Cert 14 Flashcards
(20 cards)
- Which field in the business partner master can you configure so that the document reference is transferred to the line item
a. SORT key
- You post a purchase order. For which expenses does the system calculate accruals (2)
a. INSURANCE premiums
b. CONSULTING services
- Your SAP S/4HANA system is integrated with controlling. You perform cost of sales accounting, and you report your profit and loss per profit center. When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures?
COST CENTER
- You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system
a. Define two valuation METHODS and assign the accounting PRINCIPLES to the new valuation methods
- What data do you maintain in the chart of accounts sections of a General Ledger account
a. CONSOLIDATION data
- You are configuring accrual types for the accrual engine. For which postings is account determination required (2)
a. OPEN posting only
b. PERIODIC only
- The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false
TRUE
- How does the SAP HANA architecture improve SAP S/4HANA system performance
a. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at RUNTIME
- Which of the following is a technical year-end closing activity in SAP S/4HANA
a. LEDGER balances must be carried forward
- Identify the application areas where validations and substitutions can be used(3)
a. FI
b. CO
c. AA
- Which of the following are SAP Fiori design principles
a. Role-based
b. Responsive
- Which transactions lead to asset capitalization(3)
a. VALUATED goods receipt
b. INTERCOMPANY transfer
c. ASSTES under construction settlement
- Which elements define the integration of asset acquisitions to the general ledger (2)
a. ASSET class
b. Depreciation AREA
- When you post a payment for an invoice, how does the system derive the splitting characteristics
a. PASSIVE document splitting
- How many intervals are defined for the foreign currency valuation run ID per client
1
- How can you define a matching method for intercompany reconciliation
a. It can be defined as MASTER DATA or as CONFIGURATION
- Which of the following account assignments can you configure the system to create complete balance sheet reports for(3)
a. SEGMENT
b. company CODE
c. PROFIT CENTER
- You’d like to set up low value asset (LVA) management. What do you need to do
a. DEFINE TWO separate asset classes to manager LVA using individual or collective management
- Which process is automated with purchase order accruals, compared to manual accruals with the accrual engine
a. CREATE ACCRUAL object
- You want to configure the tax calculation procedures. What are the main elements you need to define(3)
a. SEQUENCE of steps
b. ACCOUNT or transaction key
c. CONDITION type
