SAP C_TS4FI_2020 Online Practice Questions and Exam Preparation

SAP C_TS4FI_2020 Online Questions & Answers

• Question 1:

  Which of the following activities does the system perform during the payment run? Choose the correct answers. 3

  A. The system makes postings to the G/L and AP/AR subledgers.
  B. The system clears open items.
  C. The system supplies the print programs with necessary data.
  D. The system exports a list of documents to be paid.
  A. The system makes postings to the G/L and AP/AR subledgers.
  B. The system clears open items.
  C. The system supplies the print programs with necessary data.

• Question 2:

  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.

  A. It is possible to post special tax depreciation and investment support for assets under construction.
  B. It is impossible to use assets under construction with Investment Management.
  C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
  D. It is possible to post credit memos, even after assets under construction are fully capitalized.
  A. It is possible to post special tax depreciation and investment support for assets under construction.
  D. It is possible to post credit memos, even after assets under construction are fully capitalized.

• Question 3:

  Which objects can be posted to by more than one company code? There are 3 correct answers to this question.

  A. Depreciation key
  B. Useful life (year or period)
  C. Depreciation start date
  D. Variable depreciation portion
  A. Depreciation key
  B. Useful life (year or period)
  D. Variable depreciation portion

• Question 4:

  When you post a payment for an invoice, how does the system derive the splitting characteristics?

  A. Inheritance
  B. Passive document splitting
  C. Active document splitting
  D. Default assignment
  B. Passive document splitting

• Question 5:

  You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for leading valuation and depreciation area 32 is assigned to the non-leading ledger for parallel valuation. What posting option should you choose for depreciation area 32?

  A. Area Posts Depreciation Only
  B. Area Posts in Real Time
  C. Area Does Not Post
  D. Area Posts APC Immediately, Depreciation Periodically
  B. Area Posts in Real Time

• Question 6:

  Which of the following statements is correct for external number assignment (manual posting)? Choose the correct answer.

  A. The number is entered by the user.
  B. The number is the last document number.
  C. The number is automatically assigned.
  D. The number must be assigned in a sequence.
  A. The number is entered by the user.

• Question 7:

  Which tasks are stages of dunning execution? Note: There are 2 correct answers to this question.

  A. Schedule the dunning run.
  B. Maintain the dunning parameters.
  C. Maintain the dunning levels
  D. Schedule the dunning intervals.
  A. Schedule the dunning run.
  B. Maintain the dunning parameters.

• Question 8:

  You need to enter a percentage rate in the terms of payment to calculate_ . Choose the correct answer.

  A. Cash discount
  B. Debit amount
  C. Invoice discount
  D. Credit amount
  A. Cash discount

• Question 9:

  Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? Choose the correct answers. (3)

  A. For a large quantity of legacy data, use batch input procedure (program RAALTD01)
  B. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
  C. For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)
  D. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT
  E. For a small quantity of legacy data, use AS100.
  B. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
  D. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT
  E. For a small quantity of legacy data, use AS100.

• Question 10:

  What is controlled by the terms of payment? There are 3 correct answers to this question.

  A. Allowed account type
  B. Determination of the baseline date
  C. Setting for net procedure
  D. Default payment method
  E. Account for cash discount received
  A. Allowed account type
  B. Determination of the baseline date
  D. Default payment method