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

1. What is the prerequisite for a G/L account to switch off open item management for it?

A) It has no open items.
B) It has a zero balance.
C) It has been blocked against postings.
D) It has not been posted to.

2. What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

A) It supports application development integration.
B) It helps customers to collaborate to build flexible value chains.
C) It supports customers in understing their stakeholder's needs.
D) It provides data management analytics.

3. You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

A) It covers multiple companies with same or similar tasks.
B) It allows cross template maintenance.
C) It allows cross task list execution of tasks.
D) It allows cross task list monitoring of task status.

4. Where can you see the matching results from the Intercompany Matching Reconciliation tool?

A) In an application specific table (ICADOCM)
B) In the Universal Journal table (ACDOCA)
C) In the Accounting Document Segment table (BSEG)
D) In the Consolidation Journal table (ACDOCU)

5. You are entering a credit memo in Financial Accounting are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.

A) The field "Reference" of the credit memo is blank.
B) The credit memo was created without reference to an invoice.
C) The credit memo was entered in Financial Accounting.
D) The due date determined based on the entered payment terms is in the past.

Solutions: