SAP EDUCATION

SAMPLE QUESTIONS: P_S4FIN_1610

SAP Certified Application Professional - Financials in SAP S/4HANA 1610 for SAP ERP Financials Experts

Disclaimer: These sample questions are for self-evaluation purposes only and do not appear on the actual certification exams.
Answering the sample questions correctly is no guarantee that you will pass the certification exam. The certification exam
covers a much broader spectrum of topics, so do make sure you have familiarized yourself with all topics listed in the exam
competency areas before taking the certification exam.

1. After the migration to SAP S/4HANA 1610, you notice in the currency configuration of the company
code that the global currency has the "Currency Is Only Available In Controlling" indicator.

What might be the cause of this?

Note: There are 2 correct answers to this question.

a) O Before the migration, the company code was NOT linked to a

controlling area.

b) O The controlling area linked to the company code was defined

with currency type 20.

c) O Before the migration, the company code did NOT have any
parallel currencies defined.

d) O Before the migration, the group currency of the controlling area

was defined as a parallel currency in the company code.

2. How do you compensate for the technical clearing account NOT balancing in all accounting principles
with the accounts approach for parallel valuation?

Please choose the correct answer.

a) O By running the monthly depreciation posting

b) O By running the periodic acquisition and production cost posting

c) O By entering manual corrective clearing transfer postings

d) O By maintaining the offset account in the asset account

determination
3. What are planning level and planning group used for in SAP Cash Management?

Note: There are 2 correct answers to this question.

a) O  Planning level is used to differentiate between strategic,

business, and operational plan.
 Planning group is used to group assets by order of
liquidity: petty cash, bank, AR/AP, investments, etc.

b) O  Planning group is used to group customers and vendors

to enable accurate forecast.
 Planning level is used to control displays in SAP Cash
Management and to differentiate between noted item,
purchase order, bank account, etc.

c) O  Planning level is used in the company code data of the

business partner to control accounts receivable and
accounts payable in SAP Cash Management.
 Planning group is used in the G/L account data to enable
the liquidity forecast.

d) O  Planning level and planning group are used in the

configuration of the grouping structure, which enables
you to group bank and subledger accounts together in
the cash position or the liquidity forecast.

4. What are the improvements to new cash pooling?

Note: There are 2 correct answers to this question.

a) O The balance before concentration and the simulated balance

after the concentration can be compared.

b) O You can set deficit and excess tolerances. If the balance is

between the tolerances, no transfer is made.

c) O Different payment methods for payment requests can be

specified in different paying company codes.
d) O The business user can define "expected amount" and "minimal
movement amount" for every bank account without
configuration.

5. 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.

a) O Because balance carryforward was carried out by the Reconcile

Universal Journal Entry transaction since the reconciliation
displayed NO error
b) O Because balance carryforward was performed automatically due
to postings to the subledgers in the new year

c) O Because balance carryforward was performed for the leading

ledger in general ledger

d) O Because balance carryforward was performed automatically

when closing the previous year

6. What can you do in the extension ledgers configuration?

Please choose the correct answer.

a) O You can manually create a new ledger group that contains an

extension ledger.

b) O You can assign a freely defined currency to an extension ledger.

c) O You can link an accounting principle to a ledger group that

contains an extension ledger.
d) O You can create an extension ledger for which the underlying
ledger is an extension ledger.

7. Which of the following front-end clients can you NOT use for SAP Business Planning and Consolidation
(BCP) Optimized for SAP S/4HANA Finance?

Please choose the correct answer.

a) O SAP Fiori

b) O SAP GUI

c) O SAP Business Client

d) O SAP BusinessObjects Analysis for Microsoft Office

8. Why is it necessary to migrate balances for FI and CO?

a) O Because the system posts FI/CO documents for all missing line
items by comparing them to the balance of the account

b) O Because the system displays an error if the sum of aggregated

line items differs from the balance

c) O Because all balances from the past years are stored in the
universal journal

d) O Because a delta between all line items and the balance of every
account will be updated in the universal journal
9. Your customer upgraded a system to SAP S/4HANA for test reasons. 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.

a) O The migration is NOT set to complete.

b) O The client role is set to test in the client maintenance.

c) O This is a new feature in SAP S/4HANA as proof of change.

d) O The authorization to save the posting periods is missing.

10. You migrate a system from SAP ERP with classic G/L to SAP S/4HANA.

Which activities must you perform in the productive SAP S/4HANA system before the software is
installed?

Note: There are 3 correct answers to this question.

a) O Run balance sheets and G/L account balances.

b) O Activate new Asset Accounting.

c) O Perform G/L customizing for migration.

d) O Start the RAPERB2000 asset report.

e) O Post required documents in FI and CO.

Solutions

1 a) Incorrect 2 a) Incorrect 3 a) Incorrect 4 a) Correct 5 a) Incorrect

1 b) Correct 2 b) Incorrect 3 b) Correct 4 b) Incorrect 5 b) Incorrect

1 c) Correct 2 c) Incorrect 3 c) Incorrect 4 c) Incorrect 5 c) Correct

1 d) Incorrect 2 d) Correct 3 d) Correct 4 d) Correct 5 d) Incorrect

6 a) Incorrect 7 a) Incorrect 8 a) Incorrect> 9 a) Incorrect 10 a) Correct

6 b) Incorrect 7 b) Correct 8 b) Incorrect> 9 b) Correct 10 b) Incorrect

6 c) Correct 7 c) Incorrect 8 c) Incorrect> 9 c) Incorrect 10 c) Incorrect

6 d) Incorrect 7 d) Incorrect 8 d) Correct> 9 d) Incorrect 10 d) Correct

10 e) Correct

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