C_TS4FI_2020 Online Practice Questions and Answers

Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3

A. Dunning levels

B. Minimum amounts

C. Expenses or charges

D. Bank selection

What are the maintenance levels of a screen layout rule for asset classes?

A. Asset class, depreciation area, main asset number, group asset

B. Depreciation area, asset class, main asset number, subnumber

C. Asset class, main asset number, subnumber.

D. Main asset number, subnumber. depreciation area

Which of the following is an example of an automatic offsetting entry? Choose the correct answer.

A. Down payment request

B. Posting of a guarantee of payment

C. Bank posting of a received down payment

You want to create a substitution in financial accounting. What parts do you have to define for each step of the substitution? There are 2 correct answers to this question

A. Check

B. Prerequisite.

C. Message

D. Replacement

You have to 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 areas and two accounting principles with relevant links to ledgers

B. Define a valuation area and ledger group for two ledgers to link with the new valuation area

C. iDefine two valuation methods and assign the accounting principles to the new valuation methods

D. Define a valuation area and extension ledger to link with the new valuation area

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

Note: There are 3 correct answers to this question.

A. Dunning procedure

B. Dunning block

C. Dunning key

D. Dunning area

E. Dunning interval

Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question.

A. Agile deployment

B. Central hub deployment

C. Cloud deployment

D. On-premise deployment

E. Hybrid deployment

You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question

A. The special period must be open for posting in the period control.

B. You must have specific authorization to post in special periods.

C. The balance carry-forward to the new fiscal year must have taken place.

D. You must enter a posting date in the last posting period.

You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.

A. Functional Area

B. Segment

C. Cost Center

D. Business Area

When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question.

A. When an account is required for clearing

B. When an account is set up as a cost element

C. When an account has a zero balance

D. When an account is used as a reconciliation account