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

1. Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

A) OData
B) RFC
C) SOAP
D) IDoc

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

A) It is a solution that facilitates transaction matching between systems in Central Finance.
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 requires the parallel implementation of SAP Group Reporting Data Collection.

3. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

A) The exclusion of disputed residual items from credit limit checks
B) The type of payment notice sent to a customer
C) The special G/L indicator for the down payment
D) The document type of the payment
E) The account where a residual item is posted

4. You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.

A) You have accounts that you have not assigned in the financial statement version.
B) You have added an account to the liabilities node that belongs to the financial statement notes.
C) You have added an account to the wrong node it is included in the assets section.
D) You selected account group assignment by balance for an account it is displayed as a liability.

5. What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

A) Establish regular housekeeping tasks procedures.
B) Establish release management.
C) Establish an organizational structure technical foundation transformation methodology for clean core.
D) Integrate clean core practices in the end-to-end value process chain.
E) Define roles responsibilities as part of a process transformation office.

Solutions: