SAP SAP Certifications C_TS4FI_2021 Questions & Answers

• Question 51:

  Which of the following steps do you typically perform during a payment run with the automatic payment program?

  Note: There are 2 correct answers to this questions.

  A. Define maximum amounts to be paid per supplier.

  B. Review the payment proposal exception list.

  C. Maintain open item selection parameters.

  D. Rank bank accounts for payment.

  Correct Answer: BC

• Question 52:

  What do you define when configuring asset classes?

  Note: There are 3 correct answers to this questions.

  A. Transaction types

  B. Number ranges

  C. Screen layout rule

  D. Posting keys

  E. Account determination

  Correct Answer: BCE

• Question 53:

  You want to configure the default baseline data 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 questions.

  A. Posting date

  B. Document date

  C. Value date

  D. Entry date

  E. Goods receipt date

  Correct Answer: ABD

• Question 54:

  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 in the financial statement item section and is included from the calculation

  C. The balance of the new account is added to the non-assigned selection and excluded in the calculation

  D. The balance of the new account is added to the non-assigned selection and included in the calculation

  Correct Answer: C

• Question 55:

  You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities.

  Which organizational unit do you need to create for each legal entity?

  A. Segment

  B. Company Code

  C. Consolidation unit

  D. Company

  Correct Answer: B

• Question 56:

  What are the characteristics of a company in SAP S/4HANA?

  Note: There are 2 correct answers to this questions.

  A. It is responsible for costs and revenues within an organization.

  B. It can be assigned to a company code.

  C. It represents separate areas of operation within an organization.

  D. It is considered for consolidation.

  Correct Answer: BD

• Question 57:

  On which levels can you maintain field status controls for business partners (BP)?

  Note: There are 2 correct answers to this questions.

  A. Company code

  B. BP role

  C. BP type

  D. BP category

  Correct Answer: BC

• Question 58:

  Which of the following closing activities is a so-called technical closing step?

  A. Process purchase order accruals

  B. Perform asset depreciation run

  C. Perform valuations of open items in foreign currency

  D. Close the previous period in Material Management (MM)

  Correct Answer: D

• Question 59:

  How can you define a matching method for intercompany reconciliation?

  A. It can be either defined as master data or as configuration

  B. It must be defined as master data

  C. it can be automatically determined by a user exit

  D. It must be defined as configuration

  Correct Answer: D

• Question 60:

  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?

  A. Area posts depreciation only

  B. Area posts APC immediately, depreciation periodically

  C. Area posts in real time

  D. Area posts not post

  Correct Answer: B