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| Section | Objectives |
|---|---|
| Financial Accounting in SAP S/4HANA | - General Ledger Accounting
|
| Integration and System Configuration | - System Configuration Basics
|
| Financial Closing and Reporting | - Financial Reporting in S/4HANA
|
| Accounts Payable and Accounts Receivable | - Customer Accounting (AR)
|
1. Where is the billing document created? Please choose the correct answer.
A) Financial Accounting
B) Accounting
C) Materials Management
D) Sales and Distribution
2. When you post a payment for an invoice, how does the system derive the splitting characteristics? Please choose the correct answer.
A) Inheritance
B) Passive document splitting
C) Default assignment
D) Active document splitting
3. You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate?There are 3 correct answers to this question.
A) Fully depreciated fixed asset master records
B) Current year posted depreciation
C) Current year asset acquisition transactions
D) Accumulated depreciation per cost center
E) Closed year asset sale transactions
4. Which of the following are the different history sheet groups that each version of asset history sheets can contain? There are 3 correct answers to this question.
A) Imputed interest
B) Reposting
C) Book values at the end of the fiscal year
D) Acquisitions
5. The government announces that it plans to change the basic VAT tax percentage from 20% to 18%. What do you have to do in the system to comply? Please choose the correct answer.
A) Create new tax codes with the 18% percentage for input tax.
B) Create new tax codes with the 18% percentage for input and output tax.
C) Change the tax percentage for input and output tax codes to 18%.
D) Change the tax percentage for existing input tax codes to 18%.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B,C,E | Question # 4 Answer: B,C,D | Question # 5 Answer: B |
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