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SAP P-S4FIN-2021 Exam Description:
PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available. - - - - - - - - - - - - - - - - The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application. This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself. The certificate issued for passing this exam will be valid for 5 years.
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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q33-Q38):
NEW QUESTION # 33
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Choice of deployment
- B. Choice of database
- C. Reduced footprint
- D. Reduced throughput
Answer: A,C
NEW QUESTION # 34
You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? Note: There are 2 correct answers to this question.
- A. Ledger group
- B. Transaction type
- C. Depreciation area
- D. Accounting principle
Answer: A,D
NEW QUESTION # 35
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question
- A. Sales order cost estimates
- B. Preliminary cost estimates
- C. Quotation costing
- D. Standard price cost estimates
Answer: B,C
NEW QUESTION # 36
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? Note:
There are 2 correct answers to this question.
- A. It requires a non-leading ledger for parallel valuations.
- B. It will NOT have any valuation view assigned to the ledger.
- C. It is available only for new installations.
- D. It utilizes separate amount columns in the same ledger.
Answer: B,D
NEW QUESTION # 37
What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809?
Note: There are 2 correct answers to this question.
- A. Enable COGS split for stock transfers and point-of-sale transactions.
- B. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.
- C. Enable COGS split for sales processes posted to internal orders and projects.
- D. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.
Answer: A,B
NEW QUESTION # 38
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