Get 100% Authentic SAP P-S4FIN-2021 Dumps with Correct Answers
New Training Course P-S4FIN-2021 Tutorial Preparation Guide
SAP P_S4FIN_2021 exam is a comprehensive evaluation of the candidate's skills and knowledge in SAP S/4HANA finance. P-S4FIN-2021 exam covers a wide range of topics, including financial accounting principles and processes, management accounting, financial supply chain management, and treasury management. P-S4FIN-2021 exam is divided into two parts: the first part consists of multiple-choice questions, and the second part requires the candidate to complete a series of hands-on exercises. Upon successful completion of the exam, the candidate will be awarded the Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification. Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification is recognized globally and is a valuable credential for professionals seeking to advance their career in SAP finance.
NEW QUESTION # 48
Which values are stored in the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.
- A. Parallel currencies
- B. Elimination of intercompany postings
- C. Actual costing results
- D. Transfer prices
Answer: A,D
NEW QUESTION # 49
Which fields do you maintain when defining the source ledger for migration of balances? There are 2 correct answer to this question.
- A. Period
- B. Source table
- C. Company Code
- D. Year
Answer: C,D
NEW QUESTION # 50
What processes do you perform as part of liquidity management? Note: There are 3 correct answers to this question.
- A. Review credit standing
- B. Post credit memos
- C. Forecast balances
- D. Perform planning
- E. Monitor cash flow
Answer: C,D,E
NEW QUESTION # 51
Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA.
What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question
- A. Implementation of additional document splitting
- B. Implementation of additional ledgers for parallel accounting
- C. Implementation of chart of account conversion
- D. Implementation of additional currency type
Answer: A,D
NEW QUESTION # 52
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.
- A. Standard cost of goods sold
- B. Actual revenue
- C. Actual cost of goods sold
- D. Incoming sales orders
Answer: B,C
NEW QUESTION # 53
Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion. NOTE: There are 3 correct answers to this question.
- A. Authority check
- B. Simplification item check
- C. SAP readiness check
- D. Custom code check
- E. Global performance analysis
Answer: B,D,E
NEW QUESTION # 54
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.
- A. Accounting principle
- B. Valuation Area
- C. Document type
- D. Currency type
Answer: A,B
NEW QUESTION # 55
You start your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answer to this question.
- A. Errors must be clarified, and uncritical errors can be ignored
- B. All errors related to closed years can be ignored.
- C. Critical errors must be resolved in the production system before Go Live.
- D. All errors must be corrected during migration to complete it.
Answer: C,D
NEW QUESTION # 56
Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?
- A. Additional standard ledger
- B. Additional parallel currency
- C. Margin analysis
- D. Document splitting
Answer: B
NEW QUESTION # 57
In the standard delivery system, what is the maximum of components you can use for the primary
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
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 utilizes separate amount columns in the same ledger.
- B. It will NOT have any valuation view assigned to the ledger.
- C. It requires a non-leading ledger for parallel valuations.
- D. It is available only for new installations.
Answer: A,B
NEW QUESTION # 59
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.
- A. Historical data will be enriched with characteristics by derivation
- B. Characteristics will be added to universal journal
- C. Value fields will be added to the universal Journal
- D. Cost based CO-PA can still be used in parallel
- E. Cost component split (COGS) can be configured in financial accounting
Answer: B,D,E
NEW QUESTION # 60
What can you do in the extension ledgers configuration? Please choose the correct answer.
- A. You can assign a freely defined currency to an extension ledger.
- B. You can link an accounting principle to a ledger group that contains an extension ledger.
- C. You can manually create a new ledger group that contains an extension ledger.
- D. You can create an extension ledger for which the underlying ledger is an extension ledger.
Answer: B
NEW QUESTION # 61
You create a G/L account and set the cost element category to 42 (assessment).In what table isthe cost element category updated?
- A. SKB1
- B. CSKB
- C. SKA1
- D. CSKA
Answer: B
NEW QUESTION # 62
What are the data sources for cash management in SAP S/4HANA? There are 3 correct answers to this question.
- A. Memo records
- B. Sales order records
- C. Price records
- D. Consolidation records
- E. Purchase order records
Answer: A,B,E
NEW QUESTION # 63
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SAP P-S4FIN-2021 exam consists of 80 multiple-choice questions that you need to complete in 180 minutes. The passing score for P-S4FIN-2021 exam is 68%. P-S4FIN-2021 exam fee may vary depending on your location and currency. You can take the exam at any SAP Authorized Training Center or through the SAP Learning Hub.
Dumps of P-S4FIN-2021 Cover all the requirements of the Real Exam: https://prep4sure.pdf4test.com/P-S4FIN-2021-actual-dumps.html
