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Question 1

What do you configure for regrouping receivables and payables?

Options :

A : Provision Method

B : Calculation Method

C : Valuation Method

D : Sort Method

Answer: D

Question 2

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

Options :

A : It allows cross task list monitoring of task status.

B : It allows cross template maintenance.

C : It covers multiple companies with same or similar tasks.

D : It allows cross task list execution of tasks.

Answer: B,C

Question 3

On which levels do you define FI-AA account determination? Note: There are 2 correctanswers to this question.

Options :

A : Client

B : Chart of depreciation

C : Chart of accounts

D : Company code

Answer: B,C

Question 4

You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation costs to a different cost center than the one specified in the asset master data. How do you achieve this?

Options :

A : By changing the corresponding error into a warning via configuration

B : By creating a substitution in Financial Accounting line items

C : By removing the cost center from the asset master data

D : By setting the "identical" parameter as not activated in the account assignment configuration

Answer: B

Question 5

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correctanswers to this question.

Options :

A : Primary costs resulting from a distribution

B : Secondary costs resulting from an assessment

C : Intercompany postings

D : Budgeted costs for a cost center

E : Plan depreciation amounts

Answer: A,C,E