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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. True or False: Two assets in the same asset class, belonging to different company codes but with the same chart of depreciation, can post to different accounts.

A) True
B) False

2. Down payments received reduce the total of which of the following entities?
Response:

A) Payables
B) Bank balance
C) Inventory
D) Receivables

3. Which currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Response:

A) Material Ledger Currency
B) Group Currency
C) Local Currency
D) Transaction Currency

4. Which of the following statements is correct for external number assignment (manual posting)?
Response:

A) The number is automatically assigned.
B) The number must be assigned in a sequence.
C) The number is the last document number.
D) The number is entered by the user.

5. True or False: A single depreciation area can post to multiple ledgers.

A) True
B) False

Solutions: