SAP Certified Application Associate C_TS4FI_2020 Real Exam Questions and Answers FREE Updated on Oct 21, 2021
C_TS4FI_2020 Ultimate Study Guide - ActualPDF
NEW QUESTION 134
Which edition of SAP S/4HANA introduced the universal journal?
Please choose the correct answer.
Response:
- A. SAP S/4HANA 1511
- B. SAP Business Suite powered by SAP HANA
- C. SAP S/4HANA Finance 1503
- D. SAP S/4HANA Cloud
Answer: B
NEW QUESTION 135
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight?
There are 2 correct answers to this question.
Response:
- A. It is possible to post special tax depreciation and investment support for assets under construction.
- B. It is possible to post credit memos, even after assets under construction are fully capitalized.
- C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
- D. It is impossible to use assets under construction with Investment Management.
Answer: A,B
NEW QUESTION 136
You are posting an incoming payment against an invoice. Which document values does the user tolerance group control?
There are 2 correct answers to this question.
Response:
- A. The cash discount percentage allowed for the complete document
- B. The payment amount allowed for each customer open item
- C. The cash discount amount (absolute value) allowed for a line item
- D. The total amount (sum of all line items) allowed to be posted
Answer: C,D
NEW QUESTION 137
On which levels can you maintain field status controls for business partners (BP)?
There are 3 correct answers to this question.
Response:
- A. Client
- B. BP category
- C. Company code
- D. BP role
- E. BP type
Answer: A,D,E
NEW QUESTION 138
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 139
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer.
Response:
- A. Net book value
- B. Asset value date (asset retirement date)
Answer: B
NEW QUESTION 140
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:
- A. Create two internal number ranges with the same range and assign one each to the relevant document types.
- B. Create two external number ranges with the same range and assign one to each of the relevant document types.
- C. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- D. Enter the same document number range in the customizing definition of both document types.
Answer: D
NEW QUESTION 141
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
- A. Ensure depreciation areas always post to the general ledger.
- B. Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area. - C. Assign a ledger group to each depreciation area.
Answer: A,C
NEW QUESTION 142
Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question.
Response:
- A. The invoice has a debit balance.
- B. An invalid house bank is selected.
- C. The discount period has expired.
- D. The payment amount is less than the minimum amount specified for a payment.
Answer: A,B,D
NEW QUESTION 143
Which entries do you define when maintaining a G/L account?
There are 3 correct answers to this question.
Response:
- A. Field status group
- B. Profit center
- C. Ledger assignment
- D. Account Type
- E. Account group
Answer: A,D,E
NEW QUESTION 144
In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?
Response:
- A. Sales deductions in liabilities item
material expenses in loss item - B. Sales deductions in loss item
Material expenses in liabilities item - C. Sales deductions in assets item
Material expenses in loss item - D. Sales deductions in loss item
Material expenses in loss item
Answer: B
NEW QUESTION 145
Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition?
There are 2 correct answers to this question.
Response:
- A. Company code
- B. Document type
- C. Account type
- D. Ledger
Answer: B,C
NEW QUESTION 146
You need to enter a percentage rate in the terms of payment to calculate_____ Please choose the correct answer.
Response:
- A. Debit amount
- B. Credit amount
- C. Cash discount
- D. Invoice discount
Answer: C
NEW QUESTION 147
Which information is checked by the system before a general ledger account k archived?
Response:
- A. The Mark for Deletion indicator is set in master data
- B. The Blocked for Posting indicator is set in master data.
- C. The assigned group account is already archived.
- D. The Open item Management indicator is set in master data
Answer: A
NEW QUESTION 148
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
Please choose the correct answer.
Response:
- A. 1. Store the data.
2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences. - B. 1. Post the correction documents.
2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences. - C. 1. Present reconciled and non-reconciled data
2. Post the correction documents.
3. Store the data.
4. Communicate differences. - D. 1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.
Answer: D
NEW QUESTION 149
Where can an SAP Fiori end user change the theme of their launchpad?
Please choose the correct answer.
Response:
- A. In the UI theme designer
- B. In the Me area of the launchpad
- C. In the Tile Group area of the launchpad designer
- D. In the Tile Catalog area of the launchpad designer
Answer: B
NEW QUESTION 150
Which of the following is the first step in the variant principle?
Please choose the correct answer.
Response:
- A. Assign the variant to the objects
- B. Create multiple variants
- C. Determine values for the variant
- D. Define variant
Answer: D
NEW QUESTION 151
Which of the following can you use for multiple programs with variants that are to be processed automatically?
Please choose the correct answer.
Response:
- A. Task list template
- B. Online transactions
- C. Flow definition
- D. Remote tasks
Answer: C
NEW QUESTION 152
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 153
Which of the following special G/L transactions are noted items?
Note: There are 2 correct answers to this question.
Response:
- A. Down payment
- B. Down payment request
- C. Guarantee of payment
- D. Bill of exchange payment request
Answer: B,D
NEW QUESTION 154
Which of the following parameters can be changed on a time-dependent basis?
There are 3 correct answers to this question.
Response:
- A. Depreciation key
- B. Useful life (year or period)
- C. Variable depreciation portion
- D. Depreciation start date
Answer: A,B,C
NEW QUESTION 155
What does the document splitting do?
Please choose the correct answer.
Response:
- A. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- B. It enriches all profit and loss account lines with the defined splitting characteristics.
- C. It enriches all revenue account lines with the defined splitting characteristics.
- D. It enriches all secondary cost element account lines with the defined splitting characteristics.
Answer: A
NEW QUESTION 156
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