C_TS4FI_2023 by SAP Actual Free Exam Questions And Answers

Question 1

How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer.

A. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.

B. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.

C. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.

D. SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.

Discussion 0

Correct Answer: B Vote an answer

Question 2

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA?
Note: There are 3 correct answers to this question.

A. Intercompany postings

B. Plan depreciation amounts

C. Budgeted costs for a cost center

D. Primary costs resulting from a distribution

E. Secondary costs resulting from an assessment

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 3

Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

A. Days in arrears

B. Payment deadline

C. Line-item grace period

D. Interest indicator

Discussion 0

Correct Answer: A,B Vote an answer

Question 4

Where do you assign the group chart of accounts?

A. Company

B. Operating chart of accounts

C. General ledger account

D. Company code

Discussion 0

Correct Answer: B Vote an answer

Question 5

Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

A. Segment

B. Profit center

C. Functional area

D. Business area

Discussion 0

Correct Answer: C Vote an answer

Question 6

You are implementing the Cockpit for your organization. What are the advantages of defining task groups?
Note: There are 2 correct answers to this question.

A. It allows cross task list monitoring of task status.

B. It allows cross task list execution of tasks.

C. It covers multiple companies with same or similar tasks.

D. It allows cross template maintenance.

Discussion 0

Correct Answer: C,D Vote an answer

Question 7

The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?
Please choose the correct answer.

A. Account selection
Dun line items
Dun account

B. Item selection
Dun line items
Dun account

C. Account selection
Item selection
Dun line items

D. Item selection
Dun account
Dun line items

Discussion 0

Correct Answer: A Vote an answer

Question 8

Which model can be used for ABAP cloud-native development?

A. The SAP S/4HANA Cloud Extensibility Model

B. ABAP RESTful Application Programming Model

C. The ABAP Cloud Development Model

Discussion 0

Correct Answer: B Vote an answer

Question 9

How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A. It is a solution that can be integrated with Group Reporting.

B. It is a solution embedded in the SAP S/4HANA core.

C. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.

D. It is a solution that facilitates transaction matching between systems in Central Finance.

Discussion 0

Correct Answer: A,D Vote an answer

Question 10

You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?

A. Posting is done in FI-AA and in FI-GL online and in real time.

B. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.

C. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.

D. Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.

Discussion 0

Correct Answer: C Vote an answer

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting - C_TS4FI_2023 Exam Practice Test

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