Nov 17, 2022 Reliable Study Materials for C_TS4FI_2021 Exam Success For Sure
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NEW QUESTION 47
Accounts Payable & Accounts Receivable
How does the system determine the correspondence type of a payment notice?
- A. According to the reason code, as long as all the reason code carry the same correspondence type.
- B. According to the tolerance group, as long as all the tolerance groups carry the same correspondence type.
- C. According to the tolerance group, as long as all the reason code carry the same correspondence type.
- D. According to the reason code, as long as all the tolerance groups carry the same correspondence type.
Answer: D
NEW QUESTION 48
General Ledger Accounting
For which account can you perform account clearing in SAP S/4HANA?
- A. For any G/L account defined as reconciliation account
- B. For any balance sheet account managed on a line item basis
- C. For any account that is managed on an open item basis
- D. For any account that is assigned to a financial statement version
Answer: A
NEW QUESTION 49
"Organizational Assignments and Process Integration "
Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?
- A. A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item.
- B. A down payment request is created as an FI noted item, which automatically generates as an SD billing document.
- C. A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.
- D. A down payment request is created as an FI noted item, which automatically generates as an SD sales order.
Answer: B
NEW QUESTION 50
Accounts Payable & Accounts Receivable
Which business partner characteristic is mapped to the customer and supplier account groups?
- A. Business partner role
- B. Business partner grouping
- C. Business partner type
- D. Business partner account group
Answer: D
NEW QUESTION 51
Asset Accounting
"In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalize in a single accounting priciple.
If you use the application to post integrated asset acquisitions, how many documents will the system post?"
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 52
To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question.
- A. Define task dependencies
- B. Create task groups
- C. Define person responsible for tasks
- D. Release task list
- E. Create template
Answer: A,B,E
NEW QUESTION 53
Overview and Deployment of SAP S/4HANA
"What are some features of SAP HANA?
Note: There are 2 correct answers to this question."
- A. SAP HANA is optimized to organize data using column stores.
- B. SAP HANA is built on a hierarchical data model architecture.
- C. SAP HANA allows transactional and analytical processing from the same tables.
- D. SAP HANA is optimized to work with aggregates and index tables.
Answer: A,C
NEW QUESTION 54
Asset Accounting
"What are the maintenace levels of a screen layout rule for asset master data?
Note: There are 3 correct answers to this question."
- A. Group asset
- B. Depreciation area
- C. Asset class
- D. Asset subnumber
- E. Main asset number
Answer: C,D,E
NEW QUESTION 55
General Ledger Accounting
"Which statements best describe a profit center?
Note: There are 2 correct answers to this question."
- A. It is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment.
- B. It is the only object from which segments can be unifornly derived.
- C. It is the only object that can be unifromly derived using segments.
- D. It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not.
Answer: B,D
NEW QUESTION 56
General Ledger Accounting
"You want to configure the tax calculation procedures. What are the main elements you need to define? Note:
There are 3 correct answers to this question"
- A. Tax code
- B. Condition type
- C. Account key
- D. Sequence of steps
- E. Tax category
Answer: B,C,E
NEW QUESTION 57
Financial Closing
"What are the features of the Accrual Engine in SAP S/4HANA?
Note: There are 2 correct answers to this question"
- A. Accrual postings with a maximum of two line items are supported
- B. The fiscal year variant of the general ledger is supported
- C. All accrual calculations must be reviewed and approved before posting
- D. All currencies of the general ledger are supported
Answer: B,D
NEW QUESTION 58
When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.
- A. When an account is set up as a cost element
- B. When an account is required for clearing
- C. When an account is used as a reconciliation account
- D. When an account has a zero balance
Answer: B,D
NEW QUESTION 59
General Ledger Accounting
"A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to this account?"
- A. You can only post to the account in CAD.
- B. You can post to the account in any currency and it will be converted into CAD.
- C. You can only post to the account in CAD and USD.
- D. You can only post to the account in CAD, USD, and EUR.
Answer: A
NEW QUESTION 60
Accounts Payable & Accounts Receivable
"Which documents are needed to complete the 3-way match in procurement transactions?
Note: There are 3 correct answers to this question"
- A. Invoice Receipt
- B. Down payment request
- C. Goodes Receipt
- D. Purchase Order
- E. Purchase Requisition
Answer: A,C,D
NEW QUESTION 61
Financial Closing
Which of the following is a technical year-end closing activity is SAP S/4HANA?
- A. Ledger valances must be carried forward.
- B. Accruals must be posted.
- C. Foreign currency valuation must be posted.
- D. Balance sheet adjustments must be posted.
Answer: A
NEW QUESTION 62
Financial Closing
"Which statements best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this question."
- A. Extension ledger can be assigned their own fiscal year variant.
- B. Extension ledgers can have different currencies than the underlying.
- C. Extension ledgers can be assigned their own posting period variant.
- D. Multiple extension ledgers can point to the same underlying ledger.
Answer: A,D
NEW QUESTION 63
"Organizational Assignments and Process Integration "
"Ypu need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.
How do you define the document number range?"
- A. You can use internal or external number assignment.
- B. You must use internal number assignment.
- C. You must use external number assignment.
- D. You can use internal or external number assignment, but it has to be continuous.
Answer: C
NEW QUESTION 64
Asset Accounting
"You are asked to explain how assets under construction work in SAP S/4 HANA What should you highlight?
Note: There are 2 correct answers to this question."
- A. It is possible to post credit memos, even after assets under construction are fully capitalized
- B. It is impossible to use assets under construction with Investment Management
- C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction
- D. It is possible to post special tax depreciation and investment support for assets under construction
Answer: A,D
NEW QUESTION 65
Financial Closing
"You forget to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?"
- A. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation
- B. The balance of the new account is added to the non-assigned section and is included in the calculation
- C. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
- D. The balance of the new account is added to the non-assigned section and is excluded from the calculation
Answer: C
NEW QUESTION 66
General Ledger Accounting
"How does SAP S/4HANA support the treatment of taxes?
Note: There are 3 correct answers to this question."
- A. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
- B. It checks the tax amount entered and automatically calculates the tax.
- C. It posts the tax amount to tax accounts.
- D. It perform tax adjustments for cash discounts and other forms of deductions.
- E. It adjusts the tax codes and automatically updated the procedure.
Answer: B,C,D
NEW QUESTION 67
General Ledger Accounting
"You are responsible for configuring document splitting.
What are some of the ky settings?
Note There are 2 correct answer to this question."
- A. Field status variant
- B. Business transaction variant
- C. Document type
- D. Document number range
Answer: B,C
NEW QUESTION 68
General Ledger Accounting
"Besides using the profit center, which options dose General Ledger Accounting with document splitting provide to assign a segment to the posting line?
Note: there are 2 correct answers to this question."
- A. Assignment of default segments to G/L accounts
- B. Badi implementation (FAGL_DERIVE_SEGMENT)
- C. Standard account assignment using constants
- D. Definition of validation rules
Answer: B,D
NEW QUESTION 69
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