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

1. Maximum how many special/valuation periods can be open at the same time?

A) 1
B) 4
C) 16
D) 2


2. 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


3. What does the posting key define? (There are two correct answers.)

A) Account type
B) Document type
C) Debit or credit line
D) Tax code


4. True or False: You need to assign the workflow variant to a company code to be able to perform standard workflow scenarios such as parked document approvals.

A) False
B) True


5. In the payment method settings for the company code, what options do you have for payment optimization?

A) Optimization by discount
B) Optimization by postal code
C) Optimization by due date
D) Optimization by bank group


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A,B,C
Question # 3
Answer: A,C
Question # 4
Answer: B
Question # 5
Answer: B,D

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