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P_S4FIN_2021 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Free Practice Exam Questions (2025 Updated)

Prepare effectively for your SAP P_S4FIN_2021 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

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Total 80 questions

Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

A.

Account-based profitability analysis

B.

Actual costing

C.

Cash management

D.

Costing-based profitability analysis

In an SAP S/4HANA system, which of the following features is mandatory?

A.

Material ledger

B.

Parallel ledgers

C.

Actual costing

D.

Margin analysis

Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.

A.

Classic Credit Management

B.

Cash Management

C.

Accrual Engine

D.

Special Purpose Ledger

E.

Costing-based CO-PA

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

A.

Document splitting default account assignment

B.

Active document splitting

C.

Document splitting inheritance

D.

Passive document splitting

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Total 80 questions
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