C_TS4FI_2020 Online Practice Questions and Answers

What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question

A. One-time license investment

B. Increased customizing flexibility

C. IT cost savings

D. Always up to date

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?

A. 2

B. 4

C. 3

D. 1

What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question.

A. Clearing accounts

B. Account types

C. Special G/L indicator

D. Posting keys

On which levels do you maintain data for an integrated customer account? Note: There are 3 correct answers to this question.

A. Purchasing organization

B. Sales area

C. Company code

D. General data at the client level

E. Profitability segment

You want to configure the tax calculation procedures. What are the main elements you need to define? There are 3 correct answers to this question

A. Tax code

B. Condition Type

C. Account or transaction key

D. Sequence of steps

E. Country key

Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? Choose the correct answers. 2

A. Segment level

B. Business area level

C. Client level

D. Company area level

Which of the following activities does the system perform during the payment run? Choose the correct answers. ( 3 )

A. The system clears open items.

B. The system exports a list of documents to be paid.

C. The system supplies the print programs with necessary data.

D. The system makes postings to the G/L and AP/AR subledgers.

How many intervals are defined for the foreign currency valuation run ID per client? Choose the correct answer.

A. 1

B. 3

C. 0

D. 2

Which of the following are posted in the program FAA_DEPRECIATION_POST? Choose the correct answers. (3)

A. Parallel APC values

B. Unplanned depreciation or other manually planned depreciation

C. Ordinary depreciation such as book depreciation or imputed depreciation

D. Imputed interest

You want to make the Reference Document Number field required for entry. Which object controls this setting? Please choose the correct answer.

A. Document field status

B. Document posting key

C. Document reference key

D. Document type