[Dec 10, 2023] New Updated C-TS4FI-2020 Exam Questions 2023 [Q25-Q42]

Rate this post

[Dec 10, 2023] New Updated C-TS4FI-2020 Exam Questions 2023

Updated Free SAP C-TS4FI-2020 Test Engine Questions with 82 Q&As

NEW QUESTION 25
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:

Create two external number ranges with the same range and assign one to each of the relevant document types.

Create a substitution rule that updates the document number based on the range you assign in the rule definition.

Enter the same document number range in the customizing definition of both document types.

Create two internal number ranges with the same range and assign one each to the relevant document types.

NEW QUESTION 26
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?

The account is a reconciliation balance sheet account for fixed assets.

The account is assigned in the asset account determination for each valid depredation area.

The account is created for all active company codes of the client.

The account is a profit-and-loss account that must be open item managed.

NEW QUESTION 27
You are asked to explain the assets under construction functionality in SAP S/4HANA.
What should you highlight? There are 2 correct answers to this question.

It is possible to post special tax depreciation and investment support for assets under construction.

It is impossible to use assets under construction with Investment Management.

It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.

It is possible to post credit memos, even after assets under construction are fully capitalized.

NEW QUESTION 28
Which of the following are the month-end closing activities for external purposes? Choose the correct answers. 3

Create external and internal reports

Post goods issues for deliveries to customers

Perform foreign currency valuations

Close the old period

NEW QUESTION 29
Which business partner characteristics mapped to the customer and supplier account groups?

Business partner category

Business partner grouping

Business partner type

Business partner role

NEW QUESTION 30
Which of the following standard correspondence types can you use to exchange information with customers and suppliers?
There are 2 correct answers to this question.
Response:

Dunning letters

Invoices

Payment notices

Bill of exchange charges statements

NEW QUESTION 31
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?

NEW QUESTION 32
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer.

Asset class, main asset number, sub number

Main asset number, sub number, depreciation area

Asset class, depreciation area, main asset number, group asset

Depreciation area, asset class, main asset number, sub number

NEW QUESTION 33
You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system.
How would you define the document number range?

You have to use external number assignment.

You have to use internal number assignment.

You have to use continuous number assignment

You can use internal, external, or continuous number assignment.

NEW QUESTION 34
What are some of the benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question.

The data is aggregated on the fly from any line item table

The data is summarized into higher levels of aggregates to help system performance

The data is available in real time at line item detail

The data is analyzed after it is extracted and loaded in the reporting system

NEW QUESTION 35
What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date? Choose the correct answers. 2

Check to see if the goods were delivered by the key date, but have not yet been invoiced.

Check to see if the goods were produced by the key date, but have not been invoiced.

Check to see if the goods were ordered by the key date, but have not been received.

Check to see if the goods were invoiced by the key date, but have not yet been delivered.

NEW QUESTION 36
What kind of customization can users do on their launchpad? There are 2 correct answers to this question.

Create their own tile groups.

Change the name of tile groups

Change the icons on tiles.

Change the names of tiles.

NEW QUESTION 37
Which parameter indicates that a line item can only be dunned with restrictions?

Dunning grouping

Dunning key

Dunning area

Dunning block reason

NEW QUESTION 38
What are some features of SAP HANA?
There are 2 correct answers to this question.
Response:

SAP HANA is optimized to organize data using column stores.

SAP HANA is built on a hierarchical data model architecture.

SAP HANA is optimized to work with aggregates and index tables.

SAP HANA allows transactional and analytical processing off the same tables.

NEW QUESTION 39
Which of the following lists support the dunning clerk’s work? Choose the correct answers. (3)

The blocked accounts list

The list of vendor balances in local currency

The dunning list

The dunning history list

NEW QUESTION 40
If there is no entry or if a runtime value is empty, the system uses a minimum runtime of 999 days. Determine whether this statement is true or false. Please choose the correct answer.

False

True

NEW QUESTION 41
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach

In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach

In the accounts approach, you assign a separate set of accounts for each accounting principle , unlike the ledger approach.

In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.

NEW QUESTION 42
Identify the callup points that have been provided for Financial Accounting (F1). Choose thecorrect answers.
(2)

Controlling area

Organizational unit

Document header

Document line

Loading …

SAP C-TS4FI-2020 exam covers a range of topics, including general ledger accounting, accounts payable and receivable, asset accounting, bank accounting, financial closing, and financial reporting. Candidates should have a strong understanding of these topics and be able to apply their knowledge to practical scenarios. C-TS4FI-2020 exam also tests the candidate’s ability to configure and customize SAP S/4HANA for Financial Accounting to meet specific business requirements.

Try 100% Updated C-TS4FI-2020 Exam Questions [2023]: https://www.examcost.com/C-TS4FI-2020-practice-exam.html