P-S4FIN-1610 Valid Test Registration & Sap Exam P-S4FIN-1610 Preview - SAP Certified Application Professional Financials In SAP S/4HANA 1610 For SAP ERP Finance Experts - Omgzlook

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P-S4FIN-1610 PDF DEMO:

QUESTION NO: 1
The customers and vendors balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable.
Why do you NOT need to execute this program?
Please choose the correct answer.
Response:
A. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
B. Because balance carryforward was performed for the leading ledger in general ledger
C. Because balance carryforward was performed automatically when closing the previous year
D. Because balance carryforward was performed automatically due to postings to the subledgers in the new year
Answer: B

QUESTION NO: 2
In which of the following CO transactions is it NOT possible to enter a ledger goup?
Response:
A. Reposting of Revenues (KB41N)
B. Activity Allocation (KB21N)
C. Reposting of Primary Costs (KB11N)
D. Cost Allocation (KB15N)
Answer: B

QUESTION NO: 3
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions?
Note: There are 3 correct answers to this question.
Response:
A. Cost element categories
B. Value field
C. Billing condition types.
D. Profit center
E. G/L accounts
Answer: A,C,E

QUESTION NO: 4
Which of the following are key benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question.
Response:
A. Choice of database
B. Choice of deployment
C. Reduced throughput
D. Reduced footprint
Answer: B,D

QUESTION NO: 5
What processes do you perform as part of liquidity management?
Note: There are 3 correct answers to this question.
Response:
A. Perform planning
B. Review credit standing
C. Forecast balances
D. Monitor cash flow
E. Post credit memos
Answer: A,C,D

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Updated: May 28, 2022