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

1. How does the system determine the relevant accounting principle when performing foreign currency valuation?

A) Via the valuation area
B) Via the valuation class
C) Via the valuation type
D) Via the valuation method

2. Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

A) 00 = Document currency
B) 30 = Group currency
C) 60 = Global company currency
D) 10 = Company code currency
E) 40 = Hard currency

3. From which G/L account types are values shown in the profit loss (P&L) statement? Note: There are 3 correct answers to this question.

A) Non-operating Expense or Income
B) Cash Account
C) Balance Sheet Account
D) Primary Costs or Revenue
E) Secondary Costs

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

5. Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.

A) Business area
B) Profit center
C) Segment
D) Plant
E) Sales organization

Solutions: