Make your own quiz Manage my Quizzes Plans / Features Guides and Help Contact Privacy & Security

FICO Cert

What defines the organizational entities that are required in SAP Central Business Configuration? Note: There are 2 correct answers to this question.

A. Data migrated from the legacy system

B. System consistency checks

C. The selected scope

D. Added partner content

Question. 2 When do you specify the data retention period in the SAP S/4HANA Migration Cockpit?

A. When the project status is "Completed"

B. When the project status is "Not Started"

C. When the project status is "in Progress"

D. When the project status is "Finished"

Question. 3 For which object do you maintain the activity price to perform activity allocation?

A. Profit center

B. Cost center

C. Internal order

D. Key figure

Question. 4 In which scenario would you use Read Access Logging (RAL) to determine the information?

A. If a business user accessed a business partner's personal data

B. If the authorizations for a business user are missing or insufficient

C. If a business user accessed data in a custom field of an application

D. If a business user has restrictions when accessing data in an application

Question. 5 In SAP Central Business Configuration, which activities can you perform in the Product-Specific Configuration Phase? Note: There are 3 correct answers to this question

A. Add blocking reasons for billing.

B. Modify building blocks

C. Change approval thresholds.

D. Create new scope items

E. Add new sales organizations

Question. 6 What does the journal entry type control?

A. The types of accounts allowed to be posted to

B. The ledgers updated by the posting values

C. Whether a posting posts a debit or credit value

D. The transaction currency types allowed to be posted

Question. 7 How can you post accruals in SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.

A. Post them as manual journal entries

B. Use Intelligent GR/IR Reconciliation

C. Use Commitments by Cost Center

D. Transfer Purchase Orders into the Accrual Engine

Question. 8 When do you perform the goods and invoice receipts reconciliation process?

A. When an invoice is posted, but no relevant purchase order is available

B. When an invoice is posted, but no goods receipt has been received

C. When a purchase order is posted, but no invoice has been received

D. When a purchase order is posted, but no goods receipt has been received

Question. 9 Which of the following describes a contract object in SAP S/4HANA Cloud for Contract and Lease Management? Note: There are 2 correct answers to this question.

A. Real Estate

B. Sublease contract

C. Service contract

D. Machinery

Question. 10 Why do you perform realignment in Profitability Analysis (CO-PA)?

A. To correct posted general ledger accounts

B. To adjust derived value fields

C. To adjust assigned characteristics

D. To correct exchange rate valuation

Question. 11 Which settings does the account group control when creating a new G/L account?

A. The tax categories you can assign to the account

B. The number range in which the new account can be created

C. The field status of the field "group account number"

D. The G/L account types you can assign to the account

Question. 12 Which assignment does the cost center category control?

A. Profit center

B. Business area

C. Functional area

D. Funds center

Question. 13 What are the 3 key components of the Intelligent Enterprise SAP offering? Note: There are 3 correct answers to this question.

A. Digital Platform

B. Intelligent Enterprise Architecture

C. Intelligent Suite

D. Intelligent Technologies

E. Intelligent Data Analytics

Question. 14 You need to integrate the headquarters of a company running on SAP S/4HANA with a subsidiary running on SAP S/4HANA Cloud, public edition.In a 2-tier ERP scenario, which integration technologies can you use? Note: There are 2 correct answers to this question.

A. SAP Cloud Connector

B. SAP Cloud Integration Advisor

C. SAP Open Connectors

D. SAP Cloud Integration

Question. 15 How does an implementation consultant support customer experts during Fit-to-Standard workshops? Note: There are 2 correct answers to this question.

A. Determine set up instructions for customer-driven integrations

B. Conduct end-user training on active scope items

C. Demonstrate SAP Best Practices in the Starter system.

D. Highlight areas that require configuration or extensibility decisions.

Question. 16 According to the General Data Protection Regulation (GDPR) laws, when are SAP customers considered data controllers?

A. When they use SAP cloud applications

B. When they extract legacy data in preparation for migration

C. When they engage other businesses in the European Union

D. When they request implementation of a cloud solution

Question. 17 Which business scenarios does the Two-Tier ERP deployment scenario offer? Note: There are 2 correct answers to this question.Question.

A. Centrally managed ticketing and support service network

B. Reporting and analytics across the subsidiary ecosystem

C. Integration of new acquisitions to the corporate infrastructure

D. Single-source synchronous system update implementation

Question. 18 How do you identify errors in a test plan?Note: There are 2 correct answers to this question.

A. Review canceled actions

B. Re-run the test plan

C. Review failed process steps

D. Review the detailed action log.

Question. 19 When a customer has a cloud-centric landscape, which technologies should you use to integrate SAP S/4HANA Cloud, public edition with another SAP Cloud solution?Note: There are 2 correct answers to this question.

A. SAP Integration Suite

B. SAP Process Orchestration

C. Predelivered APIs

D. SAP Cloud Connector

Question. 20 Which of the following fields is maintained on the general data segment of the customer business partner?

A. Lockbox

B. Bank key

C. Payment method supplement

D. House bank

Question. 21 What are characteristics of the SAP S/4HANA Migration Cockpit?Note: There are 2 correct answers to this question.

A. Combining the staging and file approaches into one migration project

B. Guidance and simulation of the migration process

C. Extensibility using the Legacy System Migration Workbench (LSMW)

D. Mapping source values to SAP S/4HANA target values

Question. 22 Which tool do you use to run the SAP Cloud Integration Automation Service for SAP S/4HANA Cloud, public edition?

A. SAP Maintenance Planner

B. SAP Activate Roadmap

C. SAP Best Practices Explorer

D. SAP Solution Manager

Question. 23 You are implementing SAP S/4HANA Cloud for a company that manufactures bicycles and bicycle parts. The accountant is confused with the available account types.When creating an account for costs of printing marketing materials, which account type should they choose?

A. Secondary cost account

B. Balance Sheet

C. Non-operating expense

D. Primary cost account

Question. 24 Which tool do you use to develop your own cloud applications for SAP S/4HANA Cloud, public edition?

A. SAP HANA Studio

B. SAP Cloud SDK

C. SAPUI5 SDK

D. SAP ADK

Question. 25 Which characteristic must be unique for each cash journal?

A. Currency

B. Business transaction

C. G/L account

D. Tax code

Question. 26 Which of the following objects must be available before legacy G/L account balances can be completely migrated in the SAP S/4HANA Cloud system? Note: There are 2 correct answers to this question.

A. Business area

B. Internal order

C. Business partner

D. Fixed asset

Question. 27 Which customizing task on the sender system needs to be completed before sending cash flows to a SAP S/4HANA Cloud Treasury workstation? Note: There are 2 correct answers to this question.

A. Reassign company codes

B. Rebuild flow types in accounting documents

C. Convert sender planning groups

D. Activate Individual Source Applications

Question. 28 Which activities can you complete in the Maintain Business Roles SAP Fiori app? Note: There are 2 correct answers to this question.

A. Assign business catalogs to a business role

B. Maintain restrictions

C. Maintain catalog roles

D. Assign PFCG profiles to a business role

Question. 29 What are some responsibilities of a Customer Center of Expertise (CCOE)?Note: There are 3 correct answers to this question.

A. Determine KPIs that will support a continuous improvement mindset.

B. Open and close posting periods at the beginning of each period.

C. Reduce the total cost of ownership for IT.

D. Transport configurations between systems

E. Conduct risk-based assessments to determine the value of activating new processes.

Question. 30 Which process does the Content Lifecycle Management support?

A. Integrate with other solutions with minimum configuration

B. Activate new best practices processes without disruption

C. Extend standard processes with customer specific steps

D. Migrate master records and balances from legacy systems

Question. 31 Which substitution types can you configure for journal entry substitution rules? Note: There are 3 correct answers to this question.

A. Substitute with formula value

B. Substitute with previous value

C. Substitute with field value

D. Clear field value

E. Substitute with constant value

Question. 32 You are implementing the Treasury Trading via Trading Platforms functionality.Which actions can you perform with the Manage Trade Requests App on the SAP Cloud Platform? Note: There are 2 correct answers to this question.

