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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:
1. How does the system determine the relevant accounting principle when performing foreign currency valuation?
A) Via the valuation class
B) Via the valuation type
C) Via the valuation method
D) Via the valuation area
2. What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.
A) It supports customers in understing their stakeholder's needs.
B) It supports application development integration.
C) It helps customers to collaborate to build flexible value chains.
D) It provides data management analytics.
3. What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.
A) It cannot take over values from other areas.
B) It must be defined as a cost accounting valuation area type.
C) It must always post in real time.
D) It must be linked to leading ledger OL.
4. When defining a new stard ledger which action must you take to manually post a general journal entry to it?
A) Define the underlying ledger
B) Assign a chart of accounts to the ledger
C) Include the ledger in a ledger group
D) Assign the ledger to a company code
5. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.
A) Balance valuation on items for balance sheet accounts not defined as open item management
B) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
C) Line item valuation for balance sheet accounts not defined as reconciliation account
D) Line item valuation for balance sheet accounts defined as open item management
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,D | Question # 3 Answer: B,C | Question # 4 Answer: D | Question # 5 Answer: C,D |



