P_S4FIN_1610 Online Practice Questions and Answers

In which sequence do you create the objects required for the SAP financial closing cockpit? Response:

A. 1. Create task group

2. Create task lists 3 Create tasks

4. Release task lists

B. 1. Create template

2.

Create tasks

3.

Create task lists

4.

Release task lists

C. 1. Define closing periods

2.

Create task lists

3.

Release task lists

4.

Release closing periods

D. 1. Define task levels

2.

Create task group

3.

Release task levels

4.

Release task group

Your system currently does NOT use business partners (BP). The master data for suppliers and vendors

and the defined account groups are NOT connected and are handled by separate departments.

When preparing for integration, what do you have to create?

Response:

A. Create a BP type for each industry category in the customer/vendor accounts.

B. Create a BP role for each customer and vendor account group.

C. Create a BP category for each legal form maintained for customers/vendors.

D. Create a BP grouping for each customer and vendor account group.

What does an administrator need to do in the SAP Fiori Gateway server in order to launch a native SAP

Fiori application from the SAP Fiori Launchpad?

Note: There are 2 correct answers to this question.

Response:

A. Activate the SAP Screen Personas flavor for the app.

B. Assign the SAP Fiori tile group to a role relevant for the user.

C. Assign the SAP Fiori tile catalog to a role relevant for the user.

D. Activate the OData service relevant for the app.

What are your options for activating actual costing during the productive startup of the material ledger in s/4HANA?

Response:

A. Actual costing is optional. If you do NOT activate it, you can activate it later.

B. Actual costing is obligatory and is activated by default for all valuation areas.

C. Actual costing is obligatory and is activated by default for selected valuation areas.

D. Actual costing is optional. If you do NOT activate it, you CANNOT activate it afterward.

Your customer upgraded a system to SAP S/4HANA for test reasons. You receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request.

What is the reason?

Please choose the correct answer.

Response:

A. The migration is NOT set to complete.

B. The client role is set to test in the client maintenance.

C. This is a new feature in SAP S/4HANA as proof of change.

D. The authorization to save the posting periods is missing.

You post a customer invoice from Sales and Distribution in SAP S/41HANA, but the system teminates the

transaction. With the error message "Maximum number of these items In Fi reached".

What do you need to configure in customizing in order to post this invoice successfully?

Response:

A. Data aging for accounting documents

B. ACDOCA summarization

C. SAP HANA database partitioning

D. BSEG summarization

You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA.

Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and

return it to the standard planning tables?

Note: There are 2 correct.

Response:

A. To perform availability

B. To prepare for financial consolidation

C. To perform planning allocation

D. To use standard SAP GUI plan/actual reporting

You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation.

What are the critical steps for fixed assets?

Note: There are 3 correct answers to this question.

Response:

A. Update G/L accounts for the new depreciation area for the chart of depreciation.

B. Update the depredation key for the new depreciation area.

C. Manually recalculate depreciation for the new depreciation area.

D. Activate the new depreciation areas for asset classes under the chart of depreciation.

E. Activate the new depreciation areas for the individual assets for the respective company codes.

You compare the ACDOCA and BSEG tables and find that some Fl documents are NOT stored in the BSEG table. Which of the following financial accounting transactions creates entries only in the ACDOCA table?

Response:

A. Execute profit-center allocation

B. Post vendor invoice

C. Cash journal posting

D. Depreciation run

A business user entered the wrong password too many times and is locked out of the SAP Fiori

launchpad.

Where must the administrator unlock this user?

Response:

A. SAP Fiori launchpad designer

B. Front-end SAP Gateway server

C. SAP Smart Business

D. SAP S/4HANA back end