Latest [Sep 11, 2023] SAP C-TS4FI-2020 Exam Practice Test To Gain Brilliante Result
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SAP C_TS4FI_2020 exam is designed for financial accounting associates who want to validate their skills and knowledge in SAP S/4HANA for Financial Accounting. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification exam is intended to assess the candidate's ability to apply the necessary knowledge and skills required to perform various financial accounting tasks in SAP S/4HANA 2020. C-TS4FI-2020 exam measures the candidate's understanding of the system's functionality and the ability to use SAP S/4HANA to its full potential.
To qualify for the SAP C_TS4FI_2020 exam, candidates must have a minimum of six months of experience in SAP S/4HANA Financial Accounting. They should also have a good understanding of financial accounting processes and procedures, as well as the ability to configure and customize SAP S/4HANA to meet specific business requirements. Additionally, candidates should possess excellent analytical and problem-solving skills, as well as strong communication and collaboration abilities.
NEW QUESTION # 46
What is the correct order of steps when you use the SAP I financial Closing Cockpit?
- A. Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list
- B. Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list
- C. Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list
- D. Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list
Answer: A
NEW QUESTION # 47
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: 3 Answers
- A. Entry Date
- B. Document date
- C. Posting date
- D. Value date
- E. Goods receipt date
Answer: A,B,C
NEW QUESTION # 48
For which special G L indicator do you specify a target special GL indicator?
- A. Guarantee given
- B. Customer down payment
- C. Bill of exchange
- D. Vendor down payment request
Answer: D
NEW QUESTION # 49
The usage of which of the following depreciation types can be activated per depreciation area? Choose the correct answers.
- A. Unplanned depreciation
- B. Ordinary depreciation
- C. Scheduled depreciation
- D. Special depreciation
Answer: A,B,D
NEW QUESTION # 50
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Response:
- A. Dunning block
- B. Dunning procedure
- C. Dunning interval
- D. Dunning area
- E. Dunning key
Answer: A,B,D
NEW QUESTION # 51
Which of the following statements is correct for external number assignment (manual posting)? Choose the correct answer.
- A. The number must be assigned in a sequence.
- B. The number is the last document number.
- C. The number is automatically assigned.
- D. The number is entered by the user.
Answer: D
NEW QUESTION # 52
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Choose the correct answer.
- A. The one assigned to the tolerance group
- B. The one in the line item with the largest amount
- C. The system prompts for the user to assign one
- D. The one in the first line item
Answer: A
NEW QUESTION # 53
At which level do you assign the print program to the correspondence type?
- A. At client level only
- B. At company code level only
- C. At client or company code level
- D. At system level
Answer: B
NEW QUESTION # 54
Which data model is used for SAP S/4HANA?
- A. Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.
- B. Online analytical processing (OLAP) that is based on aggregated tables and indexes.
- C. Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments.
- D. Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables.
Answer: A
NEW QUESTION # 55
When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.
- A. When an account has a zero balance
- B. When an account is set up as a cost element
- C. When an account is used as a reconciliation account
- D. When an account is required for clearing
Answer: A,D
NEW QUESTION # 56
Cleared items contain which of the following pieces of information? Choose the correct answers. (2)
- A. Clearing date
- B. Archival information
- C. Due date
- D. Clearing document number
Answer: A,D
NEW QUESTION # 57
You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?
- A. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
- B. The balance of the new account is added to the non-assigned section and is excluded from the calculation
- C. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation
- D. The balance of the new account is added to the non-assigned section and is included in the calculation
Answer: D
NEW QUESTION # 58
Which information is checked by the system before a general ledger account k archived?
- A. The Blocked for Posting indicator is set in master data.
- B. The Mark for Deletion indicator is set in master data
- C. The assigned group account is already archived.
- D. The Open item Management indicator is set in master data
Answer: B
NEW QUESTION # 59
What are some features of SAP HANA?
There are 2 correct answers to this question.
Response:
- A. SAP HANA is optimized to work with aggregates and index tables.
- B. SAP HANA allows transactional and analytical processing off the same tables.
- C. SAP HANA is optimized to organize data using column stores.
- D. SAP HANA is built on a hierarchical data model architecture.
Answer: B,C
NEW QUESTION # 60
In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.
If you use the application to post integrated asset acquisitions, how many documents will the system post?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 61
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 62
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