SAP Exam P_S4FIN_2021 Topic 4 Question 44 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam

Question #: 44
Topic #: 4

[All P_S4FIN_2021 Questions]

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

ADefine depreciation areas for all currency types.

BActivate enterprise extension EA-FIN.

CDefine a technical clearing account for integrated acquisitions

DAssign accounting principles to all depreciation areas

EClose all fiscal years except the current one.

Show Suggested Answer

Suggested Answer: D

by Herschel at Jun 01, 2024, 01:22 PM

Limited Time Offer

25%

Off

Get Premium P_S4FIN_2021 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Paris

1 years ago

A) Depreciation areas for parallel currencies? I didn't know SAP S/4HANA was also fluent in Monopoly money.

upvoted 0 times

Raylene

12 months ago

B) That's right, it simplifies the process and makes things more efficient.

upvoted 0 times

...

Kent

12 months ago

A) Yeah, in S/4HANA, you no longer need separate depreciation areas for parallel currencies.

upvoted 0 times

...

Gayla

1 years ago

C) Year-end closing? Sounds like the end of fiscal year and the end of my patience with this question.

upvoted 0 times

Orville

11 months ago

D) Insurance values in the asset master records

upvoted 0 times

...

Stephanie

11 months ago

C) Year-end closing

upvoted 0 times

...

Jordan

11 months ago

B) Non-posting depreciation areas

upvoted 0 times

...

Brice

12 months ago

A) Depreciation areas for parallel currencies

upvoted 0 times

...

Ilene

1 years ago

I agree with Soledad. We need to migrate Depreciation areas for parallel currencies before the conversion to SAP S/4HANA.

upvoted 0 times

...

Anika

1 years ago

D) Insurance values in the asset master records? More like 'uninsured assets in the dumpster' am I right?

upvoted 0 times

...

Soledad

1 years ago

I think the functionality that became obsolete in S/4HANA in Asset Accounting is Depreciation areas for parallel currencies.

upvoted 0 times

...

Michell

1 years ago

Wait, are we talking about asset accounting or stand-up comedy? I feel like 'non-posting depreciation areas' should be a punchline, not an answer choice!

upvoted 0 times