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

1. What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A) It must be defined as a cost accounting valuation area type.
B) It cannot take over values from other areas.
C) It must be linked to leading ledger OL.
D) It must always post in real time.


2. You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?

A) Supplier reconciliation G/L account
B) Adjustment G/L account for foreign currency
C) Individual supplier accounts with special G/L indicator
D) Alternative reconciliation G/L account


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

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


4. You are posting a general journal entry for your company code. After posting the entry you notice the document number is in the wrong number range.
After reversing the document what do you need to change when reposting the document?

A) Assignment
B) Posting key
C) Document number
D) Document type


5. From which G/L account types are values shown in the profit loss (P&L) statement? Note: There are 3 correct answers to this question.

A) Secondary Costs
B) Primary Costs or Revenue
C) Cash Account
D) Balance Sheet Account
E) Non-operating Expense or Income


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: B
Question # 3
Answer: B,C
Question # 4
Answer: D
Question # 5
Answer: A,B,E

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