SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) - C-TS4FI-2020 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

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?

A. 3 B. 2 C. 1 D. 4

Discussion 0

Correct Answer: A Vote an answer

Question 2

What is the purpose of the chart of depreciation?

A. The chart of depreciation manages country-specific legal valuation of fixed assets B. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting. C. The chart of depreciation substitutes the operational chart of accounts in asset-related postings. D. The chart of depreciation defines the asset classes for which you can create fixed assets

Discussion 0

Correct Answer: A Vote an answer

Question 3

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

A. BAdl implementation (FAGL_DERIVE_SEGMENT) B. Configuration of the derivation logic with derivation sequence and steps C. Definition of validation rules D. Standard account assignment using constants

Discussion 0

Correct Answer: A,B Vote an answer

Question 4

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. Profit center B. Fixed asset C. Cost center D. Functional area

Discussion 0

Correct Answer: B,C Vote an answer

Question 5

On which levels can you maintain field status controls for business partners (BP)? Note:There are 2 correct answers to this question.

A. Company code B. BP category C. BP type D. BP role

Discussion 0

Correct Answer: C,D Vote an answer

Question 6

How does the system determine the correspondence type of a payment notice?

A. According to the reason code, as long as all the reason codes carry the same correspondence type B. According to the tolerance group, as long as all the tolerance groups carry the same correspondence type C. According to the tolerance group, as long as all the reason codes carry the same correspondence type D. According to the reason code, as long as all the tolerance groups carry the same correspondence type

Discussion 0

Correct Answer: D Vote an answer

Question 7

What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note: There are 2 correct answers to this question.

A. You want to use document splitting for the General Ledger. B. You want to clean up your system and use SAP Best Practices. C. You want to deploy SAP S/4HANA Cloud. D. You want to integrate the system to SAP Cloud Platform.

Discussion 0

Correct Answer: B,C Vote an answer

Question 8

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?

A. You can use internal, external, or continuous number assignment B. You must use internal number assignment C. You must use external number assignment D. You must use continuous number assignment.

Discussion 0

Correct Answer: C Vote an answer

Question 9

Which field can you change on a posted invoice?

A. Special GL indicator B. Payment terms C. Cost center D. Tax code

Discussion 0

Correct Answer: B Vote an answer