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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q66-Q71):
NEW QUESTION # 66
Which date determines the period of the asset acquisition?
- A. Posting date
- B. Base date
- C. Asset value date
- D. Document date
Answer: C
Explanation:
Comprehensive and Detailed in Depth Explanation:
In SAP S/4HANA Cloud Asset Accounting, the asset value date controls capitalization timing.
C: Correct. Asset value date determines the period for acquisition posting and depreciation start.
A, B, D: Incorrect. These dates serve other purposes (e.g., document entry).
NEW QUESTION # 67
What is the role of the valuation method in the foreign currency valuation of accounts payable?
Note: There are 3 correct answers to this question.
- A. Define the exchange rate type
- B. Determine the G/L accounts for the valuation posting
- C. Define the posting and reversal date for the valuation posting
- D. Define the document type for the valuation posting
- E. Define the valuation procedure
Answer: A,B,E
Explanation:
Comprehensive and Detailed in Depth Explanation:
Valuation methods in SAP S/4HANA Cloud (e.g., via "Foreign Currency Valuation" app) configure AP revaluation.
C: Correct. It sets the procedure (e.g., lowest value principle).
D: Correct. Exchange rate type (e.g., M) is specified.
E: Correct. G/L accounts for gains/losses are determined.
A, B: Incorrect. These are set in the valuation run, not the method.
NEW QUESTION # 68
Which editing options are available in the dunning proposal list?
Note: There are 3 correct answers to this question.
- A. Edit dunning blocks at line item level
- B. Change the dunning level of an open item
- C. Editing the dunning texts
- D. Edit dunning blocks at account level
- E. Change the dunning charges
Answer: A,D,E
Explanation:
Comprehensive and Detailed in Depth Explanation:
The dunning proposal list in SAP S/4HANA Cloud (accessed via the "Manage Dunning" app) allows users to adjust dunning notices before they are finalized.
Option A (Change the dunning charges): Correct. Users can modify dunning fees/charges in the proposal to reflect specific agreements or policies.
Option C (Edit dunning blocks at account level): Correct. Dunning blocks can be set or removed at the customer account level to prevent or allow dunning.
Option D (Edit dunning blocks at line item level): Correct. Blocks can also be adjusted for specific open items, offering granular control.
Option B (Editing the dunning texts): Incorrect. Dunning texts are predefined in configuration (e.g., via "Define Dunning Procedure") and cannot be freely edited in the proposal list.
Option E (Change the dunning level of an open item): Incorrect. Dunning levels are system-calculated based on overdue days and the dunning procedure, not manually editable in the proposal.
NEW QUESTION # 69
Which asset accounting-relevant postings are made periodically, typically at the end of the month?
Note: There are 2 correct answers to this question.
- A. Settlement of the WBS element
- B. Depreciation posting
- C. Post asset acquisition via clearing account
- D. Post transfer
Answer: A,B
Explanation:
Comprehensive and Detailed in Depth Explanation:
Periodic postings in SAP S/4HANA Cloud Asset Accounting occur at period-end.
B: Correct. WBS settlement to AUC or final assets is typically monthly.
C: Correct. Depreciation is posted periodically (e.g., via "Depreciation Run" app).
A, D: Incorrect. Transfers and acquisitions are event-driven, not periodic.
NEW QUESTION # 70
Where do you find industry cloud solutions to address a customer's unique requirement?
- A. SAP Business Technology Platform
- B. SAP Discovery Center
- C. SAP Signavio Process Navigator
- D. SAP Store
Answer: D
Explanation:
Comprehensive and Detailed in Depth Explanation:
Industry cloud solutions are available via SAP's marketplace.
B: Correct. SAP Store offers industry-specific solutions.
A, C, D: Incorrect. These provide info or tools, not solutions directly.
NEW QUESTION # 71
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