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C_TS4FI_2020 Online Practice Questions and Answers

Questions 4

What are the two phases of AuC that are relevant to Asset Accounting? Choose the correct answers. (2)

A. Under-construction phase

B. Assets transfer phase

C. Useful life phase

D. Accounting phase

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Questions 5

Which of the following parameters can be changed on a time-dependent basis? Choose the correct answers. (3)

A. Depreciation key

B. Useful life (year or period)

C. Variable depreciation portion

D. Depreciation start date

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Questions 6

What is the purpose of the chart of depreciation?

A. The chart of depreciation defines the asset classes for which you can create fixed assets.

B. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

C. The chart of depreciation is a reporting tool that structures your assets for hierarchical reports.

D. The chart of depreciation facilitates country-specific legal valuation of fixed assets.

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Questions 7

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?

A. 3

B. 6

C. 1

D. 4

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Questions 8

Which of the following methods does the depreciation key define? Choose the correct answers. (3)

A. Multilevel method

B. Period control method

C. Base method

D. Asset sheet valuation method

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Questions 9

How do you depreciation areas in SAP S/4HANA?

Note: There are 2 correct answers to this question.

A. Assign a ledger group to each depreciation area.

B. Ensure each accounting principle is assigned to a depreciation area.

C. Assign depreciation area 01 to the leading ledger.

D. Ensure depreciation areas always post to the general ledger.

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Questions 10

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

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Questions 11

What types of data are maintained for a house bank? Note: There are 2 correct answers to this question.

A. General Ledger account

B. Overdraft limit

C. payment signatories

D. Data medium exchange (DME) details

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Questions 12

What steps are required to create a substitution in financial accounting? There are 3 correct answers to this question

A. Assign the substitution rule to the controlling area

B. Select the correct call point

C. Choose the area of application GL

D. Activate the substitution rule

E. Define the substitution rule with its different steps using the formula editor

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Questions 13

True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope. Please choose the correct answer.

A. False

B. True

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Exam Code: C_TS4FI_2020
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Last Update: Mar 19, 2024
Questions: 292
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