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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. Which process does the Content Lifecycle Management support?

A) Integrate with other solutions with minimum configuration
B) Migrate master records and balances from legacy systems
C) Extend standard processes with customer specific steps
D) Activate new best practices processes without disruption

2. Which substitution types can you configure for journal entry substitution rules? Note: There are 3 correct Answers to this question.

A) Substitute with field value
B) Substitute with previous value
C) Substitute with formula value
D) Clear field value
E) Substitute with constant value

3. You need to provide historical data as training input for SAP Cash Application. Which data can you use to train the application? Note: There are 2 correct Answers to this question.

A) Payment advices
B) Electronic bank statements
C) Liquidity forecast
D) Dunning notices

4. For which activity do you use SAP S/4HANA Cloud for Credit Integration? Note: There are 2 correct Answers to this question.

A) Calculate a customer's real-time credit limit based on a manual credit rating
B) Import customer credit ratings from external credit rating agencies
C) Supplement internal customer data to better monitor a customer's credit risk
D) Notify an external credit agency about outstanding customer payments

5. What are maintenance functions of the financial statement version (FSV) with the "Manage Global Hierarchies" app? Note: There are 2 correct Answers to this question.

A) Create draft hierarchy versions
B) Assign profit centers
C) Assign semantic objects
D) Create G/L account master data

Solutions: