CertsTopics Logo

Labour Day Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

SAP C_TS4FI_2021 Dumps

Page: 1 / 3
Total 80 questions
Get C_TS4FI_2021 Full Access Download C_TS4FI_2021 PDF

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Question 1

Which statements best describe a profit center?

Note: There are 2 correct answers to this questions.

Options:

A.

It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

B.

It is the only object from which segments can be uniformly derived.

C.

It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

D.

It is the only object that can be uniformly derived using segments.

Question 2

You have been asked to set up house banks as part of the implementation.

What information do you need?

Note: There are 3 correct answers to this questions.

Options:

A.

Company code

B.

Payment method

C.

Bank master data

D.

Bank control key

E.

General ledger account

Question 3

You assign currency type 40 to your company code in ledger 0L

Which source currency types can you select?

Note: There are 2 correct answers to this questions.

Options:

A.

Company code currency

B.

Document currency

C.

Controlling area currency

D.

Group currency

Question 4

You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation.

Which of the following setting would lead to an error?

Options:

A.

Area posts depreciation only

B.

Area posts APC immediately, depreciation periodically

C.

Area posts in real time

D.

Area posts not post

Question 5

You post a purchase order.

For which expenses does the system calculate accruals?

Note: There are 2 correct answers to this questions.

Options:

A.

Consulting Services

B.

Insurance premiums

C.

Fixed asset purchases

D.

Raw material purchases

Question 6

What archiving step must precede archiving a supplier invoice posted directly to FI?

Options:

A.

Archive accounts payables master data

B.

Archive data in CO

C.

Archive FI transaction figures

D.

Perform compression run

Question 7

How can you create an asset under construction?

Note: There are 2 correct answers to this questions.

Options:

A.

Automatically, when setting capex cost from an internal order

B.

Automatically, when creating an investment measure

C.

Automatically, when setting capex cost from a WBS element

D.

Manually (transaction AS01), using a specific asset class

Question 8

What area of the benefits of how data handled in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

Options:

A.

The data is aggregated in real time from any line item table.

B.

The data is constantly auto-archived to optimize memory usage.

C.

The data is available in real time at line item detail.

D.

The data is summarized into higher levels of aggregates to accelerate system performance.

Question 9

A general ledger account is defined with the account type "Nonoperating Expense or Income"

Where can this account be used?

Options:

A.

Profit and loss account that is used in margin analysis

B.

Profit and loss account that is used in margin analysis and profit center accounting

C.

Profit and loss account that is used in overhead management accounting

D.

Profit and loss account that is used in profit center accounting

Question 10

You want to edit a dunning proposal.

Which actions can you perform?

Note: There are 3 correct answers to this questions.

Options:

A.

Block an account.

B.

Raise the dunning level of an item.

C.

Change a document.

D.

Lower the dunning level of an item.

E.

Block a I ine item.

Question 11

Which fields of a financial accounting document influence the automatic payment program?

Note: There are 3 correct answers to this questions.

Options:

A.

Payment method

B.

Payment transaction

C.

Payment type

D.

Term of payment

E.

Baseline date

Question 12

You must 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?

Options:

A.

Define two valuation methods and assign the ledger groups to the new valuation methods

B.

Define two valuation area and assign and two extension ledgers with relevant links to accounting principles

C.

Define two valuation methods and assign the accounting principles to the new valuation methods

D.

Define two valuation area and assign and two accounting principles with relevant links to ledgers

Page: 1 / 3
Total 80 questions
Get C_TS4FI_2021 Full Access Download C_TS4FI_2021 PDF