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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)

Last Update Apr 24, 2024
Total Questions : 80

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Questions 1

Which of the following statement best describe a noted item?

Note: There are 2 correct answers to this questions.

Options:

A.

It has an automatic statistical offsetting entry

B.

It updates the subledger and the general ledger

C.

It can be used to remind the user about due payments

D.

It can be accessed by the payment program

Questions 2

Which of the following statement best describes how customer down payments are integrated with Sales & Distribution (SD)

Options:

A.

A dowm payment request is created as an SD sales order, which is automatically posted in FI as a noted item.

B.

A dowm payment request is created as a SD billing document, which is automatically posted in FI as a noted item.

C.

A dowm payment request is created as an FI noted item, which automatically generates an SD billing document.

D.

A dowm payment request is created as an FI noted item, which automatically generates an SD sales order.

Questions 3

How does an automatic intercompany asset transfer work?

Options:

A.

It assumes that the transfer happens between two independent legal entities

B.

It determines the relationship type automatically, using the company code

C.

determines the relationship type automatically, using the company ID

D.

It does NOT allow a transfer to happen within a single legal entity

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