[Full-Version] 2024 New C_TS4FI_2023 Actual Exam Dumps, SAP Practice Test [Q21-Q39]

[Full-Version] 2024 New C_TS4FI_2023 Actual Exam Dumps,  SAP Practice Test

Study HIGH Quality C_TS4FI_2023 Free Study Guides and Exams Tutorials

SAP C_TS4FI_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.
Topic 2	Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.
Topic 3	General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 4	Asset Accounting: In this topic, you'll learn about managing charts of depreciation, asset classes, and asset master data. It includes setting up valuation and depreciation methods, performing periodic and year-end closing processes, and configuring parallel accounting principles.

 

NEW QUESTION # 21
On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.

• A. Account determination
• B. Depreciation area
• C. Asset Class
• D. Chart of Accounts

Answer: A,D

NEW QUESTION # 22
Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?

• A. Business Network
• B. Experience Management
• C. Intelligent Suite
• D. Industry Cloud

Answer: D

NEW QUESTION # 23
You want to post a reversal for a document posted in a closed posting period.
Which object do you configure to allow you to enter the reversal with a date different from the original document?

• A. Reversal method
• B. Company code
• C. Document type
• D. Reversal reason

Answer: D

NEW QUESTION # 24
You want to post depreciation costs of one asset to two cost centers. How do you do this?

• A. You assign two real cost centers in the asset master data.
• B. You assign a statistical order in the asset master data which you settle periodically to two cost centers.
• C. You assign a real internal order in the asset master data which you settle periodically to two cost centers.
• D. You assign a real cost center and a statistical cost center in the asset master data.

Answer: C

NEW QUESTION # 25
What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

• A. It must be defined as a cost accounting valuation area type.
• B. It must be linked to leading ledger OL.
• C. It must always post in real time.
• D. It cannot take over values from other areas.

Answer: B,D

NEW QUESTION # 26
Which of the following organizational elements can be shared by several company codes? (Select 3)

• A. Profit center
• B. Business area
• C. Plant
• D. Segment
• E. Sales organization

Answer: A,B,D

NEW QUESTION # 27
You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.
How do you achieve this?

• A. By creating a substitution in Financial Accounting line items
• B. By setting the "identical" parameter as not activated in the account assignment configuration
• C. By removing the cost center from the asset master data
• D. By changing the corresponding error into a warning via configuration

Answer: A

NEW QUESTION # 28
You are implementing the Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

• A. It allows cross template maintenance.
• B. It allows cross task list monitoring of task status.
• C. It allows cross task list execution of tasks.
• D. It covers multiple companies with same or similar tasks.

Answer: A,C

NEW QUESTION # 29
You post an unplanned depreciation to an asset.
What is the effect on FI-AA and FI-GL?

• A. Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.
• B. Posting is done in FI-AA and in FI-GL online and in real time.
• C. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.
• D. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.

Answer: B

NEW QUESTION # 30
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. Alternative reconciliation G/L account
• B. Adjustment G/L account for foreign currency
• C. Supplier reconciliation G/L account
• D. Individual supplier accounts with special G/L indicator

Answer: B

NEW QUESTION # 31
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

• A. 40 = Hard currency
• B. 30 = Group currency
• C. 10 = Company code currency
• D. 00 = Document currency
• E. 60 = Global company currency

Answer: B,C,E

NEW QUESTION # 32
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.

• A. Balance Sheet Account
• B. Primary Costs or Revenue
• C. Non-operating Expense or Income
• D. Cash Account
• E. Secondary Costs

Answer: B,C,E

NEW QUESTION # 33
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.

• A. Manage Chart of Accounts
• B. Make Bank Transfers
• C. Customer Accounting Document
• D. Accounts Payable Overview

Answer: A,D

NEW QUESTION # 34
You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.

• A. The field "Reference" of the credit memo is blank.
• B. The credit memo was created without reference to an invoice.
• C. The due date determined based on the entered payment terms is in the past.
• D. The credit memo was entered in Financial Accounting.

Answer: B,D

NEW QUESTION # 35
Which model can be used for ABAP cloud-native development?

• A. The SAP S/4HANA Cloud Extensibility Model
• B. ABAP RESTful Application Programming Model
• C. The ABAP Cloud Development Model

Answer: B

NEW QUESTION # 36
You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?

• A. They must belong to the same controlling area.
• B. They must have the same configuration for payment transactions.
• C. They must be located in the same country.
• D. They must all belong to the same company.

Answer: C

NEW QUESTION # 37
How does the system determine the relevant accounting principle when performing foreign currency valuation?

• A. Via the valuation class
• B. Via the valuation type
• C. Via the valuation area
• D. Via the valuation method

Answer: D

NEW QUESTION # 38
You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?

• A. Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.
• B. Posting is done in FI-AA and in FI-GL online and in real time.
• C. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.
• D. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.

Answer: B

NEW QUESTION # 39
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