Prepare C_TS4FI_2020 Question Answers - C_TS4FI_2020 Exam Dumps
Real SAP C_TS4FI_2020 Exam Questions [Updated 2023]
The SAP C-TS4FI-2020 certification exam is designed for professionals who want to validate their expertise in managing financial accounting processes using SAP S/4HANA. This certification exam is ideal for individuals who work in finance departments and are responsible for managing accounts payables, accounts receivables, general ledger, and other financial transactions. By passing the SAP C-TS4FI-2020 exam, candidates can demonstrate their proficiency in configuring and implementing financial accounting processes in SAP S/4HANA.
NEW QUESTION # 16
In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?
- A. Sales deductions in loss item Material expenses in liabilities item
- B. Sales deductions in liabilities item material expenses in loss item
- C. Sales deductions in loss item Material expenses in loss item
- D. Sales deductions in assets item Material expenses in loss item
Answer: A
NEW QUESTION # 17
You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?
Please choose the correct answer.
Response:
- A. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.
- B. The balance of the new account is added to the non-assigned section and is included in the calculation.
- C. The balance of the new account is added to the non-assigned section and is excluded from the calculation.
- D. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
Answer: C
NEW QUESTION # 18
After you collect data in the Inter company Reconciliati
- A. Present reconciled and non-reconciled data.
Communicate differences hat are the next steps of the reconciliation process? - B. Present reconciled and non-reconciled data. Post the correct on documents. Communicate differences.
Store the data. - C. Present reconciled and non-reconciled data.
Communicate differences.
Post the correction documents.
Post the correct on documents.
Store the data. - D. Present reconciled and non-reconciled data. Post the correct on documents. Store the data. Communicate differences.
Store the data.
Answer: C
NEW QUESTION # 19
To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer.
- A. Archive and delete
- B. Extract and delete
- C. Backup and delete
- D. Delete
Answer: A
NEW QUESTION # 20
What do you define when configuring asset classes?
Note: There are 3 correct answers to this question.
- A. Number ranges
- B. Account determination
- C. Screen layout rules
- D. Posting keys
- E. Financial statement version
Answer: A,B,C
NEW QUESTION # 21
What should you do to set up a new exchange rate type in SAP S / 4HANA? There are 2 correct answers to this question.
- A. Specify a purpose for the exchange rate.
- B. Set up the relationship between currencies using conversion rates.
- C. Specify the direct or indirect quotation.
- D. Maintain exchange rates daily
Answer: C,D
NEW QUESTION # 22
You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question.
- A. Closing posting only
- B. Opening posting only
- C. Periodic only
- D. Opening and closing posting only.
Answer: B,C
NEW QUESTION # 23
What are some features of SAP HANA?
Note: There are 2 correct answers to this question.
- A. SAP HANA is optimized to work with aggregates and index tables.
- B. SAP HANA is optimized to organize data using column stores.
- C. SAP HANA is built on a hierarchical data model architecture.
- D. SAP HANA allows transactional and analytical processing off the same tables.
Answer: B,D
NEW QUESTION # 24
Which of the following logistic processes are involved in asset acquisition with materials management (MM)? Choose the correct answers. (3)
- A. Goods receipt
- B. Purchase order
- C. Purchase requisition
- D. Inventory receipt
Answer: A,B,C
NEW QUESTION # 25
Which date is used to determine the depreciation start date?
- A. Value date
- B. Posting date
- C. Document date
- D. System date
Answer: A
NEW QUESTION # 26
Which of the following options are included in the Asset Explorer? Choose the correct answers. (3)
- A. Display depreciation calculation.
- B. Drill down to Financial Accounting (Fl) document.
- C. Drill down to reports.
- D. Post documents.
Answer: A,B,C
NEW QUESTION # 27
How can you post accruals?
Note: There are 3 correct answers to this question.
Response:
- A. Post manually at the end of a period, quarter, or year.
- B. Execute the periodic accrual run.
- C. Use the recurring entry program.
- D. Run the depreciation program.
- E. Reclassify the receivables and payables.
Answer: A,B,C
NEW QUESTION # 28
At which level do you assign the print program to the correspondence type?
- A. At system level
- B. At client or company code level
- C. At company code level only
- D. At client level only
Answer: C
NEW QUESTION # 29
Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.
- A. Materials Management
- B. Accounting
- C. Sales and Distribution
- D. Financial Accounting
Answer: C
NEW QUESTION # 30
Your customer wants the values for a special group of assets to be shown separately in the general ledger.
Which objects do you create in Customizing for Asset Accounting? Note: There are 2 correct answers to this question.
- A. Asset class
- B. Account determination key
- C. Depreciation area
- D. Financial statement version
Answer: A,B
NEW QUESTION # 31
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Choose the correct answer.
- A. Company code
- B. Account level
- C. Organization level
- D. Client level
Answer: D
NEW QUESTION # 32
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
Answer: A,C
NEW QUESTION # 33
What must you do to create new validations and substitutions? Note There are 2 correct answers to this question.
- A. Define the area of application
- B. Select the relevant call-up point
- C. Choose the chart of accounts
- D. Deactivate all former validations and substitutions
Answer: A,B
NEW QUESTION # 34
Which of the following types of tasks are available in the Financial Closing Cockpit application? Choose the correct answers.
- A. Online transactions
- B. Task list template
- C. Flow definition
- D. Remote tasks
Answer: A,C,D
NEW QUESTION # 35
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