The SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Certification Sample Question Set on this page is designed to familiarize you with the actual SAP P_S4FIN_2023 exam format and question types. These basic sample questions help you understand the structure of the test and what to expect. While these questions provide a good starting point, they are just a glimpse of the real exam scenario. To get familiar with more exam properties, we suggest you try our Sample SAP S/4HANA Cloud Private Edition Financials for SAP ERP Certification Practice Test.
This Sample SAP P_S4FIN_2023 Certification Practice Exam is intended for evaluation purposes only. If you are planning to take the SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP and want to thoroughly test your SAP S/4HANA knowledge to identify any weak areas, we strongly recommend starting your preparation with our Premium SAP S/4HANA Cloud Private Edition Financials for SAP ERP Certification Practice Exam. Our premium practice tests offer an extensive set of scenario-based questions that closely simulate the actual exam environment. By using our premium SAP S/4HANA Cloud Private Edition, Financials for SAP ERP exams, you can ensure comprehensive coverage of all necessary topics, significantly boosting your confidence and increasing your chances of success on your certification exam.
SAP S/4HANA Cloud Private Edition Financials for SAP ERP Sample Questions:
01. What is the role of SAP Fiori in SAP S/4HANA?
Please choose the correct answer.
a) It acts as the underlying database for SAP S/4HANA
b) It is a set of tools for backend system configuration
c) It provides a modern, user-friendly interface for SAP S/4HANA applications
d) It is used for data archiving in SAP S/4HANA
02. How does SAP S/4HANA support business transformation?
Please choose the correct answer.
a) By maintaining traditional business processes without changes
b) Through enhanced scalability and flexibility in business processes
c) By focusing solely on financial transformation
d) Through limiting access to real-time data
03. What is a primary benefit of using SAP HANA for businesses?
Please choose the correct answer.
a) Enhanced data processing speed and real-time analytics
b) Exclusive focus on financial data
c) Increased reliance on manual data processing
d) Reduced need for IT support
04. In what way does SAP Fiori improve the user experience?
Please choose the correct answer.
a) By providing complex and customizable interfaces
b) Through a consistent and modern user interface across all applications
c) By limiting access to essential applications only
d) Through the use of traditional SAP GUI screens
05. What are the improvements to new cash pooling?
There are 2 correct answers to this question.
a) The balance before concentration and the simulated balance after the concentration can be compared.
b) You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.
c) Different payment methods for payment requests can be specified in different paying company codes.
d) The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
e) cash pooling include improved tolerance settings and enhanced payment method flexibility.
06. After the migration to SAP S/4HANA 2021, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator.
What might be the cause of this?
There are 2 correct answers to this question.
a) Before the migration, the company code was NOT linked to a controlling area.
b) The controlling area linked to the company code was defined with currency type 20.
c) Before the migration, the company code did NOT have any parallel currencies defined.
d) Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
07. What can you do in the extension ledgers configuration?
Please choose the correct answer.
a) You can link an accounting principle to a ledger group that contains an extension ledger.
b) You can assign a freely defined currency type to an extension ledger.
c) You can manually create a new ledger group that contains an extension ledger.
d) You can create an extension ledger for which the underlying ledger is an extension ledger.
08. Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, you receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request.
What is the reason?
Please choose the correct answer.
a) The migration is NOT set to complete.
b) The client role is set to test in the client maintenance.
c) This is a new feature in SAP S/4HANA as proof of change.
d) The authorization to save the posting periods is missing.
09. During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO?
Please choose the correct answer.
a) Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
b) Because the system displays an error if the sum of aggregated line items differs from the balance
c) Because all balances from the past years are stored in the universal journal
d) Because a delta between all line items and the balance of every account will be updated in the universal journal
10. Which of the following front-end clients can you NOT use in the standard system for SAP Business Planning and Consolidation for SAP S/4HANA Finance?
Please choose the correct answer.
a) SAP Fiori
b) SAP GUI
c) SAP Business Client
d) SAP BusinessObjects Analysis for Microsoft Office
Quick Tips:
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SAP includes a note: "There are 'N' correct answers to this question" in the actual SAP S/4HANA Cloud Private Edition Financials for SAP ERP Certification Exam.
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SAP does not ask "True or False" type questions in the actual SAP P_S4FIN_2023 Exam.
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SAP provides an option to increase (+) or decrease (-) the font size of the test screen for better readability in the actual SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Exam.
Solutions:
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Question: 01
Answer: c
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Question: 02
Answer: b
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Question: 03
Answer: a
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Question: 04
Answer: b
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Question: 05
Answer: a, d, e
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Question: 06
Answer: b, c
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Question: 07
Answer: a, d
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Question: 08
Answer: b
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Question: 09
Answer: d
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Question: 10
Answer: b
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Note: If you find any typos or data entry errors in these SAP S/4HANA Cloud Private Edition, Financials for SAP ERP (P_S4FIN_2023) sample questions, please let us know by emailing us at feedback@erpprep.com
