C-TS4FI-2021 Free Certification Exam Material from Dumpexams with 83 Questions
Use Real C-TS4FI-2021 - 100% Cover Real Exam Questions
NEW QUESTION # 15
Which statements best describe a profit center?
Note: There are 2 correct answers to this questions.
- A. It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.
- B. It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.
- C. It is the only object from which segments can be uniformly derived.
- D. It is the only object that can be uniformly derived using segments.
Answer: B,C
NEW QUESTION # 16
You are getting ready to post you first simple general ledger document using the SAP Fiori app for posting in the test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this questions.
- A. Number range and document types must be maintained
- B. The posting period variant must be created and assigned
- C. Automatic account determination must be maintained
- D. Line item text templates must be maintained
Answer: A,B
NEW QUESTION # 17
General Ledger Accounting
What does the document splitting functionality do?
- A. It enables the automatic create of additional posting documents for each defined spliiting charecteristic.
- B. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- C. It enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers.
- D. It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items.
Answer: B
NEW QUESTION # 18
which characteristics maps the business partner to the customer and supplier account groups?
- A. Business partner grouping
- B. Business partner view
- C. Business partner role
- D. Business partner account group
Answer: A
NEW QUESTION # 19
How does SAP S4/HANA support the treatment of taxes?
Note: There are 3 correct answers to this questions.
- A. It checks the tax codes and automatically updates the taxes based on changes by tax authorities
- B. It performs tax adjustments for cash discounts and other forms of deductions
- C. It adjust the tax codes and automatically updates the procedure
- D. It post the tax amount to tax accounts
- E. It checks the tax amount entered and automatically calculates the tax
Answer: B,D,E
NEW QUESTION # 20
Accounts Payable & Accounts Receivable
Which field can you change on a posted invoice?
- A. Statistical internal order
- B. Tax code
- C. Special G/L indicator
- D. Basel ine date
Answer: D
NEW QUESTION # 21
"Organizational Assignments and Process Integration "
"You assign currency type 40 to your company code in ledger 0L.
Which source currency types can you select?
Note: There are 2 correct answer to this question."
- A. Controlling area
- B. Company code currency
- C. Group currency
- D. Document currency
Answer: B,D
NEW QUESTION # 22
Accounts Payable & Accounts Receivable
"On which levels can you maintain field status controls for business partners (BP)?
Note: There are 2 correct ansers to this question"
- A. BP category
- B. BP type
- C. BP role
- D. Company Code
Answer: B,C
NEW QUESTION # 23
You 'd like to set up low values asset (LVA) management.
What do you need to do?
- A. Define a base unit for measure for LVA in individual management
- B. Specify the minimum amount for LVA at two levels: company code and chart of depreciation
- C. Define two separate asset classes to manage LVA using individual or collective management
- D. Specify the minimum amount for LVA at three levels: company code, depreciation area and asset class
Answer: D
NEW QUESTION # 24
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. The fiscal year variant of the general ledger is supported.
- D. All currencies of the general ledger are supported.
Answer: C,D
NEW QUESTION # 25
General Ledger Accounting
"You are responsible for configuring document splitting.
What are some of the ky settings?
Note There are 2 correct answer to this question."
- A. Document type
- B. Field status variant
- C. Business transaction variant
- D. Document number range
Answer: A,C
NEW QUESTION # 26
General Ledger Accounting
"What items are NOT cleared by the automatic clearing program?
Note: There are 3 correct answers to this question."
- A. Items with value-added tax
- B. Items with withholding tax
- C. Statistical postings
- D. Noted items
- E. Items with sales and use tax
Answer: C,D
NEW QUESTION # 27
General Ledger Accounting
"Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question"
- A. The posting key must allow nagative postings.
- B. The reversal acccount must be configured to allow nagative postings.
- C. The company code must allow negative postings.
- D. The reversal reason must be configured to allow nagative postings.
Answer: C,D
NEW QUESTION # 28
General Ledger Accounting
For which account can you perform account clearing in SAP S/4HANA?
- A. For any balance sheet account managed on a line item basis
- B. For any account that is managed on an open item basis
- C. For any account that is assigned to a financial statement version
- D. For any G/L account defined as reconciliation account
Answer: D
NEW QUESTION # 29
General Ledger Accounting
How does the system perform the normal reversal of a journal entry?
- A. It creates an inverse posting by decreasing the transaction figures
- B. It creates the inverse posting of a cleared document before resetting it
- C. It creates an inverse posting by resetting the transaction figures
- D. creates an inverse posting by increasing the transaction figures
Answer: D
NEW QUESTION # 30
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