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SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Sample Questions:

1. Why do you perform realignment in Profitability Analysis (CO-PA)?

A) To correct exchange rate valuation
B) To adjust derived values fields
C) To correct posted general ledger accounts
D) To adjust assigned characteristics

2. You reviewed the project scope and identified the corresponding resources. Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note: There are 2 correct answers to this question.

A) Conduct the Digital Discovery Assessment to identify fits and gaps.
B) Define the organizational structure and chart of accounts
C) Conduct the Fit-to-Standard analysis to identify fits and gaps.
D) Use the Quality system to demonstrate SAP Best Practices processes.

3. Which types of datasets are required for predictive scenarios? (Choose two.)

A) Application Dataset (output)
B) Testing Dataset
C) Active Dataset
D) Training Dataset

4. For which activity do you use SAP S/4HANA Cloud for Credit Integration? Note: There are 2 correct answers to this question.

A) Notify an external credit agency about outstanding customer payments
B) Supplement internal customer data to better monitor a customer's credit risk
C) Calculate a customer's real-time credit limit based on a manual credit rating
D) Import customer credit ratings from external credit rating agencies

5. Which of the following fields is maintained on the general data segment of the customer businesspartner?

A) House bank
B) Bank key
C) Lockbox
D) Payment method supplement

Solutions: