Latest C-TS4FI-2020 exam dumps with real SAP questions and answers
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SAP S/4HANA Financial Accounting Certification Exam Details:
| Reference Books | TS4F02 (SAP S/4HANA 2020) TS4F01 (SAP S/4HANA 2020) TS4F02 (SAP S/4HANA 1909) TS4F01 (SAP S/4HANA 1909) |
| Exam Name | SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909) |
| Sample Questions | SAP S/4HANA Financial Accounting Certification Sample Questions |
| Passing Score | C_TS4FI_2020 - 59% C_TS4FI_1900 - 57% |
| Number of Questions | 80 |
| Exam Code | C_TS4FI_2020 |
SAP C-TS4FI-2020 Exam Description:
The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".
NEW QUESTION 97
For which activities can you use an extension ledger?
Note: There are 2 correct answers to this question.
Response:
- A. Configuration of custom fields for financial statements
- B. Simulation of foreign currency valuation
- C. Parallel valuation of depreciation areas
- D. Adjustments for consolidation purposes
Answer: B,D
NEW QUESTION 98
What checks does the year-end closing program (RAJABSOO) perform? Choose the correct answers. 2
- A. Last fiscal year has been updated.
- B. Assets are complete and error-free.
- C. Depreciation and asset balances are posted in full.
- D. Depreciation lists and the asset history sheet have been checked.
Answer: B,C
NEW QUESTION 99
What is the first step in the reconciliation process? Choose the correct answer.
- A. Communicate differences
- B. Present reconciled and non-reconciled data
- C. Collect data from different companies
Answer: B
NEW QUESTION 100
Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3
- A. Bank selection
- B. Expenses or charges
- C. Minimum amounts
- D. Dunning levels
Answer: B,C,D
NEW QUESTION 101
Which program is used to enter accruals and deferrals regularly? Choose the correct answer.
- A. Recurring entry program
- B. Ledger grouping
- C. Devising program
- D. Compact document journal
Answer: A
NEW QUESTION 102
It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?
- A. Document date and posting date.
- B. Posting date and entry date.
- C. Document date and asset value date
- D. Posting date and asset value date
Answer: D
NEW QUESTION 103
Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers. (2)
- A. Controlling area
- B. Organizational unit
- C. Document header
- D. Document line
Answer: C,D
NEW QUESTION 104
Which of the following are the steps of Intercompany reconciliation? Choose the correct answers. 3
- A. Automatic assignment of documents
- B. Manual reconciliation and communication
- C. Document selection and data storage
- D. Automatic presentation of reconciled and non-reconciled data
Answer: A,B,C
NEW QUESTION 105
On which levels can you maintain field status controls for business partners (BP)?
Note: There are 3 correct answers to this question.
- A. BP category
- B. Client
- C. BP role
- D. DB Ptype
- E. Company code
Answer: B,C,D
NEW QUESTION 106
Which of the following statements best describe a noted item?
Note: There are 2 correct answers to this question.
- A. It has an automatic statistical offsetting entry
- B. It can be accessed by the payment program
- C. It updates the subledger and the general ledger.
- D. It can be used to remind the user about due payments.
Answer: C,D
NEW QUESTION 107
You are responsible for configuring document splitting. What are some of the key settings?
Note: There are 2 correct answers to this question.
- A. Document number range
- B. Business transaction variant
- C. Document type
- D. Field status variant
Answer: B,C
NEW QUESTION 108
Which is the most flexible SAP S/4HANA Cloud solution for customers? Please choose the correct answer.
- A. Hybrid option
- B. Public option
- C. Private option
- D. Community option
Answer: C
NEW QUESTION 109
Which fields can you edit before posting a parked document? Note: There are 3 correct answers to this question.
- A. Posting date
- B. Currency
- C. Amount
- D. Document type
- E. Account
Answer: A,C,E
NEW QUESTION 110
You are starting the fiscal year-end process in Asset Accounting in SAP S / 4HANA.
What are the year-end closing program checks for Asset Accounting? There are 2 correct answers to this question.
- A. Depreciation is posted in full
- B. The general ledger and subledgers are closed
- C. Assets are complete and error free
- D. Fixed asset fiscal year changes is complete.
Answer: A,C
NEW QUESTION 111
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 loss item Material expenses in liabilities item
- B. Sales deductions in loss item Material expenses in loss item
- C. Sales deductions in liabilities item material expenses in loss item
- D. Sales deductions in assets item Material expenses in loss item
Answer: A
NEW QUESTION 112
Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer.
- A. Business partner role
- B. Business partner category
- C. Business partner type
- D. Business partner grouping
Answer: D
NEW QUESTION 113
Which of the following standard correspondence types can you use to exchange information with customers and suppliers?
There are 2 correct answers to this question.
Response:
- A. Invoices
- B. Payment notices
- C. Bill of exchange charges statements
- D. Dunning letters
Answer: B,D
NEW QUESTION 114
Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing?
There are 3 correct answers to this question.
- A. Create the asset history sheet for asset accounting
- B. Perform foreign currency valuation for accounts payable.
- C. Post recurring entries for the general ledger.
- D. Process bad debt expenses for accounts receivable.
Answer: C,D
NEW QUESTION 115
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:
- A. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- B. Create two internal number ranges with the same range and assign one each to the relevant document types.
- C. Create two external number ranges with the same range and assign one to each of the relevant document types.
- D. Enter the same document number range in the customizing definition of both document types.
Answer: D
NEW QUESTION 116
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