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SAP S/4HANA Financial Processes

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0% found this document useful (0 votes)
1K views19 pages

SAP S/4HANA Financial Processes

Uploaded by

ngqongwabuhle
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Which business processes post to the general ledger? There are 3 correct answers to this question.

Response:
Posting an activity allocation
Posting an activity price
Goods issue from stock
Purchase order creation
Depreciation posting

Which of the following master records are directly assigned to a company code? There are 2 correct
answers to this question.
Response:
Material master
Cost center
Activity type
Fixed asset

Which maintenance order element includes the field values for WorkCentre, control key, and activity
type? Please choose the correct answer.
Response:
Operation
Order header
Assembly
Actual cost

When creating condition master records, what data properties does the condition type control? There
are 2 correct answers to this question.
Response:
Sales organization
Scales
Currency
Validity period

What are the process steps in corrective maintenance? Please choose the correct answer.
Response:
Create Notification
Create Order
Release Order
Execute Order
Complete Order

Create Notification
Release Order
Execute Order
Complete Order
Billing

Create Task List


Create Plan
Schedule Plan
Complete Order
Billing

Create Task List


Create Plan
Schedule Plan
Release Order
Complete Order

What is the outcome of an automatic payment run? There are 3 correct answers to this question.
Response:
Cleared item in vendor’s account
Financial accounting document
Approval process initiated
Open item in vendor’s account
Data prepared for printing

What is the integration point between an internal order and a fixed asset? Please choose the correct
answer.
Response:
Order type
Asset class
Depreciation area
Settlement rule

What must two company codes have in common if you want to link them to the same controlling area?
There are 2 correct answers to this question.
Response:
Company code currency
Operational chart of accounts
Fiscal year variant
Country

How do you view all records created for an employee? Please choose the correct answer.
Response:
Basic personal data
Personnel action
Organizational assignment
Personnel file

In a project, what is the correct term for a group of dependencies, activities, and relationships sequenced
in chronological order? Please choose the correct answer.
Response:
Work breakdown structure element
Milestones
Project definition
Network

What elements in the Human Capital Management organisational structure can receive cost center
assignment? There are 2 correct answers to this question.
Response:
Person
Organizational unit
Job
Position

What is the correct sequence of steps in the order-to-cash business process? Please choose the correct
answer.
Response:
Create sales order
Check availability
Plan transportation
Post goods issue

Check availability
Create sales order
Billing
Post goods issue

Check availability
Create sales order
Post goods issue
Billing

Create sales order


Check availability
Process a delivery document
Post goods issue

What MRP control parameter defines the scope of a planning run? Please choose the correct answer.
Response:
Procurement type
Lot size
Planning mode
Processing key

Which objects can be assigned to a purchasing organization? There are 2 correct answers to this
question.
Response:
Plant
Controlling area
Vendor
Material master

To which application areas can Cross-Application Time Sheet (CATS) data be transferred directly? There
are 3 correct answers to this question.
Response:
Management Accounting (CO)
Human Capital Management (HCM)
Project System (PS)
Financial Accounting (FI)
Production Planning (PP)

Which organizational units do you create for Financial Accounting(FI) in SAP S/4HANA Finance?
There are 2 correct answers to this question.
Response:
Segment
Company code
Operating concern
Controlling area

What general ledger account information is defined at the chart of accounts level? Please choose the
correct answer.
Response:
Account group
Account number
Account management
Account balance

What can you record during overall completion confirmation of a maintenance order? Please choose the
correct answer.
Response:
Notification completion
Planned time
Serial numbers
Measurements

You want the SAP S/4HANA system to perform product cost planning. What master data is used to
calculate the quantity structure?
There are 2 correct answers to this question.
Response:
Bill of material
Routing
Work center
Cost center

What can a planned order be converted to? There are 3 correct answers to this question.
Response:
A production order
A planned independent requirement
A purchase requisition
A purchase order

What are the key technologies that enabled the development of SAPS/4HANA? There are 2 correct
answers to this question.
Response:
Mobile devices
Multicore central processing units
Large memory capacities
Fast wireless networking

What is an element that you can assign to the SAP Human Management organizational structure? Please
choose the correct answer.
Response:
Cost element
Profitability segment
Operating concern
Cost center

Which of the following areas are part of SAP SuccessFactors Employee Central? There are 3 correct
answers to this question.
Response:
Success and Development
Time Management
Payroll
Organization Management
Learning Management

Which master records are directly assigned to a company code? There are 2 correct answers to this
question.
Response:
Cost centre
Material
Activity type
Fixed asset

To which application areas can Cross-Application Time Sheet (CATS) data be transferred directly?
There are 3 correct answers to this question.
Response:
Production Planning (PP)
Materials Management (MM)
Customer Service (CS)
Sales and Distribution (SD)
Human Capital Management (HR)

What activities can an employee complete using employee self-service? There are 3 correct answers to
this question.
Response:
Enroll in a training course
Perform compensation planning
Enter work times
Recruit employees
Update banking information

What are the integration points between a fixed asset and a cost enter? There are 2 correct answers to
this question.
Response:
Asset creation
Asset acquisition
Asset book value
Depreciation run

What are the benefits of using a business partner in SAP S/4HANA? There are 2 correct answers to this
question.
Response:
You can maintain multiple addresses for an entity
General data is unique to each role
It provides a harmonized architecture
Vendors are managed separately from customers
Within a MRP net requirements calculation, which of the following are demand elements? There are 3
correct answers to this question.
Response:
Purchase order
Planned independent requirements
Safety stock
On hand inventory
Sales order

You are creating a new company code that you want to assign to the group controlling area. Which
characteristics must the new company code share with the other company codes already assigned to the
controlling? There are 2 correct answers to this question.
Response:
Posting period variant
Fiscal year variant
Operating chart of accounts
Group currency

How do you use the result of a released standard cost estimate? There are 3 correct answers to this
question.
Response:
To determine a material sales price in Sales and Distribution
To calculate the price of an activity type
To determine the base costs used to calculate overhead
To calculate the plan costs in a production order
To update the current standard price in the material master record

What is the correct sequence of steps in the sales and distribution process? Please choose the correct
answer.
Response:
1. Check availability
2. Create sales order
3. Post goods issue
4. Billing

1. Create sales order


2. Check availability
3. Plan transportation
4. Post goods issue

1. Create sales order


2. Check availability
3. Process delivery document
4. Post goods issue

1. Check availability
2. Create sales order
3. Billing
4. Post goods issue

What is a typical sequence of process steps in corrective maintenance? Please choose the correct answer.
Response:
1. Create task list
2. Create plan
3. Schedule plan
4. Complete order
5. Billing

1. Create notification
2. Create order
3. Release order
4. Execute order
5. Complete order

1. Create notification
2. Release order
3. Execute order
4. Complete order
5. Billing

1. Create task list


2. Create plan
3. Schedule plan
4. Release order
5. Complete order

What happens when you post a goods issue for a delivery document in sales? There are 3 correct
answers to this question.
Response:
Inventory quantities are updated
An invoice is created
An accounting journal entry is created
A warehouse transfer order is created
The billing due list is updated

In a project, what is linked via relationships? Please choose the correct answer.
Response:
Work breakdown structure elements
Networks
Activities
Project definitions

What activities can an employee complete using employee self-service? There are 3 correct answers to
this question.
Response:
Perform compensation planning
Submit travel expenses
Control costs
Enroll in benefits
Enter work times

What are functions of SAP Extended Warehouse Management? There are 2 correct answers to this
question.
Response:
Expected goods receipt
Putaway with transfer orders
Inventory management at storage location level
Inventory management at storage bin level

Which processes can be automatically performed when you post an order confirmation for a production
order? There are 3 correct answers to this question.
Response:
Variance calculation
Order settlement
Goods issue
Goods receipt
Post actual costs

You need stock materials to complete your maintenance process. At what steps can a material
reservation be created? There are 2 correct answers to this question.
Response:
Save and release order
Purchase requisition creation
Technically complete an order
Availability check

What master data records are used in advanced planning? There are 3 correct answers to this question.
Response:
Location
Product
Work center
Resource
Bill of material

At which points in the order-to-cash process are postings made to the general ledger? There are 2 correct
answers to this question.
Response:
Posting a goods issue
Saving the invoice
Saving the sales order
Confirming a transfer order

To what object can you settle an internal order? Please choose the correct answer.
Response:
Profit center
Material
Fixed asset
Statistical key figure

What action assigns actual costs to a project? Please choose the correct answer.
Response:
Material withdrawal from stock
Processing a cost forecast
Saving a purchase order
Releasing a project budget
Which of the following is a feature of Streamlined Procurement? Please choose the correct answer.
Response:
Source assignment
Self-service requisitioning
Invoice processing
Supplier evaluation

Which SAP solution is used to perform marketing operations within the SAP S/4HANA suite? Please
choose the correct answer.
Response:
SAP Ariba
SAP Fieldglass
SAP SuccessFactors
SAP Hybris

Which SAP Fiori application types use SAP HANA capabilities directly? There are 2 correct answers to this
question.
Response:
Analytical
Transactional
Fact sheet
Web Dynpro

In which situation would you create an equipment master record? There are 2 correct answers to this
question.
Response:
To report the usage time of an object at a functional location
To report and track preventive maintenance tasks for an object
To report the effects of usage on the likelihood of damage to the installed equipment
To functionality represent the technical system structures in your company

How can you post external labour costs to a network activity? Please choose the correct answer.
Response:
By activity allocation
By distribution
By service entry sheet
By confirmation

What are some of the characteristics of the SAP Fiori UX design? There are 2 correct answers to this
question.
Response:
Function-based applications
Role-based applications
Adaptive to devices
Multiple access entry points

Which main components feature the intelligent enterprise? There are 3 correct answers to this question.
Response:
Intelligent technologies
Digital platform
Intelligent analytics
SAP cloud applications
Intelligent suite

What is required for putaway in SAP Extended Warehouse Management? Please choose the correct
answer.
Response:
Stock transport order
Inbound delivery order
Warehouse transfer order
Sales order

Which of the following is the hierarchical model of a project? Please choose the correct answer.
Response:
Task list
Work breakdown structure
Network
Activity

What master data in the activity type is used to post an activity allocation? Please choose the correct
answer.
Response:
Balance sheet account
Primary cost element
Secondary cost element
Non-operating expense

What function compares assigned funds to the budget of a work breakdown structure (WBS) element?
Please choose the correct answer.
Response:
Cost forecast
Settlement
Results analysis
Availability control

Which objects can you settle? There are 2 correct answers to this question.
Response:
Overhead order
Profitability segment
WBS element
Activity type

Which of the following displays a collection of all records created fora personnel number? Please choose
the correct answer.
Response:
Personnel file
Personnel action
Employee subgrouping
Organizational assignment

Which objects can be assigned to a profit centers? There are 2 correct answers to this question.
Response:
Material
Operating concern
Sales organization
Sales order item

An internal activity price can be assigned to the combination of activity type and which object?Please
choose the correct answer.
Response:
Work center
Cost center
Profit center
Funds center

Which of the following sequences of purchase-to-pay process steps is valid? Please choose the correct
answer.

Determination of requirements
Vendor selection
Purchase order handling
Goods receipt
Invoice verification

Source of supply determination


Vendor selection
Determination of requirements
Purchase order handling
Goods receipt

Determination of requirements
Purchase order handling
Handling of payments
Goods receipt
Invoice verification

Vendor selection
Source of supply determination
Purchase order monitoring
Goods receipt
Handling of payments

In your warehouse, you want to ensure that material is putaway inthe ideal bin to improve efficiency.
What SAP Extended Warehouse Management feature do you implement? Please choose the correct
answer.

Wave management
Yard management
Cross-docking
Slotting/rearrangement

Which of the following can be included in a customer pricing condition record? There are 2 correct
answers to this question.

Invoice amounts
Order values
Surcharges
Discounts

Which of the following represents the highest-level unit of all organizational elements in SAP S/4HANA?
Please choose the correct answer.

Company code
Controlling area
Operating concern
Client

In a make-to-order process, a raw material needs to be issued from the warehouse to the manufacturing
line. In which order will you post the goods issue? Please choose the correct answer.

Stock transfer order


Planned order
Production order
Sales order

What is the purpose of using a statistical key figure? Please choose the correct answer.

To collect actual expenses for an area of responsibility


To use as a tracing factor in a cost distribution
To calculate activity prices
To estimate the standard cost estimate for a material

Which objects can you settle? There are 3 correct answers to this question.

Work breakdown structure (WBS) element


Maintenance order
Profitability segment
Cost center

What can be assigned to a profit centre? There are 2 correct answers to this question.

