C-TS4FI-2021 by SAP Actual Free Exam Questions And Answers

Question 1

which characteristics maps the business partner to the customer and supplier account groups?

A. Business partner role

B. Business partner view

C. Business partner account group

D. Business partner grouping

Discussion 0

Correct Answer: D Vote an answer

Question 2

On which levels can you maintain field status controls for business partners (BP)?
Note: There are 2 correct answers to this questions.

A. BP type

B. BP category

C. BP role

D. Company code

Discussion 0

Correct Answer: A,C Vote an answer

Question 3

You are getting ready to post you first simple general ledger document using the SAP Fiori app for posting in the test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this questions.

A. Line item text templates must be maintained

B. Automatic account determination must be maintained

C. Number range and document types must be maintained

D. The posting period variant must be created and assigned

Discussion 0

Correct Answer: C,D Vote an answer

Question 4

Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this questions.

A. Document number required

B. Reason code required

C. Account required

D. Number of date fields requied

E. Company code required

Discussion 0

Correct Answer: C,D,E Vote an answer

Question 5

In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which new settings must you maintain as part of the configuration of the automatic payment program?
Note: There are 2 correct answers to this questions.

A. Paying company codes

B. Payment run

C. Bank determination

D. Payment terms

Discussion 0

Correct Answer: A,C Vote an answer

Question 6

Which of the following should you consider when defining asset number range?
Note: There are 2 correct answers to this questions.

A. Each asset number range must be assigned to unique asset class

B. Asset number ranges are defined for asset classes and are company code specific

C. Each asset class can be have either an internal or external number range

D. Asset number ranges are defined at chat of depreciation level

Discussion 0

Correct Answer: B,C Vote an answer

Question 7

Which of the following statements are valid for financial document number ranges?
Note: There are 3 correct answers to this questions.

A. Financial document number ranges are defined at company code level

B. The same financial document number range can be assigned to several document type

C. All financial document number ranges can contain numbers and/or letters

D. Financial document number ranges must be defined for the year in which they are used

E. Financial document number ranges defined at client level should NOT overlap

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 8

You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?

A. Define asset classes and maintain their attributes.

B. Define depreciation areas for each category of legacy asset.

C. Define depreciation areas to transfer all the legacy data.

D. Define depreciation keys and calculation keys.

Discussion 0

Correct Answer: A Vote an answer

Question 9

You are asked to explain how assets under construction work in SAP S4/HANA What should you highlight?
Note: There are 2 correct answers to this questions.

A. It's possible to to use asset under construction with investment management

B. It's possible to post credit memos, ever after assets under construction are fully capitalized

C. It's possible to post special tax depreciation and investment support for assets under construction

D. It's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction

Discussion 0

Correct Answer: B,C Vote an answer

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) - C-TS4FI-2021 Exam Practice Test

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