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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. Which characteristic must be unique for each cash journal?

A) Currency
B) Tax code
C) Business transaction
D) G/L account

2. Which of the following are outcomes of the Fit-to-Standard workshop? Note: There are 3 correct Answers to this question.

A) Identification of source code changes
B) Extensibility solutions to close gaps
C) Solution impact on business processes
D) Expert configuration definition
E) Finalized scope and integration requirements

3. Your company is engaged in foreign commerce. As the buyer of goods you are applying for which instrument to secure the transaction?

A) Commerical Paper
B) Letter of Credit
C) Bank Guarantee
D) Zero-Coupon Bond

4. Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?

A) Commercial paper
B) Deposit at notice
C) Bilateral facility
D) Cash flow transaction

5. Which data is entered in the asset migration file for each asset master record?

A) Accumulated depreciation values in company code currency
B) Cumulative acquisition values in all currencies
C) Cumulative acquisition values in group currency
D) Accumulated depreciation values in group currency

Solutions: