Pass SAP SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Exam in First Attempt Guaranteed Updated Dump from CramPDF!
Pass C_TS4FI_2020 Exam with 268 Questions - Verified By CramPDF
NEW QUESTION 74
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. Change the dunning proposal.
- B. Schedule the dunning run.
- C. Maintain the parameters.
- D. Start the dunning printout.
Answer: A,B,C
NEW QUESTION 75
You want to define a validation for the combination of general ledger account and cost center. For which call-up point do you define this validation?
Please choose the correct answer.
Response:
- A. Document header
- B. Complete document
- C. Cost of sales accounting
- D. Document line
Answer: D
NEW QUESTION 76
In your SAP S/4HANA system, you report financial values for three 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?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 77
You are posting an incoming payment against an invoice. Which document values does the user tolerance group control?
There are 2 correct answers to this question.
Response:
- A. The cash discount percentage allowed for the complete document
- B. The payment amount allowed for each customer open item
- C. The cash discount amount (absolute value) allowed for a line item
- D. The total amount (sum of all line items) allowed to be posted
Answer: C,D
NEW QUESTION 78
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Response:
- A. Community option
- B. Public option
- C. Private option
- D. Hybrid option
Answer: C
NEW QUESTION 79
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?
Response:
- A. Chart of depreciation
- B. Depreciation area
- C. Valuation area
- D. Depreciation key
Answer: B
NEW QUESTION 80
Which currency valuation program is replaced by FAGL_FCV?
Please choose the correct answer.
Response:
- A. FAGL_FC_VALUATION
- B. FAGL_VALUATION
- C. SAPF130K
- D. SAPF100
Answer: A
NEW QUESTION 81
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend?
Response:
- A. Free offsetting entries
- B. Noted items
- C. Statistical postings
- D. Bill of exchange
Answer: B
NEW QUESTION 82
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 83
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.
Response:
- A. Simulate
- B. Park
- C. Post
- D. Hold
Answer: B,C
NEW QUESTION 84
The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 85
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 two internal number ranges with the same range and assign one each to the relevant document types.
- B. Create two external number ranges with the same range and assign one to each of the relevant document types.
- C. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- D. Enter the same document number range in the customizing definition of both document types.
Answer: D
NEW QUESTION 86
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer.
Response:
- A. Net book value
- B. Asset value date (asset retirement date)
Answer: B
NEW QUESTION 87
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes?
Note: There are 2 correct answers to this question.
Response:
- A. SAP Fieldglass
- B. SAP Concur
- C. SAP Success Factors
- D. SAP Hybris
Answer: A,C
NEW QUESTION 88
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false.
Response:
- A. False
- B. True
Answer: A
NEW QUESTION 89
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. Paying company codes
- B. Bank determination
- C. Special G/L indicators
- D. Payment terms
Answer: A,B
NEW QUESTION 90
You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?
Please choose the correct answer.
Response:
- A. The balance of the new account is added to the non-assigned section and is included in the calculation.
- B. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
- C. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.
- D. The balance of the new account is added to the non-assigned section and is excluded from the calculation.
Answer: D
NEW QUESTION 91
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.
Response:
- A. It is possible to post special tax depreciation and investment support for assets under construction.
- B. It is possible to post credit memos, even after assets under construction are fully capitalized.
- C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
- D. It is impossible to use assets under construction with Investment Management.
Answer: A,B
NEW QUESTION 92
Which of the following is an example of an automatic offsetting entry?
Please choose the correct answer.
Response:
- A. Down payment request
- B. Bank posting of a received down payment
- C. Posting of a guarantee of payment
Answer: C
NEW QUESTION 93
Which business partner categories are available to manage relationships?
Note: There are 2 correct answers to this question.
Response:
- A. Organization
- B. Bank
- C. Person
- D. Customer
Answer: A,C
NEW QUESTION 94
What happens to the transaction figures when you post a normal reversal posting?
Response:
- A. They are deleted
- B. They are cleared.
- C. They are increased.
- D. They are reset.
Answer: C
NEW QUESTION 95
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