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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q22-Q27):

NEW QUESTION # 22
Which of the following are steps in an automated payment run process?
Note: There are 3 correct answers to this question.

A. Schedule payment run
B. Schedule invoice run
C. Schedule propose run
D. Maintain parameters
E. Upload bank statement

Answer: A,C,D

Explanation:
Comprehensive and Detailed in Depth Explanation:The automated payment run (e.g., "Schedule Payment" app) follows a structured process.
* B:Correct. Parameters (e.g., payment methods) are maintained first.
* D:Correct. Scheduling the payment run executes it.
* E:Correct. Proposal run is scheduled to preview payments.
* A, C:Incorrect. These are unrelated to the payment run process.References:SAP Help Portal -
"Automatic Payment Program."

NEW QUESTION # 23
What must you create when you build an integration scenario using the SAP Fiori Communication Management apps in SAP S/4HANA Cloud Public Edition?
Note: There are 2 correct answers to this question.

A. Communication API
B. Communication arrangement
C. Communication system
D. Communication interface

Answer: B,C

Explanation:
Comprehensive and Detailed in Depth Explanation:Integration in SAP S/4HANA Cloud requires communication setup.
* A:Correct. Defines the external system.
* B:Correct. Links the system to a scenario.
* C, D:Incorrect. These are predefined or not required.References:SAP Help Portal - "Communication Management."

NEW QUESTION # 24
Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note: There are 2 correct answers to this question

A. Use the Test system to demonstrate SAP Best Practice processes.
B. Conduct the Fit-to-Standard analysis to gather configuration values
C. Conduct the Digital Discovery Assessment to identify extension requirements.
D. Define the organizational structure and chart of accounts

Answer: B,D

Explanation:
In the Explore phase of the SAP Activate methodology for implementing SAP S/4HANA Cloud Public Edition, two crucial activities include defining the organizational structure and chart of accounts, and conducting the Fit-to-Standard analysis to gather configuration values. Defining the organizational structure and chart of accounts is essential for tailoring the SAP system to the specific business and reporting needs of the organization. The Fit-to-Standard analysis involves reviewing SAP Best Practices and standard functionalities against the business processes to identify necessary configurations and potential gaps, ensuring that the SAP solution aligns closely with the business requirements.
References:
SAP Activate Methodology Guide
SAP S/4HANA Cloud setup and configuration documentation

NEW QUESTION # 25
Which asset characteristic controls if an asset is under construction

A. Capitalization date
B. Depreciation key
C. Settlement profile
D. Asset class

Answer: D

Explanation:
In SAP S/4HANA Cloud Public Edition, the characteristic that controls whether an asset is under construction is the 'Asset class'. Asset classes are used to categorize assets and define the controlling parameters for asset postings, including whether the asset is under construction. Assets under construction are typically managed in their own asset class with specific configurations, such as capitalization date rules and depreciation keys, tailored to the treatment of construction in progress until they are ready to be capitalized and put into use.
References:
SAP S/4HANA Cloud Asset Management guide
SAP Help documentation on asset classes and assets under construction

NEW QUESTION # 26
On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

A. Fixed asset number
B. Customer reconciliation account
C. G/L account
D. Supplier account

Answer: C,D

NEW QUESTION # 27
......

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