Question bank
SAP S/4HANA Cloud Private Edition, Financial Accounting
40 SAP S/4HANA Cloud Private Edition, Financial Accounting questions with the correct answer and a written explanation, organised across 7 exam domains.
- 40 questions
- 7 domains
- Foundation level
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Accounts Payable
6 questions in this domain
- Question 1Single Choice
Which chart of accounts is assigned to company codes as the primary structure for day-to-day postings in the general ledger?
- AOperating Chart of AccountsCorrect answer
- BGroup Chart of Accounts
- CCountry-Specific Chart of Accounts
- DAccount Group
Why this is the answer
The operating chart of accounts is assigned to company codes for day-to-day postings, ensuring a unified account structure for financial statements.
- Question 2Multiple Select
Which statements about charts of accounts and account groups are correct? Choose all that apply.
- AA company code has one operating CoA and can use mapped group and country-specific CoAs.Correct answer
- BAccount number is defined at CoA level, while field status can be company-code level.Correct answer
- CAccount groups are assigned to G/L master records, not to company codes.Correct answer
- DA company code can use only one chart of accounts in total.
Why this is the answer
A company code uses one operating CoA plus mapped group/country-specific CoAs. Account groups are assigned to master records, and field status can differ at company code level.
- Question 3Interactive
The SQL snippet reads from the Universal Journal. What type of ledger data does the query select?
- ALeading ledger postingsCorrect answer
- BNon-leading ledger postings
- CExtension ledger adjustments
- DCountry-specific chart data
Why this is the answer
0L is the hardcoded leading ledger, always active and used as the basis for group valuation.
- Question 4Single Choice
Which statement best describes the Leading Ledger (0L) in SAP S/4HANA?
- AIt is hardcoded and always activeCorrect answer
- BIt can be deleted and replaced
- CIt is an optional extension ledger
- DIt stores only delta adjustments
Why this is the answer
The Leading Ledger 0L is hardcoded and fundamental; it cannot be deleted or replaced with another ledger.
- Question 5Multiple Select
Which statements about an extension ledger are true? Choose all that apply.
- AIt extends a base ledgerCorrect answer
- BIt stores only delta adjustmentsCorrect answer
- CIt cannot exist independentlyCorrect answer
- DIt stores complete transaction data
Why this is the answer
Extension ledgers extend a base ledger and capture only delta adjustments. They cannot exist independently and do not store full transaction data.
- Question 6Interactive
The SQL snippet queries the Universal Journal for two ledgers. What does this query illustrate? Select all true statements.
- AIt returns postings from the leading ledgerCorrect answer
- BIt returns postings from a non-leading ledgerCorrect answer
- CIt proves the Universal Journal stores multiple ledgers in one tableCorrect answer
- DIt is possible only if extension ledgers are used
Why this is the answer
The Universal Journal stores all ledger-specific data in ACDOCA, so one query can return leading and non-leading postings without reconciliation.
Accounts Receivable
6 questions in this domain
- Question 7Single Choice
What is the main purpose of the operating chart of accounts in SAP S/4HANA?
- AIt defines day-to-day G/L postings across assigned company codesCorrect answer
- BIt creates statutory reports for a specific country
- CIt maps local accounts for group consolidation
- DIt replaces the Universal Journal for parallel accounting
Why this is the answer
The operating CoA is assigned to company codes and provides the unified numbering and categorization structure used for daily postings. It supports consolidated statements.
- Question 8Multiple Select
Which two statements about the group chart of accounts are correct? Select all that apply.
- AIt facilitates consolidation across company codes with different operating charts of accounts.Correct answer
- BIt maps local accounts to a common structure for group-level reporting.Correct answer
- CIt is assigned to only one company code to enforce local reporting.
- DIt replaces the country-specific chart of accounts for legal reporting.
Why this is the answer
The group CoA is a common language for consolidation and mapping local accounts to group reporting. It does not replace country-specific statutory requirements.
- Question 9Interactive
The code block contains a query against the central financial table. Which best describes the table and ledger combination used in the query?
- AUniversal Journal with the leading ledger (0L)Correct answer
- BClassic G/L document table without extension ledgers
- CSegment table containing only country-specific data
- DCustomer master table with accounting principle data
Why this is the answer
The query reads ACDOCA, the Universal Journal, and filters on ledger 0L, which is the leading ledger. This table stores integrated financial data.
