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

1. You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.

A) Fiscal year variant
B) Posting period variant
C) Source currency for group currency
D) Operating chart of accounts

2. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A) 05
B) 01
C) 10
D) 15

3. Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

A) Business area
B) Segment
C) Profit center
D) Functional area

4. Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

A) Interest indicator
B) Payment deadline
C) Line item grace period
D) Days in arrears

5. Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

A) 30 = Group currency
B) 60 = Global company currency
C) 40 = Hard currency
D) 00 = Document currency
E) 10 = Company code currency

Solutions: