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 P_S4FIN_2021 Dumps with Practice Exam Questions Answers

Questions: 186 questions

Last Update: Nov 24, 2022

SAP Certification Exam P_S4FIN_2021 has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

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P_S4FIN_2021 Questions and Answers

Question # 1

On which levels can you assign different technical clearing accounts for integrated acquisition in asset accounting. NOTE: There are 2 correct answers to this question


Chart of accounts


Transaction code


Account determination


Company code

Question # 2

In your SAP S/4HANA system, ledger group LI is assigned to a US GAAP accounting principle. You want to assign ledger group to the LI to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?


You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger


The US GAAP values need to be reported in USG-but-the company code currency is defined as L1 EUR.


One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.


You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

Question # 3

For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question


Functional area


Customer group


Sales region


Profit center

Question # 4

Which of the following front-end clients can you NOT use in the standard system for SAP Business Planning and Consolidation for SAP S/4HANA Finance? Please choose the correct answer.


SAP Business Client




SAP Fiori


SAP BusinessObjects Analysis for Microsoft Office

Question # 5

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset


There are 3 correct answers to this question.


Close all fiscal years except the current one


Define depreciation area for all currency types


Activate Enterprise Extension EA-FIN


Define a technical clearing account for integrated acquisitions


Assign accounting principle to all depreciation areas