[Oct 25, 2023] Pass SAP Certified Application Associate C_TS4FI_2020 Exam With 82 Questions
Ultimate Guide to Prepare Free SAP C_TS4FI_2020 Exam Questions and Answer
NEW QUESTION # 42
Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer
- A. Clearing
- B. Down payment received
- C. Customer invoice
- D. Down payment request
Answer: D
NEW QUESTION # 43
What field can you change on a posted invoice?
- A. Payment terms.
- B. Special G / L indicator
- C. Tax code
- D. Cost center
Answer: C
NEW QUESTION # 44
Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question.
- A. Agile deployment
- B. On-premise deployment
- C. Cloud deployment
- D. Hybrid deployment
- E. Central hub deployment
Answer: B,C,D
NEW QUESTION # 45
Which of the following components make up an archiving object? Choose the correct answers.
- A. Programs
- B. Data declaration part
- C. Variables
- D. Customizing settings
Answer: A,B,D
NEW QUESTION # 46
Which field status has the lowest priority (G/L accounts)? Choose the correct answer.
- A. Display
- B. Optional entry
- C. Required entry
- D. Hide
Answer: B
NEW QUESTION # 47
Which of the following components make up an archiving object?
There are 3 correct answers to this question.
Response:
- A. Programs
- B. Data declaration part
- C. Variables
- D. Customizing settings
Answer: A,B,D
NEW QUESTION # 48
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. Delete
- B. Archive and delete
- C. Extract and delete
- D. Backup and delete
Answer: B
NEW QUESTION # 49
You want to specify the financial statement version for asset reports in Customizing. Where do you need to assign the financial statement version?
- A. To each accounting principle
- B. To each depreciation area
- C. To each chart of depreciation
- D. To each company code
Answer: B
NEW QUESTION # 50
Which edition of SAP S / 4HANA did the universal magazine present? Please choose the correct answer.
- A. SAP S / 4HANA Cloud
- B. SAP Business Suite powered by SAP HANA
- C. SAP S / 4HANA Finance 1503
- D. SAP S/4HANA1511
Answer: C
NEW QUESTION # 51
You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on category, life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?
Please choose the correct answer.
- A. Define asset classes and maintain their attributes.
- B. Copy the chart of depreciation and maintain depreciation areas.
- C. Define general ledger accounts per each category of legacy asset.
- D. Configure depreciation keys and calculation keys.
Answer: B
NEW QUESTION # 52
What information is provided when you execute the balance audit trail? Please choose the correct answer.
- A. A comparison of general ledger account balances across ledgers
- B. A list of changes of maintained sensitive fields in general ledger accounts
- C. The starting balance and the yearly changes to the balance of a general ledger account
- D. The open account balances for customer accounts and supplier accounts
Answer: C
NEW QUESTION # 53
Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3
- A. Expenses or charges
- B. Dunning levels
- C. Bank selection
- D. Minimum amounts
Answer: A,B,D
NEW QUESTION # 54
Which statements best describe extension ledgers in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Extension ledgers can have different currencies than the underlying ledger.
- B. Extension ledgers can be assigned their own posting period variant
- C. Extension ledgers can be assigned their own fiscal year variant.
- D. Multiple extension ledgers can point to the same underlying ledger.
Answer: B,D
NEW QUESTION # 55
Which of the following activities does the system perform during the payment run? Choose the correct answers. 3
- A. The system supplies the print programs with necessary data.
- B. The system exports a list of documents to be paid.
- C. The system clears open items.
- D. The system makes postings to the G/L and AP/AR subledgers.
Answer: A,C,D
NEW QUESTION # 56
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: There are 3 correct answers to this question.
- A. Document date
- B. Entry date
- C. Value date
- D. Posting date
- E. Goods receipt date
Answer: A,B,D
NEW QUESTION # 57
You are running an international business and want to set up separate legal entities to execute operations and perform accounting activities. What organizational unit do you need to create for each legal entity? Please select the correct answer.
- A. Company code
- B. Segment
- C. Control area.
- D. Company
Answer: A
NEW QUESTION # 58
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 procedure
- C. Dunning block
- D. Dunning area
- E. Dunning interval
Answer: B,C,D
NEW QUESTION # 59
Which of the following is an example of an automatic offsetting entry?
Please choose the correct answer.
Response:
- A. Bank posting of a received down payment
- B. Down payment request
- C. Posting of a guarantee of payment
Answer: C
NEW QUESTION # 60
Which prerequisites must be fulfilled before you can use negative postings? Note: There are 2 correct answers to this question.
- A. The reversal reason must allow alternative posting dates.
- B. The posting key must permit negative posting.
- C. The company code must permit negative postings.
- D. The reversal reason must allow negative postings.
Answer: C,D
NEW QUESTION # 61
Which of the following statements best describe how core data services (CDS) are developed?
- A. They are developed in the ABAPlayer of the SAP S/4HANA system by the Analytics end user.
- B. They are developed in the ABAP layer of theSAP S/4HANA system by the IT user.
- C. They are developed in the SAP HANA database layer by the Analytics key user.
- D. They are developed in the SAP HANA database layer by the IT user.
Answer: B
NEW QUESTION # 62
SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio integrate with SAP S/4HANAto help you perform human resource management?
Note: There are 2 correct answers to this question.
- A. SAP Success Factor
- B. SAPAriba
- C. SAP Fieldglass
- D. SAP C/4HANA
Answer: A,C
NEW QUESTION # 63
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal?
There are 3 correct answers to this question.
Response:
- A. Change a document.
- B. Block an account.
- C. Lower the dunning level of an item.
- D. Block a line item.
- E. Change the dunning data of an account.
Answer: B,C,D
NEW QUESTION # 64
You define the type of custom currency Z1 for your company code. What types of currency should be stored in the Data Entry view? There are 2 correct answers to this question.
- A. Custom currency type
- B. Company code currency
- C. Document currency
- D. Object currency.
Answer: B,C
NEW QUESTION # 65
Which of the following are valid settlement receivers when you liquidate an asset under construction on a starting basis? There are 2 correct answers to this question.
- A. Cost center
- B. Fixed asset
- C. Profit center
- D. Functional area.
Answer: A,B
NEW QUESTION # 66
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