New 2021 Latest Questions C_TS4FI_2020 Dumps - Use Updated SAP Exam
Latest C_TS4FI_2020 Exam Dumps SAP Exam from Training Expert ExamTorrent
SAP C_TS4FI_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Asset Accounting > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting. |
| Accounts Payable & Accounts Receivable > 12% | Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
| Financial Closing > 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods. |
| General Ledger Accounting > 12% | Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting. |
| Overview and Deployment of SAP S/4HANA < 8% | Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options. |
NEW QUESTION 136
Which edition of SAP S / 4HANA did the universal magazine present? Please choose the correct answer.
- A. SAPBusiness Suite powered by SAP HANA
- B. SAP S / 4HANA Finance 1503
- C. SAP S / 4HANA Cloud
- D. SAP S/4HANA1511
Answer: B
NEW QUESTION 137
Which of the following special G/L transactions are noted items?
Note: There are 2 correct answers to this question.
Response:
- A. Guarantee of payment
- B. Bill of exchange payment request
- C. Down payment request
- D. Down payment
Answer: B,C
NEW QUESTION 138
Which field can you change on a posted invoice?
Please choose the correct answer
Response:
- A. Cost center
- B. Tax code
- C. Special G/L indicator
- D. Payment terms
Answer: D
NEW QUESTION 139
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Response:
- A. Private option
- B. Community option
- C. Public option
- D. Hybrid option
Answer: A
NEW QUESTION 140
Identify the application areas where validations and substitutions can be used.
There are 2 correct answers to this question.
Response:
- A. FI - Financial Accounting
- B. CO - Cost Accounting
- C. SD - Sales and Distribution
- D. AA - Asset Accounting
Answer: A,B
NEW QUESTION 141
Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question.
Response:
- A. The payment amount is less than the minimum amount specified for a payment.
- B. An invalid house bank is selected.
- C. The invoice has a debit balance.
- D. The discount period has expired.
Answer: A,B,C
NEW QUESTION 142
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 143
What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.
Response:
- A. It is used for posting from CO to FI.
- B. It is used for the authorization object for posting periods.
- C. It is used for period lock in special purpose ledger.
- D. It is used for special period posting.
Answer: A
NEW QUESTION 144
On which levels can you maintain field status controls for business partners (BP)?
There are 3 correct answers to this question.
Response:
- A. Client
- B. BP type
- C. Company code
- D. BP category
- E. BP role
Answer: A,B,E
NEW QUESTION 145
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
- A. Remove the subnumber indicator in screen layout maintenance.
- B. Remove the asset class indicator in screen layout maintenance.
- C. Remove the reference indicator in screen layout maintenance.
- D. Remove the main asset indicator in screen layout maintenance.
Answer: C
NEW QUESTION 146
In your system, you currently perform manual outgoing payments and you want to use the automatic payment program.
Which settings must you maintain as part of the configuration of the automatic payment program?
There are 2 correct answers to this question.
Response:
- A. Special G/L indicators
- B. Bank determination
- C. Paying company codes
- D. Payment terms
Answer: B,C
NEW QUESTION 147
Which of the following is the first step in the variant principle?
Please choose the correct answer.
Response:
- A. Determine values for the variant
- B. Create multiple variants
- C. Assign the variant to the objects
- D. Define variant
Answer: D
NEW QUESTION 148
What is the recommended organizational unit for cost-of-sales accounting?
Please choose the correct answer
Response:
- A. Sales area
- B. Business area
- C. Controlling area
- D. Functional area
Answer: D
NEW QUESTION 149
Which items can you clear with the automatic clearing program?
Response:
- A. Statistical postings
- B. Bank transaction items
- C. Items with withholding tax entries
- D. Noted items
Answer: B
NEW QUESTION 150
You are configuring accrual types for the accrual engine. For which postings is account determination required?
There are 2 correct answers to this question.
Response:
- A. Closing Posting only
- B. Periodic only
- C. Opening Posting only
- D. Opening and Closing Posting only
Answer: B,C
NEW QUESTION 151
What is controlled by the terms of payment?
There are 3 correct answers to this question.
Response:
- A. Account for cash discount received
- B. Determination of the baseline date
- C. Setting for net procedure
- D. Allowed account type
- E. Default payment method
Answer: B,D,E
NEW QUESTION 152
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.
There are 3 correct answers to this question.
Response:
- A. Maintain the parameters.
- B. Start the dunning printout.
- C. Change the dunning proposal.
- D. Schedule the dunning run.
Answer: A,C,D
NEW QUESTION 153
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:
- A. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- B. Enter the same document number range in the customizing definition of both document types.
- C. Create two external number ranges with the same range and assign one to each of the relevant document types.
- D. Create two internal number ranges with the same range and assign one each to the relevant document types.
Answer: B
NEW QUESTION 154
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 155
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C_TS4FI_2020 Exam Certification Details:
| Duration: | 180 mins |
| Cut Score: | 59% |
| Level: | Associate |
| Languages: | German, English |
| Sample Questions: | SAP C_TS4FI_2020 Exam Sample Question |
| Exam: | 80 questions |
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