[Oct-2021] Valid Way To Pass SAP Exam Dumps with C_TS4FI_2020 Exam Study Guide
All C_TS4FI_2020 Dumps and SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Training Courses Help candidates to study and pass the Exams hassle-free!
NEW QUESTION 145
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 146
Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition?
There are 2 correct answers to this question.
Response:
- A. Company code
- B. Document type
- C. Account type
- D. Ledger
Answer: B,C
NEW QUESTION 147
What is the recommended organizational unit for cost-of-sales accounting?
Please choose the correct answer
Response:
- A. Business area
- B. Controlling area
- C. Sales area
- D. Functional area
Answer: D
NEW QUESTION 148
Which of the following parameters can be changed on a time-dependent basis?
There are 3 correct answers to this question.
Response:
- A. Depreciation key
- B. Useful life (year or period)
- C. Variable depreciation portion
- D. Depreciation start date
Answer: A,B,C
NEW QUESTION 149
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
Response:
- A. The account is created for all active company codes of the client.
- B. The account is a profit-and-loss account that must be open item managed.
- C. The account is a reconciliation balance sheet account for fixed assets.
- D. The account is assigned in the asset account determination for each valid depredation area.
Answer: C
NEW QUESTION 150
Within the line items of Fl documents, what does the posting key control?
Note: There are 3 correct answers to this question.
Response:
- A. Whether the item is posted with reference to primary or secondary cost element
- B. The account type to which the line item can be posted
- C. The account group to which the line item can be posted
- D. Whether the item is posted as a debit or credit
- E. The field status of additional details
Answer: B,D,E
NEW QUESTION 151
You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values.
When you post an external acquisition, how many documents are created?
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 152
Where is the billing document created?
Please choose the correct answer.
Response:
- A. Sales and Distribution
- B. Accounting
- C. Materials Management
- D. Financial Accounting
Answer: A
NEW QUESTION 153
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 154
What is the purpose of the group account number in General Ledger account master data maintenance?
Response:
- A. it is used for cross-company-code reporting if the company codes use different charts of account.
- B. It determines the fields in the entry screen when you create or update a master record in the company code
- C. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.
- D. It defaults the number interval that is applied for the G/L account number in the company code.
Answer: A
NEW QUESTION 155
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 156
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
- A. Ensure depreciation areas always post to the general ledger.
- B. Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area. - C. Assign a ledger group to each depreciation area.
Answer: A,C
NEW QUESTION 157
What data do you maintain in the chart of accounts sections of a General Ledger account?
Response:
- A. User data
- B. Reconciliation data
- C. Consolidation data
- D. Authorization data
Answer: C
NEW QUESTION 158
For which activities can you use an extension ledger?
Note: There are 2 correct answers to this question.
Response:
- A. Simulation of foreign currency valuation
- B. Parallel valuation of depreciation areas
- C. Adjustments for consolidation purposes
- D. Configuration of custom fields for financial statements
Answer: A,C
NEW QUESTION 159
What does the document splitting do?
Please choose the correct answer.
Response:
- A. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- B. It enriches all profit and loss account lines with the defined splitting characteristics.
- C. It enriches all revenue account lines with the defined splitting characteristics.
- D. It enriches all secondary cost element account lines with the defined splitting characteristics.
Answer: A
NEW QUESTION 160
How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer
Response:
- A. SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.
- B. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.
- C. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.
- D. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
Answer: B
NEW QUESTION 161
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:
- A. OL
- B. 1L
- C. 3L
- D. 2L
Answer: A
NEW QUESTION 162
Which of the following retirement types is referred to as scrapping?
Response:
- A. Partial retirement without revenue and without customer
- B. Complete integrated asset retirement
- C. Complete retirement with revenue but without customer
- D. Unplanned depreciation of remaining value
Answer: A
NEW QUESTION 163
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 164
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 165
Which of the following are posted in theprogram FAA_DEPRECIATION_POST? Choose the correct answers.
(3)
- A. Imputed interest
- B. Ordinary depreciation such as book depreciation or imputed depreciation
- C. Parallel APC values
- D. Unplanned depreciation or other manually planned depreciation
Answer: A,B,D
NEW QUESTION 166
Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question.
Response:
- A. SD - Sales and Distribution
- B. CO - Cost Accounting
- C. AA - Asset Accounting
- D. FI - Financial Accounting
Answer: B,C,D
NEW QUESTION 167
......
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