C-TS4FI-2023 by SAP Actual Free Exam Q&As

Question 1

Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?

A. Segment B. Profit center C. Business area D. Company code

Discussion 0

Correct Answer: D Vote an answer

Question 2

When defining a new standard ledger, which action must you take to manually post a general journal entry to it?

A. Assign a chart of accounts to the ledger B. Define the underlying ledger C. Assign the ledger to a company code D. Include the ledger in a ledger group

Discussion 0

Correct Answer: A Vote an answer

Question 3

At which level do you define functional areas?

A. Controlling area B. Financial statement version C. Company code D. Client

Discussion 0

Correct Answer: D Vote an answer

Question 4

Which items are taken into account during foreign currency valuation?
Note: There are 2 correct answers to this question.

A. Balance valuation on items for balance sheet accounts not defined as open item management B. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management C. Line item valuation for balance sheet accounts not defined as reconciliation account D. Line item valuation for balance sheet accounts defined as open item management

Discussion 0

Correct Answer: B,D Vote an answer

Question 5

During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.

A. Post B. Hold C. Park D. Simulate

Discussion 0

Correct Answer: A,C Vote an answer

Question 6

What does the fiscal year variant define?
Note: There are 2 correct answers to this question.

A. The authorization to post to special periods B. The number of posting periods C. The start and end date of posting periods D. The posting periods open for posting

Discussion 0

Correct Answer: B,C Vote an answer

Question 7

Which fields are maintained on the chart of accounts level of a G/L account?
Note: There are 3 correct answers to this question.

A. Field status group B. Short text C. Group account number D. Account group E. Alternative account number

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 8

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. Item selection
Dun line items
Dun account B. Account 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: B Vote an answer

Question 9

The SAP Business Network helps customers digitalize cross-company business processes. On which solutions does the network build?
Note: There are 3 correct answers to this question.

A. Human Capital Management B. Procurement C. Travel D. Contingent Workforce E. Sales

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 10

What do you configure for regrouping receivables and payables?

A. Valuation Method B. Calculation Method C. Sort Method D. Provision Method

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