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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date?
Choose the correct answers.
Response:

A) Check to see if the goods were delivered by the key date, but have not yet been invoiced.
B) Check to see if the goods were produced by the key date, but have not been invoiced.
C) Check to see if the goods were ordered by the key date, but have not been received.
D) Check to see if the goods were invoiced by the key date, but have not yet been delivered.

2. Which of the following methods does the depreciation key define?
Choose the correct answers.
Response:

A) Period control method
B) Multilevel method
C) Base method
D) Asset sheet valuation method

3. True or False: The special G/L indicator is the only way to post to a customer or supplier using a different reconciliation account.

A) False
B) True

4. Which of the following is a difference between data aging and data archiving?

A) Data aging allows you to retrieve the aged data for analysis.
B) Data aging frees up memory space.
C) Data archiving removes data from the database.
D) Data archiving has advanced logging capabilities.

5. Which currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Response:

A) Material Ledger Currency
B) Transaction Currency
C) Group Currency
D) Local Currency

Solutions: