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

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

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

2. What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?

A) Posting of take over values
B) Creation of master data
C) Posting the summary write off in G/L
D) Setting the company code status for legacy data transfer

3. Where do you assign the currency type?

A) Valuation area
B) Accounting principle
C) Ledger
D) Company

4. What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

A) It helps customers to collaborate to build flexible value chains.
B) It supports application development integration.
C) It supports customers in understing their stakeholder's needs.
D) It provides data management analytics.

5. Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

A) 60 = Global company currency
B) 30 = Group currency
C) 00 = Document currency
D) 10 = Company code currency
E) 40 = Hard currency

Solutions: