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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q47-Q52):

NEW QUESTION # 47
For which fields can you enter time-dependent changes in the asset master record? Note: There are 3 correct answers to this question

A. Cost center
B. WBS element
C. Trading partner number
D. Description
E. Plant

Answer: A,B,E

Explanation:
In the asset master record within SAP S/4HANA Cloud Public Edition, time-dependent changes can be entered for fields such as 'Cost center', 'Plant', and 'WBS (Work Breakdown Structure) element'. These fields may require updates over the asset's life due to operational changes, reorganizations, or project progress. Time-dependency allows for historical tracking and future planning of these attributes, ensuring that asset-related transactions and reports accurately reflect the asset's association with different organizational units and projects over time.
References:
SAP S/4HANA Cloud Asset Accounting documentation
Best practices for managing asset master data in SAP

NEW QUESTION # 48
Which asset accounting relevant postings are made periodically, typically at the end of the month?
Note: There are 2 correct answers to this question.

A. Depreciation Posting
B. Settlement of the WBS element
C. Post asset acquisition via clearing account
D. Post transfer of an asset

Answer: A,B

NEW QUESTION # 49
What can you do when executing a depreciation posting run?
Note: There are 3 correct answers to this question.

A. You can reverse the FI posting documents of the depreciation run
B. You can check the posted depreciation for each asset on the FI document
C. You can run depreciation separately for each ledger
D. You can process a depreciation test run for an individual asset
E. You can select to cancel the depreciation run if the program finds errors in individual assets

Answer: A,B,C

Explanation:
Comprehensive and Detailed in Depth Explanation:The "Depreciation Posting Run" app in SAP S/4HANA Cloud offers multiple functionalities.
* A:Correct. Depreciation details are visible in the FI document.
* B:Correct. Reversals are possible via the app.
* C:Correct. Separate runs per ledger are supported in multi-ledger setups.
* D, E:Incorrect. Cancellation and individual asset test runs are not standard features.References:SAP Help Portal - "Depreciation Posting Run."

NEW QUESTION # 50
Which of the following analyses can you create from the Manage KPis and Reports app? Note: There are 3 correct answers to this question

A. Multidimensional Reports
B. Lumira Dashboards
C. Review Booklets
D. Object Views
E. SAC Stories

Answer: A,D,E

Explanation:
From the 'Manage KPIs and Reports' app in SAP S/4HANA Cloud Public Edition, you can create analyses such as: A. SAC (SAP Analytics Cloud) Stories: These provide interactive visualizations and analytics capabilities, allowing for the creation of narrative and data-driven stories. B. Multidimensional Reports: These reports offer insights into business data from multiple perspectives and dimensions, enabling complex analyses. E. Object Views: These are specific views configured to display data related to a particular business object or process, allowing for targeted analysis and reporting.
References:
SAP S/4HANA Cloud analytics and reporting documentation
SAP Analytics Cloud user guides and best practices

NEW QUESTION # 51
A user complains that the financial statement they are producing reports the amounts posted to.. new G/L accounts under the "Unassigned" node. You check and all accounts are included in the... Translation under the correct nodes What causes the misreporting?

A. The FSV key date entered when running the report in the past.
B. The accounts are maintained under different nodes for debit and credit in the FSV.
C. The FSV nodes are assigned to pre-existing semantic tags assigned before the new G/L accounts were added.
D. The accounts are not assigned to a functional area and neither are their respective FSV nodes.

Answer: D

NEW QUESTION # 52
......

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