Online Questions - Valid Practice To your C-TS4FI-2020 Exam (Updated 82 Questions)
Practice To C-TS4FI-2020 - Remarkable Practice On your SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Exam
SAP C-TS4FI-2020 Exam Syllabus Topics:
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SAP S/4HANA Financial Accounting Certification Exam Details:
| Level | Associate |
| Passing Score | C_TS4FI_2020 - 59% C_TS4FI_1900 - 57% |
| Exam Name | SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909) |
| Sample Questions | SAP S/4HANA Financial Accounting Certification Sample Questions |
| Schedule Exam | SAP Training |
| Duration | 180 mins |
| Exam Code | C_TS4FI_2020 |
| Number of Questions | 80 |
NEW QUESTION 48
What do you define when you create a new document type? Note: There are 2 correct answers to this question.
- A. Posting keys for the document type
- B. Reasons for reversal
- C. Account types allowed for posting
- D. Number range for the document type
Answer: C,D
NEW QUESTION 49
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system? Note: There are 2 correct answers to this question.
- A. Switch on the data aging business function.
- B. Define the logical file path as a global path for data aging
- C. Archive transactional data no longer legally required
- D. Add required authorizations for data aging to your role
Answer: A,C
NEW QUESTION 50
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L Which special G/Ltype do you recommend?
- A. Bill of exchange
- B. Noted items
- C. Free offsetting entries
- D. Statistical postings
Answer: B
NEW QUESTION 51
To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer.
- A. Archive and delete
- B. Backup and delete
- C. Extract and delete
- D. Delete
Answer: A
NEW QUESTION 52
What are the features of the Accrual Engine in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. All accrual calculations must be reviewed and approved before posting
- B. The fiscal year variant of the general ledger is supported.
- C. All currencies of the general ledger are supported.
- D. Accrual postings with a maximum of two line items are supported.
Answer: B,C
NEW QUESTION 53
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 external number ranges with the same range and assign one to each of the relevant document types.
- B. Create two internal number ranges with the same range and assign one each to 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 54
You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. iDefine two valuation methods and assign the accounting principles to the new valuation methods
- B. Define a valuation area and extension ledger to link with the new valuation area
- C. Define two valuation areas and two accounting principles with relevant links to ledgers
- D. Define a valuation area and ledger group for two ledgers to link with the new valuation area
Answer: A
NEW QUESTION 55
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? There are 2 correct answers to this question.
- A. Hold function
- B. Save function
- C. Parking function
- D. Insert function
Answer: A,C
NEW QUESTION 56
Which of the following control data is carried by asset classes? Choose the correct answers. (3)
- A. Number range interval
- B. Account determination
- C. Insurance type
- D. Screen layout
Answer: A,B,D
NEW QUESTION 57
Which statements best describe a profit center?
There are 2 correct answers to this question.
Response:
- A. It is the only object from which segments can be uniformly derived.
- B. It is the only object that can be uniformly derived using segments.
- C. It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
- D. It is an element for which separate balance sheet and P&L statements can be created.
Answer: A,D
NEW QUESTION 58
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 paying company codes
- B. Configure the payment methods for each company code
- C. Configure the G/L account field status for document entry
- D. Configure the house banks
Answer: A,B,D
NEW QUESTION 59
In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. Determine whether this statement is true or false. Please choose the correct answer.
- A. True
- B. False
Answer: A
NEW QUESTION 60
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.
- A. It is impossible to use assets under construction with Investment Management.
- B. It is possible to post credit memos, even after assets under construction are fully capitalized.
- C. It is possible tocalculate 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: B,D
NEW QUESTION 61
For which activities can you use an extension ledger?
Note: There are 2 correct answers to this question.
Response:
- A. Adjustments for consolidation purposes
- B. Configuration of custom fields for financial statements
- C. Simulation of foreign currency valuation
- D. Parallel valuation of depreciation areas
Answer: A,C
NEW QUESTION 62
You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question.
- A. Raw material purchases
- B. Fixed Asset purchases
- C. Insurance premiums
- D. Consulting services
Answer: A,B
NEW QUESTION 63
Which two reports should you use to create correspondence to and from customers and vendors to enable you to verify the balance of receivables and payables?
There are 2 correct answers to this question.
Response:
- A. SAPF130K
- B. SAPF130L
- C. SAPF130E
- D. SAPF130D
Answer: A,D
NEW QUESTION 64
Which data do you define on the bank master record? Note: There are 2 correct answers to this question.
- A. A unique bank country
- B. Payment and dunning information
- C. Corresponding business area
- D. Address data and control data
Answer: A,D
NEW QUESTION 65
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 66
Which functions allow you to temporarily save the entered data? Choose the correct answers. 2
- A. Hold function
- B. Save function
- C. Parking function
- D. Insert function
Answer: A,C
NEW QUESTION 67
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