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| Section | Weight | Objectives |
|---|---|---|
| SAP Activate Methodology and Cloud Implementation | 12% | - Fit-to-Standard workshops - SAP Activate phases for cloud - Best practices and scope items |
| Asset Accounting | 14% | - Asset classes and master data - Depreciation and valuation - Period-end closing for assets - Acquisitions, retirements, transfers |
| Integration and Data Migration | 6% | - Integration with other modules - Data migration using SAP tools |
| Financial Closing and Reporting | 10% | - Period-end and year-end close - Embedded analytics and reporting - Financial statement configuration |
| Organizational Units and General Ledger | 22% | - Accruals and deferrals - Organizational structures in finance - Journal entry processing - Chart of accounts and ledgers |
| Accounts Payable | 18% | - Invoice processing and verification - Vendor master data - Special G/L transactions - Payment runs and clearing |
| Accounts Receivable | 18% | - Incoming payments and dunning - Down payments and guarantees - Invoice and credit memo processing - Customer master data |
1. Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?
A) Bilateral facility
B) Deposit at notice
C) Cash flow transaction
D) Commercial paper
2. 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) Dunning notices
B) Electronic bank statements
C) Payment advices
D) Liquidity forecast
3. For which objects can you perform budget availability control? Note: There are 2 correct Answers to this question.
A) Cost Center
B) Profit Center
C) Project
D) Internal Order
4. You are implementing SAP S/4HANA Cloud for a company that manufactures bicycles and bicycle parts.
The accountant is confused with the available account types. When creating an account for costs of printing marketing materials, which account type should they choose?
A) Primary cost account
B) Secondary cost account
C) Balance Sheet
D) Non-operating expense
5. What are semantic tags used for in SAP S/4HANA Cloud?
A) To report on differing valuation versions
B) To calculate KPI's in analytics reports
C) To separate local and international accounts
D) To indicate the functional areas in which costs are incurred
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C,D | Question # 3 Answer: C,D | Question # 4 Answer: A | Question # 5 Answer: B |
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