Can P_S4FIN_2023 Exam Dumps Actually Boost Your SAP Certification Score?

1. SAP P_S4FIN_2023 SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP QUESTION & ANSWERS Visit Now: https://www.sapcertificationdumps.com/

2. QUESTION: 1 What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution? Option A : Faster innovation cycles Option B : Fuller integration to external systems Option C : Cloud platform compatibility Option D : Support for all industries Correct Answer: A Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 2 Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question. Option A : Classic Credit Management Option B : Cash Management Option C : Accrual Engine Option D : Special Purpose Ledger Option E : Costing-based CO-PA Correct Answer: A,D QUESTION: 3 Your customer is implementing a new installation of SAP S/4HANA. Which of the following technical components must be installed? Option A : SAP Business Planning and Consolidation for SAP S/4HANA Option B : SAP S/4HANA, embedded Business Warehouse Option C : SAP NetWeaver Application Server Option D : SAP Fiori for SAP S/4HANA Correct Answer: C Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 4 What system configuration in your customers current SAP ERP system will have a major effect on theduration and complexity of the system conversion to S/4HANA? Option A : The customers uses the accounts approach for parallel accounting. Option B : The system uses classic asset account to manage fixed assets

3. Option C : The system has document splitting activated for all company codes Option D : The customer does NOT use business partners to manage customers and suppliers Correct Answer: B QUESTION: 5 Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion. NOTE: There are 3 correct answers to this question. Option A : Authority check Option B : Custom code check Option C : Simplification item check Option D : SAP readiness check Option E : Global performance analysis Correct Answer: A,D Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 6 In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question. Option A : Accruals Option B : Currency valuation Option C : Taxes Option D : Depreciation Option E : Payments Correct Answer: A,B,D QUESTION: 7 What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question Option A : Actual revenue Option B : Standard cost of goods sold Option C : Incoming sales orders Option D : Actual cost component splits of goods sold Correct Answer: A,D

4. QUESTION: 8 In which sequence do you create the objects required for the SAP financial closing cockpit? Option A : 1.Create task group 2.Create task lists 3 Create tasks 4.Release task lists Option B : 1.Define closing periods 2.Create task lists 3.Release task lists 4.Release closing periods Option C : 1.Define task levels 2.Create task group 3.Release task levels 4.Release task group Option D : 1.Create template 2.Create tasks 3.Create task lists 4.Release task lists Correct Answer: A Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 9 What function is delivered with business function EA-FIN to support SAP S/4HANA? Option A : Parallel depreciation areas Option B : Parallel ledgers Option C : Special valuations Option D : New Depreciation Engine Correct Answer: D QUESTION: 10 What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

5. Option A : The system does NOT use material ledger for actual costing. Option B : The system uses classic asset accounting to manage fixed assets. Option C : The customer does NOT use business partners to manage customers and suppliers Option D : The customer uses the accounts approach for parallel accounting Correct Answer: B Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 11 Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question. Option A : Top down distribution in margin analysis Option B : FI posting of primary costs to production order Option C : Stock material consumption on project Option D : Internal activity allocation to sales order Correct Answer: A,B QUESTION: 12 Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLTO. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs? Option A : The entries of the table are converted into column store Option B : The content of the table is deleted and compatibility view is generated Option C : The balances of the table are posted as additional line items in the universal journal. Option D : The table is treated as a transient provider using BW query functionality Correct Answer: B Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 13 Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables? Note: There are 2 correct answers to this question Option A : ACDOCP derives data from ACDOCA. Option B : ACDOCP is an isolated table. Option C : ACDOCP is a table with delta mechanism. Option D : ACDOCP is a cluster table.

6. Correct Answer: B,C QUESTION: 14 Which data is converted during an SAP S/4HANA standard conversion? Option A : Only company codes and years selected in the customizing for migration Option B : Only company codes selected in the customizing for migration for all the years Option C : All company codes for the years you specify Option D : All company codes with all data of all years Correct Answer: D Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 15 You define an additional extension ledger. What type of ledger can you assign as underlying ledger? Option A : Standard ledger Option B : Material ledger Option C : Special ledger Option D : Reconciliation ledger Correct Answer: A QUESTION: 16 In an SAP S/4HANA system, which of the following features is mandatory? Option A : Material ledger Option B : Parallel ledgers Option C : Actual costing Option D : Margin analysis Correct Answer: A QUESTION: 17

7. What setting must be identical between the company code and controlling area? Option A : The number of special periods Option B : The number of postings and special periods Option C : The fiscal year variant key Option D : The number of posting periods Correct Answer: D QUESTION: 18 You select the configuration option Set Migration to complete in the conversion of Accounting to SAPS/4HANA.What does this mean?There are 3 correct answers to this question Option A : All error messages have been accepted Option B : The previous year can be reopened Option C : Customizing is consistent Option D : All views are generated successfully Option E : Migration for logistics can begin Correct Answer: A,C,D Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions QUESTION: 19 In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question. Option A : Between two profit centres Option B : Between two accounting principles Option C : Between two plants Option D : Between two company codes Correct Answer: B,C QUESTION: 20

8. What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question. Option A : Reconciliation for entities in asset accounting is NOT included. Option B : Archived data CANNOT be enriched with the new currency. Option C : New currency fields are NOT updated for existing data. Option D : Calculated values are NOT added to the ACDOCA. Correct Answer: A,B Download all Questions: https://www.sapcertificationdumps.com/P_S4FIN_2023-exam-questions

9. QUESTION: 21 Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs? Option A : The table GLTO has been removed and replaced by a compatibility view. Option B : The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view. Option C : The table GLTO has been kept but a compatibility view has been generated to read its content. Option D : The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view. Correct Answer: A QUESTION: 22 Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, 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. Option A : The client role is set to test in the client maintenance. Option B : This is a new feature in SAP S/4HANA as proof of change. Option C : The migration is NOT set to complete. Option D : The authorization to save the posting periods is missing Correct Answer: A