Free SAP P-S4FIN-2020 Exam Dumps Questions & Answers

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

• A.  Define two valuation areas and two accounting principles with relevant links to ledgers
• B.  Define a valuation area and ledger group for two ledgers to link with the new valuation area.
• C.  Define two valuation methods and assign the accounting principles to the new valuation method
• D.  Define a valuation area and extension ledger to link with the new valuation area

What data for asset accounting is stored in the universal journal?

• A.  Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
• B.  Actual depreciation of all depreciation area that are set to post depreciation periodically
• C.  Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
• D.  Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.

You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

• A.  Specify the document types for the Extension Ledger
• B.  Select an underlying ledger for the Extension Ledger
• C.  Assign a Fiscal Year variant to the Extension Ledger
• D.  Specify currency types for the Extension Ledger

A document can have up to 999999 line items in the universal journal (reposing or G/L view). How does this affect the entry view (table BSEG)?

• A.  The entry view is also based on the universal journal
• B.  It is extended to 999999 line items
• C.  The system splits the single entry into multiple documents as required
• D.  It is limited to 999 items

You create a G/L account and set the cost element category to 42 (assessment).In what table is the cost element category updated?

• A.  SKA1: G/L Account Plaster (Chart of Accounts)
• B.  SKBI : G/L Account Plaster (Company Code)
• C.  CSKB :Cost Elements (Data Dependent on Controlling Area)
• D.  CSKA: Cost Elements (Data Dependent on chart of Accounts)