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

1. True or False: You can install as many best practice packages as needed in the same client.

A) True
B) False

2. Which business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer
Response:

A) One-time payment for one-year cloud storage service
B) Monthly rent payments for an office building
C) Monthly subscription to a financial newspaper
D) One-time payment for fixing flooding damage

3. On which level is the workflow variant assigned?

A) Business partner
B) Profit center
C) Company
D) Company code

4. What is the first step in the reconciliation process?
Response:

A) Communicate differences
B) Collect data from different companies
C) Present reconciled and non-reconciled data

5. When creating a G/L account and there are conflicting field statuses, which field status has the highest priority?

A) Suppress
B) Display
C) Optional
D) Required

Solutions: