Free SAP P_S4FIN_2020 Practice Test & Real Exam Questions

Exam Code/Number: P_S4FIN_2020
Exam Name/Title: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Certification Provider: SAP
Corresponding Certification: SAP Certified Application Professional

Exam Questions: 82
Updated On: Sep 04, 2026

Question #19

You want to sell products from stock.
What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA).
NOTE: There are 2 correct answers to this question

A. A settlement profile to control the settlement of cost portions

B. A collection of primary cost elements to receive the cost portions

C. A cost splitting profile in general ledger accounting

D. An extension ledger with type" line items with technical numbers

Discussion 0

Correct Answer: B,C Vote an answer

Question #20

How many digits for the amount field on the financial document line item level are supported in the universal journal?

A. 23

B. 17

C. 27

D. 13

Discussion 0

Correct Answer: A Vote an answer

Question #21

What data for asset accounting is stored in the universal journal?

A. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.

B. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L

C. Actual depreciation of all depreciation area that are set to post depreciation periodically

D. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.

Discussion 0

Correct Answer: C Vote an answer

Question #22

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

A. All errors must be corrected during migration to complete it

B. Errors must be clarified and uncritical errors must be ignored

C. All errors related to the close years can be ignored

D. Critical errors must be resolver in the production system before Go-live

Discussion 0

Correct Answer: A,D Vote an answer

Question #23

Which object acts as a data source for cash management (cash flow analyser) in SAP S/4HANA?

A. Memo Records

B. Statistical key figure

C. Value fields

D. Bank fees

Discussion 0

Correct Answer: A Vote an answer

Question #24

You maintain a Launchpad for users to which role Z MANACC is assigned. What do you need to do make an app available on the users Launchpad?

A. Add the app to a catalog and a group that are assigned to role Z MANACC

B. Activate the user parameter for PFCG (role maintenance) for role Z MANACC

C. Activate the OData Service for role Z MANACC which is assigned to the app according to the SAP Fiori apps reference library

D. Assign the app directly to role Z MANACC

Discussion 0

Correct Answer: A Vote an answer

Question #25

In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010. In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling are a. What is the effect in the system when you save this account?

A. The user is asked which categorywill be used in the future

B. This system brings up an error message and rejects the change

C. The cost element category is different in the two company codes

D. The cost element category in the account is also changed for company code 1010

Discussion 0

Correct Answer: D Vote an answer

Question #26

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

A. Activate account based CO-PA

B. Migrate the material ledger

C. Create document type for CO postings

D. Define profit center hierarchy.

Discussion 0

Correct Answer: A Vote an answer

Question #27

Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.

A. You cannot continue to use the consolidation staging ledger

B. You must configure profit center and segment accounting

C. You cannot configure and activate document splitting

D. You must define valuation areas for foreign currency valuation

E. You must use the accounts approach to parallel valuation

Discussion 0

Correct Answer: A,B,C Vote an answer

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