SAP C_TS4FI_2020

How many investment support keys must be created if ledgers 0L (IFRS) and 2L (LG) are updated? 1 2 3 4

2

How many cash discount periods can be entered in the terms of payment? 5 3 2 8

3

Choose the correct answers that apply to Product Cost Controlling (CO-PC). 3 answers A Standard Cost estimate includes cost sources like indirect material costs and manufacturing costs. A Standard Cost estimate includes cost sources like direct material costs, manufacturing costs, and overhead costs. CO-PC has two areas: Product Planning and Cost Object Controlling. CO-PC helps to record, monitor, and optimize the manufacturing costs of a product. A Standard Cost estimate calculates the minimum selling price for a product to break even.

A Standard Cost estimate includes cost sources like direct material costs, manufacturing costs, and overhead costs. CO-PC helps to record, monitor, and optimize the manufacturing costs of a product. A Standard Cost estimate calculates the minimum selling price for a product to break even.

Which of the following statements about organizational units is correct? A plant is always assigned directly to a controlling area. Only company codes within a country can be assigned to a controlling area. A company code can be assigned to several controlling areas. A sales organization must always be uniquely assigned to a company code.

A sales organization must always be uniquely assigned to a company code.

Which of the following G/L Account Master Data fields are defined in the Company Code segment? 2 Answers Account Currency Account Type Account Name - Translations Open Items Management

Account Currency Open Items Management

You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing? Note: There are 3 correct answers to this question Account determinations Accounting principles Value adjustment keys Valuation areas Simulation extension ledger

Account determinations Accounting principles Valuation areas

Which of the following information is entered in the chart of accounts segment of a G/L account? 3 Answers Account number Control fields Consolidation fields Currency fields

Account number Control fields Consolidation fields

Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question Company code required Account required Reason code required Document number required Number of date fields required

Account required Document number required Number of date fields required

Identify the criteria that usually differentiate between document change rules. 2 Answers Open items Account type Asset class Company code

Account type Company code

What can be directly assigned to a depreciation area. Ledger Ledger group Accounting principle

Accounting principle

Which of the following original Management Accounting objects can you assign in the asset master record? 3 Answers Activity type Cost element Order Cost center

Activity type Order Cost center

Which of the following Special Items in the Financial Statement Version can be edited? 3 Answers Assets Profit and loss results Liabilities and Equity Financial Statement Notes Accounts not assigned

Assets Liabilities and Equity Financial Statement Notes

Your company uses the Ledger Approach for Parallel Accounting. Which of the following customizing settings are required for the Foreign Currency Valuation run? 2 Answers Assign an Accounting Principle to a Valuation Method Assign an Accounting Principle to a Ledger Group Assign an Accounting Principle to a Valuation Area Assign an Accounting Principle to a Delta Posting Variant

Assign an Accounting Principle to a Ledger Group Assign an Accounting Principle to a Valuation Area

What has to be done in order to have a newly created G/L account appear at a specific place within the financial statement? Assign the corresponding G/L Account Type Balance Sheet Account to the Financial Statement Version Assign the corresponding G/L Account Group for Balance Sheet Accounts to the Financial Statement Version Assign a new Financial Statement Version to the Chart of Accounts. Assign the corresponding G/L account to the Financial Statement Version.

Assign the corresponding G/L account to the Financial Statement Version.

Which house bank data is sufficient for the system to access the previously created bank master record? Company Code and House Bank ID Bank Key and Bank Country Bank Country and House Bank ID Bank Key and Company Code

Bank Key and Bank Country

Which of the following are the different history sheet groups that each version of asset history sheets can contain? 3 Answers Book values at the end of the fiscal year Acquisitions Imputed interest Reposting

Book values at the end of the fiscal year Acquisitions Reposting

You assign a hierarchy node as a contra item to another hierarchy node in the Financial Statement Version. Which of the following statement is correct? Select Debit Balance and Credit Balance for each hierarchy node. Both hierarchy nodes contains the same G/L accounts. Both hierarchy nodes must be assigned to the same special item.

