C_TS4FI_2020 Free Certification Exam Easy to Download PDF Format 2023
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NEW QUESTION 25
Which currency types can you set in customizing activity "define setting for ledgers and currency type"? There are 2 correct answers to this question.
- A. Material Ledger Currency
- B. Group Currency
- C. Transaction Currency
- D. Local Currency
Answer: A,B
NEW QUESTION 26
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
- A. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
- B. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach
- C. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach
- D. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach
Answer: D
NEW QUESTION 27
Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question
- A. The reversal reason must be configured to allow negative postings.
- B. The company code must allow negative postings.
- C. The reversal accounts must be configured to allow negative postings.
- D. The posting key must allow negative postings.
Answer: A,B
NEW QUESTION 28
Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers. (2)
- A. Document header
- B. Organizational unit
- C. Controlling area
- D. Document line
Answer: A,D
NEW QUESTION 29
What are some features of SAP HA NA? Note:There are 2 correct answers to this question
- A. SAP HANA allows transactional and analytical processing from the same tables
- B. SAP HANA is optimized to work with aggregates and index tables
- C. SAP HANA is optimized to organize data using column stores
- D. SAP HANA is built on a hierarchical data model architecture
Answer: A,C
NEW QUESTION 30
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. Backup and delete
- B. Delete
- C. Extract and delete
- D. Archive and delete
Answer: D
NEW QUESTION 31
Which edition of SAP S/4HANA introduced the universal journal?
- A. SAP Business Suite powered by SAP HANA
- B. SAP S/4HANA Finance 1503
- C. SAP S/4HANA Cloud
- D. SAP S/4HANA1511
Answer: B
NEW QUESTION 32
Which business partner categories are available to manage relationships?
Note: There are 2 correct answers to this question.
Response:
- A. Organization
- B. Person
- C. Bank
- D. Customer
Answer: A,B
NEW QUESTION 33
Which objects can be posted to by more than one company code? There are 3 correct answers to this question.
- A. Business area
- B. Profit Center
- C. Sales organization
- D. Cost center
- E. Segment
Answer: A,C
NEW QUESTION 34
What steps are required to create a substitution in financial accounting? There are 3 correct answers to this question
- A. Select the correct call point
- B. Activate the substitution rule
- C. Define the substitution rule with its different steps using the formula editor
- D. Assign the substitution rule to the controlling area
- E. Choose the area of application GL
Answer: B,C,E
NEW QUESTION 35
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.
- A. Document type
- B. Account group
- C. G/L account
- D. Posting key
Answer: C,D
NEW QUESTION 36
Which edition of SAP S/4HANA introduced the universal journal?
Please choose the correct answer.
Response:
- A. SAP Business Suite powered by SAP HANA
- B. SAP S/4HANA 1511
- C. SAP S/4HANA Finance 1503
- D. SAP S/4HANA Cloud
Answer: A
NEW QUESTION 37
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. Account key
- B. Country key
- C. Sequence of steps
- D. Tax code
- E. Condition type
Answer: A,D,E
NEW QUESTION 38
Which of the following parameters can you define within a dunning procedure?
Note : There are 2 correct answers to this question.
Response:
- A. Line item grace period
- B. Number of dunning levels
- C. Line item total period
- D. Company code
Answer: A,B
NEW QUESTION 39
In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?
- 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 loss item Material expenses in loss item
- D. Sales deductions in assets item Material expenses in loss item
Answer: B
NEW QUESTION 40
You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? Note: There are 2 correct answers to this question.
- A. Check
- B. Prerequisite
- C. Replacement
- D. Message
Answer: B,C
NEW QUESTION 41
Which elements define the integration of asset acquisitions with the general ledger? Note:There are 2 correct answers to this question
- A. Asset class
- B. Depreciation keys
- C. Valuation area
- D. Depreciation area
Answer: A,D
NEW QUESTION 42
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SAP S/4HANA Financial Accounting Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Accounts Payable & Accounts Receivable | Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales. TS4F01 (SAP S/4HANA 2020) | > 12% |
| General Ledger Accounting | 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. TS4F01 (SAP S/4HANA 2020) | > 12% |
| Financial Closing | 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. TS4F02 (SAP S/4HANA 2020) | > 12% |
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