Certification Training for C-TS4FI-2020 Exam Dumps Test Engine [2021]
Sep 25, 2021 Step by Step Guide to Prepare for C-TS4FI-2020 Exam
NEW QUESTION 52
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Response:
- A. Community option
- B. Public option
- C. Private option
- D. Hybrid option
Answer: C
NEW QUESTION 53
In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?
Response:
- A. Sales deductions in liabilities item
material expenses in loss item - B. Sales deductions in loss item
Material expenses in liabilities item - C. Sales deductions in assets item
Material expenses in loss item - D. Sales deductions in loss item
Material expenses in loss item
Answer: B
NEW QUESTION 54
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?
Response:
- A. Chart of depreciation
- B. Depreciation area
- C. Valuation area
- D. Depreciation key
Answer: B
NEW QUESTION 55
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?
There are 3 correct answers to this question.
Response:
- A. Cost center
- B. Description of the asset
- C. License plate number
- D. Inventory number
Answer: A,B,D
NEW QUESTION 56
In your SAP S/4HANA system, you report financial values for three 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?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 57
For which special G/L indicator do you specify a target special G/L indicator?
Please choose the correct answer.
Response:
- A. Guarantee given
- B. Customer down payment
- C. Vendor down payment request
- D. Bill of exchange
Answer: C
NEW QUESTION 58
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 59
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
- A. Ensure depreciation areas always post to the general ledger.
- B. Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area. - C. Assign a ledger group to each depreciation area.
Answer: A,C
NEW QUESTION 60
Identify the application areas where validations and substitutions can be used.
There are 2 correct answers to this question.
Response:
- A. AA - Asset Accounting
- B. SD - Sales and Distribution
- C. CO - Cost Accounting
- D. FI - Financial Accounting
Answer: C,D
NEW QUESTION 61
You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view?
There are 2 correct answers to this question.
Response:
- A. Company code currency
- B. Object currency
- C. Document currency
- D. Custom currency type Z1
Answer: A,C
NEW QUESTION 62
You are posting an incoming payment against an invoice. Which document values does the user tolerance group control?
There are 2 correct answers to this question.
Response:
- A. The cash discount percentage allowed for the complete document
- B. The payment amount allowed for each customer open item
- C. The cash discount amount (absolute value) allowed for a line item
- D. The total amount (sum of all line items) allowed to be posted
Answer: C,D
NEW QUESTION 63
What is controlled by the terms of payment?
There are 3 correct answers to this question.
Response:
- A. Allowed account type
- B. Determination of the baseline date
- C. Default payment method
- D. Setting for net procedure
- E. Account for cash discount received
Answer: A,B,C
NEW QUESTION 64
How does SAP S/4HANA reduce system complexity and improve system efficiency?
There are 2 correct answers to this question.
Response:
- A. By removing application code that deals with aggregates and indexes
- B. By providing application code that deals with aggregates and indexes
- C. By providing views of data at runtime from the same source tables
- D. By removing views of data at runtime from the same source tables
Answer: A,C
NEW QUESTION 65
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
- A. Remove the subnumber indicator in screen layout maintenance.
- B. Remove the main asset indicator in screen layout maintenance.
- C. Remove the reference indicator in screen layout maintenance.
- D. Remove the asset class indicator in screen layout maintenance.
Answer: C
NEW QUESTION 66
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
Response:
- A. False
- B. True
Answer: A
NEW QUESTION 67
What is the recommended organizational unit for cost-of-sales accounting?
Please choose the correct answer
Response:
- A. Business area
- B. Controlling area
- C. Sales area
- D. Functional area
Answer: D
NEW QUESTION 68
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:
- A. OL
- B. 1L
- C. 3L
- D. 2L
Answer: A
NEW QUESTION 69
What types of data are maintained for a house bank?
Note: There are 2 correct answers to this question.
Response:
- A. General Ledger account
- B. payment signatories
- C. Data medium exchange (DME) details
- D. Overdraft limit
Answer: A,C
NEW QUESTION 70
In your system, you currently perform manual outgoing payments and you want to use the automatic payment program.
Which settings must you maintain as part of the configuration of the automatic payment program?
There are 2 correct answers to this question.
Response:
- A. Paying company codes
- B. Bank determination
- C. Special G/L indicators
- D. Payment terms
Answer: A,B
NEW QUESTION 71
Identify the steps performed during the general ledger closing operations for the fiscal year.
There are 3 correct answers to this question.
Response:
- A. Vendor invoices are posted.
- B. Foreign currency documents are valuated.
- C. Accruals are carried out.
- D. The balance carry forward program is run.
Answer: B,C,D
NEW QUESTION 72
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