SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting - C-TS4FI-2023 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Which items are taken into account during foreign currency valuation?
Note: There are 2 correct answers to this question.

A. Line item valuation for balance sheet accounts not defined as reconciliation account B. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management C. Balance valuation on items for balance sheet accounts not defined as open item management D. Line item valuation for balance sheet accounts defined as open item management

Discussion 0

Correct Answer: B,D Vote an answer

Question 2

You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number.
After reversing the document, what do you need to change when reposting the document?

A. Document number B. Assignment C. Posting key D. Document type

Discussion 0

Correct Answer: D Vote an answer

Question 3

How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer.

A. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime. B. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications. C. SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed. D. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.

Discussion 0

Correct Answer: A Vote an answer

Question 4

Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?

A. Company code B. Profit center C. Segment D. Business area

Discussion 0

Correct Answer: A Vote an answer

Question 5

You want to make the Reference Document Number field required for entry. Which object controls this setting?
Please choose the correct answer.

A. Document field status B. Document reference key C. Document posting key D. Document type

Discussion 0

Correct Answer: D Vote an answer

Question 6

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA?
Note: There are 3 correct answers to this question.

A. Intercompany postings B. Plan depreciation amounts C. Primary costs resulting from a distribution D. Budgeted costs for a cost center E. Secondary costs resulting from an assessment

Discussion 0

Correct Answer: A,C,E Vote an answer

Question 7

During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.

A. Post B. Park C. Simulate D. Hold

Discussion 0

Correct Answer: A,B Vote an answer

Question 8

Which currency types are defaulted in SAP S/4HANA?
Note: There are 2 correct answers to this question.

A. 10 Company code currency B. 00 = Document currency C. 20 Controlling area currency D. 30 = Group currency

Discussion 0

Correct Answer: A,B Vote an answer

Question 9

Which date must the system determine when you enter an invoice that needs to be paid?

A. Order date B. Payment date C. Baseline date D. Reference date

Discussion 0

Correct Answer: C Vote an answer

Question 10

In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
There are 2 correct answers to this question.

A. Net book value B. Deprecation start date C. Asset class D. Capitalization date

Discussion 0

Correct Answer: A,B Vote an answer