[Q46-Q65] Free C_TS4FI_2021 Exam Files Downloaded Instantly UPDATED [2022]

Topic	Details
Topic 1	Create and maintain business partners, post invoices and payments Financial Closing
Topic 2	Explain the SAP HANA Architecture and describe the SAP S 4HANA scope and deployment options General Ledger Accounting
Topic 3	Organizational Assignments and Process Integration Set up valuation and depreciation, perform periodic and year-end closing processes
Topic 4	Create profit and loss statements Define the customizing settings for the Payment Medium Workbench
Topic 5	Configure and perform FI-AA business processes in the SAP system Maintain tolerances, tax codes, and post documents with document splitting
Topic 6	Manage Organizational Units, currencies, configure Validations and Document Types Ceate profit centers and segments

NEW QUESTION 46
Asset Accounting
“Which of the following should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question.”

Each asset class can have either an internal or external number range.

Asset number range are defined at chart of depreciation level.

Asset number range are defined for asset classes and are company code specific.

Each asset number range must be assigned to a unique asset class.

NEW QUESTION 47
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

NEW QUESTION 48
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note:There are 2 correct answers to this question.

Define the logical file path as a global path for data aging

Add required authorizations for data aging to your role

Archive transactional data no longer legally required

Switch on the data aging business function.

NEW QUESTION 49
“Organizational Assignments and Process Integration “
“Which of the following statements are valid for financial document number ranges?
Note: There are 3 correct answers to this question”

Financial document number ranges are defined at company code level

The same financial document number range can be assigned to several document types

Financial document number ranges defined at client level should NOT overlap

All financial document number ranges can contain numbers and/or letters

Financial document number ranges must be defined for the year in which they are used

NEW QUESTION 50
Financial Closing
“Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 2 correct answers to this question.”

Regroup receivables and payables on the balance sheet.

Update product cost estimates with standard prices.

Run pla assessment cycles for profit centers.

Perform valuations of open items in foreigh currency.

NEW QUESTION 51
Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question.

Standard account assignment using constants

Configuration of the derivation logic with derivation sequence and steps

BAdl implementation (FAGL_DERIVE_SEGMENT)

Definition of validation rules

NEW QUESTION 52
“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

NEW QUESTION 53
Financial Closing
What is the order of configuration within SAP Financial Closing Cockpit?

Create template, create task list, create tasks, define dependencies, release task list

Create task list, release task list, define dependencies, create template, create tasks

Create template, create tasks, define depedencies, create task list, release task list

Define dependencies, create template, create tasks, create task list, release task list

NEW QUESTION 54
Overview and Deployment of SAP S/4HANA
“You are a group cash manager interested in the North American business market.
What are the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this question”

You can create a tile group with all the apps required for you daily business for easy access

You can create a tile to take you directly to the cash position of the North American business market

You can manage user access to relevant apps for the North American accounts payable group that reports to you

You can adapt the launchpad color theme according to predefined values for the cash report

NEW QUESTION 55
Asset Accounting
“Which elements define the integration of asset acquisitions with the general ledger?
Note: There are 2 correct answers to this question.”

Depreciation keys

Depreciation area

Valuation area

Asset class

NEW QUESTION 56
General Ledger Accounting
“You are getting ready to post your first simple general ledger document using the SAP fiori app for posting in a test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this question. “

The posting period variant must be created and assigned.

Number range and document types must be maintained.

User must be assined to a tolerance group.

Line item text templates must be maintained.

NEW QUESTION 57
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

NEW QUESTION 58
Accounts Payable & Accounts Receivable
“You want to configure the default baseline date for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this question.”

Entry date

Document date

Goods receipt date

Posting date

Value date

NEW QUESTION 59
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?

Posting from CO to FI

posting to special putpose ledge

Posting to the extension ledge

Posting to special periods

NEW QUESTION 60
What is the purpose of the chart of depreciation?

The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.

The chart of depreciation defines the asset classes for which you can create fixed assets

The chart of depreciation manages country-specific legal valuation of fixed assets

The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

NEW QUESTION 61
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 question.

Message

Check

Replacement

Prerequisite

NEW QUESTION 62
Accounts Payable & Accounts Receivable
“Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this question.”

Account required

Document number required

Reason code required

Number of date fields required

Company code required

NEW QUESTION 63
Asset Accounting
Which date is used to determine the depreciation start date?

Document date

Asset value date

Posting date

Baseline date

NEW QUESTION 64
Financial Closing
“To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question”

Define the person responsible for tasks

Release the task list

Create task groups

Define task dependencies

Create a template

NEW QUESTION 65
Accounts Payable & Accounts Receivable
“In your system, you currently perform manual outgoing payments and you want to use the automatic payment program.
Which settings must you maintain as part of the configuration of the automatic payment program?
Note: There are 2 correct answers to this question.”

Payment terms

Bank determination

Payment blocks

Paying company code