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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. What are semantic tags used for in SAP S/4HANA Cloud?

A) To separate local and international accounts
B) To calculate KPI's in analytics reports
C) To report on differing valuation versions
D) To indicate the functional areas in which costs are incurred

2. Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?

A) Smart contracts
B) Extension ledger
C) Distributed ledger
D) Machine learning

3. Which business scenarios does the Two-Tier ERP deployment scenario offer? Note: There are 2 correct Answers to this question.

A) Single-source synchronous system update implementation
B) Integration of new acquisitions to the corporate infrastructure
C) Reporting and analytics across the subsidiary ecosystem
D) Centrally managed ticketing and support service network

4. Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? Note:
There are 2 correct Answers to this question.

A) Set the reconciliation status open in the Cash Flow Analyzer
B) Perform the required settings for importing bank statements
C) Define the tolerance groups for cash flow reconciliation
D) Activate intraday memo records at the bank account level

5. Which of the following postings update the ACDOCA universal journal table? Note: There are 2 correct Answers to this question.

A) Plan cost center allocation
B) Posting to statistical project
C) Commitment values from purchase order
D) Enter statistical key figure values

Solutions: