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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A) It is a solution that can be integrated with Group Reporting.
B) It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
C) It is a solution that facilitates transaction matching between systems in Central Finance.
D) It is a solution embedded in the SAP S/4HANA core.

2. You try to assign an alternative account to a G/L account but receive an error message.
What can be the reason?

A) The alternative account has not been created for the company code.
B) You have not assigned the alternative chart of accounts to your company.
C) The alternative account is already assigned to another G/L account for the company code.
D) You have not assigned the alternative chart of accounts to your operational chart of accounts.

3. You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting. What is the cause of the error?

A) You have not closed the previous fiscal year.
B) You have not run the settlement for your assets under construction.
C) You have not posted depreciation completely.
D) You have incomplete asset master records.

4. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A) To generate automatic posting to correct intercompany discrepancy
B) To highlight solve intercompany data discrepancy triggering a workflow
C) To trigger elimination of intercompany revenues & costs based on rules configured
D) To generate automatic elimination of intercompany AR/AP balances

5. What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

A) It helps customers to collaborate to build flexible value chains.
B) It supports application development integration.
C) It provides data management analytics.
D) It supports customers in understing their stakeholder's needs.

Solutions: