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

1. Which of the following objects is only a statistical account assignment for cost postings to an asset?

A) Profit center
B) Internal order
C) WBS element
D) Cost center

2. SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

A) Plan depreciation amounts
B) Secondary costs resulting from an assessment
C) Primary costs resulting from a distribution
D) Intercompany postings
E) Budgeted costs for a cost center

3. Which of the following can you use to explore released APIs?

A) SAP Business Accelerator Hub
B) SAP Integration Suite
C) SAP Application Interface Framework

4. You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting. What is the cause of the error?

A) You have not posted depreciation completely.
B) You have not run the settlement for your assets under construction.
C) You have not closed the previous fiscal year.
D) You have incomplete asset master records.

5. Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A) Profit centers
B) Business areas
C) Segments
D) Profitability segments
E) Document splitting

Solutions: