SAP Certification C_TS4FI_2020 Actual Questions

dumps2022-01-04T03:37:53+08:00

SAP Certified Application Associate C_TS4FI_2020 actual questions are online for you to pass the test. In real SAP C_TS4FI_2020 exam, there are 80 questions, and you have 180 minutes to write the test. The required passing score of C_TS4FI_2020 exam is 59%. The available languages of C_TS4FI_2020 exam are German, English, Spanish, French, Japanese, Russian. Free SAP Certification C_TS4FI_2020 actual questions are available below.

Page 1 of 9

1. Which attributes should you consider when defining asset number ranges? Note: There are 2 correct answers to this question.

Asset number ranges are defined at chart of depreciation level

Asset number ranges are defined for asset classes and are company code specific

Each asset class can have either an internal or external number range

Each asset number range has to be assigned to a unique asset class.

2. Which of the following types of tasks are available in the Financial Closing Cockpit application? Choose the correct answers.

Flow definition

Online transactions

Remote tasks

Task list template

3. What steps are required to create a substitution in financial accounting? There are 3 correct answers to this question

Assign the substitution rule to the controlling area

Select the correct call point

Choose the area of application GL

Activate the substitution rule

Define the substitution rule with its different steps using the formula editor

4. Where can an SAP Fiori end userchange the theme of their launchpad? Please choose the correct answer.

In the Tile Group area of the launchpad designer

In the Tile Catalog area of the launchpad designer

In the Ul theme designer

In the Me area of the launchpad

5. What do you define when you create a new document type? Note: There are 2 correct answers to this question.

Reasons for reversal

Number range for the document type

Posting keys for the document type

Account types allowed for posting

6. On which levels do you maintain data for an integrated customer account? Note: There are 3 correct answers to this question.

Purchasing organization

Sales area

Company code

General data at the client level

Profitability segment

7. Identify some of the checks for archiving G/L accounts (master data). Choose the correct answers. (3)

Are there (still) transaction figures (for example, have they already been archived)?

Is the fiscal year closed?

Are there (still) documents?

Has a deletion indicator been set?

8. What happens to the transaction figures when you post a normal reversal posting?

They are increased.

They are cleared.

They are reset.

They are deleted

9. Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question.

Agile deployment

Central hub deployment

Cloud deployment

On-premise deployment

Hybrid deployment

10. 1.Identify the three types of tolerances in accounting. Choose the correct answers. 3

Employee tolerance groups

Special account tolerance groups

G/L account tolerance groups

Customer/vendor tolerance groups

Page 2 of 9

11. Which of the following statements is correct for external number assignment (manual posting)? Choose the correct answer.

The number is entered by the user.

The number is the last document number.

The number is automatically assigned.

The number must be assigned in a sequence.

12. What are the characteristics of a company in SAP S/4HANA ? Note: 2 answers

It is responsible for costs and revenues within an organization

It represents separate areas of operation within an organization

It is considered for consolidation

It can be assigned to a company code

13. Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3

Dunning levels

Minimum amounts

Expensesor charges

Bank selection

14. Which of the following original Management Accounting objects can you assign in the asset master record? Choose the correct answers. (3)

Cost element

Activity type

Cost center

Order

15. Which field status has the lowest priority (G/L accounts)? Choose the correct answer.

Required entry

Display

Optional entry

Hide

16. Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"? There are 2 correct answers to this question.

Group currency

Local currency

Material ledger currency

Transaction currency

17. Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with 10% VAT .

How many line items are created in the Entry view and how many are created in the General Ledger view?

Entry view: 3 General Ledger view: 9

Entry view: 5 General Ledger view 7

Entry view: 3 General Ledger view 7

Entry view: 5 General Ledger view: 9

18. When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? Choose the correct answers. 3

Description of the asset

License plate number

Inventory number

Cost center

19. You need to enter a percentage rate in the terms of payment to calculate_. Choose the correct answer.

Cash discount

Debit amount

Invoice discount

Credit amount

20. You want to configure the tax calculation procedures .

What are the main elements you need to define? There are 3 correct answers to this question

Tax code

Condition Type

Account or transaction key

Sequence of steps

Country key

Page 3 of 9

21. You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system

How would you define the document number range?

You have to use external number assignment.

You have to use internal number assignment.

You have to use continuous number assignment

You can use internal, external, or continuous number assignment.

22. What are the features of the Accrual Engine in SAP S/4 HANA? There are 2 correct answers to this question.

The fiscal year variant of the general ledger is supported.

The Fl reversal is NOT supported.

Complex postings with more than two line items are NOT possible.

All currencies of general ledger are supported.

23. Which of the following is the first step in the variant principle? Choose the correct answer.

Define variant

Create multiple variants

Assign the variant to the objects

Determine values for the variant

24. What object determines the number range for business partner master data?

Business partner category

Business partner role

Business partner grouping

Business partner type

25. What items are NOT cleared by the automatic clearing program? Note: 3 Answers

Statistical postings

Items with withholding tax

Noted Items

Items with value added tax

Items with sales and use tax

26. You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.

How can you set this up in the system?

Define two valuation areas and two accounting principles with relevant links to ledgers

Define a valuation area and ledger group for two ledgers to link with the new valuation area

iDefine two valuation methods and assign the accounting principles to the new valuation methods

Define a valuation area and extension ledger to link with the new valuation area

27. You want to specify the financial statement version for asset reports in Customizing.

Where do you need to assign the financial statement version?

To each depreciation area

To each chart of depreciation

To each accounting principle

To each company code

28. Forreporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L Which special G/Ltype do you recommend?

Free offsetting entries

Statistical postings

Noted items

Bill of exchange

29. Your SAP S/4HANA system is integrated with controlling. You perform cost of sales accounting, and you report your profit and loss per profit center.

When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures?

Business Area

Segment

Cost Center

Functional Area

30. Which standard currency types must be used when configuring the currency settings for company codes? Note: There are 2 correct answers to this question.

Company code currency

Controlling area currency

Group currency

Document currency

Page 4 of 9

31. The SAP Business Workflow has_ process dimensions. Choose the correct answer.

Two

Three

Four

Five

32. Which edition of SAP S / 4HANA did the universal magazine present? Please choose the correct answer.

SAP Business Suite powered by SAP HANA

SAP S/4HANA1511

SAP S / 4HANA Cloud

SAP S / 4HANA Finance 1503

33. Which information is checked by the system before a general ledger account k archived?

The Open item Management indicator is set in master data

The Mark for Deletion indicator is set in master data

The Blocked for Posting indicator is set in master data.

The assigned group account is already archived.

34. Which of the following options can you use to change the G/L account master data using collective processing? Choose the correct answers. (3)

Change company code data

Change client level data

Change account descriptions

Change chart of accounts data

35. It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year .

Which dates must have the same fiscal year in the document entry?

Document date and posting date.

Posting date and asset value date

Posting date and entry date.

Document date and asset value date

36. For which activities can you use an extension ledger? Note: There are 2 correct answers to this question.

Configuration of custom fields for financial statements

Simulation of foreign currency valuation

Parallel valuation of depreciation areas

Adjustments for consolidation purposes

37. How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?

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

Net book value

Asset value date (asset retirement date)

39. What data do you maintain in the chart of accounts sections of a General Ledger account? Please choose the correct answer

Authorization data

Consolidation data

Reconciliation data

User data

40. Which field can you change on a posted invoice?

Cost center

Payment terms

Tax code

Special G/L indicator

Page 5 of 9

41. Which elements define the integration of asset acquisitions to the general ledger? Note: There are 2 correct answers to this question.

Depreciation keys

Valuation area

Asset class

Depreciation area

42. You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for leading valuation and depreciation area 32 is assigned to the non-leading ledger for parallel valuation .

