C_TS4FI_2020 Exam Details

  • Exam Code
    :C_TS4FI_2020
  • Exam Name
    :SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
  • Certification
    :SAP Certifications
  • Vendor
    :SAP
  • Total Questions
    :292 Q&As
  • Last Updated
    :May 24, 2026

SAP C_TS4FI_2020 Online Questions & Answers

  • Question 141:

    Which currency types can you set in customizing activity "define setting for ledgers and currency type"? There are 2 correct answers to this question.

    A. Transaction Currency
    B. Local Currency
    C. Group Currency
    D. Material Ledger Currency

  • Question 142:

    The SAP HANA database relies on which of the following technologies for storing data? There are three correct answers

    A. Aggregation
    B. Compression
    C. In-memory
    D. Indexing
    E. Columnar store

  • Question 143:

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

    A. Forms for the payment media
    B. Bank determination
    C. Exchange rate type
    D. Payment run ID
    E. Allowed currencies

  • Question 144:

    Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.

    A. Document number required
    B. Company code required
    C. Account required
    D. Reason code required
    E. Number of date fields required

  • Question 145:

    What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question

    A. One-time license investment
    B. Increased customizing flexibility
    C. IT cost savings
    D. Always up to date

  • Question 146:

    Cleared items contain which of the following pieces of information? Choose the correct answers. (2)

    A. Clearing date
    B. Clearing document number
    C. Archival information
    D. Due date

  • Question 147:

    How does SAP S/4 HANA support the treatment of taxes? There are 3 correct answers to this question.

    A. It performs tax adjustments for cash discounts and other forms of deductions.
    B. It performs the adjustment to the tax codes and automatically updates the procedure.
    C. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
    D. It posts the tax amount to tax accounts.
    E. It checks the tax amount entered and automatically calculates the tax.

  • Question 148:

    Which of the following statements best describe a noted item?

    Note: There are 2 correct answers to this question.

    A. It updates the subledger and the general ledger.
    B. It can be accessed by the payment program
    C. It has an automatic statistical offsetting entry
    D. It can be used to remind the user about due payments.

  • Question 149:

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

    A. Dunning grouping
    B. Dunning key
    C. Dunning area
    D. Dunning block reason

  • Question 150:

    A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Choose the correct answer.

    A. The one in the line item with the largest amount
    B. The one assigned to the tolerance group
    C. The one in the first line item
    D. The system prompts for the user to assign one

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