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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q49-Q54):
NEW QUESTION # 49
What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.
- A. The type of payment notice sent to a customer
- B. The special G/L indicator for the down payment
- C. The account where a residual item is posted
- D. The exclusion of disputed residual items from credit limit checks
- E. The document type of the payment
Answer: A,C,D
NEW QUESTION # 50
You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?
- A. Individual supplier accounts with special G/L indicator
- B. Adjustment G/L account for foreign currency
- C. Alternative reconciliation G/L account
- D. Supplier reconciliation G/L account
Answer: B
NEW QUESTION # 51
You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.
- A. You have added an account to the wrong node it is included in the assets section.
- B. You have accounts that you have not assigned in the financial statement version.
- C. You selected account group assignment by balance for an account it is displayed as a liability.
- D. You have added an account to the liabilities node that belongs to the financial statement notes.
Answer: B,D
NEW QUESTION # 52
What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.
- A. Establish regular housekeeping tasks procedures.
- B. Define roles responsibilities as part of a process transformation office.
- C. Integrate clean core practices in the end-to-end value process chain.
- D. Establish an organizational structure technical foundation transformation methodology for clean core.
- E. Establish release management.
Answer: B,D,E
NEW QUESTION # 53
You have cleared a customer open item but want to undo this action.
What are the available options? Note: There are 2 correct answers to this question.
- A. Reverse the clearing document
- B. Reset reverse the clearing document
- C. Repost the clearing document
- D. Reset the clearing document
Answer: A,B
NEW QUESTION # 54
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