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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. To which object do you assign valuation methods?

A) Valuation area
B) Account assignment
C) Accounting principle
D) Valuation procedure

2. Maximum how many special/valuation periods can be open at the same time?

A) 2
B) 4
C) 16
D) 1

3. What are the reasons to perform regrouping of receivables and payables? (There are three correct answers.)

A) To prioritize balance confirmation printing by postal code
B) To simplify and speed up dunning selection processing
C) To group payables and receivables based on the due dates
D) To display receivables and payables separately
E) To align amounts on accounts with changed reconciliation accounts

4. For which kind of asset is the asset main text always prefilled?

A) Asset subnumbers
B) Group assets
C) Mass-created assets
D) Asset super numbers

5. On what basis does the system determine the period for the asset retirement?
Response:

A) Asset value date (asset retirement date)
B) Net book value

Solutions: