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| Section | Weight | Objectives |
|---|---|---|
| Financial Closing and Reporting | 15% | - Integration with Controlling - Reconciliation between Subledgers and G/L - Financial Statement Versions - Fiori Apps for Financial Reporting - Period-End and Year-End Closing Activities |
| General Ledger Accounting | 25% | - Universal Journal and SAP S/4HANA Architecture - Parallel Accounting and Ledger Groups - Chart of Accounts and Ledger Configuration - Document Types, Posting Keys and Document Splitting - G/L Master Data and Posting Controls |
| Accounts Receivable | 20% | - Business Partner / Customer Master Data - Incoming Payments and Clearing - Credit Management Basics - Customer Down Payments and Reconciliation - Dunning and Correspondence |
| Accounts Payable | 20% | - Invoice Verification and Posting - Withholding Tax and Reporting - Business Partner / Vendor Master Data - Automatic Payment Program - Down Payments and Clearing |
| Asset Accounting | 20% | - New Asset Accounting in SAP S/4HANA - Periodic Processing and Depreciation Run - Asset Retirement, Transfer and Valuation - Asset Classes, Depreciation Areas and Keys - Asset Master Data and Transactions |
Question 1
You indicate that you're posting to the ledger group of an extension ledger.
How many ledgers are updated?
A. The extension ledger and the underlying ledger
B. It depends on the ledgers grouped in the ledger group
C. Only the extension ledger
D. The leading ledger and the extension ledger
Question 2
Which business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer
Response:
A. Monthly rent payments for an office building
B. Monthly subscription to a financial newspaper
C. One-time payment for one-year cloud storage service
D. One-time payment for fixing flooding damage
Question 3
Which transactions lead to asset capitalization? (There are three correct answers.)
A. Nonvaluated goods receipt
B. Purchase order in Purchasing
C. Intracompany transfer
D. AuC settlement
E. Valuated goods receipt
Question 4
True or False: Bank details for a business partner are part of the General BP role.
A. True
B. False
Question 5
Which of the following tolerance groups should every company code always have?
Response:
A. Blank
B. Named
C. Special
D. Defined
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: C,D,E | Question 4 Answer: A | Question 5 Answer: A |
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