SAP SAP Certified Application Associate C_TS4FI_2021 Questions & Answers

• Question 1:

  What does the document type control?

  Note: There are 3 correct answers to this questions.

  A. Whether postings to special periods are permitted

  B. Which posting keys are allowed for postings

  C. whether postings to secondary cost accounts are permitted

  D. Which account type are allowed for postings

  E. Whether negative posting are permitted

  Correct Answer: ADE

• Question 2:

  What are the features of the Accrual Engine in SAP S/4HANA? Note: There are 2 correct answers to this questions.

  A. All accrual calculations must be reviewed and approved before posting.

  B. Accrual postings with a maximum of two line items are supported.

  C. All currencies of the general ledger are supported.

  D. The fiscal year variant of the general ledger is supported.

  Correct Answer: CD

• Question 3:

  You post a purchase order.

  For which expenses does the system calculate accruals?

  Note: There are 2 correct answers to this questions.

  A. Consulting Services

  B. Insurance premiums

  C. Fixed asset purchases

  D. Raw material purchases

  Correct Answer: CD

• Question 4:

  Which field can you change on a posted invoice?

  A. Basel ine date

  B. Tax code

  C. Special G/L indicator

  D. Statistical internal order

  Correct Answer: A

• Question 5:

  You have been asked to set up house banks as part of the implementation.

  What information do you need?

  Note: There are 3 correct answers to this questions.

  A. Company code

  B. Payment method

  C. Bank master data

  D. Bank control key

  E. General ledger account

  Correct Answer: ACE

• Question 6:

  What are some features of SAP HANA?

  Note: There are 2 correct answers to this questions.

  A. SAP HANA is optimized to organize data using column stores.

  B. SAP HANA is optimized to work with aggregates and index tables.

  C. SAP HANA is allows transactional and analytical processing from the same tables.

  D. SAP HANA is built on a hierarchical data model architecture.

  Correct Answer: AC

• Question 7:

  Which of the following statements are valid for financial document number ranges? Note: There are 3 correct answers to this questions.

  A. The same financial document number range can be assigned to several document type

  B. All financial document number ranges can contain numbers and/or letters

  C. Financial document number ranges defined at client level should NOT overlap

  D. Financial document number ranges are defined at company code level

  E. Financial document number ranges must be defined for the year in which they are used

  Correct Answer: ACD

• Question 8:

  In your SAP S4/HANA system, you report financial values for two separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application to post integrated asset acquisitions, how many documents will the system post?

  A. 2

  B. 4

  C. 3

  D. 1

  Correct Answer: A

• Question 9:

  You want to edit a dunning proposal.

  Which actions can you perform?

  Note: There are 3 correct answers to this questions.

  A. Block an account.

  B. Raise the dunning level of an item.

  C. Change a document.

  D. Lower the dunning level of an item.

  E. Block a I ine item.

  Correct Answer: ADE

• Question 10:

  You are responsible for configuring document splitting.

  What are some of the key settings?

  Note: There are 2 correct answers to this questions.

  A. Business transaction variant

  B. Document type

  C. Field status variant

  D. Document number range

  Correct Answer: AB