- Question 10Single Choice
What do account groups control when a G/L account master record is created?
- ANumber range and field statusCorrect answer
- BOnly the company code currency
- CThe fiscal year variant of the ledger
- DThe assignment of the chart of accounts to a company code
Why this is the answer
Account groups categorize accounts and control number ranges plus field status, indicating which fields are required, optional, or suppressed.
- Question 11Multiple Select
Which two statements about the leading ledger (0L) are correct? Select all that apply.
- AIt is always active in every SAP S/4HANA system.Correct answer
- BIt can be deleted if a non-leading ledger is configured.
- CIt serves as the basis for group valuation.Correct answer
- DIt can be assigned a different fiscal year variant for each company code.
Why this is the answer
The leading ledger is always active, cannot be deleted, and serves as the basis for group valuation. It uses a consistent fiscal year variant.
- Question 12Interactive
The code block contains a query that retrieves financial line items for a document. Based on the fields shown, what are the dimension fields used as anchors for splitting logic called?
- ASplitting characteristicsCorrect answer
- BZero-balance clearing
- CItem categories
- DAccounting principles
Why this is the answer
Splitting characteristics are configured dimensions, such as profit center, segment, and business area, that guide the distribution of line items.
Asset Accounting
4 questions in this domain
- Question 13Single Choice
Which chart of accounts is assigned to a company code for day-to-day postings in the general ledger?
- AOperating chart of accountsCorrect answer
- BGroup chart of accounts
- CCountry-specific chart of accounts
- DExtension chart of accounts
Why this is the answer
The operating chart of accounts is assigned to company codes for daily postings; group and country-specific charts are mapped to it for consolidation and statutory reporting.
- Question 14Multiple Select
Which statements about leading, non-leading, and extension ledgers in SAP S/4HANA are correct? Select all that apply.
- AThe leading ledger 0L is always active and cannot be deleted.Correct answer
- BAn extension ledger stores complete independent transactions.
- CA non-leading ledger can use a different fiscal year variant.Correct answer
- DParallel accounting requires separate subledgers for each accounting principle.
Why this is the answer
The leading ledger 0L is hardcoded and always active. Non-leading ledgers can use different fiscal year variants; extension ledgers contain only delta data.
- Question 15Interactive
Review the configuration snippet. Which statement about chart of accounts assignment for company code DE01 is correct?
- ADE01 uses SOCA for daily postings.Correct answer
- BDE01 can only have one chart of accounts in total.
- CDCA is the primary chart for daily postings.
- DGCA is used for local statutory reporting.
Why this is the answer
The operating CoA (SOCA) is assigned to the company code for daily postings. Group and country-specific COAs are additional mapped structures, not replacements for the operating CoA.
- Question 16Single Choice
What do account groups control when G/L account master data is created in SAP S/4HANA?
- ANumber range and field statusCorrect answer
- BLedger assignment
- CFiscal year variant
- DCompany code currency
Why this is the answer
Account groups group G/L accounts into categories and control the number range plus which fields are required, optional, or suppressed during master data creation.
Financial Accounting Overview
6 questions in this domain
- Question 17Single Choice
What chart of accounts is used for day-to-day postings in the general ledger?
- AOperating Chart of AccountsCorrect answer
- BGroup Chart of Accounts
- CCountry-Specific Chart of Accounts
- DAccount Groups
Why this is the answer
The Operating Chart of Accounts is assigned to company codes and is used for all day-to-day postings in the general ledger.
- Question 18Multiple Select
Which statements about charts of accounts are correct?
- AA company code has one Operating CoA and can also use Group and Country-Specific CoAs through mapping.Correct answer
- BThe Group Chart of Accounts maps local accounts to a unified structure for group reporting.Correct answer
- CAccount groups control number ranges and required or optional fields during G/L account creation.Correct answer
- DA Country-Specific Chart of Accounts is required in every company code.
Why this is the answer
A company code has one Operating CoA and may use mapped Group/Country-Specific CoAs. Group CoA unifies reporting, and account groups control numbering and field status. Country-specific CoA is optional.
- Question 19Interactive
Examine the configuration block. Which element is configured as the anchor for distributing line items?
- AProfit CenterCorrect answer
- BCompany Code
- CFiscal Year
- DLedger
Why this is the answer
The code block shows Profit Center as the Splitting Characteristic, which is the anchor used to distribute line items.
- Question 20Single Choice
Which ledger is hardcoded and cannot be deleted in SAP S/4HANA?
- ALeading Ledger (0L)Correct answer
- BNon-leading Ledger
- CExtension Ledger
- DSecondary Ledger
Why this is the answer
The Leading Ledger (0L) is hardcoded, always active, and serves as the basis for group valuation.
- Question 21Multiple Select
Which statements about extension ledgers are correct?
- AThey extend a base ledger and do not store their own data.Correct answer
- BThey are used to capture delta adjustments without duplicating full transaction history.Correct answer
- CThey cannot exist independently; they need a base ledger.Correct answer
- DThey contain complete transaction data for parallel accounting.
Why this is the answer
Extension ledgers store adjustments on top of a base ledger, avoid duplication, and cannot exist independently.
- Question 22Interactive
Review the ledger configuration in the code block. Which relationship is illustrated?
- AAn accounting principle is assigned to a ledger.Correct answer
- BA ledger is assigned to an accounting principle.
- CAll ledgers must use the same accounting principle.
- DExtension ledgers cannot have an accounting principle.
Why this is the answer
The code shows each ledger has an assigned accounting principle, matching the rule that accounting principle is assigned to ledger.
General Ledger
8 questions in this domain
- Question 23Single Choice
Which chart of accounts is used for day-to-day postings in the general ledger?
- AOperating Chart of AccountsCorrect answer
- BGroup Chart of Accounts
- CCountry-Specific Chart of Accounts
- DExtension Ledger
Why this is the answer
The operating chart of accounts is the primary CoA assigned to company codes for day-to-day postings, ensuring a unified numbering and categorization structure.
- Question 24Multiple Select
Which statements about the Group Chart of Accounts are correct?
- AIt consolidates multiple operating chartsCorrect answer
- BIt maps local accounts to a common structureCorrect answer
- CIt is the primary CoA for daily postings
- DIt replaces the operating chart of accounts
Why this is the answer
The Group CoA facilitates consolidation by mapping different operating charts into a common structure for group reporting; it is not used for daily postings and does not replace the operating CoA.
- Question 25Interactive
Review the configuration snippet. Which statement correctly describes the chart of accounts assignment?
- AThe group chart maps local accounts for consolidationCorrect answer
- BThe country chart is the primary chart for daily postings
- CThe operating chart is used for group-level reporting only
- DCompany code can only have the operating chart
Why this is the answer
In the snippet, GROUP is assigned as the group chart, enabling consolidation mapping, while INT is the operating CoA and LOCAL is the optional country-specific CoA.
- Question 26Single Choice
What is controlled by an account group in G/L account master data?
- ANumber range and field statusCorrect answer
- BLedger assignment and company code currency
- CFiscal year variant and posting period
- DTax code and payment terms
Why this is the answer
Account groups define the number range and determine which fields are required, optional, or suppressed during G/L account master data creation.
- Question 27Multiple Select
Which statements about G/L account master data in S/4HANA are correct?
- AIt is managed through the Universal JournalCorrect answer
- BIt can include segment-specific informationCorrect answer
- CAccount numbers are defined at company code level
- DData can be controlled at chart or company code levelCorrect answer
Why this is the answer
In S/4HANA, G/L account master data is centrally managed in the Universal Journal, can include segment-specific information, and can be controlled at the chart of accounts level or company code level. Account numbers are defined at CoA level.
- Question 28Interactive
Review the ledger configuration snippet. Which statement is correct?
- A0L is mandatory and cannot be deletedCorrect answer
- BEX can be used as a base ledger
- CL1 stores only delta adjustments
- D0L can be replaced by L1
Why this is the answer
The leading ledger 0L is hardcoded in every S/4HANA system and cannot be deleted or replaced. Non-leading ledgers contain full data, and extension ledgers contain only delta adjustments.
- Question 29Single Choice
Which ledger code represents the leading ledger in every SAP S/4HANA system?
- A0LCorrect answer
- B1L
- CEX
- DL1
Why this is the answer
The leading ledger is always 0L and is active in every SAP S/4HANA system as the basis for group valuation and reporting.
- Question 30Multiple Select
Which purposes can a non-leading ledger serve?
- ARecord local accounting standardsCorrect answer
- BUse a different fiscal year variantCorrect answer
- CStore only delta adjustments
- DUse different valuation rulesCorrect answer
Why this is the answer
Non-leading ledgers support local accounting standards, different fiscal year variants, and different valuation rules. Delta-only storage is a characteristic of extension ledgers.
Period-End/Year-End Closing
6 questions in this domain
- Question 31Single Choice
In SAP S/4HANA, what is the main purpose of the operating chart of accounts for daily accounting activities?
- APrimary CoA for daily postingsCorrect answer
- BOnly for local statutory reporting
- CStores extension ledger adjustments
- DReplaces the group chart of accounts
Why this is the answer
The operating chart of accounts is the primary CoA used for day-to-day postings and is assigned to each company code.
- Question 32Multiple Select
Which two statements accurately describe the Leading Ledger (0L) in the SAP S/4HANA system? Select two.
- AAlways active in every systemCorrect answer
- BCan be deleted or replaced
- CBasis for group valuationCorrect answer
- DAn extension ledger with delta data
Why this is the answer
The leading ledger is always active and is the basis for group valuation. It cannot be deleted or replaced because 0L is hardcoded.
- Question 33Interactive
The SQL statement shown queries the Universal Journal. Which ledger is selected by this query?
- ALeading LedgerCorrect answer
- BExtension ledger
- CNon-leading ledger
- DGroup chart of accounts
Why this is the answer
The query selects the hardcoded primary ledger, which is always active and used for group valuation.
- Question 34Single Choice
What is the main function of the group chart of accounts when consolidating multiple company codes?
- AEnables consolidation across different operating CoAsCorrect answer
- BHandles daily postings for one company code
- CControls G/L account number ranges
- DStores extension ledger delta data
Why this is the answer
The group chart of accounts maps local operating charts to a common structure, enabling consolidated financial statements across the enterprise.
- Question 35Multiple Select
Which two statements about non-leading ledgers in SAP S/4HANA are true? Select two options.
- APost according to local accounting standardsCorrect answer
- BMay use different fiscal year variantsCorrect answer
- CStore only delta adjustments
- DReplace the leading ledger
Why this is the answer
Non-leading ledgers support local GAAP with different valuations, fiscal year variants, and depreciation areas; they do not replace or extend the leading ledger.
- Question 36Interactive
The configuration snippet defines assignments for two ledgers. Which element is assigned to each ledger?
- AAccounting PrincipleCorrect answer
- BFiscal Year Variant
- CCompany Code
- DExtension Ledger
Why this is the answer
An accounting principle is the organizational element assigned to a ledger to link a set of rules, such as IFRS or local GAAP.
Reporting & Analytics
4 questions in this domain
- Question 37Single Choice
In SAP S/4HANA, which chart of accounts is assigned to company codes for routine day-to-day postings in the general ledger?
- AOperating Chart of AccountsCorrect answer
- BGroup Chart of Accounts
- CCountry-Specific Chart of Accounts
- DExtension Ledger
Why this is the answer
The Operating Chart of Accounts is the primary CoA assigned to company codes for day-to-day postings in the general ledger.
- Question 38Multiple Select
Which statements about the operating chart of accounts and account groups are correct in SAP S/4HANA configuration?
- AA company code has one Operating CoA but can also use Group and Country-Specific CoAs through mapping.Correct answer
- BAccount groups control the number range and field status of G/L account master data.Correct answer
- CThe Account Group is assigned to the G/L account, while the Operating CoA is assigned to the company code.Correct answer
- DThe account number is defined at company code level, while field status is defined at chart of accounts level.
Why this is the answer
A company code has one Operating CoA but can be mapped to Group and Country-Specific CoAs; account groups are assigned to G/L accounts and control number ranges and field status.
- Question 39Interactive
Review the configuration snippet and identify the entity to which accounting principles are assigned in SAP S/4HANA.
- ALedgerCorrect answer
- BCompany Code
- COperating Chart of Accounts
- DFiscal Year Variant
Why this is the answer
In S/4HANA, accounting principles are assigned to ledgers, not to company codes, charts of accounts, or fiscal year variants.
- Question 40Single Choice
In every SAP S/4HANA system, which ledger is always active, hardcoded, and serves as the basis for group valuation?
- ALeading Ledger (0L)Correct answer
- BNon-leading Ledger
- CExtension Ledger
- DSecondary Ledger
Why this is the answer
The Leading Ledger (0L) is hardcoded, always active, and serves as the basis for group valuation in every SAP S/4HANA system.
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