Question 1

What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.

AReconciliation for entities in asset accounting is NOT included.

BArchived data CANNOT be enriched with the new currency.

CNew currency fields are NOT updated for existing data.

DCalculated values are NOT added to the ACDOCA.

Answer : A, B

Question 2

A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

AIt is still limited to 999 line items but you can configure summarization on certain criteria.

BIt is automatically extended to 999999 line items.

CIt is now a compatibility view without number restrictions.

DIt is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

Answer : A

Question 3

You post an asset acquisition with a purchase order. How is the asset acquisition value posted?

AValuated acquisition is posted at settlement

BValuated acquisition is posted at invoice receipt.

CNon-valuated acquisition is posted at invoice receipt.

DNon-valuated acquisition is posted at goods receipt-

Answer : C

Question 4

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

ACost-based CO-PA can still be used in parallel.

BCharacteristics will be added to the universal journal.

CValue fields will be added to the universal journal.

DHistorical data will be enriched with characteristics by derivation

ECost component split (COGS) can be configured in financial accounting.

Answer : A, B, E

Question 5

You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

AA non-leading ledger

BThe summarization in ACDOCA

CAn extension ledger

DZero balance indicator for profit center

Answer : B, C

Free Practice Questions for SAP P_S4FIN_2023 Exam

Question 1

Question 2

Question 3

Question 4

Question 5