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

1. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

A) The start end date of posting periods
B) The number of posting periods
C) The authorization to post to special periods
D) The posting periods open for posting

2. In which scenarios is the technical clearing account posted? Note: There are 2 correct answers to this question.

A) Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)
B) Asset transfer posting between asset classes
C) Settlement of an investment order to an asset under construction
D) Valuated goods receipt on a purchase order with an asset as account assignment

3. Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A) Posts APC real time depreciation periodically
B) Posts to G/L in real time
C) Posts to G/L periodically
D) Does not post to G/L

4. Where do you assign the group chart of accounts?

A) Operating chart of accounts
B) Company code
C) Company
D) General ledger account

5. How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A) It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
B) It is a solution embedded in the SAP S/4HANA core.
C) It is a solution that can be integrated with Group Reporting.
D) It is a solution that facilitates transaction matching between systems in Central Finance.

Solutions: