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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q66-Q71):
NEW QUESTION # 66
At which levels do you choose between direct indirect quotations? Note: There are 2 correct answers to this question.
- A. Country
- B. Exchange rate type
- C. Client
- D. Company code
Answer: B,C
NEW QUESTION # 67
Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.
- A. To highlight solve intercompany data discrepancy triggering a workflow
- B. To trigger elimination of intercompany revenues & costs based on rules configured
- C. To generate automatic posting to correct intercompany discrepancy
- D. To generate automatic elimination of intercompany AR/AP balances
Answer: A,D
NEW QUESTION # 68
What does the fiscal year variant define? Note: There are 2 correct answers to this question.
- A. The authorization to post to special periods
- B. The posting periods open for posting
- C. The start end date of posting periods
- D. The number of posting periods
Answer: C,D
NEW QUESTION # 69
You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.
- A. The residual item is written off to a cost account.
- B. Both the original open item the residual item remain on the account as open items.
- C. The original document the payment are cleared.
- D. The residual item becomes a new receivable.
Answer: B,D
NEW QUESTION # 70
You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.
- A. Operating chart of accounts
- B. Posting period variant
- C. Source currency for group currency
- D. Fiscal year variant
Answer: A,D
NEW QUESTION # 71
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