When you post a payment for an invoice, how does the system derive the splitting characteristics?

• A.Inheritance
• B.Active document splitting
• C.Default assignment
• D.Passive document splitting

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What are the two phases of AuC that are relevant to Asset Accounting? Choose the correct answers. (2)

• A.Assets transfer phase
• B.Useful life phase
• C.Accounting phase
• D.Under-construction phase

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Which statements best describe a profit center?
Note: There are 2 correct answers to this question.

• A.It is an element for which separate balance sheet and P&L statements can be created.
• B.It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
• C.It is the only object that can be uniformly derived using segments.
• D.It is the only object from which segments can be uniformly derived.

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How does SAP S/4 HANA support the treatment of taxes? There are 3 correct answers to this question.

• A.It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
• B.It performs tax adjustments for cash discounts and other forms of deductions.
• C.It performs the adjustment to the tax codes and automatically updates the procedure.
• D.It posts the tax amount to tax accounts.
• E.It checks the tax amount entered and automatically calculates the tax.

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Which edition of SAP S/4HANA introduced the universal journal?
Please choose the correct answer.
Response:

• A.SAP S/4HANA 1511
• B.SAP Business Suite powered by SAP HANA
• C.SAP S/4HANA Cloud
• D.SAP S/4HANA Finance 1503

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