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C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Questions 4

How does the system determine the correspondence type of a payment notice?

Options:

A.

According to the tolerance group, as long as all tolerance groups carry the same correspondence type

B.

According to the reason code, as long as all tolerance groups carry the same correspondence type

C.

According to the reason code, as all reason codes carry the same correspondence type

D.

According to the tolerance group, as all reason codes carry the same correspondence type

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Questions 5

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?

Options:

A.

2

B.

4

C.

3

D.

1

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Questions 6

Which statement best describe extension ledgers in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

Options:

A.

Multiple extension ledgers can point to the same underlying ledger

B.

Extension ledgers can be assigned their own fiscal year variant

C.

Extension ledgers can be assigned their own posting period variant

D.

Extension ledgers can have different currencies than the underlying ledger

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Questions 7

What archiving step must precede archiving a supplier invoice posted directly to FI?

Options:

A.

Archive accounts payables master data

B.

Archive data in CO

C.

Archive FI transaction figures

D.

Perform compression run

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Questions 8

You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation.

Which of the following setting would lead to an error?

Options:

A.

Area posts depreciation only

B.

Area posts APC immediately, depreciation periodically

C.

Area posts in real time

D.

Area posts not post

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Questions 9

You want to edit a dunning proposal.

Which actions can you perform?

Note: There are 3 correct answers to this questions.

Options:

A.

Block an account.

B.

Raise the dunning level of an item.

C.

Change a document.

D.

Lower the dunning level of an item.

E.

Block a I ine item.

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Questions 10

Which of the following statements are valid for financial document number ranges?

Note: There are 3 correct answers to this questions.

Options:

A.

The same financial document number range can be assigned to several document type

B.

All financial document number ranges can contain numbers and/or letters

C.

Financial document number ranges defined at client level should NOT overlap

D.

Financial document number ranges are defined at company code level

E.

Financial document number ranges must be defined for the year in which they are used

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Questions 11

What area of the benefits of how data handled in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

Options:

A.

The data is aggregated in real time from any line item table.

B.

The data is constantly auto-archived to optimize memory usage.

C.

The data is available in real time at line item detail.

D.

The data is summarized into higher levels of aggregates to accelerate system performance.

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Questions 12

What is the recommended organizational unit for cost of sales accounting?

Options:

A.

Segment

B.

Controlling area

C.

Profit center

D.

Functional area

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Exam Code: C_TS4FI_2021
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
Last Update: Sep 20, 2024
Questions: 80
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