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Continuous update for question bank

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

1. At which level do you define functional areas?

A) Financial statement version
B) Controlling area
C) Client
D) Company code

2. Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?

A) Business Network
B) Experience Management
C) Industry Cloud
D) Intelligent Suite

3. On which level do you maintain the currency translation ratio between two currencies?

A) Document type
B) Valuation type
C) Exchange rate type
D) Currency type

4. Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A) Profit centers
B) Document splitting
C) Business areas
D) Profitability segments
E) Segments

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

Solutions: