Exam Dumps C_TS4FI_2020 Practice Free Latest SAP Practice Tests
C_TS4FI_2020 Exam Questions | Real C_TS4FI_2020 Practice Dumps
SAP C_TS4FI_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Asset Accounting > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting. |
| General Ledger Accounting > 12% | Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting. |
| Overview and Deployment of SAP S/4HANA < 8% | Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
| Financial Closing > 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods. |
NEW QUESTION 115
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Choose the correct answer.
- A. Goods receipt
- B. Invoice receipt
- C. Creation of purchase order
Answer: C
NEW QUESTION 116
Which business partner characteristic is mapped to the customer and supplier account groups?
Please choose the correct answer.
Response:
- A. Business partner grouping
- B. Business partner type
- C. Business partner role
- D. Business partner category
Answer: A
NEW QUESTION 117
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 the authorization object for posting periods.
- B. It is used for special period posting.
- C. It is used for posting from CO to FI.
- D. It is used for period lock in special purpose ledger.
Answer: C
NEW QUESTION 118
Where can an SAP Fiori end user change the theme of their launchpad?
Please choose the correct answer.
Response:
- A. In the Me area of the launchpad
- B. In the Tile Group area of the launchpad designer
- C. In the Tile Catalog area of the launchpad designer
- D. In the UI theme designer
Answer: A
NEW QUESTION 119
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question.
Response:
- A. Document type
- B. G/L account
- C. Posting key
- D. Account group
Answer: B,C
NEW QUESTION 120
The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?
- A. Account selection
- B. V
- C. Dun account
- D. Dun line items
Answer: A
NEW QUESTION 121
On which database is SAP S/4HANA built to run?
- A. Only on SAp HANA
- B. Ona select list of SAP and third-party databases
- C. On all modem enterprise level databases
- D. On all databases that support columnar data storage
Answer: A
NEW QUESTION 122
Which of the following standard correspondence types can you use to exchange information with customers and suppliers? There are 2 correct answers to this question.
- A. Dunning letters
- B. Invoices
- C. Payment notices
- D. Bill of exchange charges statements
Answer: A,C
NEW QUESTION 123
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing?
Please choose the answer:
- A. Hide
- B. Required
- C. Display
- D. Optional
Answer: D
NEW QUESTION 124
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 125
Which of the following options can you use to change the G/L account master data using collective processing? Choose the correct answers. (3)
- A. Change client level data
- B. Change chart of accounts data
- C. Change account descriptions
- D. Change company code data
Answer: B,C,D
NEW QUESTION 126
Which of the following methods does the depreciation key define? Choose the correct answers. 3
- A. Base method
- B. Period control method
- C. Asset sheet valuation method
- D. Multilevel method
Answer: A,B,D
NEW QUESTION 127
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
Response:
- A. SAP S/4HANA with Central Finance
- B. SAP S/4HANA Cloud
- C. SAP S/4HANA Finance
- D. SAP S/4HANA on-premise
Answer: B
NEW QUESTION 128
You want to create a substitution in financial accounting. What parts do you have to define for each step of the substitution? There are 2 correct answers to this question
- A. Prerequisite.
- B. Message
- C. Check
- D. Replacement
Answer: A,D
NEW QUESTION 129
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
Response:
- A. The account is assigned in the asset account determination for each valid depredation area.
- B. The account is a reconciliation balance sheet account for fixed assets.
- C. The account is a profit-and-loss account that must be open item managed.
- D. The account is created for all active company codes of the client.
Answer: B
NEW QUESTION 130
In the integrated scenario for down payments, in what step of the process do you enter the down payment information?
Response:
- A. Down payment monitoring
- B. Invoice verification
- C. Purchase order creation
- D. Goods receipt creation
Answer: C
NEW QUESTION 131
What are the characteristics of a company in SAP S/4HANA ? Note: 2 answers
- A. It is considered for consolidation
- B. It is responsible for costs and revenues within an organization
- C. It can be assigned to a company code
- D. It represents separate areas of operation within an organization
Answer: A,C
NEW QUESTION 132
What kind of customization can users do on their launchpad? There are 2 correct answers to this question.
- A. Change the icons on tiles.
- B. Create their own tile groups.
- C. Change the name of tile groups
- D. Change the names of tiles.
Answer: B,C
NEW QUESTION 133
In stock valuation, which of the following groups of stocks are valuated? Choose the correct answers. 3
- A. Finished goods
- B. Work in process
- C. Raw materials, supplies, and consumables
- D. Goods invoiced
Answer: A,B,C
NEW QUESTION 134
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. Post
- C. Hold
- D. Park
Answer: B,D
NEW QUESTION 135
You want to configure the tax calculation procedures. What are the main elements you need to define? There are 3 correct answers to this question
- A. Tax code
- B. Condition Type
- C. Account or transaction key
- D. Sequence of steps
- E. Country key
Answer: B,C,D
NEW QUESTION 136
Delta postings can execute revaluation. Determine whether this statement is true or false.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 137
What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer.
- A. IL
- B. 3L
- C. 0L
- D. 2L
Answer: C
NEW QUESTION 138
Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with 10% VAT. How many line items are created in the Entry view and how many are created in the General Ledger view?
- A. Entry view: 5 General Ledger view: 9
- B. Entry view: 3 General Ledger view 7
- C. Entry view: 3 General Ledger view: 9
- D. Entry view: 5 General Ledger view 7
Answer: A
NEW QUESTION 139
What is the recommended organizational unit for cost-of-sales accounting?
- A. Functional area
- B. Business area
- C. Sales area
- D. Controlling area
Answer: A
NEW QUESTION 140
......
Verified C_TS4FI_2020 Exam Dumps Q&As - Provide C_TS4FI_2020 with Correct Answers: https://www.testbraindump.com/C_TS4FI_2020-exam-prep.html
Pass Your C_TS4FI_2020 Dumps Free Latest SAP Practice Tests: https://drive.google.com/open?id=1_EiR634bhB_ffZebyIWlg2vchp-8mxko
