SAP SAP Certifications C_TS4FI_2023 Questions & Answers

• Question 51:

  What are some features of SAP Business Technology Platform? Note: There are 2 correctanswers to this question.

  A. It provides data management and analytics.

  B. It supports customers in understanding their stakeholder's needs.

  C. It helps customers to collaborate to build flexible value chains.

  D. It supports application development and integration.

  Correct Answer: CD

• Question 52:

  What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?

  A. Setting the company code status for legacy data transfer

  B. Creation of master data

  C. Posting the summary write off in G/L

  D. Posting of take over values

  Correct Answer: B

• Question 53:

  Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering whether it could address their needs. For which purposes can ICMR be useful? Note: There are 2 correctanswers to this question.

  A. To generate automatic posting to correct intercompany discrepancy

  B. To trigger elimination of intercompany revenues and costs based on rules configured

  C. To highlight and solve intercompany data discrepancy triggering a workflow

  D. To generate automatic elimination of intercompany AR/AP balances

  Correct Answer: CD

• Question 54:

  You try to create a G/L account but you get an error because the account number is not in the accepted range.

  Which object do you need to customize to extend the number range?

  A. Account group

  B. Account type

  C. Chart of accounts

  D. Tolerance group

  Correct Answer: A

  Account Group Definition:

  The account group in SAP S/4HANA determines the number range for the G/L accounts. It controls which number ranges are assigned to which accounts and defines the intervals for these ranges. This is why, if you encounter an error stating

  that the account number is not in the accepted range, you need to adjust the account group settings.

  Customizing Account Group:

  To extend or modify the number range for G/L accounts, you need to customize the account group. This can be done using the transaction code OBD4. In this transaction, you can define new intervals or extend existing ones to ensure the

  desired account numbers fall within the acceptable range.

  Steps to Customize Account Group:

  Navigate to Transaction Code OBD4 or use the following path: SPRO -> SAP Reference IMG ->

  Financial Accounting -> General Ledger Accounting -> G/L Accounts -> Preparations -> Define Account Group -> Execute .

  In the new window, select or create a new account group.

  Define the number range by specifying the "From Account" and "To Account" fields.

  Save the changes to apply the new number range.

• Question 55:

  Your system uses parallel currencies.

  What is the posting indicator of the depreciation area for the parallel currency?

  A. Does not post to G/L

  B. Posts to G/L in real time

  C. Posts APC real time and depreciation periodically

  D. Posts to G/L periodically

  Correct Answer: D

• Question 56:

  You need to explain the concept of noted items in SAP S/4HANA.

  Which characteristics are specific to noted items? Note: There are 3 correctanswers to this question.

  A. They can be accessed by the payment program and the dunning program.

  B. They are managed as open items on customer and vendor accounts.

  C. They generate statistical postings.

  D. They generate postings that do not balance.

  E. They update the general ledger in Entry View only.

  Correct Answer: BCD

• Question 57:

  You have cleared a customer open item but want to undo this action.

  What are the available options? Note: There are 2 correctanswers to this question.

  A. Repost the clearing document

  B. Reverse the clearing document

  C. Reset and reverse the clearing document

  D. Reset the clearing document

  Correct Answer: BC

• Question 58:

  What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correctanswers to this question.

  A. Establish regular housekeeping tasks and procedures.

  B. Establish an organizational structure, technical foundation, and transformation methodology for clean core.

  C. Define roles and responsibilities as part of a process transformation office.

  D. Establish release management.

  E. Integrate clean core practices in the end-to-end value process chain.

  Correct Answer: ACE

  Establish Regular Housekeeping Tasks and Procedures: Regular maintenance and housekeeping are crucial for ensuring that the system remains efficient and free from unnecessary data and obsolete configurations. This involves regular

  reviews and clean-ups of custom code, configurations, and data to prevent system bloat and performance issues.

  Integrate Clean Core Practices in the End-to-End Value Process Chain: Embedding clean core principles into every step of the value chain ensures that these practices are not just an afterthought but are integral to the entire process. This

  includes incorporating these principles in project planning,

  References

  SAP's guidelines and best practices for maintaining a clean core in SAP S/4HANA Cloud emphasize these points and provide detailed steps and methodologies for implementation.

• Question 59:

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

  A. Include the ledger in a ledger group

  B. Define the underlying ledger

  C. Assign a chart of accounts to the ledger

  D. Assign the ledger to a company code

  Correct Answer: D

• Question 60:

  You are entering a credit memo in Financial Accounting and are wondering why the enteredpayment terms are being ignored.

  What are the reasons? Note: There are 2 correctanswers to this question.

  A. The credit memo was entered in Financial Accounting.

  B. The credit memo was created without reference to an invoice.

  C. The field "Reference" of the credit memo is blank.

  D. The due date determined based on the entered payment terms is in the past.

  Correct Answer: BC