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Free SAP Certified Application Associate C-TS4FI-2020 Ultimate Study Guide (Updated 82 Questions)
NEW QUESTION 20
How does the system behave when an invoice is processed as a residual payment?
- A. The original document and payment are cleared.
- B. All documents remain in the account as open items.
- C. The payment difference is posted to a different account
- D. The payment difference is written off.
Answer: A
NEW QUESTION 21
For which activities can you use an extension ledger?
Note: There are 2 correct answers to this question.
Response:
- A. Adjustments for consolidation purposes
- B. Configuration of custom fields for financial statements
- C. Simulation of foreign currency valuation
- D. Parallel valuation of depreciation areas
Answer: A,C
NEW QUESTION 22
For which special G/L indicator do you specify a target special G/L indicator?
Please choose the correct answer.
Response:
- A. Bill of exchange
- B. Customer down payment
- C. Vendor down payment request
- D. Guarantee given
Answer: C
NEW QUESTION 23
For which of the following can you park documents? Choose the correct answers. (2)
- A. Sales invoices
- B. Customer accounts
- C. Material accounts
- D. General ledger accounts
Answer: B,D
NEW QUESTION 24
The usage of which of the following depreciation types can be activated per depreciationb area? Choose the correct answers. (3)
- A. Ordinary depreciation
- B. Special depreciation
- C. Unplanned depreciation
- D. Scheduled depreciation
Answer: A,B,C
NEW QUESTION 25
Which of the following are the characteristics included in general ledger drilldown reports? Choose the correct answers. 2
- A. Total debit balance
- B. Company code
- C. Business area
- D. Segment
Answer: B,C
NEW QUESTION 26
What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION 27
Which of the following functions include the important functions of the SAP List Viewer tool? Choose the correct answers. (3)
- A. Calculating totals and subtotals
- B. Defining print parameters
- C. Deleting and inserting columns
- D. Setting filters
Answer: A,C,D
NEW QUESTION 28
Which of the following is an example of an automatic offsetting entry? Choose the correct answer.
- A. Bank posting of a received down payment
- B. Down payment request
- C. Posting of a guarantee of payment
Answer: C
NEW QUESTION 29
What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer.
- A. 3L
- B. IL
- C. 0L
- D. 2L
Answer: C
NEW QUESTION 30
Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.
- A. Financial Accounting
- B. Accounting
- C. Materials Management
- D. Sales and Distribution
Answer: D
NEW QUESTION 31
how does SAP S/4HANA support the treatment of taxes? Note: There are 3 correct answers to this question.
- A. It checks the tax amount entered and automatically calculates the tax
- B. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
- C. It performs tax adjustments for cash discounts and other forms of deduction
- D. It adjusts the tax codes and automatically updates the procedure.
- E. It posts the tax amount to tax accounts.
Answer: A,C,E
NEW QUESTION 32
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note: There are 3 correct answers to this question.
- A. Define the logical file path as a global path for data aging
- B. Activate aging on SAP HANA.
- C. Switch on the data aging business function
- D. Activate data aging for your company code.
- E. Add required authorizations for data aging to your role.
Answer: B,C,E
NEW QUESTION 33
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 34
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L Which special G/Ltype do you recommend?
- A. Statistical postings
- B. Noted items
- C. Bill of exchange
- D. Free offsetting entries
Answer: B
NEW QUESTION 35
Which of the following retirement types is referred to as scrapping? Please choose the correct answer.
- A. Complete retirement with revenue but without customer
- B. Unplanned depreciation of remaining value
- C. Partial retirement without revenue and without customer
- D. Complete integrated asset retirement
Answer: C
NEW QUESTION 36
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Please choose the correct answer.
- A. Define a valuation area and extension ledger to link with the new valuation area.
- B. Define two valuation areas and two accounting principles with relevant links to ledgers.
- C. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
- D. Define two valuation methods and assign the accounting principles to the new valuation methods.
Answer: B
NEW QUESTION 37
What are some features of SAP HANA?
There are 2 correct answers to this question.
Response:
- A. SAP HANA is optimized to organize data using column stores.
- B. SAP HANA allows transactional and analytical processing off 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 38
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