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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610) Sample Questions:

1. When should fiscal year close for Asset Accounting be carried out?

A) Directly after balance carryforward
B) Directly before balance carryforward
C) When the last nonspecial period of the previous year is closed
D) When the previous fiscal year is closed

2. You indicate that you're posting to the ledger group of an extension ledger.
How many ledgers are updated?

A) The leading ledger and the extension ledger
B) It depends on the ledgers grouped in the ledger group
C) The extension ledger and the underlying ledger
D) Only the extension ledger

3. Which of the following are the steps of Intercompany reconciliation?
Choose the correct answers.
Response:

A) Document selection and data storage
B) Automatic presentation of reconciled and non-reconciled data
C) Manual reconciliation and communication
D) Automatic assignment of documents

4. True or False: You execute data aging separately for each data aging object.

A) False
B) True

5. For which of the following transactions can you use noted items?
Choose the correct answer.
Response:

A) Vendor payment
B) Customer payment
C) Late payment
D) Down payment request

Solutions: