Excellent C-TS4FI-2021 Updated 2023 Dumps With 100% Exam Passing Guarantee [Q36-Q56]

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Excellent C-TS4FI-2021 Updated 2023 Dumps With 100% Exam Passing Guarantee

Best way to practice test for SAP C-TS4FI-2021

Q36. Asset Accounting
“How do you configure depreciation areas in SAP S/4 HANA?
Note: There are 2 correct answers to this question.”

Assign each accounting principle to a depreciation area

Ensure all depreciation areas always post to the general ledger

Assign depreciaton area 01 to the leading ledger

Ensure a ledger group is assigned to each accounting principle

Q37. To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this questions.

Create task groups.

Define the person responsible for tasks.

Create a template.

Define the task dependencies.

Release the task dependencies.

Q38. “Organizational Assignments and Process Integration “
“Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this question.”

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

Assign the substitution rule to the controlling area.

Specify an authorization group.

Select activation level 2.

Select the correct call-up point.

Q39. You are responsible for configuring document splitting.
What are some of the key settings?
Note: There are 2 correct answers to this questions.

Business transaction variant

Document type

Field status variant

Document number range

Q40. Accounts Payable and Accounts Receivable
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? (3 correct answers)

Raise the dunning level of an account

Lower the dunning level of an item

Block a line item

Block an account

Change a document

Q41. Asset Accounting.
“You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this question”

Depreciation is posted in full for all assets

Posting periods are closed for asset G/L accounts

The fixed asset fiscal year change is complete

Asset master data is complete and without errors

Q42. You assign currency type 40 to your company code in ledger 0L
Which source currency types can you select?
Note: There are 2 correct answers to this questions.

Company code currency

Document currency

Controlling area currency

Group currency

Q43. Financial Closing
“You forget to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?”

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

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

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

The balance of the new account is added to the non-assigned section and is excluded from the calculation

Q44. How does the system determine the correspondence type of a payment notice?

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

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

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

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

Q45. Overview and Deployment of SAP S/4HANA
“What are some of the benefits of the data handing in SAP S/4HANA?
Note: There are 2 correct answers to this question.”

The data is aggregated on the fly from any line item table.

The data is constantly auto archived to optimize memory usege.

The data is summarized into higher levels of aggregated to help system performance.

The data is available in real time at line item detail.

Q46. You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this questions.

Consulting Services

Insurance premiums

Fixed asset purchases

Raw material purchases

Q47. Which elements define the integration of asset acquisitions with the general ledger?
Note: There are 2 correct answers to this questions.

Valuation Area

Depreciation Area

Asset Class

Depreciation Keys

Q48. What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
Note: There are 2 correct answers to this questions.

You want to deploy SAP S/4HANA Cloud.

You want to use document splitting for the General Ledger.

You want to integrate the system with SAP Business Technology Platform.

You want to clean up your system and use SAP Best Practices.

Q49. Accounts Payable & Accounts Receivable
“On which levels can you maintain field status controls for business partners (BP)?
Note: There are 2 correct ansers to this question”

Company Code

BP category

BP role

BP type

Q50. Which of the following steps do you typically perform during a payment run with the automatic payment program?
Note: There are 2 correct answers to this questions.

Define maximum amounts to be paid per supplier.

Review the payment proposal exception list.

Maintain open item selection parameters.

Rank bank accounts for payment.

Q51. “Organizational Assignments and Process Integration “
“What does the document type control?
Note: There are 2 correct answers to this question.”

Which account types are allowed for postings

Whether text is required on line item level

Whether negative postings are permitted

Which posting keys are allowed for postings

Q52. You want to edit a dunning proposal.
Which actions can you perform?
Note: There are 3 correct answers to this questions.

Block an account.

Raise the dunning level of an item.

Change a document.

Lower the dunning level of an item.

Block a I ine item.

Q53. General Ledger Accounting
For which account can you perform account clearing in SAP S/4HANA?

For any balance sheet account managed on a line item basis

For any account that is managed on an open item basis

For any G/L account defined as reconciliation account

For any account that is assigned to a financial statement version

Q54. You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?

Define depreciation areas for each category of legacy asset.

Define depreciation areas to transfer all the legacy data.

Define asset classes and maintain their attributes.

Define depreciation keys and calculation keys.

Q55. Accounts Payable & Accounts Receivable
“Which documents are needed to complete the 3-way match in procurement transactions?
Note: There are 3 correct answers to this question”

Invoice Receipt

Goodes Receipt

Down payment request

Purchase Requisition

Purchase Order

Q56. “Organizational Assignments and Process Integration “
“In your SAP S/4HANA system, you want to archive the G/L account that are not ised by the business in any company code.
What are prerequisities to archiving all data of a G/L account?
Note: There are 3 correct answers to this question”

The blocked for posting indicator is set fot the G/L account.

Set the deletion flag in the chart of accounts data of the G/L account.

Transaction figured are older than a customizable amount of years.

There are no transaction figures for the account.

Set the deletion flag in the company code data of the G/L account.

SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Certification Sample Questions and Practice Exam: https://www.prepawaytest.com/SAP/C-TS4FI-2021-practice-exam-dumps.html

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