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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. True or False: You can install as many best practice packages as needed in the same client.

A) True
B) False

2. Which of the following are the different history sheet groups that each version of asset history sheets can contain?
Choose the correct answers.
Response:

A) Book values at the end of the fiscal year
B) Reposting
C) Imputed interest
D) Acquisitions

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

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

4. When you post an amount to an asset in the LVA class that is above the threshold for the maximum value, how does the system respond?

A) The system posts the value up to the LVA threshold and posts the rest to the generated asset subnumber.
B) You receive a warning message; the asset is posted, but the depreciation key is adjusted to normal depreciation.
C) The system adjusts the asset quantity to the value that keeps the asset below the maximum threshold.
D) The system produces an error message; for you to post, you must split the asset or post to another asset class.

5. True or False: In both the ledger and accounts approach, the technical clearing account is posted to by all accounting-principle-specific documents.

A) True
B) False

Solutions: