C-TS4FI-2020 by SAP Actual Free Exam Questions And Answers

Question 1

What is the purpose of period interval 3 when you define open and closed periods?

A. Posting to special purpose ledger

B. Authorization control for posting periods

C. Posting to special periods

D. Posting from CO to Fl

Discussion 0

Correct Answer: D Vote an answer

Question 2

Which elements define the integration of asset acquisitions with the general ledger? Note:There are 2 correct answers to this question

A. Depreciation keys

B. Valuation area

C. Asset class

D. Depreciation area

Discussion 0

Correct Answer: C,D Vote an answer

Question 3

For which account can you perform account clearing in SAP S/4HANA?

A. For any account that is managed on an open item basis

B. For any account that is managed on a line item basis.

C. For any balance sheet account.

D. For any GL account defined as reconciliation account

Discussion 0

Correct Answer: D Vote an answer

Question 4

You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question.

A. Consulting services

B. Fixed Asset purchases

C. Raw material purchases

D. Insurance premiums

Discussion 0

Correct Answer: B,C Vote an answer

Question 5

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 performs tax adjustments for cash discounts and other forms of deduction

C. It adjusts the tax codes and automatically updates the procedure.

D. It checks the tax amount entered and automatically calculates the tax

E. It posts the tax amount to tax accounts.

Discussion 0

Correct Answer: B,D,E Vote an answer

Question 6

Which fields of a financial accounting document influence the automatic payment program? Note: There are 3 correct answers to this question.

A. Payment block

B. Payment method

C. Payment type

D. Invoice reference

E. Terms of payment

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 7

What do you define when configuring asset classes? Note:There are 3 correct answers to this question.

A. Number ranges

B. Financial statement version

C. Posting keys

D. Screen layout rules

E. Account determination

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 8

You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori? Note: There are 2 correct answers to this question.

A. You can create an app to take you directly to the cash position of the North American business market.

B. You can adapt the Launchpad colour theme according to predefined values for the cash report.

C. You can manage user access to relevant apps for the North American accounts payable group that reports to you.

D. You can create a tile group with all the apps required for your daily business for easy access.

Discussion 0

Correct Answer: A,D Vote an answer

Question 9

To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question.

A. Create template

B. Define person responsible for tasks

C. Release task list

D. Create task groups

E. Define task dependencies

Discussion 0

Correct Answer: A,D,E Vote an answer

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) - C-TS4FI-2020 Exam Practice Test

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