Both hierarchy nodes contains the same G/L accounts.

Which component of the intelligent enterprise focuses on the solutions to record data? Business collaboration Business processes Business applications Business technology

Business applications

At which organization levels is it possible to create a financial statement in a standard SAP S/4HANA system? 3 Answers Client level Business area level Company code level Segment level

Business area level Company code level Segment level

When creating an asset master record, how is the asset number assigned? By the Company Code By the Asset Class By the Account Determination Key By the Chart of Depreciation

By the Asset Class

Which of the following options can you use to change the G/L account master data (including CO) using collective processing? 4 Answers Change chart of accounts data Change company code data Change controlling data Change client level data Change account descriptions

Change chart of accounts data Change company code data Change controlling data Change account descriptions

When creating a Business Partner with the FI Customer role, which Organizational Level is used for the assignment. Company Code Sales Organization Sales Area

Company Code

On which levels do you maintain data for an integrated customer account? There are 3 correct answers to this question Company code Purchasing organization Sales area Profitability segment General data at the client level

Company code Sales area General data at the client level

In which of the following segments of a Business Partner master record (customer or vendor) can you enter the terms of payment? 3 Answers Company code segment Client level segment Sales area segment Purchasing organization segment

Company code segment Sales area segment Purchasing organization segment

Which of the following accurately describes what is defined by the parameters for the payment program? Company codes only Vendors and documents only Company codes, vendors, and documents

Company codes, vendors, and documents

Which of the following steps are parts of the process of configuring the payment program? 3 Answers Configure the paying company codes Configure the payment methods for each company code Configure the house banks Configure the G/L account field status for document entry

Configure the paying company codes Configure the payment methods for each company code Configure the house banks

Which chart of accounts do you use to meet a country's specific legal reporting requirements? Operating Chart of Accounts Country Chart of Accounts Group Chart of Accounts Consolidation Chart of Accounts

Country Chart of Accounts

When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Creation of purchase order Goods receipt Invoice receipt

Creation of purchase order

Identify the fields that cannot be changed while changing parked documents. 3 Answers Currency Document type or document number Company code Account assignment objects

Currency Document type or document number Company code

For which of the following accounts can you park documents? 2 Answers Customer accounts General ledger accounts Material accounts Sales accounts

Customer accounts General ledger accounts

On which level do you maintain allocation rules? Allocation cycle Controlling area Statistical key figure Cycle segment

Cycle segment

Which of the following components make up an archiving object? 3 Answers Data declaration part Customizing settings Programs Variables

Data declaration part Customizing settings Programs

What is controlled by the terms of payment? There are 3 correct answers to this question Default payment method Setting for net procedure Account for cash discount received Allowed account type Determination of the baseline date

Default payment method Allowed account type Determination of the baseline date

Which object allows you to manage different valuation approaches for each asset? Asset class Depreciation area Account determination Transaction type

Depreciation area

When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? 3 Answers Description of the asset License plate number Inventory number Cost center

Description of the asset Inventory number Cost center

For which of the following transactions can you use noted items? Late payment Down payment request Vendor payment Customer payment

Down payment request

Which is the possible first step in the procedure of making down payments in the customer area? Down payment request Down payment received Customer invoice Clearing

Down payment request

Which of the following objects are relevant to the dunning program configuration? 3 Answers Dunning levels Expenses or charges Minimum amounts Bank selection

Dunning levels Expenses or charges Minimum amounts

What dunning-related data do you maintain on the business partner master record? There are 3 correct answers to this question Dunning procedure Dunning area Dunning interval Dunning block Dunning key

Dunning procedure Dunning area Dunning block

Identify the three types of tolerances in accounting. 3 Answers Employee tolerance groups G/L account tolerance groups Customer/vendor tolerance groups Special account tolerance groups

Employee tolerance groups G/L account tolerance groups Customer/vendor tolerance groups

You are processing an automatic payment run. What is the correct sequence of steps? Enter parameters → Schedule payment proposal → Edit payment proposal → Schedule payment run Schedule payment proposal → Enter parameters → Edit payment proposal → Schedule payment run Schedule payment proposal → Edit payment proposal → Enter parameters → Schedule payment run Schedule payment run → Enter parameters → Schedule payment proposal → Edit payment proposal

Enter parameters → Schedule payment proposal → Edit payment proposal → Schedule payment run

Which of the following parameters are controlled by the screen layout? 3 Answers Field selection Maintenance level Reference Number range

Field selection Maintenance level Reference

Which business partner roles need to be maintained in order to create a sales order for the business partner? General FI customer SD customer MM supplier

General SD customer

With the automatic clearing program, a user can clear open items for which of the following items? 2 Answers General ledger Currency Special general ledger indicator Subledger accounts

General ledger Subledger accounts

Identify some of the checks for archiving G/L accounts (master data). 2 Answers Has a deletion indicator been set? Are there (still) documents? Is the fiscal year closed?

Has a deletion indicator been set? Are there (still) documents?

The system generates transaction types for posting investment support when you define the support measure. What are the transaction types called if the investment support key is Y1? 3 Answers IY1 KY2 ZY1 I01 JY1 KY1

IY1 JY1 KY1

Which features are available in the Manage Cash Concentration app? 2 Answers Initiate Cash Concentration Monitor Status of Cash Concentration Assign Leading Account Assign Participant Account

Initiate Cash Concentration Monitor Status of Cash Concentration

What is the correct sequence for the four dunning program steps that can be performed during the automatic dunning procedure? Maintain the parameters. Schedule the dunning run. Change the dunning proposal. Start the dunning printout. Maintain the parameters. Change the dunning proposal. Schedule the dunning run. Start the dunning printout. Change the dunning proposal. Maintain the parameters. Schedule the dunning run. Start the dunning printout. Change the dunning proposal. Schedule the dunning run. Maintain the parameters. Start the dunning printout.

Maintain the parameters. Schedule the dunning run. Change the dunning proposal. Start the dunning printout.

What are the key functions of the Cash Flow Analyzer? 2 Answers Monitor cash position Liquidity forecast Import bank statements Create house banks

Monitor cash position Liquidity forecast

What kind of personalization can you make to the homepage as a user of the SAP Fiori Launchpad? Move apps to different groups Add custom image for the background Change corporate log Create own application groups

Move apps to different groups Create own application groups

Which of the following statements apply to the special general ledger types of noted items? 3 Answers No special general ledger indicators of your own can be created of this type. The account for the offsetting entry is selected automatically. No postings are made on an offsetting account. Noted items are assigned to an alternative reconciliation account, but not posted. No zero balance check is made in the system.

No postings are made on an offsetting account. Noted items are assigned to an alternative reconciliation account, but not posted. No zero balance check is made in the system.

What account types can you use to classify general ledger accounts in SAP S/4HANA? There are 3 correct answers to this question Field status group Non-operating expense or income Balance sheet Reconciliation accounts Secondary costs

Non-operating expense or income Balance sheet Secondary costs

Which of the following control data is carried by asset classes? 3 Answers Number range interval Insurance type Account determination Screen layout

Number range interval Account determination Screen layout

How is the hierarchy of the organizational structure set up in the system? Start with the highest level. Operating Concern → Company Code → Controlling Area Operating Concern → Controlling Area → Company Code Company Code → Operating Concern → Controlling Area

Operating Concern → Controlling Area → Company Code

The usage of which of the following depreciation types can be activated per depreciation area? 3 Answers Ordinary depreciation Special depreciation Unplanned depreciation Scheduled depreciation

Ordinary depreciation Special depreciation Unplanned depreciation

Which of the following are posted in the program FAA_DEPRECIATION_POST? 3 Answers Ordinary depreciation such as book depreciation or imputed depreciation Unplanned depreciation Imputed interest Parallel APC values

Ordinary depreciation such as book depreciation or imputed depreciation Unplanned depreciation Imputed interest

When viewing a Supplier in the MM Supplier Role, which of the following data field could be listed. There are two correct answers. Reconciliation Account Payment Terms Minimum Order Value Dunning Procedure

