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

1. You want to post a reversal for a document posted in a closed posting period.
Which object do you configure to allow you to enter the reversal with a date different from the original document?

A) Company code
B) Reversal reason
C) Reversal method
D) Document type

2. You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.

A) You have accounts that you have not assigned in the financial statement version.
B) You have added an account to the liabilities node that belongs to the financial statement notes.
C) You selected account group assignment by balance for an account it is displayed as a liability.
D) You have added an account to the wrong node it is included in the assets section.

3. SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

A) Budgeted costs for a cost center
B) Plan depreciation amounts
C) Secondary costs resulting from an assessment
D) Intercompany postings
E) Primary costs resulting from a distribution

4. On which level do you maintain the currency translation ratio between two currencies?

A) Currency type
B) Valuation type
C) Document type
D) Exchange rate type

5. Which model can be used for ABAP cloud-native development?

A) ABAP RESTful Application Programming Model
B) The ABAP Cloud Development Model
C) The SAP S/4HANA Cloud Extensibility Model

Solutions: