[Jan 25, 2022] Free SAP C-TS4FI-2020 Exam Questions & Answer
Verified C-TS4FI-2020 dumps Q&As Latest C-TS4FI-2020 Download
SAP C-TS4FI-2020 Exam Description:
The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".
NEW QUESTION 105
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
- A. Remove the subnumber indicator in screen layout maintenance.
- B. Remove the asset class indicator in screen layout maintenance.
- C. Remove the reference indicator in screen layout maintenance.
- D. Remove the main asset indicator in screen layout maintenance.
Answer: C
NEW QUESTION 106
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:
- A. 3L
- B. 1L
- C. OL
- D. 2L
Answer: C
NEW QUESTION 107
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: B
NEW QUESTION 108
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
Response:
- A. Reconciliation accounts
- B. Secondary costs
- C. Field status group
- D. Balance sheet
- E. Non-operating expense or income
Answer: B,D,E
NEW QUESTION 109
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question.
Response:
- A. Routine
- B. Rational
- C. Responsive
- D. Role-based
Answer: C,D
NEW QUESTION 110
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question.
Response:
- A. Posting key
- B. G/L account
- C. Account group
- D. Document type
Answer: A,B
NEW QUESTION 111
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?
Please choose the correct answer.
Response:
- 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 notes in the financial statement item section and is included in the calculation.
- C. The balance of the new account is added to the non-assigned section and is excluded from the calculation.
- D. The balance of the new account is added to the non-assigned section and is included in the calculation.
Answer: C
NEW QUESTION 112
Which of the following retirement types is referred to as scrapping?
Response:
- A. Complete integrated asset retirement
- B. Partial retirement without revenue and without customer
- C. Complete retirement with revenue but without customer
- D. Unplanned depreciation of remaining value
Answer: B
NEW QUESTION 113
Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question.
Response:
- A. The payment amount is less than the minimum amount specified for a payment.
- B. An invalid house bank is selected.
- C. The invoice has a debit balance.
- D. The discount period has expired.
Answer: A,B,C
NEW QUESTION 114
Which attributes should you consider when defining asset number ranges?
There are 2 correct answers to this question.
Response:
- A. Asset number ranges are defined for asset classes and are company code specific.
- B. Each asset class can have either an internal or external number range.
- C. Each asset number range has to be assigned to a unique asset class.
- D. Asset number ranges are defined at chart of depreciation level.
Answer: A,B
NEW QUESTION 115
What does the document splitting do?
Please choose the correct answer.
Response:
- A. It enriches all revenue account lines with the defined splitting characteristics.
- B. It enriches all profit and loss account lines with the defined splitting characteristics.
- C. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- D. It enriches all secondary cost element account lines with the defined splitting characteristics.
Answer: C
NEW QUESTION 116
Which business partner categories are available to manage relationships?
Note: There are 2 correct answers to this question.
Response:
- A. Bank
- B. Customer
- C. Person
- D. Organization
Answer: C,D
NEW QUESTION 117
The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 118
What do you need to do to configure a new exchange rate type in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
- A. Specify the direct or indirect quotation.
- 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 119
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Response:
- A. Configuration
- B. Fact sheet
- C. Transactional
- D. Analytical
Answer: A
NEW QUESTION 120
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.
Response:
- A. Company area level
- B. Segment level
- C. Client level
- D. Business area level
Answer: A,D
NEW QUESTION 121
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