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Latest SAP Certified Application Associate C-TS4FI-2020 Actual Free Exam Questions
NEW QUESTION # 38
What do you define when configuring asset classes? Note:There are 3 correct answers to this question.
- A. Screen layout rules
- B. Financial statement version
- C. Number ranges
- D. Posting keys
- E. Account determination
Answer: A,C,E
NEW QUESTION # 39
Which of the following activities does the system perform during the payment run? Choose the correct answers. 3
- A. The system exports a list of documents to be paid.
- B. The system supplies the print programs with necessary data.
- C. The system makes postings to the G/L and AP/AR subledgers.
- D. The system clears open items.
Answer: B,C,D
NEW QUESTION # 40
For which activities can you use an extension ledger?
Note: There are 2 correct answers to this question.
Response:
- A. Simulation of foreign currency valuation
- B. Adjustments for consolidation purposes
- C. Configuration of custom fields for financial statements
- D. Parallel valuation of depreciation areas
Answer: A,B
NEW QUESTION # 41
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
- A. Remove the subnumber indicator in screen layout maintenance.
- B. Remove the main asset indicator in screen layout maintenance.
- C. Remove the asset class indicator in screen layout maintenance.
- D. Remove the reference indicator in screen layout maintenance.
Answer: D
NEW QUESTION # 42
What do you define when configuring asset classes?
Note: There are 3 correct answers to this question.
- A. Screen layout rules
- B. Financial statement version
- C. Number ranges
- D. Posting keys
- E. Account determination
Answer: A,C,E
NEW QUESTION # 43
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.
- A. Number of date fields required
- B. Document number required
- C. Reason code required
- D. Account required
- E. Company code required
Answer: B,C,D
NEW QUESTION # 44
How many intervals are defined for the foreign currency valuation run ID per client? Choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 45
Which of the following statements are correct? Choose the correct answers. 2
- A. It is possible to design multilevel workflow sequences.
- B. The same workflow variant can be assigned to several company codes.
- C. A task can be assigned only one possible processor.
- D. A company code can be assigned several workflow variants.
Answer: A,B
NEW QUESTION # 46
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.
- A. Business Area
- B. Functional Area
- C. Segment
- D. Cost Center
Answer: D
NEW QUESTION # 47
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Response:
- A. Dunning key
- B. Dunning area
- C. Dunning interval
- D. Dunning block
- E. Dunning procedure
Answer: B,D,E
NEW QUESTION # 48
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 line
- B. Document header
- C. Cost of sales accounting
- D. Complete document
Answer: A
NEW QUESTION # 49
You are posting an incoming payment against an invoice. Which document values does the user tolerance group control?
There are 2 correct answers to this question.
Response:
- A. The total amount (sum of all line items) allowed to be posted
- B. The cash discount amount (absolute value) allowed for a line item
- C. The cash discount percentage allowed for the complete document
- D. The payment amount allowed for each customer open item
Answer: A,B
NEW QUESTION # 50
A general ledger account has a foreign currency setting of CAD. The company code currency is USO. The controlling area currency is EUR.
Which currencies can you post to in this account?
- A. You can only post to the account in CAD
- B. You can only post to the account in CAD and USD
- C. You can only post to the account in USD
- D. You can only post to the account in CAD,USD, and EUR.
Answer: A
NEW QUESTION # 51
Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3
- A. Bank selection
- B. Dunning levels
- C. Expenses or charges
- D. Minimum amounts
Answer: B,C,D
NEW QUESTION # 52
You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values.
When you post an external acquisition, how many documents are created?
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION # 53
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? Choose the correct answers. 2
- A. Business area level
- B. Company area level
- C. Segment level
- D. Client level
Answer: A,B
NEW QUESTION # 54
Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. (3)
- A. No zero-balance check is made in the system.
- B. No special general ledger indicators of your own can be created of this type.
- C. Noted items are posted to an alternative reconciliation account.
- D. The account for the offsetting entry is selected automatically.
- E. No postings are made on an offsetting account.
Answer: A,C,E
NEW QUESTION # 55
Which date is used to determine the depreciation start date?
- A. Value date
- B. Document date
- C. Posting date
- D. System date
Answer: A
NEW QUESTION # 56
Which statements best describe a profit center? Note: There are 2 correct answers to this question
- A. It is the only object that can be uniformly derived using segments
- B. It is an element for which separate balance sheet and P&L statements can be created
- C. It must be used simultaneously with segments to create separate balance sheet and P&L statements.
- D. It is the only object from which segments can be uniformly derived
Answer: B,D
NEW QUESTION # 57
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 maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
- B. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach.
- C. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts 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 # 58
Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
Response:
- A. A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.
- B. A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation.
- C. A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.
- D. A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.
Answer: A,D
NEW QUESTION # 59
Which of the following is the first step in the variant principle? Choose the correct answer.
- A. Create multiple variants
- B. Define variant
- C. Determine values for the variant
- D. Assign the variant to the objects
Answer: B
NEW QUESTION # 60
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. Switch on the data aging business function.
- C. Define the logical file path as a global path for data aging
- D. Add required authorizations for data aging to your role
Answer: A,B
NEW QUESTION # 61
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 group with all the apps required for your daily business for easy access.
- B. You can create an app to take you directly to the cash position of the North American business market.
- C. You can create access to relevant apps for the North American accounts payable group that reports to you.
- D. You can adapt the launchpad color theme according to predefined values for the cash report
Answer: B,C
NEW QUESTION # 62
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