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

1. At which levels do you choose between direct indirect quotations? Note: There are 2 correct answers to this question.

A) Client
B) Exchange rate type
C) Country
D) Company code

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

3. Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A) Document splitting
B) Segments
C) Profitability segments
D) Profit centers
E) Business areas

4. On which level do you maintain the currency translation ratio between two currencies?

A) Exchange rate type
B) Valuation type
C) Currency type
D) Document type

5. Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

A) Interest indicator
B) Line item grace period
C) Payment deadline
D) Days in arrears

Solutions: