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

1. 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) Zero-Coupon Bond
C) Bank Guarantee
D) Letter of Credit

2. Why do you perform realignment in Profitability Analysis (CO-PA)?

A) To correct exchange rate valuation
B) To correct posted general ledger accounts
C) To adjust assigned characteristics
D) To adjust derived value fields

3. When processing a cross-company code transaction between 3 company codes, what is the minimum number of journal entries posted by the system?

A) 1
B) 4
C) 6
D) 3

4. What does the journal entry type control?

A) The types of accounts allowed to be posted to
B) The ledgers updated by the posting values
C) The transaction currency types allowed to be posted
D) Whether a posting posts a debit or credit value

5. Which technology is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications?

A) SQLConnect function
B) Direct connectivity
C) SAP Landscape Transformation Replication Server
D) SAP Change and Transport System

Solutions: