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NEW QUESTION # 35
Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 3 correct answers to this questions.
- A. Run plan assessment cycles for profit center
- B. Regroup receivables and payables on the balance sheet
- C. Perform flat rate value adjustment for receivables
- D. Perform a top-down distribution in margin analysis
- E. Preform valuations of open items in foreign currency
Answer: B,C,E
NEW QUESTION # 36
Financial Closing
"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?"
- A. Define two valuation methods and assign the ledger groups to the new valuation method.
- B. Define two valuation ares and two accounting principles witth relevate links to ledgers.
- C. Define two valuation methods and assign the accounting principles to the new valuation methods.
- D. Define two valuation ares and two extension ledgers with relevant links to accounting principles.
Answer: C
NEW QUESTION # 37
Asset Accounting
"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?"
- A. Remove the subnumber indicator
- B. Remove the main asset indicator
- C. Remove the asset class indicator
- D. Remove the reference indicator
Answer: D
NEW QUESTION # 38
"Organizational Assignments and Process Integration "
"Which of the following statements are valid for financial document number ranges?
Note: There are 3 correct answers to this question"
- A. Financial document number ranges are defined at company code level
- B. Financial document number ranges defined at client level should NOT overlap
- C. Financial document number ranges must be defined for the year in which they are used
- D. The same financial document number range can be assigned to several document types
- E. All financial document number ranges can contain numbers and/or letters
Answer: A,D,E
NEW QUESTION # 39
General Ledger Accounting
"You are responsible for configuring document splitting.
What are some of the ky settings?
Note There are 2 correct answer to this question."
- A. Document number range
- B. Document type
- C. Field status variant
- D. Business transaction variant
Answer: B,D
NEW QUESTION # 40
General Ledger Accounting
"You have been asked to set up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this question"
- A. General ledger account
- B. Bank Master Data
- C. Bank Control Key
- D. Company code
- E. Payment method
Answer: A,C,D
NEW QUESTION # 41
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. Upgrade intervals
- B. Data model
- C. Code line
- D. Configuration Scope
- E. User experience
Answer: B,C,E
NEW QUESTION # 42
General Ledger Accounting
"What do you need to do to configure a new exchange rate type in SAP S/4HANA?
Note: There are 2 correct answers to this question."
- A. Specify the company code currency as the base currency
- B. Specify a purpose for the exhange rate type
- C. Set up the relationship between currencies using translation ratios
- D. Maintain exchange rates daily
Answer: C,D
NEW QUESTION # 43
Accounts Payable & Accounts Receivable
"Which of the following statemens best describe a noted item?
Note: There are 2 correct answers to this question"
- A. It has an automatic statistical offsetting entry
- B. It updates the subledger and the general ledger
- C. It can be accessed by the payment program
- D. It can be used to remind the user about due payments
Answer: C,D
NEW QUESTION # 44
Overview and Deployment of SAP S/4HANA
"You are a group cash manager interested in the North American business market.
What are the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this question"
- A. You can create a tile to take you directly to the cash position of the North American business market
- B. You can manage user access to relevant apps for the North American accounts payable group that reports to you
- C. You can adapt the launchpad color theme according to predefined values for the cash report
- D. You can create a tile group with all the apps required for you daily business for easy access
Answer: A,D
NEW QUESTION # 45
Overview and Deployment of SAP S/4HANA
"What are some of the benefits of the data handing in SAP S/4HANA?
Note: There are 2 correct answers to this question."
- A. The data is constantly auto archived to optimize memory usege.
- B. The data is summarized into higher levels of aggregated to help system performance.
- C. The data is aggregated on the fly from any line item table.
- D. The data is available in real time at line item detail.
Answer: C,D
NEW QUESTION # 46
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note:There are 2 correct answers to this question.
- A. Archive transactional data no longer legally required
- B. Define the logical file path as a global path for data aging
- C. Add required authorizations for data aging to your role
- D. Switch on the data aging business function.
Answer: A,D
NEW QUESTION # 47
In your SAP S4/HANA system, you report financial values for two separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.
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 # 48
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. Global currency
- B. Company code currency
- C. Custom currency type Zl
- D. Document currency
Answer: B,D
NEW QUESTION # 49
"Organizational Assignments and Process Integration "
"You want to define a validation for the combination of general ledger account and cost center.
For which call-up point do you define this validation?"
- A. Document header
- B. Cost of sales accounting
- C. Document line
- D. Complete document
Answer: C
NEW QUESTION # 50
What dunning-related data do you maintain on the business partner master record?
Note: There are 2 correct answers to this questions.
- A. Dunning key
- B. Dunning interval
- C. Dunning area
- D. Dunning block
Answer: C,D
NEW QUESTION # 51
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
- A. Posting from CO to FI
- B. Posting to special periods
- C. posting to special putpose ledge
- D. Posting to the extension ledge
Answer: A
NEW QUESTION # 52
"Organizational Assignments and Process Integration "
Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?
- A. A down payment request is created as an FI noted item, which automatically generates as an SD billing document.
- B. A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item.
- C. A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.
- D. A down payment request is created as an FI noted item, which automatically generates as an SD sales order.
Answer: A
NEW QUESTION # 53
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 questions.
- A. Review the payment proposal exception list.
- B. Define maximum amounts to be paid per supplier.
- C. Maintain open item selection parameters.
- D. Rank bank accounts for payment.
Answer: A,C
NEW QUESTION # 54
How does SAP S4/HANA support the treatment of taxes?
Note: There are 3 correct answers to this questions.
- A. It post the tax amount to tax accounts
- B. It checks the tax codes and automatically updates the taxes based on changes by tax authorities
- C. It performs tax adjustments for cash discounts and other forms of deductions
- D. It checks the tax amount entered and automatically calculates the tax
- E. It adjust the tax codes and automatically updates the procedure
Answer: A,C,D
NEW QUESTION # 55
General Ledger Accounting
"What items are NOT cleared by the automatic clearing program?
Note: There are 3 correct answers to this question."
- A. Statistical postings
- B. Items with withholding tax
- C. Noted items
- D. Items with value-added tax
- E. Items with sales and use tax
Answer: A,B,E
NEW QUESTION # 56
Asset Accounting
"What do you define when configuring asset classes?
Note: There are 3 correct answers to thia question."
- A. Transaction types
- B. Screen layout rules
- C. Account determination
- D. Number ranges
- E. Posting keys
Answer: B,C,D
NEW QUESTION # 57
"Organizational Assignments and Process Integration "
"Ypu need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.
How do you define the document number range?"
- A. You must use external number assignment.
- B. You can use internal or external number assignment, but it has to be continuous.
- C. You can use internal or external number assignment.
- D. You must use internal number assignment.
Answer: A
NEW QUESTION # 58
Accounts Payable & Accounts Receivable
"Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this question."
- A. Payment method
- B. Payment type
- C. Terms of payment
- D. Baseline date
- E. Payment transaction
Answer: A,C,D
NEW QUESTION # 59
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C_TS4FI_2021 exam questions from Dumps4PDF dumps: https://testinsides.dumps4pdf.com/C_TS4FI_2021-valid-braindumps.html (83 Q&As)