A fully updated 2021 C_TS4FI_2020 Exam Dumps exam guide from training expert ActualPDF
Provides complete coverage of every objective on exam and exam preparation C_TS4FI_2020
NEW QUESTION 90
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.
Response:
- A. Simulate
- B. Park
- C. Post
- D. Hold
Answer: B,C
NEW QUESTION 91
You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system How would you define the document number range?
- A. You have to use internal number assignment.
- B. You can use internal, external, or continuous number assignment.
- C. You have to use continuous number assignment
- D. You have to useexternal number assignment.
Answer: B
NEW QUESTION 92
You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?
Please choose the correct answer.
Response:
- A. The balance of the new account is added to the non-assigned section and is included in the calculation.
- B. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
- C. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.
- D. The balance of the new account is added to the non-assigned section and is excluded from the calculation.
Answer: D
NEW QUESTION 93
Identify the steps performed during the general ledger closing operations for the fiscal year.
There are 3 correct answers to this question.
Response:
- A. Vendor invoices are posted.
- B. Foreign currency documents are valuated.
- C. Accruals are carried out.
- D. The balance carry forward program is run.
Answer: B,C,D
NEW QUESTION 94
What does the document type control?
There are 2 correct answers to this question.
Response:
- A. Whether negative postings are permitted
- B. Which posting keys are allowed for postings
- C. Whether exchange rate difference is permitted
- D. Which account types are allowed for postings
Answer: A,D
NEW QUESTION 95
SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio integrate with SAP S/4HANA to help you perform human resource management?
There are 2 correct answers to this question.
Response:
- A. SAP Fieldglass
- B. SAP Success Factors
- C. SAP C/4HANA
- D. SAP Ariba
Answer: A,B
NEW QUESTION 96
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 97
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
- A. Remove the subnumber indicator in screen layout maintenance.
- B. Remove the main asset indicator in screen layout maintenance.
- C. Remove the reference indicator in screen layout maintenance.
- D. Remove the asset class indicator in screen layout maintenance.
Answer: C
NEW QUESTION 98
You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values.
When you post an external acquisition, how many documents are created?
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 99
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 100
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
Please choose the correct answer.
Response:
- A. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach.
- B. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach.
- C. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
- D. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.
Answer: A
NEW QUESTION 101
Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Response:
- A. Transaction currency
- B. Local currency
- C. Group currency
- D. Material ledger currency
Answer: B,C
NEW QUESTION 102
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Response:
- A. Dunning block
- B. Dunning key
- C. Dunning area
- D. Dunning interval
- E. Dunning procedure
Answer: A,C,E
NEW QUESTION 103
Which of the following retirement types is referred to as scrapping?
Response:
- A. Partial retirement without revenue and without customer
- B. Complete integrated asset retirement
- C. Complete retirement with revenue but without customer
- D. Unplanned depreciation of remaining value
Answer: A
NEW QUESTION 104
How can you perform transfers of assets between company codes with different charts of depreciation?
Please choose the correct answer.
Response:
- A. Assign the group chart of depreciation to the relevant fixed assets.
- B. Enter depreciation area mapping during intercompany transfer posting.
- C. Correct depreciation area assignment in the asset master record after posting.
- D. Configure the cross-company depreciation areas in customizing.
Answer: D
NEW QUESTION 105
What is controlled by the terms of payment?
There are 3 correct answers to this question.
Response:
- A. Allowed account type
- B. Determination of the baseline date
- C. Default payment method
- D. Setting for net procedure
- E. Account for cash discount received
Answer: A,B,C
NEW QUESTION 106
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend?
Response:
- A. Free offsetting entries
- B. Noted items
- C. Statistical postings
- D. Bill of exchange
Answer: B
NEW QUESTION 107
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
Response:
- A. Non-operating expense or income
- B. Reconciliation accounts
- C. Secondary costs
- D. Balance sheet
- E. Field status group
Answer: A,C,D
NEW QUESTION 108
In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.
If you use the application to post integrated asset acquisitions, how many documents will the system post?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 109
What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.
Response:
- A. It is used for posting from CO to FI.
- B. It is used for the authorization object for posting periods.
- C. It is used for period lock in special purpose ledger.
- D. It is used for special period posting.
Answer: A
NEW QUESTION 110
Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?
Response:
- A. In the screen layout of the asset master record
- B. In the asset master record of the main asset
- C. In the account determination of the asset class
- D. In the screen layout of the depredation area
Answer: D
NEW QUESTION 111
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:
- A. OL
- B. 1L
- C. 3L
- D. 2L
Answer: A
NEW QUESTION 112
Identify the application areas where validations and substitutions can be used.
There are 2 correct answers to this question.
Response:
- A. AA - Asset Accounting
- B. SD - Sales and Distribution
- C. CO - Cost Accounting
- D. FI - Financial Accounting
Answer: C,D
NEW QUESTION 113
You are configuring accrual types for the accrual engine. For which postings is account determination required?
There are 2 correct answers to this question.
Response:
- A. Periodic only
- B. Closing Posting only
- C. Opening and Closing Posting only
- D. Opening Posting only
Answer: A,D
NEW QUESTION 114
Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.
Response:
- A. Configure the G/L account field status for document entry
- B. Configure the paying company codes
- C. Configure the payment methods for each company code
- D. Configure the house banks
Answer: B,C,D
NEW QUESTION 115
......
Tested Material Used To C_TS4FI_2020: https://www.actualpdf.com/C_TS4FI_2020_exam-dumps.html
Steps Necessary To Pass The C_TS4FI_2020 Exam: https://drive.google.com/open?id=1ZKEhSywR4sgiR4jtwwfK4yVvMsN7dwro
