Last Updated: Oct 10, 2026
No. of Questions: 250 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Closing and Reporting | 15% | - Financial Statement Versions - Integration with Controlling - Fiori Apps for Financial Reporting - Period-End and Year-End Closing Activities - Reconciliation between Subledgers and G/L |
| Topic 2: Accounts Payable | 20% | - Invoice Verification and Posting - Business Partner / Vendor Master Data - Withholding Tax and Reporting - Automatic Payment Program - Down Payments and Clearing |
| Topic 3: Asset Accounting | 20% | - Asset Retirement, Transfer and Valuation - Asset Classes, Depreciation Areas and Keys - Asset Master Data and Transactions - New Asset Accounting in SAP S/4HANA - Periodic Processing and Depreciation Run |
| Topic 4: Accounts Receivable | 20% | - Business Partner / Customer Master Data - Credit Management Basics - Dunning and Correspondence - Incoming Payments and Clearing - Customer Down Payments and Reconciliation |
| Topic 5: General Ledger Accounting | 25% | - Parallel Accounting and Ledger Groups - Document Types, Posting Keys and Document Splitting - G/L Master Data and Posting Controls - Universal Journal and SAP S/4HANA Architecture - Chart of Accounts and Ledger Configuration |
Which of the following types of tasks are available in the Financial Closing Cockpit application?
Choose the correct answers.
Response:
Correct Answer: A,B,D 🗳️
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?
Correct Answer: C 🗳️
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
What checks can you perform from the Audit Journal report? (There are three correct answers.)
Correct Answer: A,B,D 🗳️
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
For which kind of asset is the asset main text always prefilled?
Correct Answer: B 🗳️
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Response:
Correct Answer: A 🗳️
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