Free SAP C_TS4FI_2021 Exam Dumps and C_TS4FI

Question No: 1

MultipleChoice

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.'

Options

AProfit center

BFixed asset

CCost center

DFunctional area

Question No: 2

MultipleChoice

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)

Options

ARaise the dunning level of an account

BLower the dunning level of an item

CBlock a line item

DBlock an account

EChange a document

Question No: 3

MultipleChoice

Asset Accounting

What is the difference between the ledger approach and the accounts approach to parallel caluation in Asset Accounting?

Note: There are 1 correct answers to this question.

Options

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

BIn the leger approach, you maintain additional depreciation areas to post the delta valuation of each accouting principle, unlike the accounts approach.

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

DIn the ledger approach, you assign a ledger group to every depreciation area, unlike the account approach.

Question No: 4

MultipleChoice

Financial Closing

After you collected data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?

Options

A1. Present reconciled and non-reconciled data
2. Post the correction documents
3. Store the data
4. Communicate difference

B1. Store the data
2. Present reconciled and non-reconciled data
3. Post the correction documents
4. Communicate difference

C1. Post the correction documents
2. Store the data
3. Present reconciled and non-reconciled data
4. Communicate difference

D1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate difference
4. Post the correction documents

Question No: 5

MultipleChoice

Financial Closing

What is the purpose of period interval 3 when you define open and closed periods?

Options

APosting from CO to FI

Bposting to special putpose ledge

CPosting to the extension ledge

DPosting to special periods

Question No: 6

MultipleChoice

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?'

Options

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

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

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

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

Question No: 7

MultipleChoice

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.'

Options

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

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

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

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

Question No: 8

MultipleChoice

'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?'

Options

ADocument header

BDocument line

CComplete document

DCost of sales accounting

Question No: 9

MultipleChoice

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.'

Options

APayment terms

BBank determination

CPayment blocks

DPaying company code

Question No: 10

MultipleChoice

General Ledger Accounting

'When is it possible to set the open item management indicator in a general ledger account

Note: There are 2 correct answers to this question'

Options

AWhen an account is set up as a reconciliation account

BWhen an account has a zero balance

CWhen an account is set up as balance sheet account

DWhen an account is set up as a secondary cost element