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

1. You define the technical clearing account for Integrated Asset Acquisition in Customizing.
Which prerequisites must be met? Note: There are 2 correct answers to this question.

A) The account is defined in the account determination for each asset class.
B) The account is defined as a reconciliation account for fixed assets.
C) The account is defined as open item managed.
D) The account is a balance sheet account.

2. Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

A) 30 = Group currency
B) 00 = Document currency
C) 20 = Controlling area currency
D) 10 = Company code currency

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

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

4. What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

A) Establish release management.
B) Define roles responsibilities as part of a process transformation office.
C) Establish regular housekeeping tasks procedures.
D) Establish an organizational structure technical foundation transformation methodology for clean core.
E) Integrate clean core practices in the end-to-end value process chain.

5. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

A) The document type of the payment
B) The special G/L indicator for the down payment
C) The exclusion of disputed residual items from credit limit checks
D) The account where a residual item is posted
E) The type of payment notice sent to a customer

Solutions: