SAP SAP Certifications C_TS4FI_2020 Questions & Answers

• Question 41:

  In a valuation method, which of the following is not a valuation approach for foreign currency valuation? Choose the correct answer.

  A. Lowest value principle

  B. Revalue only

  C. Strict lowest value principle

  D. High rate of interest principle

  Correct Answer: D

• Question 42:

  On what basis does the system determine the period for the asset retirement? Choose the correct answer.

  A. Net book value

  B. Asset value date (asset retirement date)

  Correct Answer: B

• Question 43:

  How do you identify an asset as an asset under construction?

  A. The ordinary depreciation start date is empty.

  B. The asset belongs to a specific asset class.

  C. The asset capitalization date is empty.

  D. The asset is assigned to NO depreciation area.

  Correct Answer: B

• Question 44:

  Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?Please choose the correct answer.

  A. SAP HANA

  B. SAP Net Weaver

  C. SAP CRM

  D. SAP Fiori

  Correct Answer: A

• Question 45:

  Which of the following are valid settlement receivers when you liquidate an asset under construction on a starting basis? There are 2 correct answers to this question.

  A. Cost center

  B. Profit center

  C. Functional area.

  D. Fixed asset

  Correct Answer: AD

• Question 46:

  Which of the following statements are correct? Choose the correct answers. 2

  A. A task can be assigned only one possible processor.

  B. A company code can be assigned several workflow variants.

  C. The same workflow variant can be assigned to several company codes.

  D. It is possible to design multilevel workflow sequences.

  Correct Answer: CD

• Question 47:

  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 question.

  A. Bank master data

  B. Supplier account

  C. Payment method

  D. Company code

  E. General ledger account

  Correct Answer: ADE

• Question 48:

  When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question.

  A. When an account is required for clearing

  B. When an account is set up as a cost element

  C. When an account has a zero balance

  D. When an account is used as a reconciliation account

  Correct Answer: AD

• Question 49:

  What sort of special general ledger types exist? Choose the correct answers. (3)

  A. Noted items

  B. Final payments

  C. Free offsetting entries

  D. Other types

  E. Automatic offsetting entries (statistical)

  Correct Answer: ACE

• Question 50:

  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 loss item

  B. Sales deductions in assets item Material expenses in loss item

  C. Sales deductions in liabilities item material expenses in loss item

  D. Sales deductions in loss item Material expenses in liabilities item

  Correct Answer: D