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SAP Exam 2024 with correct answers.
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SAP Exam 2024 with correct answers.
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SAP Exam 2024 with correct answersWhat is the true statistical object? - ANSWERS✔✔ Profit center
What is the true real object? - ANSWERS✔✔ Internal order, cost objects, orders, make-to-order
sales order, projects
What is the difference between management accounting and financial accounting? -
ANSWERS✔✔ Management accounting is internal, no strict compliance is required, and
flexible
Financial accounting is external, based off historical data, compliance required, and less flexible
What are outcomes of goods receipt? - ANSWERS✔✔ FI and material documents created,
general ledger accounts updated, inventory count updated, and material valuation updated
What is involved in a 3-way match for invoice verification? - ANSWERS✔✔ PO, GR, and invoice
What are 3 types of business partners? - ANSWERS✔✔ individuals, groups, and organizations
Can business partners play different roles? - ANSWERS✔✔ yes, they can also be purchasing
data, general data, or FI data
What are the steps in the fulfillment process? - ANSWERS✔✔ customer inquiry, sales quote,
customer PO, sales order, shipping, invoice, payment
What are production order outcomes? - ANSWERS✔✔ scheduling, capacity planning,
availability checks, reservations, primary costing, purchase requisitions
,What are the impacts of goods issue? - ANSWERS✔✔ Material, FI, CO documents are created
(all 3 can be created or just one), G/L accounts updated, inventory updated, reservations updated
(reduced), and post costs to production order
· What is the perk of using SAP S/4 HANA on cloud and on-premise? - ANSWERS✔✔ Cloud and
On-premise can be used hybridly without losing the company's integration
· What are the 3 application types of SAP Fiori and what do they allow you to do? - ANSWERS✔✔
Transactional (access to tasks like create, change, or display process with guided navigation),
analytical apps (visual overview about business data), and factsheet (view essential info about
objects and contextual navigation between related objects)
· What are the two objectives of automatically active material ledger for SAP S/4HANA? -
ANSWERS✔✔ Ability to manage material prices in multiple currencies/valuations & actual
costing (calculates an actual price for each externally produced material and in-house produced
material)
· What is the target architecture based on in output management? - ANSWERS✔✔ Adobe
Document Server and Adobe Forms
· What departments maintain vendor master data? - ANSWERS✔✔ Purchasing and Accounting
(need to know who to pay- FI)
What is in the header of a purchase order? - ANSWERS✔✔ Vendor, doc number, terms of
payment, PO price, date, currency
What is in the item overview of a purchase order? - ANSWERS✔✔ Materials, quantities, delivery
date, price/UofM
What is in the line item of a purchase order? - ANSWERS✔✔ PO history, line price, delivery
schedule, tolerances
, · What happens once a PO has been created? - ANSWERS✔✔ Notify the vendor by: printed,
email, EDI, fax, or XML
· What events happen when a goods movement for the receipt of goods takes place? -
ANSWERS✔✔ o Material document is created
o Accounting document is created
o Stock quantities are updated
o Stock values are updated
o Purchase order is updated
o Output can be generated (GR slip/pallet label)
· What are elements of a payment transaction? - ANSWERS✔✔ o Payment method
o Bank from which they get paid
o Items to be paid
o Calculate payment amount
o Print payment medium
Material Management/ Procurement Process - ANSWERS✔✔ PR--> vendor selection--> PO--
> notify vendor--> vendor shipment--> GR-->invoice-->pay vendor
manufacturing execution process - ANSWERS✔✔ production proposal--> capacity planning--
> schedule and release--> shop floor documents--> GI--> completion confirmation-->GR--
>order settlement
EAM Process (planned repair) - ANSWERS✔✔ 1. notification
2. planning
3. controlling
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