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| Section | Objectives |
|---|---|
| Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition | - Asset Accounting
|
Question 1
Where do you assign the currency type?
A. Ledger
B. Valuation area
C. Accounting principle
D. Company
Question 2
What does the fiscal year variant define? Note: There are 2 correct answers to this question.
A. The authorization to post to special periods
B. The number of posting periods
C. The posting periods open for posting
D. The start end date of posting periods
Question 3
What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.
A. Determine the exchange rate type
B. Define the posting reversal date for the valuation posting
C. Define the valuation procedure
D. Determine the G/L accounts for the valuation posting
E. Define the document type for the valuation posting
Question 4
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?
A. Business area
B. Profit center
C. Segment
D. Functional area
Question 5
What is the prerequisite for a G/L account to switch off open item management for it?
A. It has been blocked against postings.
B. It has no open items.
C. It has not been posted to.
D. It has a zero balance.
Solutions:
| Question 1 Answer: A | Question 2 Answer: B,D | Question 3 Answer: A,C,E | Question 4 Answer: D | Question 5 Answer: B |
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