[UPDATED 2022] Read C-TS4FI-2020 Study Guide Cover to Cover as Literally [Q15-Q39] : Exam for engine : http://blog.test4engine.com

QUESTION 15
You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values. When you post an external acquisition, how many documents are created?

QUESTION 16
Identify the callup points that have been provided for Financial Accounting (F1). Choose thecorrect answers.
(2)

Controlling area

Organizational unit

Document header

Document line

QUESTION 17
You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted?
Please choose the correct answer.
Response:

Area posts depreciation only

Area does not post

Area posts in real time

Area posts revaluation only

QUESTION 18
Which parameter indicates that a line item can only be dunned with restrictions?

Dunning grouping

Dunning key

Dunning area

Dunning block reason

QUESTION 19
Which information is checked by the system before a general ledger account k archived?

The Open item Management indicator is set in master data

The Mark for Deletion indicator is set in master data

The Blocked for Posting indicator is set in master data.

The assigned group account is already archived.

QUESTION 20
You want to define a validation for the combination of general ledger account and cost center. For which call-up point do you define this validation?
Please choose the correct answer.
Response:

Document header

Cost of sales accounting

Complete document

Document line

QUESTION 21
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Response:

Assign a ledger group to each depreciation area.

Ensure depreciation areas always post to the general ledger.

Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area.

QUESTION 22
You want to specify the financial statement version for asset reports in Customizing. Where do you need to assign the financial statement version?

To each depreciation area

To each chart of depreciation

To each accounting principle

To each company code

QUESTION 23
Which business partner categories are available to manage relationships?
Note: There are 2 correct answers to this question.
Response:

Organization

Bank

Customer

Person

QUESTION 24
For which activities can you use an extension ledger?
Note: There are 2 correct answers to this question.
Response:

Configuration of custom fields for financial statements

Simulation of foreign currency valuation

Adjustments for consolidation purposes

Parallel valuation of depreciation areas

QUESTION 25
Within the line items of Fl documents, what does the posting key control?
Note: There are 3 correct answers to this question.
Response:

The account type to which the line item can be posted

Whether the item is posted with reference to primary or secondary cost element

The field status of additional details

The account group to which the line item can be posted

Whether the item is posted as a debit or credit

QUESTION 26
Which data model is used for SAP S/4HANA?

Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.

Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments.

Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables.

Online analytical processing (OLAP) that is based on aggregated tables and indexes.

QUESTION 27
Which currency valuation program is replaced by FAGL_FCV?
Please choose the correct answer.
Response:

FAGL_VALUATION

SAPF100

FAGL_FC_VALUATION

SAPF130K

QUESTION 28
What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question.

Forms for the payment media

Bank determination

Exchange rate type

Payment run ID

Allowed currencies

QUESTION 29
What is the first step in the reconciliation process? Choose the correct answer.

Present reconciled and non-reconciled data

Collect data from different companies

Communicate differences

QUESTION 30
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.

Functional Area

Segment

Cost Center

Business Area

QUESTION 31
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight?
There are 2 correct answers to this question.
Response:

It is possible to post credit memos, even after assets under construction are fully capitalized.

It is impossible to use assets under construction with Investment Management.

It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.

It is possible to post special tax depreciation and investment support for assets under construction.

QUESTION 32
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.

The payment amount allowed for each customer open item

The total amount (sum of all line items) allowed to be posted

The cash discount amount (absolute value) allowed for a line item

The cash discount percentage allowed for the complete document

QUESTION 33
In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?

Sales deductions in loss item Material expenses in loss item

Sales deductions in assets item Material expenses in loss item

Sales deductions in liabilities item material expenses in loss item

Sales deductions in loss item Material expenses in liabilities item

QUESTION 34
What are some of the personalization options available to users in your SAP Fiori launch pad environment?
There are 3correct answers to this question.

Users can remove devices they DO NOT use.

Users can add applications for filtered report results.

Users can add applications from the catalog assigned to them.

Users can add new devices from the catalog assigned to them.

Users can remove applications they DO NOT use.

QUESTION 35
On which levels can you activate document splitting? Note: There are 2 correct answers to this question.

Client level

Document type level

Ledger level

Company code level

QUESTION 36
Which activities can you perform with a recurring journal entry? Note: There are 2 correct answers to this question

Determine the number of postings.

Create monthly postings on any date of a month.

Set rules to distribute amounts to be posted.

Obtain an overview of related future postings.

QUESTION 37
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Choose the correct answer.

Goods receipt

Creation of purchase order

Invoice receipt

QUESTION 38
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.

Which account types are allowed for postings

Whether exchange rate difference is permitted

Which posting keys are allowed for postings

Whether negative postings are permitted

QUESTION 39
You are responsible for configuring document splitting. What are some of the key settings?
Note: There are 2 correct answers to this question.

Field status variant

Business transaction variant

Document number range

Document type

[UPDATED 2022] Read C-TS4FI-2020 Study Guide Cover to Cover as Literally [Q15-Q39]

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