Financial Closing
"You want to post journal entries in a special period.
Which conditions must be met?
Note: There are 2 correct answer to this question."

• A.You must enter a posting date in the last posting period.
• B.The last posting period must be open for posting in the period control.
• C.The balance carry-forward to the new fiscal year must have taken control.
• D.The special period must be open for posting in the period control.

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"Organizational Assignments and Process Integration "
"In your SAP S/4HANA system, you want to archive the G/L account that are not ised by the business in any company code.
What are prerequisities to archiving all data of a G/L account?
Note: There are 3 correct answers to this question"

• A.Set the deletion flag in the company code data of the G/L account.
• B.Transaction figured are older than a customizable amount of years.
• C.The blocked for posting indicator is set fot the G/L account.
• D.There are no transaction figures for the account.
• E.Set the deletion flag in the chart of accounts data of the G/L account.

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Financial Closing
"Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 2 correct answers to this question."

• A.Regroup receivables and payables on the balance sheet.
• B.Perform valuations of open items in foreigh currency.
• C.Run pla assessment cycles for profit centers.
• D.Update product cost estimates with standard prices.

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Financial Closing
"To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question"

• A.Release the task list
• B.Create a template
• C.Define task dependencies
• D.Define the person responsible for tasks
• E.Create task groups

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"Organizational Assignments and Process Integration "
"What does the document type control?
Note: There are 2 correct answers to this question."

• A.Whether text is required on line item level
• B.Which account types are allowed for postings
• C.Whether negative postings are permitted
• D.Which posting keys are allowed for postings

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