What posting option should you choose for depreciation area 32?

Area Posts Depreciation Only

Area Posts in Real Time

Area Does Not Post

Area Posts APC Immediately, Depreciation Periodically

43. What are the two phases of AuC that are relevant to Asset Accounting? Choose the correct answers. (2)

Under-construction phase

Assets transfer phase

Useful lifephase

Accounting phase

44. Which of the following original Management Accounting objects can you assign in the asset master record? Choose the correct answers. 3

Cost element

Activity type

Order

Cost center

45. What field can you change on a posted invoice?

Tax code

Special G / L indicator

Cost center

Payment terms.

46. What checks does the year-end closing program (RAJABSOO) perform? Choose the correct answers. 2

Depreciation lists and the asset history sheet have been checked.

Assets are complete and error-free.

Depreciation and asset balances are posted in full.

Last fiscal year has been updated.

47. What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question.

Forms for the payment media

Bank determination

Exchange rate type

Payment run ID

Allowed currencies

48. In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?

Sales deductions in loss item Material expenses in loss item

Sales deductions in assets item Material expenses in loss item

Sales deductions in liabilities item material expenses in loss item

Sales deductions in loss item Material expenses in liabilities item

49. When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? There are 2 correct answers to this question.

Insert function

Save function

Hold function

Parking function

50. A vendor is also a customer. The payment program has to clear the open items .

Which setting has to be maintained for the business partner?

The alternative payer and payee

The same bank details

The same payment method

The account link

Page 6 of 9

51. Which data sections are part of every asset class? There are 2 correct answers to this question.

Depreciation data section

Valuation area data section

Master data section

Account determination data section

52. Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. (3)

Expenses or charges

Dunning levels

Minimum amounts

Bank selection

53. Identify the steps performed during the general ledger closing operations for the fiscal year. Choose the correct answers. 3

Foreign currency documents are valuated.

The balance carry forward program is run.

Vendor invoices are posted.

Accruals are carried out.

54. Communicate differences.

55. Your customer uses a posting period variant with special periods, and you need to allow specific users to post in these specials periods .

What do you assign in the posting period variant? Please choose the correct answer.

An authorization group to period intervals 1 and2

An authorization group to period interval 2

An authorization group to period intervals 2 and 3

An authorization group to period interval 1

56. Which of the following parameters are controlled by the screen layout? Choose the correct answers. (3)

Maintenance level

Field selection

Reference

Number range

57. You want to post journal entries in a special period .

Which conditions must be met? There are 2 correct answers to this question

The special period must be open for posting in the period control.

You must have specific authorization to post in special periods.

The balance carry-forward to the new fiscal year must have taken place.

You must enter a posting date in the last posting period.

58. To reduce the load on the system, what should you do with the older documents that exist in the database? Choose the correct answer.

Archive and delete

Backup and delete

Extract and delete

Delete

59. Identify the application areas where validations and substitutions can be used. Choose the correct answers. (2)

SD - Sales and Distribution

CO - Cost Accounting

AA-Asset Accounting

Fl - Financial Accounting

60. At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer

At company level

At client level

At controlling area level

At company code level

Page 7 of 9

61. Identify some of the fields related to the depreciation area in the asset master record. Choose the correct answers. (3)

Scrap value

Depreciation start

Useful life

Asset description

62. You define the type of custom currency Z1 for your company code .

What types of currency should be stored in the Data Entry view? There are 2 correct answers to this question.

Company code currency

Custom currency type

Object currency.

Document currency

63. Which of the following information is entered in the chart of accounts segment of a G/L account? Choose the correct answers. (3)

Consolidation fields

Control fields

Account number

Currency fields

64. You need to make the line item text field mandatory during document entry .

Which objects should you analyze to fulfill this request? Note: There are 2 correct answers to this question.

G/L account

Account group

Posting key

Document type

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

Simulate

Hold

Park

Post

66. When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Choose the correct answer.

Goods receipt

Creation of purchase order

Invoice receipt

67. Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? Choose the correct answers. 2

Segment level

Business area level

Client level

Company area level

68. In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Please choose the correct answer.

Valuation area

Chart of depreciation

Depreciation area

Depreciation key

69. Which of the following special G/L transactions are noted items? Note: There are 2 correct answers to this question.

Bill of exchange payment request

Down payment request

Down payment

Guarantee of payment

70. Which of the following lists support the dunning clerk's work? Choose the correct answers.

(3)

The blocked accounts list

The list of vendor balances in local currency

The dunning list

The dunning history list

Page 8 of 9

71. You are configuring depreciation areas in Asset Accounting.

Which of the following settings is NOT permitted?

Area posts depreciation only

Area does not post

Area posts revaluation only

Area posts in real time

72. Which of the following are the steps of Intercompany reconciliation? Choose the correct answers. 3

Automatic presentation of reconciled and non-reconciled data

Automatic assignment of documents

Manual reconciliation and communication

Document selection and data storage

73. What does the document splitting do?

It enriches all secondary cost element account lines with the defined splitting characteristics.

It enriches all relevant balance sheet account lines with the defined splitting characteristics.

It enriches all revenue account lines with the defined splitting characteristics.

It enriches all profit and loss account lines with the defined splitting characteristics.

74. Which of the following functions include the important functions of the SAP List Viewer tool? Choose the correct answers. (3)

Defining print parameters

Deleting and inserting columns

Calculating totals and subtotals

Setting filters

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

SAP HANA

SAP Net Weaver

SAP CRM

SAP Fiori

76. How does SAP S/4HANA reduce system complexity and improve system efficiency? Note: There are 2 correct answers to this question.

By removing application code that deals with aggregates and indexes

By providing application code that deals with aggregates and indexes

By providing views of data at runtime from the same source tables

By removing views of data at runtime from the same source tables

77. Which functions allow you to temporarily save the entered data? Choose the correct answers. 2

Hold function

Save function

Parking function

Insert function

78. You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values.

When you post an external acquisition, how many documents are created?

79. You are posting an incoming payment against an invoice .

Which document values does the user tolerance group control? There are 2 correct answers to this question.

The payment amount allowed for each customer open item

The total amount (sum of all line items) allowed to be posted

The cash discount amount (absolute value) allowed for a line item

The cash discount percentage allowed for the complete document

80. What is the purpose of the chart of depreciation?

The chart of depreciation defines the asset classes for which you can create fixed assets.

The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

The chart of depreciation is a reporting tool that structures your assets for hierarchical reports.

The chart of depreciation facilitates country-specific legal valuation of fixed assets.

Page 9 of 9

81. Which of the following steps do you typically perform when executing the payment run with the automatic payment program? There are 2 correct answers to this question.

Define maximum amounts to be paid by supplier.

Review the payment proposal exception list

Maintain open item selection parameters.

Rank bank accounts for payment.

82. You are starting the fiscal year-end process in Asset Accounting in SAP S / 4HANA .

What are the year-end closing program checks for Asset Accounting? There are 2 correct answers to this question.

Assets are complete and error free

Fixed asset fiscal year changes is complete.

Depreciation is posted in full

The general ledger and subledgers are closed

83. Which of the following components make up an archiving object? Choose the correct answers. (3)

Programs

Customizing settings

Variables

Data declaration part

84. Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers. (2)

Controlling area

Organizational unit

Document header

Document line

85. Which of the following are SAP Fiori design principles? There are 2 correct answers to this question.

Rational

Routine

Role-based

Responsive

86. What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question.

Clearing accounts

Account types

Special G/L indicator

Posting keys

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

A task can be assigned only one possible processor.

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

It is possible to design multilevel workflow sequences.

A company code can be assigned several workflow variants.

SAP Certification C_TS4FI_2020 Actual Questions