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

1. Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? Note:
There are 2 correct Answers to this question.

A) Activate intraday memo records at the bank account level
B) Set the reconciliation status open in the Cash Flow Analyzer
C) Define the tolerance groups for cash flow reconciliation
D) Perform the required settings for importing bank statements

2. Which of the following describes a contract object in SAP S/4HANA Cloud for Contract and Lease Management? Note: There are 2 correct Answers to this question.

A) Machinery
B) Service contract
C) Sublease contract
D) Real Estate

3. Which of the following consumer applications are integrated out-of-the-box with the payment card process of SAP digital payments add-on? Note: There are 3 correct Answers to this question.

A) SAP S/4HANA Cloud for Customer Payments
B) Contract Accounting
C) SAP Real Spend
D) External Billing
E) SAP Cash Application

4. Which options are available for the bank account revision in SAP S/4HANA Cloud? Note: There are 2 correct Answers to this question.

A) Activate via machine learning
B) Activate directly
C) Activate via dual control
D) Activate automatically

5. In what phase of the SAP Activate methodology do you test the business processes?

A) Deploy
B) Explore
C) Prepare
D) Realize

Solutions: