C_TS4FI_2020 Online Practice Questions and Answers

Identify some of the fields related to the depreciation area in the asset master record. Choose the correct answers. (3)

A. Scrap value

B. Depreciation start

C. Useful life

D. Asset description

What are the maintenance levels of a screen layout rule for asset classes?

A. Asset class, depreciation area, main asset number, group asset

B. Depreciation area, asset class, main asset number, subnumber

C. Asset class, main asset number, subnumber.

D. Main asset number, subnumber. depreciation area

What do you define in payment terms?

Note: There are 2 correct answers to this question.

A. Tolerance days

B. Due date specification

C. Cash discount

D. Posting key

The government announces that it plans to change the basic VAT tax percentage from 20% to 18%. What do you have to do in the system to comply?

Please choose the correct answer:

A. Change the tax percentage for input and output tax codes to 18%.

B. Change the tax percentage for existing input tax codes to 18%.

C. Create new tax codes with the 18% percentage for input tax.

D. Create new tax codes with the 18% percentage for input and output tax.

Which of the following can you use for multiple programs with variants that are to be processed automatically? Choose the correct answer.

A. Online transactions

B. Task list template

C. Flow definition

D. Remote tasks

You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date ? Note: 3 Answers

A. Goods receipt date

B. Value date

C. Posting date

D. Document date

E. Entry Date

What account types can you use to classify general ledger accounts in SAP S/4HANA? There are 3 correct answers to this question.

A. Secondary costs

B. Reconciliation accounts

C. Non-operating expense or income

D. Field status group

E. Balance sheet

Which statement best describes the normal reversals functionality?

A. Executes the inverse posting by increasing the transaction figures.

B. Executes the inverse posting of a cleared document before resetting it.

C. Executes an inverse posting by resetting the transaction figures.

D. Executes a transfer posting by resetting the transaction figures.

What is the recommended organizational unit for the cost of sales accounting? Please choose the correct answer

A. Business Area

B. Sales Area

C. Controlling area

D. Functional Area

Which functions allow you to temporarily save the entered data? Choose the correct answers. 2

A. Hold function

B. Save function

C. Parking function

D. Insert function