Latest [Mar 15, 2023] Real SAP C_TS4FI_2021 Exam Dumps Questions
C_TS4FI_2021 Dumps To Pass SAP Certified Application Associate Exam in One Day (Updated 83 Questions)
NEW QUESTION 25
You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this questions.
- A. Insurance premiums
- B. Consulting Services
- C. Fixed asset purchases
- D. Raw material purchases
Answer: C,D
NEW QUESTION 26
Financial Closing
"Your SAP S/4HANA system is integrated with controlling. You perform cost-of-sales accounting and you report your profit and loss per profit center.
When posting a supplier invoice to a primary account, which field is mandatory by standard procedures?"
- A. Business Area
- B. Functional Area
- C. Profitability segment
- D. Segment
Answer: C
NEW QUESTION 27
General Ledger Accounting
"You are getting ready to post your first simple general ledger document using the SAP fiori app for posting in a test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this question. "
- A. Line item text templates must be maintained.
- B. User must be assined to a tolerance group.
- C. Number range and document types must be maintained.
- D. The posting period variant must be created and assigned.
Answer: C,D
NEW QUESTION 28
General Ledger Accounting
"Which statements best describe a profit center?
Note: There are 2 correct answers to this question."
- A. It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not.
- B. It is the only object that can be unifromly derived using segments.
- C. It is the only object from which segments can be unifornly derived.
- D. It is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment.
Answer: A,C
NEW QUESTION 29
What do you need to do to configure a new exchange rate type in SAP S/4HANA?
Note: There are 2 correct answers to this questions.
- A. Specify a purpose for the exchange rate type.
- B. Set up the relationship between currencies using translation ratios.
- C. Specify the company code currency as the base currency.
- D. Maintain exchange rates daily.
Answer: A,B
NEW QUESTION 30
Your SAP S4/HANA system is integrated with controlling, You perform cost-of-sales accounting and you profit and loss per profit center.
When posting a supplier invoice to a primary cost account, wich field is mandatory by standard procedures?
- A. Business area
- B. Profitability segment
- C. Functional area
- D. Segment
Answer: A
NEW QUESTION 31
You must run the foreign currency valuation for both US GAAP and IFRS. which leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. Define two valuation methods and assign the ledger groups to the new valuation methods
- B. Define two valuation area and assign and two extension ledgers with relevant links to accounting principles
- C. Define two valuation area and assign and two accounting principles with relevant links to ledgers
- D. Define two valuation methods and assign the accounting principles to the new valuation methods
Answer: D
NEW QUESTION 32
How do you configure depreciation areas in SAP S4/HANA?
Note: There are 2 correct answers to this questions.
- A. Assign each accounting principle to a depreciation area
- B. Ensure all depreciation areas always post to the general ledger
- C. Ensure a ledger group is assigned to each accounting principle
- D. Assign depreciation area 01 to the leading ledger
Answer: A,B
NEW QUESTION 33
A general ledger account is defined with the account type "Nonoperating Expense or Income" Where can this account be used?
- A. Profit and loss account that is used in margin analysis and profit center accounting
- B. Profit and loss account that is used in margin analysis
- C. Profit and loss account that is used in profit center accounting
- D. Profit and loss account that is used in overhead management accounting
Answer: D
NEW QUESTION 34
General Ledger Accounting
"What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this question."
- A. It is responsible for costs and revenues within an organization.
- B. It represents separate areas of operation within an organization.
- C. It is considered for consolidation.
- D. It can be assigned to a company code.
Answer: C,D
NEW QUESTION 35
Financial Closing
What is the order of configuration within SAP Financial Closing Cockpit?
- A. Create task list, release task list, define dependencies, create template, create tasks
- B. Create template, create tasks, define depedencies, create task list, release task list
- C. Create template, create task list, create tasks, define dependencies, release task list
- D. Define dependencies, create template, create tasks, create task list, release task list
Answer: B
NEW QUESTION 36
What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this questions.
- A. It is responsible for costs and revenues within an organization.
- B. It represents separate areas of operation within an organization.
- C. It is considered for consolidation.
- D. It can be assigned to a company code.
Answer: C,D
NEW QUESTION 37
"Organizational Assignments and Process Integration " "You define custom currency type Zl for your company code. Which currency types must be stored in the Data Entry view? Note: There are 2 correct answers to this question."
- A. Company code currency
- B. Custom currency type Zl
- C. Hard currency
- D. Document currency
Answer: A,D
NEW QUESTION 38
To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this questions.
- A. Define the task dependencies.
- B. Create a template.
- C. Create task groups.
- D. Define the person responsible for tasks.
- E. Release the task dependencies.
Answer: A,B,E
NEW QUESTION 39
How can you create an asset under construction?
Note: There are 2 correct answers to this questions.
- A. Manually (transaction AS01), using a specific asset class
- B. Automatically, when setting capex cost from a WBS element
- C. Automatically, when setting capex cost from an internal order
- D. Automatically, when creating an investment measure
Answer: B,D
NEW QUESTION 40
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