Material
Company code
Asset
Operating concern
Organizational unit

What business partner role connects the supplier with your company code's balance sheet? Please
choose the correct answer.

FI Vendor
Business Partner General
FI Customer
Supplier

How can you post internal labour costs to a network activity?There are 2 correct answers to this
question.
By activity allocation
By distribution
By confirmation
By service entry sheet

What types of procedures may be used to perform a cross-plant stock transfer? There are 3 correct
answers to this question.

Two-step procedure
Slotting and rearrangement
Stock transport order without delivery
One-step procedure
Material requirements planning

You have created an asset master data record. Which other masterdata record can be created
synchronously? Please choose the correct answer.

Functional location
Cost center
Equipment
Primary cost element

What are the major aspects of SAP S/4HANA? There are 3 correct answers to this question.
Response:
Simplified applications
Reduced data footprint
Bring together OLAP and OLTP
Can be run on any database
Minor changes are made to the data model

What is the name of the role-based, personalized UI client that enables users to access SAP Fiori
applications side by side with established UIs? Please choose the correct answer.

SAP Fiori launchpad


SAP Fiori Worklist
SAP GUI
SAP Business Client

A goods issue is posted against a production order. What are the results? There are 3 correct answers to
this question.

The material reservation is reduced


A warehouse task is created
Actual costs are updated in the production order
A controlling document is created
Internal labour costs are posted

Why might you create an equipment master record? There are 2 correct answers to this question.

To report the usage time of an object at a functional location


To report the likelihood of damage to the installed equipment, based on usage
To report and track preventive maintenance tasks for an object
To functionally represent the technical system structures in your company

Which step updates Profitability Analysis? Please choose the correct answer.

Save the billing document.


Post the customer’s payment.
Post goods issue.
Create the outbound delivery.

Which of the following is the correct hierarchy of organisational structure elements in SAP S/4HANA
(from . highest level to 4. lowest level)? Please choose the correct answer.

1. Operating concern
2. Controlling area
3. Company code
4. Plant

1. Company code
2. Controlling area
3. Organizational unit
4. Operating concern

1. Company code
2. Controlling area
3. Sales organization
4. Plant

1. Sales organization
2. Plant
3. Division
4. Storage location

Which of the following functions can result in a creation ofreservations for a production order? There are
2 correct answers to this question.

Release production order


Convert planned order to production order
Record manufacturing activities
Calculate production cost

Which document is created when you post a valuated goods receiptfor consumable materials? Please
choose the correct answer.

Delivery note
Controlling document
Vendor invoice document
Purchase order

Which object is created to report on a market segment, such ascustomer, product and region?
Please choose the correct answer.
Response:
Profitability segment
Primary cost element
Sales organization
Profit center

Which of the following are business partner categories in SAPS/4HANA? There are 3 correct answers to
this question.

Company
Department
Organization
Group
Person

What are the benefits of using a business partner in SAP S/4HANA? There are 2 correct answers to this
question. Choose:
General data is unique to each role
Vendors are managed separately from customers
It provides a harmonized architecture
You can maintain multiple addresses for an entity

What does the posting key control? There are 2 correct answers to this question. Choose:
Account type
Posting date
Field status
G/L document number

What does Management Accounting provide? There are 2 correct answers to this question Choose:
Account balances for customers and vendors
Reports that meet accounting standards and principles
Profitability analysis of market segments
Information used for internal areas of responsibility

What print technologies does SAP S/4HANA output management support? There are 2 correct answers
to this question. Choose:
Adobe forms using fragments
Microsoft Excel
Smart Forms
Adobe LiveCycle Designer

You post an invoice to purchase a company van. In the invoice, to which account types do you post
journal entries? There are 3 correct answers to this question. Choose:
Asset account
Tax account
Expense account
Material account
Supplier account

What activities can an employee complete using employee self-service? There are 3 correct answers to
this question. Choose:
Enter work times
Submit travel expenses
Enroll in benefits
Control costs
Perform compensation planning

Which maintenance order element includes the field values for work center, control key, and activity
type? Please choose the correct answer. Choose one:
Assembly
Actual cost
Operation
Order header

Which objects can be assigned to a purchasing organization? There are 2 correct answers to this
question. Choose:
Controlling area
Vendor
Plant
Material master

In a project, what is linked via relationships? Please choose the correct answer. Choose one:
Activities
Networks
Work breakdown structure elements
Project definitions

What are the key technologies that enabled the development of SAP S/4HANA? There are 2 correct
answers to this question. Choose:
Large memory capacities
Mobile devices
Fast wireless networking
Multicore central processing units

What is the outcome of converting a planned order? There are 2 correct answers to this question.
Choose:
A planned independent requirement
A purchase order
A purchase requisition
A production order

Which main components feature the intelligent enterprise? There are 3 correct answers to this question.
Choose:
Intelligent suite
Intelligent analytics
SAP cloud applications
Digital platform
Intelligent technologies

Which of the following can be maintained in a maintenance notification? There are 3 correct answers to
this question. Choose:
Materials list
Operations
Tasks
Location data
Cause of damage

Which step in the order to cash business process integrates with profitability analysis? Please choose the
correct answer. Choose one:
Saving a transfer order
Generating a invoice
Creating an outbound delivery
Generating a sales order

In your warehouse, you want to ensure that material is putaway in the ideal bin to improve efficiency.
What SAP Extended Warehouse Management feature do you implement? Please choose the correct
answer. Choose one:
Yard management
Slotting/rearrangement
Cross-docking
Wave management

Which of the following are business partner categories in SAP S/4HANA? There are 3 correct answers to
this question. Choose:
Group
Company
Organization
Person
Department

What action assigns actual costs to a project? Please choose the correct answer. Choose one:
Material withdrawal from stock
Processing a cost forecast
Releasing a project budget
Saving a purchase order

Which objects can you settle? There are 3 correct answers to this question. Choose:
Work breakdown structure (WBS) element
Maintenance order
Cost center
Profitability segment

What master data defines the quantity structure to create a standard cost estimate? There are 2 correct
answers to this question. Choose:
Bill of material
Routing
Cost center
Activity type

You need stock materials to complete your maintenance process. At what steps can a material
reservation be created? There are 2 correct answers to this question. Choose:
Availability check
Technically complete an order
Save and release order
Purchase requisition creation
What is required for picking in SAP Extended Warehouse Management? Please choose the correct
answer. Choose one:
Sales order
Stock transport order
Outbound delivery order
Warehouse material document

In a make-to-order process, a raw material needs to be issued from the warehouse to the manufacturing
line. In which order will you post the goods issue? Please choose the correct answer. Choose one:
Sales order
Planned order
Stock transfer order
Production order

When creating condition master records, what data properties does the condition type control? There
are 2 correct answers to this question. Choose:
Currency
Validity period
Sales organization
Scales

What are the benefits of using a business partner in SAP S/4HANA? There are 2 correct answers to this
question. Choose:
It reduces the amount of redundant data.
It provides a harmonized architecture.
Vendors are managed separately from customers.
General data is unique to each role.

What master data in the activity type is used to post an activity allocation? Please choose the correct
answer. Choose one:
Secondary cost element
Primary cost element
Non-operating expense
Balance sheet account

What is document splitting used for? Please choose the correct answer. Choose one:
To fill the segment characteristic in all line items
To summarize G/L postings at the controlling area level
To update multiple ledgers for parallel accounting
To summarize CO line items to produce fewer line items

What does Management Accounting provide? There are 2 correct answers to this question Choose:
Reports that meet accounting standards and principles
Information used for internal areas of responsibility
Account balances for customers and vendors
Profitability analysis of market segments

Which processes can be automatically performed when you post an order confirmation for a production
order? There are 3 correct answers to this question. Choose:
Goods issue
Post actual costs
Goods receipt
Order settlement
Variance calculation

Which document post directly to the universal journal? There are 3 correct answers for this question.
Choose:
Sales document
Profitability Analysis document
Asset Accounting document
Material document
Material Ledger document

Which document is created when you post a valuated goods receipt for consumable materials? Please
choose the correct answer. Choose one:
Vendor invoice document
Delivery note
Purchase order
Controlling document

When would you use a statistical key figure? Please choose the correct answer. Choose one:
To identify internal cost flows
To distribute primary expenses in a standard cost element
To collect actual expenses for an area of responsibility
To use as a tracing factor in an assessment

What is required to report on a combination of characteristics, such as customer, product, and region?
Please choose the correct answer. Choose one:
Should have chosen
Profitability segments
G/L accounts
Profit centers
Primary cost elements

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