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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?
Choose the correct answers.
Response:

A) Inventory number
B) Cost center
C) Description of the asset
D) License plate number

2. True or False: You can assign G/L accounts to any item level in the FSV hierarchy.

A) False
B) True

3. In the trial balance report that is based on line items, how many fields can you select to report on?

A) More than 100
B) Around 50
C) Fixed for 10
D) More than 500

4. Which of the following assignments can be adjusted for the company code? (There are three correct answers.)

A) Company
B) Chart of accounts
C) Fiscal year variant
D) Segment
E) Leading ledger

5. True or False: When using the accounts approach to parallel valuation for mapping to accounting principles, you'll essentially double the G/L accounts in the chart of accounts.

A) False
B) True

Solutions: