C_TS4FI_2021 Online Practice Questions and Answers

Which of the following statements are valid for financial document number ranges? Note: There are 3 correct answers to this questions.

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

What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)

Note: There are 3 correct answers to this questions.

A. Code line

B. Configuration options

C. Data model

D. User experience

E. Upgrade intervals

What area the maintenance levels of a screen layout rule for asset master data?

Note: There are 3 correct answers to this questions.

A. Group asset

B. Asset class

C. Asset subnumber

D. Main asset number

E. Depreciation area

You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA.

What are the year-end closing program checks for Asset Accounting?

Note: There are 2 correct answers to this questions.

A. Asset master data is complete and without errors.

B. Posting periods are closed for asset G/L accounts.

C. Depreciation is posted in full for all assets.

D. The fixed asset fiscal year change is complete.

A general ledger account is defined with the account type "Nonoperating Expense or Income"

Where can this account be used?

A. Profit and loss account that is used in margin analysis

B. Profit and loss account that is used in margin analysis and profit center accounting

C. Profit and loss account that is used in overhead management accounting

D. Profit and loss account that is used in profit center accounting

What items are NOT cleared by automatic clearing program?

Note: There are 3 correct answers to this questions.

A. Items with- sales and use tax

B. Statistical postings

C. Items with withholding tax

D. Noted items

E. Items with value-added tax

For which account can you perform account clearing in SAP S4/HANA?

A. For any balance sheet account managed on a line item basis

B. For any G/L account defined as a reconciliation account

C. For any account that can be posted in foreign currency

D. For any account that is managed on an open item basis

Which of the following statement best describe a noted item?

Note: There are 2 correct answers to this questions.

A. It has an automatic statistical offsetting entry

B. It updates the subledger and the general ledger

C. It can be used to remind the user about due payments

D. It can be accessed by the payment program

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 questions.

A. Maintain exchange rates daily.

B. Set up the relationship between currencies using translation ratios.

C. Specify the company code currency as the base currency.

D. Specify a purpose for the exchange rate type.

Your SAP S4/HANA system is integrated with controlling, You perform cost-of-sales accounting and you profit and loss per profit center.

When posting a supplier invoice to a primary cost account, wich field is mandatory by standard procedures?

A. Functional area

B. Segment

C. Business area

D. Profitability segment