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

1. What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A) It must always post in real time.
B) It must be linked to leading ledger OL.
C) It cannot take over values from other areas.
D) It must be defined as a cost accounting valuation area type.

2. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

A) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
B) Line item valuation for balance sheet accounts defined as open item management
C) Line item valuation for balance sheet accounts not defined as reconciliation account
D) Balance valuation on items for balance sheet accounts not defined as open item management

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

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

4. Which date must the system determine when you enter an invoice that needs to be paid?

A) Baseline date
B) Reference date
C) Order date
D) Payment date

5. Which object is used to directly support the preparation for consolidation?

A) Ledgers/Ledger Groups
B) Functional Areas
C) Segments/Profit Centers
D) Company/Trading Partner

Solutions: