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

1. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

A) Line item valuation for balance sheet accounts defined as open item management
B) Line item valuation for balance sheet accounts not defined as reconciliation account
C) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
D) Balance valuation on items for balance sheet accounts not defined as open item management

2. Which model can be used for ABAP cloud-native development?

A) The ABAP Cloud Development Model
B) The SAP S/4HANA Cloud Extensibility Model
C) ABAP RESTful Application Programming Model

3. You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.

A) You selected account group assignment by balance for an account it is displayed as a liability.
B) You have accounts that you have not assigned in the financial statement version.
C) You have added an account to the liabilities node that belongs to the financial statement notes.
D) You have added an account to the wrong node it is included in the assets section.

4. The 3-way match is the stard procedure used to post procurement transactions in SAP S/4HAN How does it work?

A) The goods receipt needs to be created in reference to the purchase order.
B) The purchase order needs to be created in reference to a purchase request.
C) The 3 logistical steps each generate financial documents.
D) The invoice needs to be created in reference to the goods receipt.

5. At which levels can the print program its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

A) System
B) Client
C) Company
D) Company code

Solutions: