales
C) Procurement
D) Human Capital Management
E) Contingent Workforce

5. Which of the following objects is only a statistical account assignment for cost postings to an asset?

A) Internal order
B) Profit center
C) WBS element
D) Cost center

Solutions: