SAP P_S4FIN_2021 Quiz 17 Topic 2 Questions 81-85

Question: 1

Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?

ACreate a BP type for each industry category in the customer/vendor accounts.

BCreate a BP grouping for each customer and vendor account group.

CCreate a BP role for each customer and vendor account group.

DCreate a BP category for each legal form maintained for customers/vendors.

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Question: 2

What is One Exposure from Operations?

AIt is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.

BIt is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term LJ financial demands with the current business Operation.

Cit is a standalone SAP NetWeaver system that handles Cash Operations integration.

DIt is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.

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Question: 3

Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, you receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request. What is the reason? Please choose the correct answer.

AThe client role is set to test in the client maintenance.

BThis is a new feature in SAP S/4HANA as proof of change.

CThe migration is NOT set to complete.

DThe authorization to save the posting periods is missing

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Question: 4

What function of cash management allows you to create historical versions of cash flows? Please choose the correct answer.

ARelease cash flows

BSnapshot

CReconcile cash flows

DCash pooling

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Question: 5

With SAP S/4HANA simplified logistics, which of the following are relevant to the material

ledger? Note:

There are 2 correct answers to this question.

AThe migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.

BThe material ledger uses the currencies defined in both the leading and non-leading ledgers.

CThe migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.

DThe material ledger with actual costing requires a periodic costing run to update inventory values.

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SAP P_S4FIN_2021 Quiz:17 Topic:2 Questions:81-85