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

1. Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

A) Profit center
B) Functional area
C) Segment
D) Business area

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

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

3. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

A) Actual inventory method
B) Cycle counting method
C) Stard inventory method
D) Periodic inventory method
E) Continuous inventory method

4. How does the system determine the relevant accounting principle when performing foreign currency valuation?

A) Via the valuation area
B) Via the valuation method
C) Via the valuation type
D) Via the valuation class

5. You try to assign an alternative account to a G/L account but receive an error message.
What can be the reason?

A) The alternative account has not been created for the company code.
B) You have not assigned the alternative chart of accounts to your operational chart of accounts.
C) You have not assigned the alternative chart of accounts to your company.
D) The alternative account is already assigned to another G/L account for the company code.

Solutions: