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

1. Which of the following can you use to explore released APIs?

A) SAP Application Interface Framework
B) SAP Business Accelerator Hub
C) SAP Integration Suite

2. Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A) Profitability segments
B) Document splitting
C) Segments
D) Business areas
E) Profit centers

3. You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?

A) Individual supplier accounts with special G/L indicator
B) Adjustment G/L account for foreign currency
C) Alternative reconciliation G/L account
D) Supplier reconciliation G/L account

4. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

A) The start end date of posting periods
B) The number of posting periods
C) The authorization to post to special periods
D) The posting periods open for posting

5. Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A) Posts to G/L periodically
B) Does not post to G/L
C) Posts APC real time depreciation periodically
D) Posts to G/L in real time

Solutions: