Chapter 1

1.

1 point

which components are affected in your customer migrates to SFIN on prem?

Actual costing with material ledger (CO-PC-ACT)

Special purpose ledger (FI-SL)

Classic Real Estate management (RE)

Classic profit center accounting (EC-PCA)

2.

1 point

On which level do you plan data records in IBPF?

FI Management Area, commitment item

Company Code, GL Account

Controlling Area, Cost Element

Characteristics, Value field

3.

1 point

Your system is on SFIN on prem. You have defined 3 accounting principles Local, Tax, IFRS with corresponding depreciation areas in real time. You post a partial scrapping to the IFRS accounting principle for an asset.

One ledger group specific doc for each accounting principle

One operational entry document and one ledger group specific document for each accounting principle

One operational document and one ledger group specific doc for IFRS accounting principle

One ledger group specific document for IFRS accounting principle

4.

1 point

Which of the following line items will be migrated to UJ? 2 answers

Accounts receivable

Cost based profitability analysis

Classic Profit Center

Cost Center Accounting

5.

1 point

What can you do only after you complete set the migration as Complete?

Transfer Application indexes in cold storage

Calculate initial depreciation values

Convert held documents

Adopt authorizations and profile

6.

1 point

What are the benefits of OLAP and OLTP merge in SFIN?

It reduces the IT footprint

It simplifies data migration

It deploys in the cloud and on premise

It eliminates reconciliation

7.

1 point

Which data base tables serve as a source for the migration of balances?

GLT0

COSS

FAGLFLEXA

FAGLFLEXT

8.

1 point

You migrate to SFIN. What tables is redundant in Management accounting after migration?

CSKA

COBK

COEP

COSP

9.

1 point

You activate account based COPA and SFIN. What benefits does this provide? There are 2 correct answers.

The system derives Profitability attributes during posting

You can update profitability analysis for every P&L line item

You no longer need to execute settlement for COPA

You can freely define and post to value fields

10.

1 point

Which of the following components update data in real time in the UJ? There are 3 correct answers

Asset Accounting

Overhead Cost accounting

Product Cost planning

Account based COPA

Cost Based COPA

11.

1 point

Your customer is setting up SFIN system for new subsidiary. Customer wants to migrate…………….what would you do before proposing a solution?

Check if you can set up a separate bW system and feed data from both systems to the SAP BW

Check if there are custom fields in FAGLFLEXT in legacy system that are used in the report …

Check if you can transfer the data from SFIN to the legacy SAP ECC 6.00

Check if the new standard delivered system including SAP Fiori includes a report that could cover current custom fields

12.

1 point

Which steps are automatically executed in the system after you installed SFIN?

SAP HANA compatibility views are created

Index tables are stored in the UJ

Obsolete tables are saved as backups tables

Entries are deleted from the line item tables

13.

1 point

Your customer requires a separate SAP ERP system for a new subsidiary. The system needs to feed data back to customers……Limited resources

Central Finance on prem

SAP Hana on prem

Central Finance in cloud

SAP Hana in cloud

14.

1 point

In new AA, which tables updated after the partial sale of an asset?

Planned deprecation values and revaluations

Year dependent attributes

Depreciation terms ANLB

Document header posting ANEK

15.

1 point

You manually post a document to the ledger group. The ledger group contains only the appendix ledger in SFIN. What line items are written in ACDOCA?

Line items for the appendix ledger

Line items without ledger specification

Line items for both the appendix ledger and base ledger

Line items for base ledger

16.

1 point

Which of the following CO transaction generates entries for the COEP table as the prima nota in sFIN? There are 2 answers

Assessment cycle posting

Re-posting of costs and revenue

Manual activity allocation

Internal Order settlement

17.

1 point

What is benefit when using Central Finance?

You can avoid migrating the legacy systems to SAP Finance

You can move an existing system landscape to the cloud

You can avoid financial consolidation of separate legal entities

You can use SFIN with classic GL features

18.

1 point

How to do you adopt new MASS Order settlement transaction in SAP Simple Finance?

Create new settlement rules

Create new allocation cycles

Create new settlement cost elements

Create new selection variants

19.

1 point

When you migrate to SFIN add on. What changes in GL postings?

Document header data is now stored in table ACDOCA and not in BKPF

Consolation data is now stored in BSEG and not in table GLT3

Due dates are now stored in table ACDOCA and not in table BSEG

Line item data is stored in table ACDOCA and not in table FAGLFLEXA

20.

1 point

Which of the following cost objects does CO Object mapping Framework from Central Finance manage?

Profitability segment

Cost Center

Production Order

Profit Center

21.

1 point

You migrated to Simple Finance. What changes in the material ledger architecture after this migration

Values for multi-level actual costing are calculated in real time and posted to ACDOCA

The Index and Total tables from material management are replaced by tables ACDOCA

All line items for material ledger are transferred to ACDOCA

Prices for multiple valuations in the material master are read-ready from table ACDOCA

22.

1 point

Why do you create an Appendix Ledger in Simple Finance?
Note: 3 answers are correct

To distribute revenues differently

To Post adjustments for Consolidation purposes

To distribute postings between FI and CO

To save postings for different depreciation areas

To post in closed periods

23.

1 point

Which posting period checks takes place when you post Controlling relevant documents in Simple Finance

General ledger period opening and closing

Asset Accounting Period Lock

Material management period

Controlling Period Lock

24.

1 point

There are 3 period end closing transaction:

Variance calculation for full periodic settlements

Work in progress calc for process orders

Results analysis for sales order

Variance calculation for cost centers

Results analysis for projects

25.

1 point

Which of the following improvements are available for the profitability analysis in sFIN? There are 2 correct answers (edit this question as only one answer was found)

Enhancement summation is provided

Accelerated drill down reports are available

Reconciliation in NOT required

Assessment runs are NOT required

26.

1 point

You want to implement document splitting method in SFIN. What level is it done at?

Client

Document type

Company Code

Business Transaction

27.

1 point

You need to configure target accounts for COGS splitting in SFIN On prem. What is a prequieste?

Allocation structure

Cost component structure

Secondary cost elements

Key figure Scheme

28.

1 point

For which purpose do you use compatibility views in SAP SFIN?

Safeguard read access from customer development programs

To extend UJ with custom fields

To create materialized views for custom tables

To leverage the derivation tools from COPA

29.

1 point

Which new GL related steps are automatically executed by the system when you migrate from classic GL?

Mark Obsoleted transaction

Activate new GL

Derive source legder from migration

Create accounting principles

30.

1 point

What can you do with the parallel accounting using GL accounts field in the company code settings for ledgers?

Assign more than one accounting principle to a ledger

Use the second additional currency field for a new installation

Assign an appendix ledger to the ledger

Define different accounts to each accounting principle in AA

31.

1 point

Customer has the central user maintenance system where users maintain the single password for all IT systems. The business user reported that they cannot access the SAP FIORI Launchpad and the system reports that the user has locked. The same user can access SAP ERP using the GUI without any problems. What do you need to do to provide the access for FIORI Launch Pad?

Reset the user and SAP GUI for the backend server

Reset the users password in the Central System

Re-assign the user in the SAP FIORI Launchpad designer

Unlock the user in the SAP GUI for the frontend server

32.

1 point

You created a appendix ledger in customizing. What do you now need to assign to appendix ledger?

An authorization group

Account type

A splitting rule

Document type

33.

1 point

What does the system do when you execute regenerate CDS views and field mapping transaction? 3 correct

It regenerates custom fields in the CDS views

It redirects SELECT statements from the concerned data base tables to the corresponding compatibility views

t adds COPA characteristics to table ACDOCA

It renegerates the mapping of custom fields in the data migration

It redirects WRITE statements from the concerned data base tables to the line item ACDOCA

34.

1 point

The Chart of depreciation has 3 depreciation areas and post APC in real time. Only one of these depreciation areas is active for an asset that you created. How many documents are created when you post an external acquisition to this Asset

3

1

4

2

35.

1 point

What asset accounting data updates Universal Journal in SFIN?

Actual and statistical postings

Actual, statistical, and plan

Actual

Actual and plan

36.

1 point

You are using document splitting when posting a petty cash expense to Cost Center A and B. the cash items are NOT filled with the profit center field from the expense lines. This works without issues for the tax line item.
What is the reason for this?

The Inheritance indicator is NOT set in Customizing

Profit Center is NOT assigned to the cost centers

Cash account is NOT assigned to splitting rule

Posting an expense direct to cash in NOT allowed

37.

1 point

Which of the following scenarios is compatible with new asset accounting in SFIN on prem?

Post transfer between depreciation area

Funds management using requests for assets

Flexible real estate management

Lease accounting engine

38.

1 point

Which upgrade cycles does cloud edition of SAP S/4 HANA provide?

Optional annually

Required quarterly

Required annually

Optionally quarterly

39.

1 point

You are configuring a company code and a controlling area in sFIN. What configuration is possible?

Same year FYV and same operating COA

Different FYV and same operating COA

Same FYV and different operating COA

Different FYV and different operating COA

40.

1 point

In new asset accounting, what has changed in posting logic ?

Accounting principle specifc documents inherit the doc type from OED

Same reconciliation accounts applies for all accounting principles

Operational entry document updates the asset values directly

Additional accounting principle specific documents are always created

41.

1 point

Your customer is currently using BPC non HANA Database. The customer is in process setting up Central Finance with SAP Simple Finance on prem 1503 and wants to use IBPF instead of BPC. What is benefit of using IBPF over BPC?

Preinstalled SAP fiori apps for planning are provided

The amount of data that needs to be reconciled between systems is reduced

Advanced IBPF consolidation capabilities are provided

BPC for SAP Net weaver fees are NOT required

42.

1 point

What activities do you perform in AA before you install SFIN on prem? There are 3 correct answers.

Mark depreciation area specific transaction types as obsolete

Check If the new asset depreciation engine is in use

Create new asset classes and change the account determination in AA

Run the prerequisite report RASFIN_MIGR_PRECHECK for AA

Perform PEC activities for AA

43.

1 point

Benefits of IBPF ?

New single table is avalible to store all the planning data

Exisiting plan data processes are no longer required

GL historic plan data can be migrated to the new solution

Templates for standard planning scenarios are provided

44.

1 point

Which SAP HANA features enable data to be processed in parallel? There are 2 correct answers

Multi-core architecture

Row store tables

Partitioning

Materialized aggregates

45.

1 point

External posting –

4

3

2

1

46.

1 point

Which of the following tables continue to be updated in SFIN ?

COSS

COSP

COEP

COBK

47.

1 point

What is added to the migrated line items to calculate totals when you migrate balances to SAP?

The delta from index totals

The delta from totals tables

The delta from parked documents

The delta from controlling tables

48.

1 point

What must you do before you execute the Transfer Application Indexes migration activity? 2 Correct answers

Fill the offsetting account in FI doc

Activate the business functions DAAG_Data_Aging

Migrate the balances

Migrate the house banks

49.

1 point

The Customer uses Classic GL and plans to migrate to SAP Simple Finance. What can you do in combination with this migration?

Introduce Document splitting

Introduce additional parallel ledger

Eliminate reconciliation with CO

Change parallel accounting for the account approach to the ledger approach