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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610) Sample Questions:

1. With the automatic clearing program, a user can clear open items for which of the following items?
Choose the correct answers.
Response:

A) General ledger
B) Subledger accounts
C) Special general ledger indicator
D) Currency

2. True or False: A negative posting reversal debits the credit line items and debits the credit line items of
the original document.

A) True
B) False

3. You have to map two accounting principles for accounting. Using the accounts approach to parallel
valuation in SAP S/4HANA, which ledger must you use?

A) No ledger
B) Leading ledger
C) Extension ledger
D) Special Purpose ledger

4. Which of the following is the first step in the variant principle?
Response:

A) Define variant
B) Assign the variant to the objects
C) Determine values for the variant
D) Create multiple variants

5. Why might you define options to have manually allocated item keys for the financial statement version
(FSV)?

A) To be able to assign the same key to two multiple objects
B) To be able to assign functional areas to the items
C) To be able to define if you want to summarize at the item level
D) To be able to enter an explanatory text for the item key

Solutions: