C-TS4FI-2021 Dumps PDF - C-TS4FI-2021 Real Exam Questions Answers
Get Started: C-TS4FI-2021 Exam [2023] Dumps SAP PDF Questions
SAP C-TS4FI-2021 is a certification exam that measures the candidate's knowledge and skills in SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021). The exam is designed to validate the candidate's ability to implement financial accounting processes in SAP S/4HANA. The certification also verifies that the candidate has the necessary knowledge to manage financial accounting processes in the SAP S/4HANA system.
NEW QUESTION # 44
On which levels can you maintain field status controls for business partners (BP)?
Note: There are 2 correct answers to this questions.
- A. BP category
- B. BP role
- C. Company code
- D. BP type
Answer: B,D
NEW QUESTION # 45
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."
- A. Reason code required
- B. Account required
- C. Number of date fields required
- D. Company code required
- E. Document number required
Answer: B,C,E
NEW QUESTION # 46
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"
- A. BP category
- B. BP role
- C. Company Code
- D. BP type
Answer: B,D
NEW QUESTION # 47
Financial Closing
"What are the features of the Accrual Engine in SAP S/4HANA?
Note: There are 2 correct answers to this question"
- A. The fiscal year variant of the general ledger is supported
- B. Accrual postings with a maximum of two line items are supported
- C. All currencies of the general ledger are supported
- D. All accrual calculations must be reviewed and approved before posting
Answer: A,C
NEW QUESTION # 48
You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this questions.
- A. The fixed asset fiscal year change is complete.
- B. Asset master data is complete and without errors.
- C. Posting periods are closed for asset G/L accounts.
- D. Depreciation is posted in full for all assets.
Answer: B,D
NEW QUESTION # 49
Which field can you change on a posted invoice?
- A. Special GL indicator
- B. Payment terms
- C. Tax code
- D. Cost center
Answer: B
NEW QUESTION # 50
"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"
- A. Set the deletion flag in the chart of accounts data of the G/L account.
- B. Set the deletion flag in the company code data of the G/L account.
- C. There are no transaction figures for the account.
- D. Transaction figured are older than a customizable amount of years.
- E. The blocked for posting indicator is set fot the G/L account.
Answer: A,B,C
NEW QUESTION # 51
General Ledger Accounting
For which account can you perform account clearing in SAP S/4HANA?
- A. For any account that is assigned to a financial statement version
- B. For any account that is managed on an open item basis
- C. For any balance sheet account managed on a line item basis
- D. For any G/L account defined as reconciliation account
Answer: D
NEW QUESTION # 52
What do you define when configuring asset classes?
Note: There are 3 correct answers to this questions.
- A. Screen layout rule
- B. Posting keys
- C. Transaction types
- D. Account determination
- E. Number ranges
Answer: A,D,E
NEW QUESTION # 53
Financial Closing
"To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question"
- A. Release the task list
- B. Create task groups
- C. Create a template
- D. Define the person responsible for tasks
- E. Define task dependencies
Answer: B,C,E
NEW QUESTION # 54
Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this questions.
- A. Select Activation Level 2.
- B. Specify an authorization group.
- C. Select the correct call-up point.
- D. Define the substitution rule with its different steps using the formula editor.
- E. Assign the substitution rule to the controlling area.
Answer: A,B,D
NEW QUESTION # 55
Which field can you change on a posted invoice?
- A. Statistical internal order
- B. Special G/L indicator
- C. Tax code
- D. Basel ine date
Answer: D
NEW QUESTION # 56
Accounts Payable & Accounts Receivable
Which business partner characteristic is mapped to the customer and supplier account groups?
- A. Business partner type
- B. Business partner account group
- C. Business partner role
- D. Business partner grouping
Answer: B
NEW QUESTION # 57
To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question.
- A. Create task groups
- B. Create template
- C. Define person responsible for tasks
- D. Release task list
- E. Define task dependencies
Answer: A,B,E
NEW QUESTION # 58
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.
- A. Maintain open item selection parameters.
- B. Review the payment proposal exception list.
- C. Define maximum amounts to be paid per supplier.
- D. Rank bank accounts for payment.
Answer: A,B
NEW QUESTION # 59
Which parameter indicates that a line can be dunned only with restrictions?
- A. Dunning grouping
- B. Dunning block reason
- C. Dunning Key
- D. Dunning area
Answer: C
NEW QUESTION # 60
Accounts Payable & Accounts Receivable
How does the system determine the correspondence type of a payment notice?
- A. According to the reason code, as long as all the tolerance groups carry the same correspondence type.
- B. According to the reason code, as long as all the reason code carry the same correspondence type.
- C. According to the tolerance group, as long as all the tolerance groups carry the same correspondence type.
- D. According to the tolerance group, as long as all the reason code carry the same correspondence type.
Answer: A
NEW QUESTION # 61
General Ledger Accounting
"Which statements best describe a profit center?
Note: There are 2 correct answers to this question."
- A. It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not.
- B. It is the only object that can be unifromly derived using segments.
- C. It is the only object from which segments can be unifornly derived.
- D. It is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment.
Answer: A,C
NEW QUESTION # 62
Accounts Payable & Accounts Receivable
"Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this question."
- A. Payment method
- B. Payment type
- C. Baseline date
- D. Payment transaction
- E. Terms of payment
Answer: A,C,E
NEW QUESTION # 63
You perform foreign currency valuation for open items of you supplier accounts. The valuations will be used only for period end reposting and should them be reversed. What account does the system use to post the valuation differences?
- A. Individual supplier accounts with special G/L indicator
- B. Supplier reconciliation G/L account
- C. Alternative reconciliation G/L account
- D. Adjustment G/L account for foreign currency
Answer: D
NEW QUESTION # 64
......
C-TS4FI-2021 Premium Exam Engine pdf Download: https://www.testinsides.top/C-TS4FI-2021-dumps-review.html