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

1. As a pre-closing activity selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?

A) Account statement
B) Balance request
C) Balance notification
D) Balance confirmation

2. What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.

A) Determine the G/L accounts for the valuation posting
B) Determine the exchange rate type
C) Define the valuation procedure
D) Define the posting reversal date for the valuation posting
E) Define the document type for the valuation posting

3. You have made an agreement with a customer to guarantee an amount of EUR 10000.
What is the result of recording this guarantee in SAP S/4HANA?

A) One statistical line item
B) One noted item
C) Two statistical line items
D) Two noted items

4. How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A) It is a solution embedded in the SAP S/4HANA core.
B) It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
C) It is a solution that can be integrated with Group Reporting.
D) It is a solution that facilitates transaction matching between systems in Central Finance.

5. 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.

Solutions: