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

1. What do you configure for regrouping receivables payables?

A) Provision Method
B) Sort Method
C) Calculation Method
D) Valuation Method

2. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A) To trigger elimination of intercompany revenues & costs based on rules configured
B) To highlight solve intercompany data discrepancy triggering a workflow
C) To generate automatic posting to correct intercompany discrepancy
D) To generate automatic elimination of intercompany AR/AP balances

3. On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

A) Chart of depreciation
B) Client
C) Chart of accounts
D) Company code

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

5. Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

A) IDoc
B) OData
C) SOAP
D) RFC

Solutions: