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

1. At which level do you define functional areas?

A) Client
B) Controlling area
C) Company code
D) Financial statement version

2. On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.

A) Account determination
B) Depreciation area
C) Asset Class
D) Chart of Accounts

3. You perform the depreciation run for your assets. For a specific asset you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.
How do you achieve this?

A) By setting the "identical" parameter as not activated in the account assignment configuration
B) By removing the cost center from the asset master data
C) By creating a substitution in Financial Accounting line items
D) By changing the corresponding error into a warning via configuration

4. Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

A) Business area
B) Functional area
C) Profit center
D) Segment

5. Where do you assign the group chart of accounts?

A) General ledger account
B) Operating chart of accounts
C) Company code
D) Company

Solutions: