Latest SAP C-TS4FI-2020 PDF and Dumps (2023) Free Exam Questions Answers
Pass Your SAP Certified Application Associate C-TS4FI-2020 Exam on Oct 20, 2023 with 82 Questions
NEW QUESTION # 14
What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question.
- A. Special G/L indicator
- B. Posting keys
- C. Account types
- D. Clearing accounts
Answer: B,D
NEW QUESTION # 15
Which of the following activities does the system perform during the payment run? Choose the correct answers. 3
- A. The system exports a list of documents to be paid.
- B. The system clears open items.
- C. The system makes postings to the G/L and AP/AR subledgers.
- D. The system supplies the print programs with necessary data.
Answer: B,C,D
NEW QUESTION # 16
Which of the following can you use for multiple programs with variants that are to be processed automatically?
Please choose the correct answer.
Response:
- A. Flow definition
- B. Task list template
- C. Online transactions
- D. Remote tasks
Answer: A
NEW QUESTION # 17
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?
- A. The alternative payer and payee
- B. The same bank details
- C. The account link
- D. The same payment method
Answer: C
NEW QUESTION # 18
Which objects can be posted to by more than one company code? There are 3 correct answers to this question.
- A. Business area
- B. Segment
- C. Cost center
- D. Profit Center
- E. Sales organization
Answer: A,E
NEW QUESTION # 19
Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question
- A. The reversal reason must be configured to allow negative postings.
- B. The posting key must allow negative postings.
- C. The reversal accounts must be configured to allow negative postings.
- D. The company code must allow negative postings.
Answer: A,D
NEW QUESTION # 20
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 depreciation only
- C. Area posts in real time
- D. Area does not post
Answer: A
NEW QUESTION # 21
What are the features of the Accrual Engine in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. All accrual calculations must be reviewed and approved before posting
- B. The fiscal year variant of the general ledger is supported.
- C. All currencies of the general ledger are supported.
- D. Accrual postings with a maximum of two line items are supported.
Answer: B,C
NEW QUESTION # 22
Which of the following can you use for multiple programs with variants that are to be processed automatically? Choose the correct answer.
- A. Flow definition
- B. Task list template
- C. Online transactions
- D. Remote tasks
Answer: A
NEW QUESTION # 23
What are some features of SAP HANA?
Note: There are 2 correct answers to this question.
- A. SAP HANA allows transactional and analytical processing off the same tables.
- B. SAP HANA is optimized to work with aggregates and index tables.
- C. SAP HANA is built on a hierarchical data model architecture.
- D. SAP HANA is optimized to organize data using column stores.
Answer: A,D
NEW QUESTION # 24
What does the document splitting do?
Please choose the correct answer.
Response:
- A. It enriches all revenue account lines with the defined splitting characteristics.
- B. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- C. It enriches all profit and loss account lines with the defined splitting characteristics.
- D. It enriches all secondary cost element account lines with the defined splitting characteristics.
Answer: B
NEW QUESTION # 25
You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed. What account does the system use to post the valuation differences?
- A. Statistical FOREX noted item account
- B. Supplier reconciliation GL account
- C. Individual supplier accounts with special GL indicator
- D. Adjustment account for foreign currency
Answer: D
NEW QUESTION # 26
How can you perform transfers of assets between company codes with different charts of depreciation?
Please choose the correct answer.
Response:
- A. Configure the cross-company depreciation areas in customizing.
- B. Correct depreciation area assignment in the asset master record after posting.
- C. Enter depreciation area mapping during intercompany transfer posting.
- D. Assign the group chart of depreciation to the relevant fixed assets.
Answer: A
NEW QUESTION # 27
Which documents are needed to complete the 3-way match in procurement transactions? Note:There are 3 correct answers to this question.
- A. Material document
- B. Invoice receipt
- C. Goods receipt
- D. Purchase requisition
- E. Purchase order
Answer: B,C,E
NEW QUESTION # 28
On which levels can you maintain field status controls for business partners (BP)? Note:There are 2 correct answers to this question.
- A. BP category
- B. Company code
- C. BP role
- D. BP type
Answer: C,D
NEW QUESTION # 29
What does the document splitting functionality do?
- A. It enriches all secondary cost element account lines with the defined splitting characteristics
- B. It enriches all revenue account lines with the defined splitting characteristics
- C. It enriches all relevant balance sheet account lines with the defined splitting characteristics
- D. It enriches all profit and loss account lines with the defined splitting characteristics
Answer: C
NEW QUESTION # 30
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Which setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copied over when you create a new asset via copy?
- A. Remove the main asset indicator
- B. Remove the sub number indicator
- C. Remove the reference indicator
- D. Remove the asset class indicator
Answer: C
NEW QUESTION # 31
You want to define a validation for the combination of ledger account and cost center. For what point of call is this validation defined? Please select the correct answer.
- A. Header of the document
- B. Sales cost accounting
- C. Complete document
- D. Line of documents.
Answer: D
NEW QUESTION # 32
Your customer wants the values for a special group of assets to be shown separately in the general ledger.
Which objects do you create in Customizing for Asset Accounting? Note: There are 2 correct answers to this question.
- A. Account determination key
- B. Depreciation area
- C. Financial statement version
- D. Asset class
Answer: A,D
NEW QUESTION # 33
What steps are required to create a substitution in financial accounting? There are 3 correct answers to this question
- A. Define the substitution rule with its different steps using the formula editor
- B. Activate the substitution rule
- C. Assign the substitution rule to the controlling area
- D. Select the correct call point
- E. Choose the area of application GL
Answer: A,B,E
NEW QUESTION # 34
Which sequence of steps allows a three-way match in procurement transactions? Please choose the correct answer.
- A. Purchase requisition, goods receipt, invoice receipt
- B. Purchase order, purchase requisition, invoice receipt
- C. Purchase requisition, purchase order, goods receipt
- D. Purchase order, invoice receipt, goods receipt
Answer: D
NEW QUESTION # 35
The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 36
You are responsible for configuring document splitting. What are some of the key settings?
Note: There are 2 correct answers to this question.
- A. Document type
- B. Business transaction variant
- C. Document number range
- D. Field status variant
Answer: A,B
NEW QUESTION # 37
Which dates can you use for tax calculation? There are 2 correct answers to this question.
- A. Document date
- B. Posting date
- C. Entry date
- D. Due date
Answer: A,B
NEW QUESTION # 38
What is the purpose of period interval 3 when you define open and closed periods?
- A. It is used for posting from CO to Fl
- B. It is used for the authorization object for posting periods
- C. It is used for period lock in special purpose ledger
- D. It is used for special period posting
Answer: C
NEW QUESTION # 39
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