Accounts Payable & Accounts Receivable
"Which of the following statemens best describe a noted item?
Note: There are 2 correct answers to this question"

• A.It has an automatic statistical offsetting entry
• B.It can be used to remind the user about due payments
• C.It can be accessed by the payment program
• D.It updates the subledger and the general ledger

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General Ledger Accounting
For which account can you perform account clearing in SAP S/4HANA?

• A.For any account that is managed on an open item basis
• B.For any G/L account defined as reconciliation account
• C.For any balance sheet account managed on a line item basis
• D.For any account that is assigned to a financial statement version

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What is the purpose of the chart of depreciation?

• A.The chart of depreciation defines the asset classes for which you can create fixed assets
• B.The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
• C.The chart of depreciation manages country-specific legal valuation of fixed assets
• D.The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

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Accounts Payable & Accounts Receivable
"You want to configure the default baseline date for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this question."

• A.Goods receipt date
• B.Document date
• C.Value date
• D.Posting date
• E.Entry date

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Accounts Payable & Accounts Receivable
"Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this question."

• A.Payment type
• B.Payment method
• C.Terms of payment
• D.Payment transaction
• E.Baseline date

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