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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

A) It allows cross template maintenance.
B) It covers multiple companies with same or similar tasks.
C) It allows cross task list monitoring of task status.
D) It allows cross task list execution of tasks.

2. Where do you assign the group chart of accounts?

A) Operating chart of accounts
B) Company code
C) General ledger account
D) Company

3. You have made an agreement with a customer to guarantee an amount of EUR 10000.
What is the result of recording this guarantee in SAP S/4HANA?

A) One statistical line item
B) One noted item
C) Two noted items
D) Two statistical line items

4. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

A) Actual inventory method
B) Cycle counting method
C) Stard inventory method
D) Periodic inventory method
E) Continuous inventory method

5. What are the 3 matory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question.

A) Schedule the dunning run
B) Start the dunning printout
C) Maintain the parameters of the dunning program
D) Change the dunning proposal
E) Approve the dunning proposal

Solutions: