SAP C_TS4FI_2020 Online Practice Questions and Exam Preparation

SAP C_TS4FI_2020 Online Questions & Answers

• Question 101:

  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 102:

  Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer.

  A. Down payment request
  B. Down payment received
  C. Clearing
  D. Customer invoice
  A. Down payment request

• Question 103:

  What items are NOT cleared by the automatic clearing program? Note: 3 Answers

  A. Statistical postings
  B. Items with withholding tax
  C. Noted Items
  D. Items with value added tax
  E. Items with sales and use tax
  A. Statistical postings
  B. Items with withholding tax
  C. Noted Items

• Question 104:

  What account types can you use to classify general ledger accounts in SAP S/4HANA? There are 3 correct answers to this question.

  A. Secondary costs
  B. Reconciliation accounts
  C. Non-operating expense or income
  D. Field status group
  E. Balance sheet
  A. Secondary costs
  C. Non-operating expense or income
  E. Balance sheet

• Question 105:

  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. Company code currency
  B. Custom currency type
  C. Object currency.
  D. Document currency
  A. Company code currency
  D. Document currency

• Question 106:

  Which of the following are the characteristics included in general ledger drilldown reports? Choose the correct answers. 2

  A. Business area
  B. Total debit balance
  C. Segment
  D. Company code
  A. Business area
  D. Company code

• Question 107:

  Which of the following steps do you typically perform when executing the payment run with the automatic payment program? There are 2 correct answers to this question.

  A. Define maximum amounts to be paid by supplier.
  B. Review the payment proposal exception list
  C. Maintain open item selection parameters.
  D. Rank bank accounts for payment.
  B. Review the payment proposal exception list
  D. Rank bank accounts for payment.

• Question 108:

  Which closing activities are used in external reporting as per SAP best practices? Note: There are 2 correct answers to this question.

  A. Perform valuations of open items in foreign currency.
  B. Execute the plan cost center assessment cycle.
  C. Reclassify receivables and payables
  D. Update product cost estimates.
  B. Execute the plan cost center assessment cycle.
  C. Reclassify receivables and payables

• Question 109:

  Down payments received reduce the total of which of the following entities? Choose the correct answer.

  A. Bank balance
  B. Receivables
  C. Inventory
  D. Payables
  B. Receivables

• Question 110:

  What are the maintenance levels of a screen layout rule for asset classes?

  A. Asset class, depreciation area, main asset number, group asset
  B. Depreciation area, asset class, main asset number, subnumber
  C. Asset class, main asset number, subnumber.
  D. Main asset number, subnumber. depreciation area
  C. Asset class, main asset number, subnumber.