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NEW QUESTION # 20
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answe-rs to this que-stion.
Answer: A,B,E
NEW QUESTION # 21
How are pages assigned to users on the SAP Fiori Launchpad?
Answer: D
NEW QUESTION # 22
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.
Answer: A,B,C
Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, the Profit and Loss (P&L) statement displays values from specific G/L account types that are classified as income or expense accounts. These accounts represent the financial performance of an organization over a specific period. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Non-operating Expense or Income
* Correct : Non-operating expenses or income (e.g., gains or losses from asset sales, interest income, or extraordinary items) are included in the P&L statement. These accounts represent income or expenses that are not part of the core operating activities of the business but still impact the overall financial performance.
* Reference : According to SAP documentation, non-operating income and expenses are categorized under P&L accounts and contribute to the net profit or loss.
C. Primary Costs or Revenue
* Correct : Primary costs or revenue accounts represent the core operating activities of the business, such as sales revenue, cost of goods sold, and direct operational expenses. These accounts are a fundamental part of the P&L statement and directly reflect the organization's primary financial performance.
* Reference : SAP classifies primary costs and revenues as P&L accounts, as they are essential for calculating gross profit and operating profit.
D. Secondary Costs
* Correct : Secondary costs (e.g., internal allocations, overheads, or indirect costs) are also included in the P&L statement. These accounts are typically used in management accounting (CO) and are transferred to the P&L statement through periodic allocations or settlements.
* Reference : Secondary costs are part of the cost-of-sales accounting process and are reflected in the P&L statement to provide a complete view of expenses.
B. Balance Sheet Account
* Incorrect : Balance sheet accounts (e.g., assets, liabilities, equity) are not included in the P&L statement. Instead, they are reported in the balance sheet, which provides a snapshot of the organization's financial position at a specific point in time.
* Reference : Balance sheet accounts do not represent income or expenses and therefore do not appear in the P&L statement.
E. Cash Account
* Incorrect : Cash accounts are part of the balance sheet (under assets) and are not directly included in the P&L statement. While cash flows may indirectly impact the P&L (e.g., through interest income or expenses), the cash account itself is not a P&L account type.
* Reference : Cash accounts are classified as balance sheet accounts and are excluded from the P&L statement.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Financial Statements : Explains how G/L account types are classified and displayed in the P&L statement.
* SAP Help Portal - Account Types : Provides detailed guidance on the classification of G/L accounts into P&L and balance sheet categories.
* Profit and Loss Statement Configuration : Highlights the role of primary costs, secondary costs, and non-operating income/expenses in the P&L statement.
* Integration of FI-AA and CO-PA : Describes how secondary costs are transferred to the P&L statement for reporting purposes.
NEW QUESTION # 23
What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.
Answer: A,B,E
Explanation:
In SAP S/4HANA, achieving a clean core is essential to ensure that the system remains standardized, efficient, and adaptable to future innovations. A clean core minimizes customizations, reduces technical debt, and ensures that the system aligns with SAP best practices. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Establish regular housekeeping tasks and procedures.
* Correct : Regular housekeeping tasks are critical to maintaining a clean core. These tasks include archiving old data, monitoring system performance, removing unused customizations, and ensuring that configurations remain aligned with SAP best practices. Housekeeping helps prevent clutter and inefficiencies in the system.
* Reference : According to SAP documentation, regular housekeeping is a key principle for maintaining a clean core by keeping the system lean and optimized.
B. Establish an organizational structure, technical foundation, and transformation methodology for clean core.
* Correct : To achieve a clean core, organizations must establish a robust organizational structure , a solid technical foundation , and a clear transformation methodology . This includes defining roles, responsibilities, and governance processes to ensure alignment with SAP best practices and minimize unnecessary customizations.
* Reference : SAP emphasizes the importance of a structured approach to clean core operations, including governance and technical readiness.
C. Define roles and responsibilities as part of a process transformation office.
* Incorrect : While defining roles and responsibilities is important for organizational efficiency, it is not specifically highlighted as a guiding principle for achieving a clean core. Instead, this activity is part of broader organizational change management and does not directly address clean core practices.
* Reference : Roles and responsibilities are more relevant to change management than to the specific principles of clean core operations.
D. Establish release management.
* Incorrect : While release management is important for managing system updates and upgrades, it is not explicitly listed as a guiding principle for achieving a clean core. Release management focuses on version control and deployment processes rather than minimizing customizations or adhering to SAP best practices.
* Reference : Release management is a technical practice but is not directly tied to clean core principles.
E. Integrate clean core practices in the end-to-end value process chain.
* Correct : Integrating clean core practices into the end-to-end value process chain ensures that business processes remain aligned with SAP best practices. This involves designing processes that leverage standard SAP functionality while avoiding unnecessary customizations, thereby maintaining a clean core.
* Reference : SAP documentation highlights the importance of embedding clean core principles across all business processes to ensure standardization and adaptability.
Key References to SAP Documentation:
* SAP S/4HANA Clean Core Principles : Explains the importance of minimizing customizations and adhering to SAP best practices to maintain a clean core.
* SAP Help Portal - Clean Core Strategy : Provides detailed guidance on implementing clean core practices, including housekeeping, organizational alignment, and process integration.
* Transformation Methodology for SAP S/4HANA : Describes how to establish a technical foundation and methodology for clean core operations.
* End-to-End Process Integration : Highlights the role of clean core practices in optimizing business processes across the value chain.
NEW QUESTION # 24
You post a vendor invoice for asset acquisition without reference to a purchase order. Which accounting documents are generated?
Answer: D
NEW QUESTION # 25
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