High pass rate

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

1. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A) To generate automatic elimination of intercompany AR/AP balances
B) To trigger elimination of intercompany revenues & costs based on rules configured
C) To highlight solve intercompany data discrepancy triggering a workflow
D) To generate automatic posting to correct intercompany discrepancy

2. You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.

A) The residual item becomes a new receivable.
B) The residual item is written off to a cost account.
C) Both the original open item the residual item remain on the account as open items.
D) The original document the payment are cleared.

3. Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?

A) Intelligent Suite
B) Experience Management
C) Business Network
D) Industry Cloud

4. The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.

A) Contingent Workforce
B) Procurement
C) Sales
D) Human Capital Management
E) Travel

5. What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answers to this question.

A) The segment appears in the screen layout for asset master data.
B) The segment is automatically updated in existing asset master data.
C) The segment appears in the additional account assignment configuration.
D) The segment activation can be reversed.

Solutions: