Latest Oct 25, 2021 Real C-TS4FI-2020 Exam Dumps Questions Valid C-TS4FI-2020 Dumps PDF
SAP C-TS4FI-2020 Exam Dumps - PDF Questions and Testing Engine
SAP C-TS4FI-2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Asset Accounting > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
| Accounts Payable & Accounts Receivable > 12% | Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales. |
| Financial Closing > 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods. |
| Overview and Deployment of SAP S/4HANA < 8% | Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options. |
| General Ledger Accounting > 12% | Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting. |
NEW QUESTION 105
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Response:
- A. Private option
- B. Community option
- C. Public option
- D. Hybrid option
Answer: A
NEW QUESTION 106
What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.
Response:
- A. It is used for posting from CO to FI.
- 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: A
NEW QUESTION 107
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question.
- A. It is possible to post special tax depreciation and investment support for assets under construction.
- B. It is possible to post credit memos, even after assets under construction are fully capitalized.
- C. It is impossible to use assets under construction with Investment Management.
- D. It is possible tocalculate and post depreciation in the balance sheet depreciation area for assets under construction.
Answer: A,B
NEW QUESTION 108
How can you perform transfers of assets between company codes with different charts of depreciation?
Please choose the correct answer.
Response:
- A. Assign the group chart of depreciation to the relevant fixed assets.
- B. Configure the cross-company depreciation areas in customizing.
- C. Enter depreciation area mapping during intercompany transfer posting.
- D. Correct depreciation area assignment in the asset master record after posting.
Answer: B
NEW QUESTION 109
What does the document type control?
There are 2 correct answers to this question.
Response:
- A. Whether negative postings are permitted
- B. Whether exchange rate difference is permitted
- C. Which account types are allowed for postings
- D. Which posting keys are allowed for postings
Answer: A,C
NEW QUESTION 110
Which information is checked by the system before a general ledger account k archived?
Response:
- A. The assigned group account is already archived.
- B. The Mark for Deletion indicator is set in master data
- C. The Blocked for Posting indicator is set in master data.
- D. The Open item Management indicator is set in master data
Answer: B
NEW QUESTION 111
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer.
Response:
- A. Net book value
- B. Asset value date (asset retirement date)
Answer: B
NEW QUESTION 112
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. Remote tasks
- C. Online transactions
- D. Task list template
Answer: A
NEW QUESTION 113
On which levels can you maintain field status controls for business partners (BP)?
There are 3 correct answers to this question.
Response:
- A. Client
- B. BP type
- C. Company code
- D. BP category
- E. BP role
Answer: A,B,E
NEW QUESTION 114
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 115
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
Please choose the correct answer.
Response:
- A. 1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents. - B. 1. Store the data.
2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences. - C. 1. Post the correction documents.
2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences. - D. 1. Present reconciled and non-reconciled data
2. Post the correction documents.
3. Store the data.
4. Communicate differences.
Answer: A
NEW QUESTION 116
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
Response:
- A. The account is assigned in the asset account determination for each valid depredation area.
- B. The account is a reconciliation balance sheet account for fixed assets.
- C. The account is created for all active company codes of the client.
- D. The account is a profit-and-loss account that must be open item managed.
Answer: B
NEW QUESTION 117
Which business partner categories are available to manage relationships?
Note: There are 2 correct answers to this question.
Response:
- A. Bank
- B. Customer
- C. Person
- D. Organization
Answer: C,D
NEW QUESTION 118
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. Set rules to distribute amounts to be posted.
- C. Obtain an overview of related future postings.
- D. Determine the number of postings.
Answer: A,C
NEW QUESTION 119
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
Please choose the correct answer.
Response:
- A. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.
- B. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
- C. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach.
- D. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach.
Answer: D
NEW QUESTION 120
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose?
Choose the correct answer.
Response:
- A. The system prompts for the user to assign one
- B. The one assigned to the tolerance group
- C. The one in the line item with the largest amount
- D. The one in the first line item
Answer: B
NEW QUESTION 121
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:
- A. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- B. Enter the same document number range in the customizing definition of both document types.
- C. Create two external number ranges with the same range and assign one to each of the relevant document types.
- D. Create two internal number ranges with the same range and assign one each to the relevant document types.
Answer: B
NEW QUESTION 122
......
Reliable SAP Certified Application Associate C-TS4FI-2020 Dumps PDF Oct 25, 2021 Recently Updated Questions: https://www.testsdumps.com/C-TS4FI-2020_real-exam-dumps.html
Latest C-TS4FI-2020 Exam Dumps for Pass Guaranteed: https://drive.google.com/open?id=1RNgjjaTwwv3JqcgJZYBJC22U8xbAmY0G
