[2021] C-TS4FI-2020 All-in-One Exam Guide Practice To your C-TS4FI-2020 Exam!
Preparations of C-TS4FI-2020 Exam 2021 SAP Certified Application Associate Unlimited 268 Questions
NEW QUESTION 17
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend?
Response:
- A. Free offsetting entries
- B. Noted items
- C. Statistical postings
- D. Bill of exchange
Answer: B
NEW QUESTION 18
How can you post accruals?
Note: There are 3 correct answers to this question.
Response:
- A. Reclassify the receivables and payables.
- B. Run the depreciation program.
- C. Post manually at the end of a period, quarter, or year.
- D. Execute the periodic accrual run.
- E. Use the recurring entry program.
Answer: C,D,E
NEW QUESTION 19
How does SAP S/4HANA reduce system complexity and improve system efficiency?
There are 2 correct answers to this question.
Response:
- A. By removing application code that deals with aggregates and indexes
- B. By providing application code that deals with aggregates and indexes
- C. By providing views of data at runtime from the same source tables
- D. By removing views of data at runtime from the same source tables
Answer: A,C
NEW QUESTION 20
Which of the following components make up an archiving object?
There are 3 correct answers to this question.
Response:
- A. Customizing settings
- B. Variables
- C. Data declaration part
- D. Programs
Answer: A,C,D
NEW QUESTION 21
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
There are 3 correct answers to this question.
Response:
- A. Activate aging on SAP HANA.
- B. Switch on the data aging business function.
- C. Define the logical file path as a global path for data aging.
- D. Activate data aging for your company code.
- E. Add required authorizations for data aging to your role.
Answer: A,B,E
NEW QUESTION 22
Which field can you change on a posted invoice?
Please choose the correct answer
Response:
- A. Payment terms
- B. Tax code
- C. Special G/L indicator
- D. Cost center
Answer: A
NEW QUESTION 23
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 24
Which of the following standard correspondence types can you use to exchange information with customers and suppliers?
There are 2 correct answers to this question.
Response:
- A. Bill of exchange charges statements
- B. Invoices
- C. Dunning letters
- D. Payment notices
Answer: C,D
NEW QUESTION 25
Delta postings can execute revaluation. Determine whether this statement is true or false.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 26
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Response:
- A. Analytical
- B. Configuration
- C. Transactional
- D. Fact sheet
Answer: B
NEW QUESTION 27
At what level is the bank master data stored in SAP S/4HANA?
- A. At controlling area level
- B. At client level
- C. Atcompany code level
- D. At company level
Answer: B
NEW QUESTION 28
Which closing activities are used in external reporting as per SAP best practices?
There are 2 correct answers to this question.
Response:
- A. Perform valuations of open items in foreign currency.
- B. Update product cost estimates.
- C. Execute the plan cost center assessment cycle.
- D. Reclassify receivables and payables.
Answer: A,D
NEW QUESTION 29
What is the purpose of the group account number in General Ledger account master data maintenance?
Response:
- A. it is used for cross-company-code reporting if the company codes use different charts of account.
- B. It determines the fields in the entry screen when you create or update a master record in the company code
- C. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.
- D. It defaults the number interval that is applied for the G/L account number in the company code.
Answer: A
NEW QUESTION 30
Which deployment options exist for SAP S4HANA?
Note: There are 3 correct answers to this question.
Response:
- A. Cloud deployment
- B. On-premise deployment
- C. Central hub deployment
- D. Hybrid deployment
- E. Agile deployment
Answer: A,B,D
NEW QUESTION 31
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
- A. Ensure depreciation areas always post to the general ledger.
- B. Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area. - C. Assign a ledger group to each depreciation area.
Answer: A,C
NEW QUESTION 32
What are some features of SAP HANA?
There are 2 correct answers to this question.
Response:
- A. SAP HANA is built on a hierarchical data model architecture.
- B. SAP HANA is optimized to organize data using column stores.
- C. SAP HANA allows transactional and analytical processing off the same tables.
- D. SAP HANA is optimized to work with aggregates and index tables.
Answer: B,C
NEW QUESTION 33
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:
- A. OL
- B. 1L
- C. 3L
- D. 2L
Answer: A
NEW QUESTION 34
Which of the following parameters can you define within a dunning procedure?
Note : There are 2 correct answers to this question.
Response:
- A. Company code
- B. Line item total period
- C. Number of dunning levels
- D. Line item grace period
Answer: C,D
NEW QUESTION 35
Which activities can you perform with a recurring journal entry?
Note: There are 2 correct answers to this question
Response:
- A. Create monthly postings on any date of a month.
- B. Determine the number of postings.
- C. Obtain an overview of related future postings.
- D. Set rules to distribute amounts to be posted.
Answer: A,C
NEW QUESTION 36
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