Last Updated: Jul 21, 2026
No. of Questions: 250 Questions & Answers with Testing Engine
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| Section | Objectives |
|---|---|
| Closing Operations | - Period-end closing activities
|
| SAP S/4HANA Financial Integration | - Integration with Controlling (CO)
|
| Financial Accounting Fundamentals in SAP S/4HANA | - General Ledger Accounting (G/L)
|
| Accounts Receivable (A/R) | - Customer master data
|
| Asset Accounting | - Asset master data and acquisition
|
1. For general ledger account posting, which one of the following standard posting keys is for debit?
Response:
A) 50
B) 31
C) 40
D) 01
2. What are the reasons to perform regrouping of receivables and payables? (There are three correct answers.)
A) To align amounts on accounts with changed reconciliation accounts
B) To group payables and receivables based on the due dates
C) To simplify and speed up dunning selection processing
D) To prioritize balance confirmation printing by postal code
E) To display receivables and payables separately
3. True or False: A customer account can be defined as the clearing account for cross-company code postings.
A) True
B) False
4. You use the lowest value valuation method with active delta logic. Your open item was posted at 200 units of foreign currency, which originally translated to 100 units of local currency, and the previous period it was 98 units. In the preceding foreign currency valuation run, the program posted a value of -1 currency units. What was the value in local currency units at the time of valuation?
A) 101
B) 99
C) 97
D) 98
5. True or False: If you maintain a single value for the retained earnings account, then for any P&L G/L account you create, the P&L statement account type is assigned automatically.
A) True
B) False
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B,E | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |
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