C_TS4FI_2021 Online Practice Questions and Answers

What are some features of SAP HANA?

Note: There are 2 correct answers to this questions.

A. SAP HANA is optimized to organize data using column stores.

B. SAP HANA is optimized to work with aggregates and index tables.

C. SAP HANA is allows transactional and analytical processing from the same tables.

D. SAP HANA is built on a hierarchical data model architecture.

You want to edit a dunning proposal.

Which actions can you perform?

Note: There are 3 correct answers to this questions.

A. Block an account.

B. Raise the dunning level of an item.

C. Change a document.

D. Lower the dunning level of an item.

E. Block a I ine item.

What archiving step must precede archiving a supplier invoice posted directly to FI?

A. Archive accounts payables master data

B. Archive data in CO

C. Archive FI transaction figures

D. Perform compression run

Which steps are required to create a substitution in Financial Accounting? Note: There are 3 correct answers to this questions.

A. Select the correct call-up point.

B. Specify an authorization group.

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

D. Assign the substitution rule to the controlling area.

E. Select Activation Level 2.

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 methods and assign the accounting principles to the new valuation methods

D. Define two valuation area and assign and two accounting principles with relevant links to ledgers

You want to create a substitution in Financial Accounting.

Which parts do you have to define for each step of the substitution?

Note: There are 2 correct answers to this questions.

A. Substitution values

B. Check statement

C. Callup point

D. Prerequisite statement

You forgot to add a new general ledger account to the financial statement version.

What impact does this have on the net profit and net loss?

A. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation

B. The balance of the new account is added to the in the financial statement item section and is included from the calculation

C. The balance of the new account is added to the non-assigned selection and excluded in the calculation

D. The balance of the new account is added to the non-assigned selection and included in the calculation

What dunning-related data do you maintain on the business partner master record?

Note: There are 2 correct answers to this questions.

A. Dunning block

B. Dunning key

C. Dunning interval

D. Dunning area

How does the system determine the correspondence type of a payment notice?

A. According to the tolerance group, as long as all tolerance groups carry the same correspondence type

B. According to the reason code, as long as all tolerance groups carry the same correspondence type

C. According to the reason code, as all reason codes carry the same correspondence type

D. According to the tolerance group, as all reason codes carry the same correspondence type

The country that your company code operates in has defined a new VAT tax rate percentage of 15%, which will become effective at the star of the next fiscal year. You create the new VAT codes 05 and 15 to cover this requirement.

How can you ensure that users use the new tax codes when entering tax relevant documents starting next year?

A. Enter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done

B. Enter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done

C. Create a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year

D. Create a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year