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

1. Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?

A) SAP Bank Analyzer
B) SAP Cash Application
C) SAP RealSpend
D) SAP Multi-Bank Connectivity

2. Which substitution types can you configure for journal entry substitution rules? (Choose three.)

A) Substitute with field value
B) Substitute with formula value
C) Clear field value
D) Substitute with constant value
E) Substitute with previous value

3. Which activity do you perform during the data load preparation?

A) Fill in migration templates with legacy data
B) Resolve data issues from the simulation process
C) Simulate data load in the new cloud system
D) Define specifications for data extraction on legacy system

4. Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? (Choose two.)

A) Set the reconciliation status open in the Cash Flow Analyzer
B) Perform the required settings for importing bank statements
C) Activate intraday memo records at the bank account level
D) Define the tolerance groups for cash flow reconciliation

5. After approving a journal entry as a processor, you see the system has marked the posting as failed.
How do you resolve this?

A) Ask the requester to correct the journal entry and resubmit it
B) Correct the indicated errors in the original entry and post it
C) Ask the requester to create a new entry with the correct data and resubmit it
D) Create a new journal entry with the correct data and post it

Solutions: