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Exam Code: P_S4FIN_2021
Exam Name: Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Vendor: SAP

60 Questions & Answers
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NEW QUESTION: 1
HOTSPOT
A Datum is evaluating whether to acquire the SQL Server 2014 licenses through a Server and Cloud Enrollment (SCE).
For each of the following statements, select Yes if the statement is true. Otherwise, select No.

Answer:
Explanation:

Topic 2, Contoso, Ltd
Overview
Contoso, Ltd. is an online store that has a main office, two branch offices, and five
warehouses.
Contoso has 2,600 users. Nine hundred users work in the warehouses. The rest of the
users work in the offices.
Contoso has 1,000 partners. The partners are manufacturers and distributors whose
products are sold online by Contoso.
The company has an IT department, a purchasing department, a research department, a
marketing department a human resources (HR) department, and a finance department.
Existing Environment
Current Environment
Contoso uses various versions of Microsoft SQL Server for its online store application.
Licenses are purchased under Select Plus, Open, Full Packaged Product (FPP). and Original Equipment Manufacturer (OEM). Some licenses have Software Assurance (SA). Contoso is not enrolled in a Software Assurance Membership (SAM).
Problem Statement
Contoso identifies the following issues: The users in the IT department who are responsible for licensing are unaware of the software installations done in the branch offices and the warehouses. Currently, branch office and warehouse managers purchase software licenses independently, according to their needs and to seasonal changes in employment. The IT manager reports that there is a limited budget to update the internal infrastructure compared to the budget to update the infrastructure for the online store systems. The manager also reports that there is limited staff available to manage the IT infrastructure. The HR department reports that requests for vacation time for employees in the warehouses are sent to them by using email and that the current process is unmanageable. The IT department users who are responsible for licensing report that they spend too much time managing various types of licensing solutions. The research department reports that it frequently lacks the server hardware resources to test new multi-tiered applications.
Requirements
Business Goals
- - ---
Contoso has the following business goals:
-----
---
Minimize the costs of upgrading.
Deliver IT resources to users on demand.
Use current and standardized software across the company.
Increase and decrease the license count based on seasonal employment.
Meet an internal IT department requirement that new systems be low
maintenance.
Create an HR absence workflow system to manage the vacation time of the users
at the warehouses.
Update the company's internal IT environment and minimize all costs associated
with the update.
Centralize the purchasing of Microsoft software and implement a standardized
purchasing process to avoid non-compliant installations.
Planned Changes
Contoso is considering two options:
--
Purchasing new hardware and software and keeping all systems on-premises Migrating the existing IT environment to the cloud
Both solutions will be implemented by the IT department.
Contoso plans to use the latest version of Windows Server, Microsoft Exchange Server,
Microsoft SharePoint Server, and Microsoft Lync Server.
All of the users, except for the warehouse users, must be able to use the Enterprise Voice
feature of Lync.

NEW QUESTION: 2
As per the Linux Documentation Project (LDP), which directory in the File System Hierarchy (FSH) holds the online distribution documentation that includes FAQs, How-to's, Web sites, and so on?
A. /usr/share/man/doc
B. /usr/include
C. /usr/local/share
D. /usr/share/doc
Answer: D

NEW QUESTION: 3
For the next 2 years, a lease is estimated to have an operating net cash inflow of $7,500 per annum,
before adjusting for $5,000 per annum tax basis lease amortization, and a 40% tax rate. The present
value of an ordinary annuity of $1 per year at 10% for 2 years is $1.74. What is the lease's after-tax
present value using a 10% discount factor?
A. $4,350
B. $11,310
C. $9,570
D. $2,610
Answer: B
Explanation:
Choice "d" is correct. Present value is based on the cash flows of an activity. Amortization is a non-cash
expense that is considered only for its tax shield; therefore, the only relevant amounts are the $7,500
operating net cash inflow and the tax paid.

After-tax PV $11,310 Choice "a" is incorrect. Amortization expense of $5,000 is a non-cash expense and
is not used to compute after-tax present value. It is used to determine the cash paid for taxes. Choice "b"
is incorrect. Amortization is a non-cash expense. It is not considered in the calculation, expecpt to the
extent it creates a tax shield. The tax shield reduces the amount of taxes paid out by the company. Choice
"c" is incorrect. Present value is based on the cash flows of an activity. Amortization is a noncash expense
that is considered only for its tax shield; therefore, the only relevant amounts are the $7,500 operating net
cash inflow and the tax paid.

NEW QUESTION: 4
You set up security roles for the users in a company.
You must use standard security roles when possible.
You need to identify the standard security roles.
Which of the following can you assign to a user as a standard security role?
A. Business development manager
B. Developer
C. Accounting manager
D. Alliance manager
Answer: C


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