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SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Sample Questions:

1. Which cloud computing service enables you to build and deploy applications?

A) laaS
B) SaaS
C) IPaaS
D) PaaS

2. 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) Deposit at notice
D) Cash flow transaction

3. How does an implementation consultant support the customer 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 all active scope items.
C) Demonstrate SAP Best Practices in the starter system.
D) Highlight gaps that require decisions on configuration or extensibility.

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

A) Migration projects
B) Custom business roles
C) variants and changes
D) Custom business objects

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

A) To correct posted general ledger accounts
B) To correct exchange rate valuation
C) To adjust derived values fields
D) To adjust assigned characteristics

Solutions: