PART 8 SAP FI QUESTIONS

You can assign a financial statement version for each depreciation area so that you can display financial statement items in

• G/L report
• Transaction Report
• Asset reports
• BS Report

Asset class used to group type of assets. Select 2 correct function asset class

• Asset class are created at company code level
• Asset class must be assigned to chart of depreciation
• An asset class can be linked only to a single chart of depreciation
• Asset classes are created at client level

An essential function of account determination in the asset class is to establish a link between (2)

• asset master records, and their values
• define the allowed area for posting
• linked the G/L accounts to which the related values and depreciation are posted asset
• define the depreciation area to be posted in which asset report

Which of the following Special Items in the Financial Statement Version can be edited? Choose 3

• Assets
• Profit and loss results
• Liabilities and Equity
• Financial Statement Notes
• Accounts not assigned

Which field can you change on a posted invoice?

• Tax code
• Statistical internal order
• Special G/L indicator
• Baseline date

What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? (Choose two.)

• You want to deploy SAP S/4HANA Cloud.
• You want to clean up your system and use SAP Best Practices.
• You want to integrate the system into SAP Cloud Platform.
• You want to use document splitting for the General Ledger

Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?

• A down payment request is created as an FI noted item, which automatically generates an SD billing document.
• A down payment request is created as an FI noted item, which automatically generates an SD sales order.
• A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.
• A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item

"What are the maintenance levels of a screen layout rule for asset master data? Note: There are 3 correct answers to this question."

• Group asset
• Depreciation area
• Asset subnumber
• Asset class
• Main asset number

"You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed. What account does the system use to post the valuation differences?"

• Supplier reconciliation G/L account
• Adjustment G/L account for foreign currency
• Alternative reconciliation G/L account
• Individual supplier accounts with special G/L indicator

"You post a purchase order for which expenses does the system calculate accruals? Note: There are 2 correct answers to this question"

• Raw material purchases
• Consulting services
• Fixed Asset purchases
• Insurance premiums