C-TS4FI-2020 by SAP Actual Free Exam Q&As

Question 1

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

A. Posting from CO to Fl B. Posting to special purpose ledger C. Posting to special periods D. Authorization control for posting periods

Discussion 0

Correct Answer: A Vote an answer

Question 2

You want to configure the "default baseline date for the payment terms of an incoming invoice". From which date can you derive the baseline date?
Note: There are 3 correct answers to this question.

A. Goods receipt date B. Entry date C. Document date D. Posting date E. Value date

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 3

Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line item basis? Note: There are 2 correct answers to this question.

A. Profit center B. Cost center C. Functional area D. Fixed asset

Discussion 0

Correct Answer: B,D Vote an answer

Question 4

What is the recommended organizational unit for cost of sales accounting

A. Sales area B. Functional area C. Business area D. Controlling area

Discussion 0

Correct Answer: B Vote an answer

Question 5

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

A. BP category B. BP type C. Company code D. BP role

Discussion 0

Correct Answer: B,D Vote an answer

Question 6

What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note: There are 2 correct answers to this question.

A. You want to deploy SAP S/4HANA Cloud. B. You want to clean up your system and use SAP Best Practices. C. You want to use document splitting for the General Ledger. D. You want to integrate the system to SAP Cloud Platform.

Discussion 0

Correct Answer: A,B Vote an answer

Question 7

What does the document type control?
Note: There are 2 correct answers to this question.

A. Which posting keys are allowed for postings B. Whether exchange rate differences are permitted C. Which account types are allowed for postings D. Whether negative postings are permitted

Discussion 0

Correct Answer: C,D Vote an answer

Question 8

You forgot to add a new general ledger account to the financial statement version. What impact does this have on the net profit and net loss?

A. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation. B. The balance of the new account is added to the non assigned section and is included in the calculation. C. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation. D. The balance of the new account is added to the non assigned section and is excluded from the calculation

Discussion 0

Correct Answer: D Vote an answer

Question 9

Which parameter indicates that a line item can only be dunned with restrictions?

A. Dunning key B. Dunning area C. Dunning block reason D. Dunning group

Discussion 0

Correct Answer: A Vote an answer

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