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  4. C_TS4FI_2020 - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)

SAP C_TS4FI_2020 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Exam Practice Test

Demo: 12 questions
Total 80 questions
Get C_TS4FI_2020 Full Access Download C_TS4FI_2020 PDF

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Questions and Answers

Question 1

You want to configure the tax calculation procedures. What are the main elements you need to define? Note: There are 3 correct answers to this question.

Options:

A.

Condition type

B.

Country key

C.

Sequence of steps

D.

Tax code

E.

Account key

Question 2

What does the document type control?

Note: There are 2 correct answers to this question.

Options:

A.

Whether negative postings are permitted

B.

Which account types are allowed for postings

C.

Whether exchange rate differences are permitted

D.

Which posting keys are allowed for postings

Question 3

Which prerequisites must be fulfilled to allow for negative postings of journal entries? Note:There are 2 correct answers to this question.

Options:

A.

The company code must allow negative postings.

B.

The reversal reason must be configured to allow negative postings.

C.

The posting key must allow negative postings.

D.

The reversal accounts must be configured to allow negative postings.

Question 4

You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment. What configuration items do you need to set up to post a simple document? Note:There are 2 correct answers to this question.

Options:

A.

Number range and document types must be maintained.

B.

The posting period variant must be created and assigned.

C.

Line item text templates must be maintained

D.

Tax types and tax codes must be maintained.

Question 5

Your SAP S 4HANA system is integrated with controlling.

You perform cost-of-sales accounting, and you report your profit and loss per profit center.

When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures?

Options:

A.

Segment

B.

Functional Area

C.

Internal Order

D.

Cost Center

Question 6

When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.

Options:

A.

When an account is used as a reconciliation account

B.

When an account is required for clearing

C.

When an account is set up as a cost element

D.

When an account has a zero balance

Question 7

In customizing, at which levels can you assign the print program to the correspondence type? Note: There are 2 correct answers to this question.

Options:

A.

At system level

B.

At client level

C.

At business partner level

D.

At company code level

Question 8

Which steps are required to create a substitution in Financial Accounting? Note:There are 3 correct answers to this question.

Options:

A.

Assign the substitution rule to the controlling area.

B.

Select act vat on Ievel2

C.

Define the substitution rule with its different steps using the formula editor.

D.

Choose the area of application GL.

E.

Select the correct call-up point.

Question 9

What are some features of SAP HA NA? Note:There are 2 correct answers to this question

Options:

A.

SAP HANA is built on a hierarchical data model architecture

B.

SAP HANA is optimized to work with aggregates and index tables

C.

SAP HANA allows transactional and analytical processing from the same tables

D.

SAP HANA is optimized to organize data using column stores

Question 10

You are responsible for implementing Asset Accounting.You are provided with the legacy data of var ous assets and their grouping

information based on classifications, useful life , and depreciation terms.

What configuration step would you initiate to maintain these categories in SAP S/4HANA?

Options:

A.

Copy the chart of depreciation and maintain depreciation areas

B.

Configure depreciation keys and calculation keys.

C.

Define general ledger accounts per each category of legacy asset.

D.

Define asset classes and maintain their attributes.

Question 11

You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system.

How would you define the document number range?

Options:

A.

You must use continuous number assignment.

B.

You must use external number assignment

C.

You must use internal number assignment

D.

You can use internal, external, or continuous number assignment

Question 12

What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note: There are 2 correct answers to this question.

Options:

A.

You want to deploy SAP S/4HANA Cloud.

B.

You want to clean up your system and use SAP Best Practices.

C.

You want to integrate the system to SAP Cloud Platform.

D.

You want to use document splitting for the General Ledger.

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Demo: 12 questions
Total 80 questions
Get C_TS4FI_2020 Full Access Download C_TS4FI_2020 PDF