SAP C-TS4FI-2021 Deluxe Study Guide with Online Test Engine
C-TS4FI-2021 dumps review - Professional Quiz Study Materials
NEW QUESTION # 18
You want to post journal entries in a special period.
Which conditions must be met?
Note: There are 2 correct answers to this questions.
- A. The balance carry-forward to the new fiscal year must have happened
- B. The last posting period must be open for posting in the period control
- C. The special period must be open for posting in the period control
- D. You must enter a posting date in the last posting period
Answer: C,D
NEW QUESTION # 19
What can you control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this questions.
- A. The document type of the payment
- B. The account where a residual item is posted
- C. The special G/L indicator for the down payment
- D. The type of payment notice sent to a customer
- E. The exclusion of disputed residual items from credit limit checks
Answer: B,D,E
NEW QUESTION # 20
What do you need to do to configure a new exchange rate type in SAP S/4HANA?
Note: There are 2 correct answers to this questions.
- A. Specify the company code currency as the base currency.
- B. Specify a purpose for the exchange rate type.
- C. Set up the relationship between currencies using translation ratios.
- D. Maintain exchange rates daily.
Answer: B,C
NEW QUESTION # 21
which characteristics maps the business partner to the customer and supplier account groups?
- A. Business partner grouping
- B. Business partner account group
- C. Business partner view
- D. Business partner role
Answer: A
NEW QUESTION # 22
Asset Accounting
"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?"
- A. Remove the main asset indicator
- B. Remove the asset class indicator
- C. Remove the reference indicator
- D. Remove the subnumber indicator
Answer: C
NEW QUESTION # 23
Asset Accounting
"Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line Item basis?
Note: There are 2 correct answers to this question."
- A. Cost center
- B. Functional area
- C. Profit center
- D. Fixed asset
Answer: A,D
NEW QUESTION # 24
Which of the following is technical year-end closing activity in SAP S4/HANA?
- A. Foreign currency valuation must be posted
- B. Accruals must be posted
- C. Balance sheet adjustments must be posted
- D. Ledger balances must be carried forward
Answer: D
NEW QUESTION # 25
What are prerequisites for the 3-way match to work in procurement transactions?
Note: There are 2 correct answers to this questions.
- A. Goods receipt posted in reference to the purchase order
- B. Good receipt posted before the invoice receipt
- C. Invoice receipt posted in reference to the purchase order
- D. Invoice receipt posted before the goods receipt
Answer: A,C
NEW QUESTION # 26
Which information is part of the Bank Master Data?
Note: There are 2 correct answers to this questions.
- A. Information for electronic payment transactions
- B. Control data
- C. Data Medium Exchange (DME) details
- D. Address details
Answer: B,D
NEW QUESTION # 27
How does the system determine the correspondence type of a payment notice?
- A. According to the tolerance group, as long as all tolerance groups carry the same correspondence type
- B. According to the reason code, as long as all tolerance groups carry the same correspondence type
- C. According to the reason code, as all reason codes carry the same correspondence type
- D. According to the tolerance group, as all reason codes carry the same correspondence type
Answer: B
NEW QUESTION # 28
Which statement best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this questions.
- A. Extension ledgers can have different currencies than the underlying ledger
- B. Multiple extension ledgers can point to the same underlying ledger
- C. Extension ledgers can be assigned their own fiscal year variant
- D. Extension ledgers can be assigned their own posting period variant
Answer: B,D
NEW QUESTION # 29
Accounts Payable & Accounts Receivable
Which parameter indicates that a line item can only be dunned with restrictions?
- A. Dunning key
- B. Dunning block reason
- C. Group key
- D. Dunning area
Answer: A
NEW QUESTION # 30
General Ledger Accounting
"You want to configure the tax calculation procedures. What are the main elements you need to define? Note:
There are 3 correct answers to this question"
- A. Tax code
- B. Sequence of steps
- C. Condition type
- D. Account key
- E. Tax category
Answer: C,D,E
NEW QUESTION # 31
You 'd like to set up low values asset (LVA) management.
What do you need to do?
- A. Specify the minimum amount for LVA at three levels: company code, depreciation area and asset class
- B. Define a base unit for measure for LVA in individual management
- C. Specify the minimum amount for LVA at two levels: company code and chart of depreciation
- D. Define two separate asset classes to manage LVA using individual or collective management
Answer: A
NEW QUESTION # 32
Which parameter indicates that a line can be dunned only with restrictions?
- A. Dunning block reason
- B. Dunning Key
- C. Dunning grouping
- D. Dunning area
Answer: B
NEW QUESTION # 33
You have been asked to set up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this questions.
- A. Bank master data
- B. Payment method
- C. Company code
- D. Bank control key
- E. General ledger account
Answer: A,C,E
NEW QUESTION # 34
A general ledger account is defined with the account type "Nonoperating Expense or Income" Where can this account be used?
- A. Profit and loss account that is used in margin analysis and profit center accounting
- B. Profit and loss account that is used in overhead management accounting
- C. Profit and loss account that is used in profit center accounting
- D. Profit and loss account that is used in margin analysis
Answer: B
NEW QUESTION # 35
Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this questions.
- A. Baseline date
- B. Term of payment
- C. Payment transaction
- D. Payment type
- E. Payment method
Answer: B,C,E
NEW QUESTION # 36
Financial Closing
"Which statements best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this question."
- A. Extension ledgers can be assigned their own posting period variant.
- B. Multiple extension ledgers can point to the same underlying ledger.
- C. Extension ledger can be assigned their own fiscal year variant.
- D. Extension ledgers can have different currencies than the underlying.
Answer: B,C
NEW QUESTION # 37
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. BP type
- D. Company Code
Answer: B,C
NEW QUESTION # 38
What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this questions.
- A. It can be assigned to a company code.
- B. It is responsible for costs and revenues within an organization.
- C. It is considered for consolidation.
- D. It represents separate areas of operation within an organization.
Answer: A,C
NEW QUESTION # 39
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SAP C_TS4FI_2021 exam covers various topics related to financial accounting, such as General Ledger Accounting, Accounts Payable, Accounts Receivable, Asset Accounting, and Financial Closing. C-TS4FI-2021 exam aims to assess the candidate's knowledge of these topics and their ability to apply this knowledge to real-world scenarios. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) certification also includes the latest updates and features of SAP S/4HANA 2021.
Exam Questions Answers Braindumps C-TS4FI-2021 Exam Dumps PDF Questions: https://evedumps.testkingpass.com/C-TS4FI-2021-testking-dumps.html