Latest [May 14, 2022] SAP C-TS4FI-2021 Real Exam Dumps PDF [Q26-Q45]

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Latest [May 14, 2022] SAP C-TS4FI-2021 Real Exam Dumps PDF

C-TS4FI-2021 Practice Test Questions Updated 95 Questions

Q26. “Organizational Assignments and Process Integration “
What is the recommended organizational unit for cost of sales accounting?

Profitability Segment

Controlling area

Functional Area

Profit center

Q27. Accounts Payable and Accounts Receivable
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? (3 correct answers)

Raise the dunning level of an account

Lower the dunning level of an item

Block a line item

Block an account

Change a document

Q28. General Ledger Accounting
“Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question”

The posting key must allow nagative postings.

The company code must allow negative postings.

The reversal acccount must be configured to allow nagative postings.

The reversal reason must be configured to allow nagative postings.

Q29. Accounts Payable & Accounts Receivable
Which business partner characteristic is mapped to the customer and supplier account groups?

Business partner type

Business partner account group

Business partner grouping

Business partner role

Q30. “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”

The blocked for posting indicator is set fot the G/L account.

Set the deletion flag in the chart of accounts data of the G/L account.

Transaction figured are older than a customizable amount of years.

There are no transaction figures for the account.

Set the deletion flag in the company code data of the G/L account.

Q31. Financial Closing
“You want to post journal entries in a special period.
Which conditions must be met?
Note: There are 2 correct answer to this question.”

The last posting period must be open for posting in the period control.

The balance carry-forward to the new fiscal year must have taken control.

You must enter a posting date in the last posting period.

The special period must be open for posting in the period control.

Q32. 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

Q33. Financial Closing
“You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?”

Define two valuation methods and assign the ledger groups to the new valuation method.

Define two valuation ares and two accounting principles witth relevate links to ledgers.

Define two valuation methods and assign the accounting principles to the new valuation methods.

Define two valuation ares and two extension ledgers with relevant links to accounting principles.

Q34. Financial Closing
Which of the following is a technical year-end closing activity is SAP S/4HANA?

Ledger valances must be carried forward.

Accruals must be posted.

Balance sheet adjustments must be posted.

Foreign currency valuation must be posted.

Q35. 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

Q36. Asset Accounting
“What do you define when configuring asset classes?
Note: There are 3 correct answers to thia question.”

Account determination

Number ranges

Screen layout rules

Transaction types

Posting keys

Q37. “Organizational Assignments and Process Integration “
“You want to define a validation for the combination of general ledger account and cost center.
For which call-up point do you define this validation?”

Document header

Document line

Complete document

Cost of sales accounting

Q38. 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”

Condition type

Tax category

Tax code

Sequence of steps

Account key

Q39. 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.”

Profit center

Fixed asset

Cost center

Functional area

Q40. 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

Q41. General Ledger Accounting
“What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this question.”

It represents separate areas of operation within an organization.

It is considered for consolidation.

It can be assigned to a company code.

It is responsible for costs and revenues within an organization.

Q42. 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

Q43. General Ledger Accounting
“A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to this account?”

You can post to the account in any currency and it will be converted into CAD.

You can only post to the account in CAD, USD, and EUR.

You can only post to the account in CAD and USD.

You can only post to the account in CAD.

Q44. General Ledger Accounting
“Besides using the profit center, which options dose General Ledger Accounting with document splitting provide to assign a segment to the posting line?
Note: there are 2 correct answers to this question.”

Definition of validation rules

Badi implementation (FAGL_DERIVE_SEGMENT)

Standard account assignment using constants

Assignment of default segments to G/L accounts

Q45. Asset Accounting.
“You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this question”

Depreciation is posted in full for all assets

Posting periods are closed for asset G/L accounts

The fixed asset fiscal year change is complete

Asset master data is complete and without errors