SAP C_TS4FI_2020 Exam Preparation Guide and PDF Download [Q113-Q133]

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SAP C_TS4FI_2020 Exam Preparation Guide and PDF Download

Verified & Correct C_TS4FI_2020 Practice Test Reliable Source Oct 11, 2022 Updated

SAP C_TS4FI_2020 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
Accounts Payable & Accounts Receivable > 12%

Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales.

Financial Closing > 12%

Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods.

Organizational Assignments and Process Integration > 12%

Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges.

Asset Accounting > 12%

Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting.

 

NEW QUESTION 113
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?
There are 3 correct answers to this question.
Response:

 
 
 
 

NEW QUESTION 114
In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Choose the correct answer.

 
 
 
 

NEW QUESTION 115
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Choose the correct answer.

 
 
 
 

NEW QUESTION 116
Which edition of SAP S/4HANA introduced the universal journal?

 
 
 
 

NEW QUESTION 117
Identify the steps performed during the general ledger closing operations for the fiscal year. Choose the correct answers. 3

 
 
 
 

NEW QUESTION 118
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations? Choose the correct answers. 3

 
 
 
 

NEW QUESTION 119
Which currency valuation program is replaced by FAGL_FCV? Choose the correct answer.

 
 
 
 

NEW QUESTION 120
Which items can you clear with the automatic clearing program?
Response:

 
 
 
 

NEW QUESTION 121
Which of the following retirement types is referred to as scrapping?
Response:

 
 
 
 

NEW QUESTION 122
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Response:

 
 

NEW QUESTION 123
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L Which special G/Ltype do you recommend?

 
 
 
 

NEW QUESTION 124
You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted?
Please choose the correct answer.
Response:

 
 
 
 

NEW QUESTION 125
You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on category, life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?
Please choose the correct answer.

 
 
 
 

NEW QUESTION 126
Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?
Response:

 
 
 
 

NEW QUESTION 127
What do you need to do to configure a new exchange rate type in SAP S/4HANA?
There are 2 correct answers to this question.
Response:

 
 
 
 

NEW QUESTION 128
Which field status has the lowest priority (G/L accounts)? Choose the correct answer.

 
 
 
 

NEW QUESTION 129
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

 
 
 
 

NEW QUESTION 130
What is the order of configuration within the SAP Financial Closing cockpit?

 
 
 
 

NEW QUESTION 131
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 132
Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 133
Which is the most flexible SAP S/4HANA Cloud solution for customers? Please choose the correct answer.

 
 
 
 

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