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Total 24 questions
Exam Code: P_S4FIN_2021                Update: Sep 13, 2025
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts

SAP SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts P_S4FIN_2021 Exam Dumps: Updated Questions & Answers (September 2025)

Question # 1

Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

A.

Account-based profitability analysis

B.

Actual costing

C.

Cash management

D.

Costing-based profitability analysis

Question # 2

Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

A.

Reconciliation account

B.

Classic open item management

C.

Extended open item management

D.

Ledger specific open item management

Question # 3

You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?

A.

First interval 3, then interval 2 if interval 3 is not maintained

B.

First interval 3, then intervals 1&2 if interval 3 is not maintained

C.

Only interval 3, no other intervals checked if interval 3 is not maintained

D.

First interval 3, then interval 1 if interval 3 is not maintained

Question # 4

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

A.

Memo records

B.

Payment methods

C.

Record types

D.

Payment terms

Question # 5

On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

A.

Financial statement item

B.

Functional area

C.

Business area

D.

G/L account

E.

Segment

Question # 6

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

A.

Source table

B.

Period

C.

Company code

D.

Year

Question # 7

Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

A.

Top down distribution in margin analysis

B.

FI posting of primary costs to production order

C.

Stock material consumption on project

D.

Internal activity allocation to sales order

Question # 8

In Controlling, what is a mandatory customizing step when converting a system to SAP S/4HANA?

A.

Migrate the material ledger.

B.

Configure accounts for COGS split.

C.

Create document type for CO postings.

D.

Activate attributed profitability analysis

Question # 9

What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.

A.

Actual revenue

B.

Incoming sales orders

C.

Standard cost of goods sold

D.

CO-PA valuated insurance costs

Question # 10

You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.

A.

Critical errors must be resolved in the production system before Go Live.

B.

All errors related to closed years can be ignored.

C.

Errors must be clarified, and uncritical errors can be accepted

D.

All errors must be corrected before SUM (Software Update Manager)starts.

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Total 24 questions

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