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C-TS4FI-2021 PDF Dumps | Sep 09, 2023 Recently Updated Questions
NEW QUESTION # 40
What are some features of SAP HANA?
Note: There are 2 correct answers to this questions.
- A. SAP HANA is optimized to organize data using column stores.
- B. SAP HANA is allows transactional and analytical processing from the same tables.
- C. SAP HANA is optimized to work with aggregates and index tables.
- D. SAP HANA is built on a hierarchical data model architecture.
Answer: A,B
NEW QUESTION # 41
Asset Accounting
"In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalize in a single accounting priciple.
If you use the application to post integrated asset acquisitions, how many documents will the system post?"
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION # 42
What can you control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this questions.
- A. The type of payment notice sent to a customer
- B. The account where a residual item is posted
- C. The document type of the payment
- D. The special G/L indicator for the down payment
- E. The exclusion of disputed residual items from credit limit checks
Answer: A,B,E
NEW QUESTION # 43
Asset Accounting
"Which of the following should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question."
- A. Asset number range are defined at chart of depreciation level.
- B. Each asset class can have either an internal or external number range.
- C. Asset number range are defined for asset classes and are company code specific.
- D. Each asset number range must be assigned to a unique asset class.
Answer: B,C
NEW QUESTION # 44
The country that your company code operates in has defined a new VAT tax rate percentage of 15%, which will become effective at the star of the next fiscal year. You create the new VAT codes 05 and 15 to cover this requirement.
How can you ensure that users use the new tax codes when entering tax relevant documents starting next year?
- A. Enter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done
- B. Create a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year
- C. Create a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year
- D. Enter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done
Answer: C
NEW QUESTION # 45
Asset Accounting
Which date is used to determine the depreciation start date?
- A. Posting date
- B. Document date
- C. Baseline date
- D. Asset value date
Answer: D
NEW QUESTION # 46
To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this questions.
- A. Define the task dependencies.
- B. Create task groups.
- C. Release the task dependencies.
- D. Define the person responsible for tasks.
- E. Create a template.
Answer: A,C,E
NEW QUESTION # 47
A general ledger account is defined with the account type "Nonoperating Expense or Income" Where can this account be used?
- A. Profit and loss account that is used in margin analysis
- B. Profit and loss account that is used in overhead management accounting
- C. Profit and loss account that is used in margin analysis and profit center accounting
- D. Profit and loss account that is used in profit center accounting
Answer: B
NEW QUESTION # 48
You must run the foreign currency valuation for both US GAAP and IFRS. which leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. Define two valuation methods and assign the accounting principles to the new valuation methods
- B. Define two valuation area and assign and two accounting principles with relevant links to ledgers
- C. Define two valuation methods and assign the ledger groups to the new valuation methods
- D. Define two valuation area and assign and two extension ledgers with relevant links to accounting principles
Answer: A
NEW QUESTION # 49
Which of the following statements are valid for financial document number ranges?
Note: There are 3 correct answers to this questions.
- A. Financial document number ranges defined at client level should NOT overlap
- B. Financial document number ranges are defined at company code level
- C. Financial document number ranges must be defined for the year in which they are used
- D. All financial document number ranges can contain numbers and/or letters
- E. The same financial document number range can be assigned to several document type
Answer: A,B,E
NEW QUESTION # 50
What archiving step must precede archiving a supplier invoice posted directly to FI?
- A. Archive accounts payables master data
- B. Archive data in CO
- C. Archive FI transaction figures
- D. Perform compression run
Answer: C
NEW QUESTION # 51
You forgot to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?
- A. The balance of the new account is added to the non-assigned selection and included in the calculation
- B. The balance of the new account is added to the in the financial statement item section and is included from the calculation
- C. The balance of the new account is added to the non-assigned selection and excluded in the calculation
- D. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
Answer: C
NEW QUESTION # 52
You define custom currency type Zl for your company code. Which currency types must be stored in the Data End view?
Note: There are 2 correct answers to this questions.
- A. Document currency
- B. Custom currency type Zl
- C. Global currency
- D. Company code currency
Answer: A,D
NEW QUESTION # 53
Asset Accounting
How do you identify an asset master record as an asset under construction?
- A. The asset belongs to a specific asset class
- B. The depreciation key is empty
- C. The asset capitalization date is empty
- D. The ordinary depreciation start date is empty
Answer: A
NEW QUESTION # 54
You are a group cash manager interested in the North American business market What ate the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this questions.
- A. You can manage user access to relevant apps for your team without help from an administrator
- B. You can create a title to take you directly to the cash position of the North America business market
- C. You can create a title group with all the apps required for you daily business for easy access
- D. You can adapt the launchpad color theme according to predefined values for the cash report
Answer: A,B
NEW QUESTION # 55
Asset Accounting.
"You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this question"
- A. Asset master data is complete and without errors
- B. Depreciation is posted in full for all assets
- C. The fixed asset fiscal year change is complete
- D. Posting periods are closed for asset G/L accounts
Answer: A,B
NEW QUESTION # 56
Accounts Payable & Accounts Receivable
Which field can you change on a posted invoice?
- A. Basel ine date
- B. Special G/L indicator
- C. Statistical internal order
- D. Tax code
Answer: A
NEW QUESTION # 57
Overview and Deployment of SAP S/4HANA
"What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)?
Note: There are 3 correct answers to this question."
- A. Data model
- B. Configuration Scope
- C. Upgrade intervals
- D. User experience
- E. Code line
Answer: A,D,E
NEW QUESTION # 58
Accounts Payable & Accounts Receivable
"Which of the following steps do you typically perform during a payment run with the automatic payment program?
Note: There are 2 correct answers to this question"
- A. Maintain open item selection parameters
- B. Define maximum amounts to be paid per supplier
- C. Review the payment proposal exception list
- D. Rank bank accounts for payment
Answer: A,C
NEW QUESTION # 59
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. Definition of validation rules
- B. Configuration of the derivation logic with derivation sequence and steps
- C. Standard account assignment using constants
- D. BAdl implementation (FAGL_DERIVE_SEGMENT)
Answer: B,D
NEW QUESTION # 60
Which of the following is technical year-end closing activity in SAP S4/HANA?
- A. Accruals must be posted
- B. Ledger balances must be carried forward
- C. Foreign currency valuation must be posted
- D. Balance sheet adjustments must be posted
Answer: B
NEW QUESTION # 61
You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? Note: There are 2 correct answers to this question.
- A. Check
- B. Prerequisite
- C. Replacement
- D. Message
Answer: B,C
NEW QUESTION # 62
You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this questions.
- A. Fixed asset purchases
- B. Consulting Services
- C. Raw material purchases
- D. Insurance premiums
Answer: A,C
NEW QUESTION # 63
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