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

1. Your company based in France has a permanent establishment in Switzerl where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerl?

A) Segment
B) Company code
C) Business area
D) Profit center

2. How does the system determine the relevant accounting principle when performing foreign currency valuation?

A) Via the valuation type
B) Via the valuation area
C) Via the valuation class
D) Via the valuation method

3. You define payment methods.
Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

A) Foreign currency allowed
B) Permitted Currencies
C) Payment Medium
D) Minimum maximum payment amounts

4. Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

A) IDoc
B) OData
C) RFC
D) SOAP

5. You want to include multiple company codes in a single payment run.
What are the prerequisites for the company codes?

A) They must belong to the same controlling area.
B) They must have the same configuration for payment transactions.
C) They must be located in the same country.
D) They must all belong to the same company.

Solutions: