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SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Sample Questions:

1. Where do you specify the retention time of temporary data in the SAP S/4HANA Migration Cockpit?

A) In the migration object template
B) In the staging tables
C) In the migration object
D) In the migration project

2. You implemented parallel ledgers and posted an integrated asset acquisition with a supplier Which generated document updates all accounting principles?

A) Controlling document
B) Valuation document
C) Operational document
D) Clearing document

3. Which business scenarios does the Two-Tier ERP deployment scenario offer? Note: There are 2 correct answers to this question.

A) Single-source synchronous system update implementation
B) Integration of new acquisitions to the corporate infrastructure
C) Centrally managed ticketing and support service network
D) Reporting and analytics across the subsidiary ecosystem

4. What is the purpose of the Starter system in the SAP S/4HANA Cloud implementation project?

A) To demonstrate the customer's personalized solution, including process flows, the organizational structure, and authorizations
B) To conduct a blueprint workshop to identify all customer requirements for a completely customized solution
C) To demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements
D) To configure the customer's personalized solution for demonstration and testing during the Realize phase

5. Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?

A) Commercial paper
B) Cash flow transaction
C) Bilateral facility
D) Deposit at notice

Solutions: