The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have? Choose the correct answer.

• A.1
• B.3
• C.4
• D.5

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Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.

• A.Document number required
• B.Number of date fields required
• C.Reason code required
• D.Account required
• E.Company code required

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What are some of the benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question.

• A.The data is analyzed after it is extracted and loaded in the reporting system
• B.The data is summarized into higher levels of aggregates to help system performance
• C.The data is available in real time at line item detail
• D.The data is aggregated on the fly from any line item table

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You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment- What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this question.

• A.Number range and document types must be maintained
• B.Tax types and tax codes must be maintained
• C.Line item text templates must be maintained
• D.Posting period variant must be created and assigned

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For which activities can you use an extension ledger? Note: There are 2 correct answers to this question.

• A.Adjustments for consolidation purposes
• B.Parallel valuation of depreciation areas
• C.Simulation of foreign currency valuation
• D.Configuration of custom fields for financial statements

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