Payment Terms Minimum Order Value

Which of the following are the month-end closing activities for external purposes? 3 Answers Perform foreign currency valuations Create external and internal reports Post goods issues for deliveries to customers Close the old period

Perform foreign currency valuations Create external and internal reports Close the old period

Which options to process open items are available in the Reprocess Bank Statements Items app? 2 Answers Post against an AP/AR item Post on Account Assign to Check Deposit Account Clear against Memo Records

Post against an AP/AR item Post on Account

Which data belongs to the document header? 2 Answers Posting Date Profit Center Company Code Account Number

Posting Date Company Code

Which of the following is an example of an automatic offsetting entry? Bank posting of a received down payment Posting of a guarantee of payment Down payment request

Posting of a guarantee of payment

Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? Note: There are 2 correct answers to this question Process bad debt expenses for accounts receivable Post recurring entries for the general ledger Perform foreign currency valuation for accounts payable Create the asset history sheet for asset accounting

Process bad debt expenses for accounts receivable Post recurring entries for the general ledger

You post an incoming invoice with one expense line to a cost center in your system. Which objects can be derived automatically through the master data assignments for the expense line item? 2 Answers G/L account Profit center Segment Activity type

Profit center Segment

What field of the business partner controls the G/L account posted when entering an incoming invoice? Partner function Bank account Reconciliation account Company code

Reconciliation account

In which process area are the basic financial execution and reporting processes performed? Record to report Hire to retire Source to pay Treasure and risk management

Record to report

Which of the following fields can be changed in the document header? 2 Answers Reference number Document header text Document date Currency exchange rate

Reference number Document header text

Which of the following items creates only a Sales and Distribution (SD) document. There are two correct answers. Payment Processing Billing Sales Order handling Customer Inquiry Goods Issue

Sales Order handling Customer Inquiry

Which prerequisite must be met by the technical clearing account for integrated asset acquisition? The account is created for all active company codes of the client The account is a profit-and-loss account that must be open item managed The account is assigned in the asset account determination for each valid depredation area The account is a reconciliation balance sheet account for fixed assets

The account is assigned in the asset account determination for each valid depredation area

A customer short pays an invoice (notice: Damaged Goods). The incoming payment is posted with the reason code DDG — Damaged Goods. There is a correspondence type assigned to this reason code. Which correspondence type does the system choose? The one assigned to the tolerance group The one assigned to the reason code The one assigned in the global settings of the Company Code The one assigned to the document type.

The one assigned to the reason code

A document has several line items, with different reason codes entered. These reason codes carry different correspondence types. For an automatic payment notice, which correspondence type does the system choose? The one assigned to the tolerance group The one in the first line item The one in the line item with the largest amount The system prompts for the user to assign one

The one assigned to the tolerance group

Imagine you are posting primary costs in FI (invoice for purchasing printer cartridges). You assign the cost center Education and the system derives the respective profit center. Which of the following statements is correct? The posting creates a debit of statistical costs on the cost center and the profit center. The posting creates a debit of actual costs on the cost center and the profit center. The posting creates a debit of actual costs on the cost center and statistical costs on the profit center. The posting creates a debit of actual costs on the profit center and statistical costs on the cost center.

The posting creates a debit of actual costs on the cost center and statistical costs on the profit center.

Choose the correct order of the purchase order accruals processing steps: Transfer - Calculate - Review - Post Calculate - Transfer - Review - Post Review - Transfer - Calculate - Post Calculate - Review - Transfer - Post

Transfer - Calculate - Review - Post

Which of the following expenses would you use a WBS element to gather the costs? 2 Answers Travel expenses for a customer project Recurring cost from magazine and newspaper subscriptions Costs from leasing office space for the company headquarters Tracking company car expenses per vehicle

Travel expenses for a customer project Tracking company car expenses per vehicle

When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question When an account has a zero balance When an account is set up as a cost element When an account is used as a reconciliation account When an account is required for clearing

When an account is used as a reconciliation account When an account is required for clearing