SAP C_TS4FI_2020 Online Practice Questions and Exam Preparation

SAP C_TS4FI_2020 Online Questions & Answers

• Question 1:

  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. SAP Fieldglass
  C. SAP C/4HANA
  D. SAPAriba
  A. SAP Success Factor
  B. SAP Fieldglass

• Question 2:

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

  A. Assign a ledger group to each depreciation area.
  B. Ensure each accounting principle is assigned to a depreciation area.
  C. Assign depreciation area 01 to the leading ledger.
  D. Ensure depreciation areas always post to the general ledger.
  A. Assign a ledger group to each depreciation area.
  D. Ensure depreciation areas always post to the general ledger.

• Question 3:

  What are the results when you post an outgoing partial payment? There are 2 correct answers to this question.

  A. A payment block is set on the invoice.
  B. A payment is created with reference to the invoice.
  C. The initial invoice is cleared.
  D. The initial invoice remains open.
  B. A payment is created with reference to the invoice.
  D. The initial invoice remains open.

• Question 4:

  At what level is the bank master data stored in SAP S/4HANA?

  A. At controlling area level
  B. At client level
  C. At company level
  D. At company code level
  B. At client level

• Question 5:

  Identify the three types of tolerances in accounting. Choose the correct answers. 3

  A. Employee tolerance groups
  B. Special account tolerance groups
  C. G/L account tolerance groups
  D. Customer/vendor tolerance groups
  A. Employee tolerance groups
  C. G/L account tolerance groups
  D. Customer/vendor tolerance groups

• Question 6:

  What are some of the personalization options available to users in their SAP Fiori launchpad environment?

  Note: There are 3 correct answers to this question.

  A. Users can remove applications that they do NOT use
  B. Users can add applications for filtered report results
  C. Users can add applications from the catalog assigned to them
  D. Users can remove devices that they do NOT use
  E. Users can add new devices from the catalog assigned to them
  A. Users can remove applications that they do NOT use
  B. Users can add applications for filtered report results
  C. Users can add applications from the catalog assigned to them

• Question 7:

  In a valuation method, which of the following is not a valuation approach for foreign currency valuation? Choose the correct answer.

  A. Lowest value principle
  B. Revalue only
  C. Strict lowest value principle
  D. High rate of interest principle
  D. High rate of interest principle

• Question 8:

  During the archiving procedure, if the application generates a specific log, it is used; otherwise, you need to manually create a log. Determine whether this statement is true or false. Please choose the correct answer.

  A. False
  B. True
  A. False

• Question 9:

  Which statements best describe a profit center? Note: There are 2 correct answers to this question.

  A. It is the only object from which segments can be uniformly derived.
  B. It has to be used simultaneously with segments to create separate balance sheet and PandL statements.
  C. It is the only object that can be uniformly derived using segments.
  D. It is an element for which separate balance sheet and PandL statements can be created.
  A. It is the only object from which segments can be uniformly derived.
  D. It is an element for which separate balance sheet and PandL statements can be created.

• Question 10:

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

  A. Controlling area
  B. Organizational unit
  C. Document header
  D. Document line
  C. Document header
  D. Document line