Sep-2022 Download Free Latest Exam C-TS4FI-2021 Certified Sample Questions
Prepare for your exam certification with our C-TS4FI-2021 Certified SAP
SAP C-TS4FI-2021 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
NEW QUESTION 32
Asset Accounting
"You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation Which of the following settings would lead to an error?"
- A. Area posts in real time
- B. Area posts APC immediately, depreciation periodically
- C. Area posts depreciation only
- D. Area does not post
Answer: D
NEW QUESTION 33
Accounts Payable & Accounts Receivable
"Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this question."
- A. Document number required
- B. Number of date fields required
- C. Company code required
- D. Reason code required
- E. Account required
Answer: A,B,E
NEW QUESTION 34
"Organizational Assignments and Process Integration "
"You want to create substitution in Financial Accounting.
Which partsdo you have to define for each step of the substitution?
Note: There are 2 correcanswers to this question."
- A. Callup point
- B. Prerequisite statement
- C. Check statement
- D. Substitution values
Answer: B,D
NEW QUESTION 35
Financial Closing
Which of the following is a technical year-end closing activity is SAP S/4HANA?
- A. Foreign currency valuation must be posted.
- B. Accruals must be posted.
- C. Balance sheet adjustments must be posted.
- D. Ledger valances must be carried forward.
Answer: D
NEW QUESTION 36
Asset Accounting
"You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?"
- A. Define depreciation areas for each category of legacy asset
- B. Define a depreciation area to transfer all the legacy data
- C. Configure depreciation keys and calculation keys
- D. Define asset classes and maintain their attributes
Answer: C
NEW QUESTION 37
Overview and Deployment of SAP S/4HANA
"What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
Note: There are 2 correct answers to this question"
- A. You want to clean up your system and use SAP Best Practices
- B. You want to deploy SAP S/4HANA Cloud
- C. You want to use document splitting for the General Ledger
- D. You want to integrate the system into SAP Cloud Platform
Answer: A,B
NEW QUESTION 38
Which of the following is a technical year-end closing activity in SAP S/4HANA?
- A. Foreign currency valuation must be posted.
- B. Profit center carry-forward must be posted.
- C. Ledger balances must be carried forward
- D. Balance sheet adjustments must be posted.
Answer: B
NEW QUESTION 39
Accounts Payable & Accounts Receivable
Which parameter indicates that a line item can only be dunned with restrictions?
- A. Dunning key
- B. Dunning block reason
- C. Dunning area
- D. Group key
Answer: A
NEW QUESTION 40
"Organizational Assignments and Process Integration "
"You are running an international business and you want to separate legal entities to run operations and perform accounting activities.
Which organizatinal unit do you need to create for each legal entity?"
- A. Company Code
- B. Consolidation Unit
- C. Business Area
- D. Company
Answer: A
NEW QUESTION 41
Accounts Payable and Accounts Receivable
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? (3 correct answers)
- A. Change a document
- B. Block a line item
- C. Lower the dunning level of an item
- D. Block an account
- E. Raise the dunning level of an account
Answer: B,C,D
NEW QUESTION 42
You are configuring asset-related postings of depreciation areas in Asset Accounting. Which of the following settings is "NOT" permitted?
- A. Area posts revaluation only
- B. Area posts in real time
- C. Area does not post
- D. Area posts depreciation only
Answer: A
NEW QUESTION 43
Accounts Payable & Accounts Receivable
Which business partner characteristic is mapped to the customer and supplier account groups?
- A. Business partner account group
- B. Business partner role
- C. Business partner type
- D. Business partner grouping
Answer: A
NEW QUESTION 44
Asset Accounting
"Which elements define the integration of asset acquisitions with the general ledger?
Note: There are 2 correct answers to this question."
- A. Depreciation area
- B. Asset class
- C. Depreciation keys
- D. Valuation area
Answer: A,B
NEW QUESTION 45
Asset Accounting
How can you perform transfers of asset between company codes with differet chart of depreciation?
- A. Define a global transfer variant and assign all the depreciation areas to it.
- B. Configure the cross-company depreciation areas in Customizing.
- C. Ensure the same depreciation areas are used in all charts of depreciation.
- D. Enter depreciation area mapping during intercompany transfer posting.
Answer: B
NEW QUESTION 46
Financial Closing
"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 account, which field is mandatory by standard procedures?"
- A. Functional Area
- B. Business Area
- C. Segment
- D. Profitability segment
Answer: D
NEW QUESTION 47
General Ledger Accounting
"Besides using the profit center, which options dose General Ledger Accounting with document splitting provide to assign a segment to the posting line?
Note: there are 2 correct answers to this question."
- A. Badi implementation (FAGL_DERIVE_SEGMENT)
- B. Definition of validation rules
- C. Assignment of default segments to G/L accounts
- D. Standard account assignment using constants
Answer: A,B
NEW QUESTION 48
Accounts Payable & Accounts Receivable
"You want to configure the default baseline date 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 question."
- A. Posting date
- B. Value date
- C. Goods receipt date
- D. Entry date
- E. Document date
Answer: A,D,E
NEW QUESTION 49
Financial Closing
"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?"
- A. Define two valuation ares and two accounting principles witth relevate links to ledgers.
- B. Define two valuation methods and assign the accounting principles to the new valuation methods.
- C. Define two valuation ares and two extension ledgers with relevant links to accounting principles.
- D. Define two valuation methods and assign the ledger groups to the new valuation method.
Answer: B
NEW QUESTION 50
Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question.
- A. BAdl implementation (FAGL_DERIVE_SEGMENT)
- B. Definition of validation rules
- C. Standard account assignment using constants
- D. Configuration of the derivation logic with derivation sequence and steps
Answer: A,D
NEW QUESTION 51
General Ledger Accounting
How does the system perform the normal reversal of a journal entry?
- A. It creates an inverse posting by resetting the transaction figures
- B. It creates an inverse posting by decreasing the transaction figures
- C. creates an inverse posting by increasing the transaction figures
- D. It creates the inverse posting of a cleared document before resetting it
Answer: C
NEW QUESTION 52
"Organizational Assignments and Process Integration "
What is the recommended organizational unit for cost of sales accounting?
- A. Controlling area
- B. Profitability Segment
- C. Profit center
- D. Functional Area
Answer: D
NEW QUESTION 53
General Ledger Accounting
At what level is the bank master data stores in SAP S/4 HANA?
- A. At the client level
- B. At the system level
- C. At the financial management (FM) area level
- D. At the company code level
Answer: A
NEW QUESTION 54
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
- A. Posting to special periods
- B. Posting to the extension ledge
- C. posting to special putpose ledge
- D. Posting from CO to FI
Answer: D
NEW QUESTION 55
General Ledger Accounting
"Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question"
- A. The posting key must allow nagative postings.
- B. The company code must allow negative postings.
- C. The reversal reason must be configured to allow nagative postings.
- D. The reversal acccount must be configured to allow nagative postings.
Answer: B,C
NEW QUESTION 56
......
C-TS4FI-2021 Exam Certification Details:
| Level: | Associate |
| Exam: | 80 questions |
| Cut Score: | 63% |
Free SAP C-TS4FI-2021 Exam 2022 Practice Materials Collection: https://guidetorrent.dumpstorrent.com/C-TS4FI-2021-exam-prep.html