[Feb-2022] Download Real SAP P-S4FIN-2020 Exam Dumps Test Engine Exam Questions
New P-S4FIN-2020 exam dumps Use Updated SAP Exam
P-S4FIN-2020 Exam Certification Details:
| Exam: | 80 questions |
| Duration: | 180 mins |
| Languages: | English |
| Cut Score: | 60% |
NEW QUESTION 46
Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and more than 10 years' worth of dat a. What can you do in separate projects before the SAP S/4HANA conversion to reduce the complexity of your conversion project? Note: There are 2 correct answers to this question.
- A. Create a backup.
- B. Implement an archiving project.
- C. Adopt new Asset Accounting.
- D. Launch customer-vendor integration for the business partner.
Answer: A,B
NEW QUESTION 47
In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010.In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling area.
What is the effect in the system when you save this account? Please choose the correct answer.
- A. The cost element category is different in the two company codes
- B. The user is asked which category will be used in the future
- C. The cost element category in the account is also changed for company code 1010.
- D. This system brings up an error message and rejects the change
Answer: C
NEW QUESTION 48
What must you do before a Go Live migration in the productive client can be set to Complete in customizing? Note: There are 2 correct answers to this question.
- A. Apply small-scale live postings of the day-to-day business to check the system
- B. Transfer application indexes using data aging
- C. Finalize the before-and-after comparison of the financial reports with the business department
- D. Get approval of business department and project management.
Answer: A,B
NEW QUESTION 49
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.
- A. Configure data depreciation areas to no longer post to the general ledger.
- B. Assign accounting principles to all real and derived depreciation areas.
- C. Define the document type for the accounting-principle-specific-documents.
- D. Convert accounts of parallel valuations to asset reconciliation accounts.
Answer: B,D
NEW QUESTION 50
What restriction apply when a new currency is introduced for productive company codes and ledgers?
There are 2 correct answer to this question.
- A. Calculated values are NOT added to the ACDOCA.
- B. New currency fields are NOT updated for existing data.
- C. Archived data CANNOT be enriched with the new currency.
- D. Reconciliation for entities in asset accounting is NOT included.
Answer: C,D
NEW QUESTION 51
What can you do in the extension ledgers configuration? Please choose the correct answer.
- A. You can link an accounting principle to a ledger group that contains an extension ledger.
- B. You can create an extension ledger for which the underlying ledger is an extension ledger.
- C. You can assign a freely defined currency to an extension ledger.
- D. You can manually create a new ledger group that contains an extension ledger.
Answer: A
NEW QUESTION 52
Which fields do you maintain when defining the source ledger for migration of balances? There are 2 correct answer to this question.
- A. Company Code
- B. Year
- C. Source table
- D. Period
Answer: A,B
NEW QUESTION 53
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.
- A. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
- B. Because balance carryforward was performed automatically due to postings to the subledgers in the new year
- C. Because balance carryforward was performed for the leading ledger in general ledger
- D. Because balance carryforward was performed automatically when closing the previous year
Answer: C
NEW QUESTION 54
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.
- A. You can assign profit center, group and legal valuation to the same ledger
- B. You can assign additional valuation to special led er(FI-SL).
- C. You can assign additional valuation to the extension ledger
- D. You can assign each valuation to a separate ledger
Answer: A,D
NEW QUESTION 55
Which of the following front-end clients can you NOT use in the standard system for SAP Business Planning and Consolidation for SAP S/4HANA Finance? Please choose the correct answer.
- A. SAP GUI
- B. SAP BusinessObjects Analysis for Microsoft Office
- C. SAP Fiori
- D. SAP Business Client
Answer: A
NEW QUESTION 56
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On- premise SAP S/4HANA solution? Please choose the correct answer.
- A. Support for all industries
- B. Faster innovation cycles
- C. Fuller integration to external systems
- D. Cloud platform compatibility
Answer: D
NEW QUESTION 57
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user? Please choose the correct answer.
- A. Cloud multi-tenant
- B. On premise
- C. Cloud single-tenant
- D. Central finance
Answer: B
NEW QUESTION 58
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. It is available only for new installations.
- B. It will NOT have any valuation view assigned to the ledger.
- C. It requires a non-leading ledger for parallel valuations.
- D. It utilizes separate amount columns in the same ledger.
Answer: B,D
NEW QUESTION 59
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
- A. The data from previous years is archived.
- B. A clone of the productive system is used.
- C. SQL database commands are used to accelerate the migration
- D. Optimized data compression is used to minimize the data volume.
Answer: B
NEW QUESTION 60
You have integrated SAP Cash Application on the SAP Cloud Platform with your SAP S/4HANA system.
Which process does SAP Cash Application help you with?
- A. Monitoring bank risk
- B. Cash journal logging
- C. Cash flow reporting
- D. Bank statement processing
Answer: D
NEW QUESTION 61
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SAP P-S4FIN-2020 Exam Description:
The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2020)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application.
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