A. Block requests

B. Split request

C. Change of originally traded amount

D. Create hedge requests

Question. 33 Your company is engaged in foreign commerce.As the buyer of goods you are applying for which instrument to secure the transaction?

A. Zero-Coupon Bond

B. Letter of Credit

C. Bank Guarantee

D. Commercial Paper

Question. 34 Which tool is used for the liquidity planning in SAP S/4HANA Cloud?

A. SAP Integrated Business Planning

B. SAP Liquidity Planner

C. SAP BPC Optimized for SAP S/4HANA

D. SAP Analytics Cloud

Question. 35 What test process types are available in the Manage Your Test Processes app?Note: There are 3 correct answers to this question.

A. Integration

B. Post-upgrade

C. Regression

D. Custom

E. Standard

Question. 36 What activities are applied to the entire system and cannot be changed after confirmation in SAP Central Business Configuration?Note: There are 2 correct answers to this question.

A. Group currency

B. Scoping

C. Configuration activities

D. Fiscal year variant

Question. 37 Which of the following consumer applications are integrated out-of-the-box with the payment card process of SAP digital payments add-on? Note: There are 3 correct answers to this question.

A. Contract Accounting

B. External Billing

C. SAP Cash Application

D. SAP S/4HANA Cloud for Customer Payments

E. SAP Real Spend

Question. 38 To which table does the SAP S/4HANA Cloud system write commitment values?

A. ACDOCP

B. ACDOCU

C. ACDOCC

D. ACDOCA

Question. 39 For which activity do you use SAP S/4HANA Cloud for Credit Integration? Note: There are 2 correct answers to this question.

A. Supplement internal customer data to better monitor a customer's credit risk

B. Calculate a customer's real-time credit limit based on a manual credit rating

C. Notify an external credit agency about outstanding customer payments

D. Import customer credit ratings from external credit rating agencies

Question. 40 What are maintenance functions of the financial statement version (FSV) with the "Manage Global Hierarchies" app? Note: There are 2 correct answers to this question.

A. Assign semantic objects

B. Create draft hierarchy versions

C. Assign profit centers

D. Create G/L account master data

Question. 41 Which feature is available with a resubmission in Collections & Dispute Management?

A. It documents the details of a customer's pledge to pay an invoice

B. It initiates the dispute resolution process for one or several invoices

C. It transfers the dispute case to the collections worklist

D. It provides a specific reason why a customer needs to be contacted again

Question. 42 For which objects can you perform budget availability control? Note: There are 2 correct answers to this question.

A. Profit Center

B. Cost Center

C. Internal Order

D. Project

Question. 43 Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?

A. SAP Multi-Bank Connectivity

B. SAP Bank Analyzer

C. SAP RealSpend

D. SAP Cash Application

Question. 44 Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note: There are 2 correct answers to this question.

A. Conduct the Fit-to-Standard analysis to gather configuration values

B. Conduct the Digital Discovery Assessment to identify extension requirements

C. Use the Test system to demonstrate SAP Best Practice processes

D. Define the organizational structure and chart of accounts.

Question. 45 You need to provide historical data as training input for SAP Cash Application.Which data can you use to train the application? Note: There are 2 correct answers to this question.

A. Payment advices

B. Liquidity forecast

C. Dunning notices

D. Electronic bank statements

Question. 46 Which of the following benefits can be harnessed when using the SAP digital payments add-on? Note: There are 2 correct answers to this question.

A. Unlimited number of Payment Service Providers

B. Future proof payment methods

C. Predictable setup and operation costs

D. Enhanced credit card number storage

Question. 47 Which of the following can be transported using the Software Collection apps in SAP S/4HANA Cloud, public edition?Note: There are 2 correct answers to this question.

A. Migration projects.

B. Custom business roles

C. Custom business objects

D. Ul variants and changes

Question. 48 What are some reasons you cannot remove a test process from a test plan? Note: There are 2 correct answers to this question.

A. Data binding exists with another process.

B. The test plan user has not been created yet

C. The test plan has already been executed

D. The test process has not been made visible

Question. 49 When processing a cross-company code transaction between 3 company codes, what is the minimum number of journal entries posted by the system?

A. 1

B. 4

C. 6

D. 3

Question. 50 Which options are available for the bank account revision in SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.

A. Activate via machine learning

B. Activate automatically

C. Activate directly

D. Activate via dual control

Question. 51 You are configuring cash operations.To which object do you assign the cash management flow types?

A. General ledger accounts

B. Liquidity items

C. Planning levels

D. Bank account types

Question. 52 Which of the following transactions updates values in Profitability Analysis (CO-PA) reporting?

A. Run allocations

B. Enter statistical key figure

C. Maintain activity prices

D. Post asset acquisition

Question. 53 Where can you find packaged integration content if there is no SAP Best Practices content available?

A. SAP API Business Hub

B. SAP Extensibility Explorer

C. SAP BTP Cockpit

D. SAP Fiori Apps Reference Library

Question. 54 In the Organizational Structure app in SAP Central Business Configuration, which of the following entities can be added under the Company root node?Note: There are 2 correct answers to this question.

A. Plant

B. Sales Organization

C. Division

D. Purchasing Organization

Question. 55 Which function of SAP Financial Statement Insight utilizes machine learning?

A. Flexible comparisons across multiple characteristics

B. Business exception detection

C. Dynamic adaptation of hierarchical structures

D. Visualization of account group performance

Question. 56 The credit profile is used to store which information in the customer master data? Note: There are 2 correct answers to this question.

A. The customer credit group

B. The credit exposure

C. The scoring rules

D. The credit segment

Question. 57 Which data is entered in the asset migration file for each asset master record?

A. Cumulative acquisition values in all currencies

B. Cumulative acquisition values in group currency

C. Accumulated depreciation values in company code currency

D. Accumulated depreciation values in group currency

Question. 58 What are semantic tags used for in SAP S/4HANA Cloud?

A. To indicate the functional areas in which costs are incurred

B. To calculate KPI's in analytics reports

C. To separate local and international accounts

D. To report on differing valuation versions

Question. 59 Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? Note: There are 2 correct answers to this question.

A. Unit test

B. Business process test

C. Integration test

D. String test

Question. 60 You want to perform scripted calculations in your planning model.How can you achieve this on the SAP Analytics Cloud?

A. Data Actions

B. Input Tasks

C. Value Driver Trees

D. Data Wrangling

Question. 61 What tasks can you perform from the Display Technical Users app? Note: There are 2 correct answers to this question.

A. Assign and unassign users to user groups.

B. Lock the initial user account that is delivered with the new system.

C. Change the username and password of a print user.

D. Upload a certificate for a communication user

Question. 62 After approving a journal entry as a processor, you see the system has marked the posting as failed.How do you resolve this?

A. Create a new journal entry with the correct data and post it

B. Ask the requester to correct the journal entry and resubmit it

C. Ask the requester to create a new entry with the correct data and resubmit it

D. Correct the indicated errors in the original entry and post it

Question. 63 Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?

A. Extension ledger

B. Machine learning

C. Smart contracts

D. Distributed ledger

Question. 64 Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? Note: There are 2 correct answers to this question.

A. Define the tolerance groups for cash flow reconciliation

B. Set the reconciliation status open in the Cash Flow Analyzer

C. Activate intraday memo records at the bank account level

D. Perform the required settings for importing bank statements

Question. 65 Which of the below pricing types are available within the application "Manage Bank Fee Conditions"? Note: There are 2 correct answers to this question.

A. Flat pricing

B. Group pricing

C. Tier pricing

D. Bulk pricing

Question. 66 What must you create when you build a communication scenario in SAP S/4HANA Cloud, public edition?Note: There are 3 correct answers to this question.

A. Communication system

B. Communication user

C. Communication arrangement

D. Communication API

E. Communication interface

Question. 67 What are the available methods through which you can fill staging tables in the SAP HANA database of the target system?Note: There are 3 correct answers to this question.

A. Customer's ETL tools

B. SAP SQL Anywhere

C. SAP Data Services

D. SAP Smart Data Access

E. XML templates

Question. 68 Which Key Performance Indicators are available in the Treasury Executive Dashboard in SAP Analytics Cloud? Note: There are 2 correct answers to this question.

A. Liquidity by Region

B. Open Disputes by Country

C. Payments per Company Code

D. Counterparty Risk - Utilization Overview

Question. 69 Where do you enable a customer-specific field to be available for Uls and reports relevant for the same business context?

A. In the Extensibility Cockpit app

B. In the Custom Fields app

C. In the Runtime Authoring mode

D. In the Maintain SAP Business Technology Platform Extensions app.

Question. 70 In SAP Central Business Configuration, which changes are possible for the Starter System after content activation?Note: There are 3 correct answers to this question.

A. Add new organizational entities

B. Create additional product-specific configurations

C. Change the group ledger scenario

D. Delete existing organizational entities

E. Edit existing product-specific configurations

Question. 71 You have created a new bank account and saved it with status "Inactive".What action can you perform on the account? Note: There are 2 correct answers to this question.

A. Revert to Active

B. Close the Bank Account

C. Delete the Bank Account

D. Activate the Bank Account

Question. 72 Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term.Which financial transaction is used?

A. Bilateral facility

B. Commercial paper

C. Cash flow transaction

D. Deposit at notice

Question. 73 Which of the following changes would prevent SAP from running automated business process tests on your behalf?Note: There are 2 correct answers to this question.

A. Changes to the data input requirements (custom data fields)

B. SAP-made changes to the standard test process

C. Configuration changes that impact the process flow

D. Changes to the SAP S/4HANA Cloud release (upgrade)

Question. 74 Which of the following postings update the ACDOCA universal journal table? Note: There are 2 correct answers to this question.

A. Plan cost center allocation

B. Enter statistical key figure values

C. Commitment values from purchase order

D. Posting to statistical project

Question. 75 Which asset characteristic controls if an asset is under construction?

A. Asset class

B. Settlement profile

C. Depreciation key

D. Capitalization date

Question. 76 What are customers able to scope in SAP S/4HANA Cloud with SAP Central Business Configuration? Note: There are 2 correct answers to this question.

A. Scope extensions

B. Pre-defined scenario bundles

C. Industry cloud scenarios

D. Countries where business processes will run

Question. 77 Which of the following security measures is the customer responsible for?

A. Deactivation of SAP administrative users

B. Change logging through audit trails

C. Application-level user management

D. API management

Question. 78 Which activities does the consultant do before the first Fit-to-Standard workshop?Note: There are 2 correct answers to this question.

A. Deactivate scope items that are NOT part of the Statement of Work/Digital Discovery Assessment.

B. Review the integration requirements collected from the Digital Discovery Assessment.

C. Evaluate the L2 Business-Driven Configuration Questionnaire responses.

D. Upload customer master data in the Starter system using migration templates.

Question. 79 How can you migrate data to SAP S/4HANA Cloud, public edition? Note: There are 2 correct answers to this question.

A. RFC calls

B. File templates

C. Staging database

D. Core Data Services

Question. 80 Which key benefit does the machine learning component of the SAP Cash Application provide?

A. Finding patterns without explicitly specifying rules

B. Preloaded rule-engines with highly specific process knowledge

C. Predictable outcome using static rules

D. Rule-based automation using clearly defined processes

{"name":"FICO Cert", "url":"https://www.quiz-maker.com/QPREVIEW","txt":"What defines the organizational entities that are required in SAP Central Business Configuration? Note: There are 2 correct answers to this question., Question. 2 When do you specify the data retention period in the SAP S\/4HANA Migration Cockpit?, Question. 3 For which object do you maintain the activity price to perform activity allocation?","img":"https://www.quiz-maker.com/3012/images/ogquiz.png"}