Free SAP P-S4FIN-2023 Exam Dumps Questions & Answers

On what level can you assign a fiscal year variant to a company code?

• A.Ledger group, for standard ledger type
• B.Ledger, for any type of ledger
• C.Ledger, forstandard ledger type
• D.Ledger group, for any type of ledger

Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

• A.Reconciliation account
• B.Classic open item management
• C.Extended open item management
• D.Ledger specific open item management

Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard conversion. Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.

• A.You cannot configure and activate document splitting during conversion.
• B.You must continue to use Special Purpose Ledger for preparation for consolidation.
• C.You must configure profit center and segment accounting.
• D.You must use the accounts approach to parallel valuation.
• E.You must define valuation areas for foreign currency valuation.

In an SAP S/4HANA system, which of the following features is mandatory?

• A.Margin analysis
• B.Actual costing
• C.Parallel ledgers
• D.Material ledger

What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.

• A.Incoming sales orders
• B.CO-PA valuated insurance costs
• C.Standard cost of goods sold
• D.Actual revenue