Ultimate Guide to Prepare C_TS4FI_2020 Certification Exam for SAP Certified Application Associate in 2021
Use Real C_TS4FI_2020 Dumps - SAP Correct Answers updated on 2021
NEW QUESTION 51
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 52
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
There are 3 correct answers to this question.
Response:
- A. Activate aging on SAP HANA.
- B. Switch on the data aging business function.
- C. Define the logical file path as a global path for data aging.
- D. Activate data aging for your company code.
- E. Add required authorizations for data aging to your role.
Answer: A,B,E
NEW QUESTION 53
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 54
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations?
There are 3 correct answers to this question.
Response:
- A. Balance adjustment
- B. Balance request
- C. Balance notification
- D. Balance confirmation
Answer: B,C,D
NEW QUESTION 55
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 56
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 57
Where is the billing document created?
Please choose the correct answer.
Response:
- A. Sales and Distribution
- B. Accounting
- C. Materials Management
- D. Financial Accounting
Answer: A
NEW QUESTION 58
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question.
Response:
- A. Routine
- B. Responsive
- C. Role-based
- D. Rational
Answer: B,C
NEW QUESTION 59
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 60
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 61
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Response:
- A. Analytical
- B. Configuration
- C. Transactional
- D. Fact sheet
Answer: B
NEW QUESTION 62
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
Response:
- A. False
- B. True
Answer: A
NEW QUESTION 63
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 64
What is the purpose of the group account number in General Ledger account master data maintenance?
Response:
- A. it is used for cross-company-code reporting if the company codes use different charts of account.
- B. It determines the fields in the entry screen when you create or update a master record in the company code
- C. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.
- D. It defaults the number interval that is applied for the G/L account number in the company code.
Answer: A
NEW QUESTION 65
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 66
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 67
Which deployment options exist for SAP S4HANA?
Note: There are 3 correct answers to this question.
Response:
- A. Cloud deployment
- B. On-premise deployment
- C. Central hub deployment
- D. Hybrid deployment
- E. Agile deployment
Answer: A,B,D
NEW QUESTION 68
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 69
What is the purpose of the reorganization of segments?
There are 2 correct answers to this question.
Response:
- A. Enables segment deletion.
- B. Enables merge of segments.
- C. Enables segment derivation.
- D. Enables segment reassignments.
Answer: B,D
NEW QUESTION 70
What must you do to create new validations and substitutions?
Note There are 2 correct answers to this question.
Response:
- A. Define the area of application
- B. Choose the chart of accounts
- C. Deactivate all former validations and substitutions
- D. Select the relevant call-up point
Answer: A,D
NEW QUESTION 71
Which business partner categories are available to manage relationships?
Note: There are 2 correct answers to this question.
Response:
- A. Organization
- B. Bank
- C. Person
- D. Customer
Answer: A,C
NEW QUESTION 72
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 73
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 74
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