[2022] SAP C_TS4FI_2021 Practice Verified Answers - Pass Your Exams For Sure! [Q30-Q51] : Free valid test braindumps : http://free.validbraindumps.com

NEW QUESTION 30
Financial Closing
“Your SAP S/4HANA system is integrated with controlling. You perform cost-of-sales accounting and you report your profit and loss per profit center.
When posting a supplier invoice to a primary account, which field is mandatory by standard procedures?”

Business Area

Profitability segment

Functional Area

Segment

NEW QUESTION 31
Accounts Payable & Accounts Receivable
“Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this question.”

Payment transaction

Payment type

Baseline date

Terms of payment

Payment method

NEW QUESTION 32
Overview and Deployment of SAP S/4HANA
“What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)?
Note: There are 3 correct answers to this question.”

Code line

Configuration Scope

User experience

Data model

Upgrade intervals

NEW QUESTION 33
Financial Closing
After you collected data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?

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

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

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

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

NEW QUESTION 34
General Ledger Accounting
“You have been asked to set up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this question”

Bank Master Data

Payment method

General ledger account

Bank Control Key

Company code

NEW QUESTION 35
General Ledger Accounting
What does the document splitting functionality do?

It enriches all relevant balance sheet account lines with the defined splitting characteristics.

It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items.

It enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers.

It enables the automatic create of additional posting documents for each defined spliiting charecteristic.

NEW QUESTION 36
Which of the following is a technical year-end closing activity in SAP S/4HANA?

Profit center carry-forward must be posted.

Foreign currency valuation must be posted.

Balance sheet adjustments must be posted.

Ledger balances must be carried forward

NEW QUESTION 37
General Ledger Accounting
“How does SAP S/4HANA support the treatment of taxes?
Note: There are 3 correct answers to this question.”

It posts the tax amount to tax accounts.

It perform tax adjustments for cash discounts and other forms of deductions.

It checks the tax amount entered and automatically calculates the tax.

It adjusts the tax codes and automatically updated the procedure.

It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.

NEW QUESTION 38
Overview and Deployment of SAP S/4HANA
“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”

You want to deploy SAP S/4HANA Cloud

You want to use document splitting for the General Ledger

You want to integrate the system into SAP Cloud Platform

You want to clean up your system and use SAP Best Practices

NEW QUESTION 39
Accounts Payable & Accounts Receivable
“Which of the following statemens best describe a noted item?
Note: There are 2 correct answers to this question”

It can be used to remind the user about due payments

It can be accessed by the payment program

It has an automatic statistical offsetting entry

It updates the subledger and the general ledger

NEW QUESTION 40
Accounts Payable & Accounts Receivable
“Which of the following steps do you typically perform during a payment run with the automatic payment program?
Note: There are 2 correct answers to this question”

Define maximum amounts to be paid per supplier

Rank bank accounts for payment

Maintain open item selection parameters

Review the payment proposal exception list

NEW QUESTION 41
“Organizational Assignments and Process Integration “
“You are running an international business and you want to separate legal entities to run operations and perform accounting activities.
Which organizatinal unit do you need to create for each legal entity?”

Business Area

Consolidation Unit

Company

Company Code

NEW QUESTION 42
“Organizational Assignments and Process Integration “
“What does the document type control?
Note: There are 2 correct answers to this question.”

Which account types are allowed for postings

Whether text is required on line item level

Whether negative postings are permitted

Which posting keys are allowed for postings

NEW QUESTION 43
Financial Closing
“Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 2 correct answers to this question.”

Regroup receivables and payables on the balance sheet.

Update product cost estimates with standard prices.

Run pla assessment cycles for profit centers.

Perform valuations of open items in foreigh currency.

NEW QUESTION 44
“Organizational Assignments and Process Integration “
“You assign currency type 40 to your company code in ledger 0L.
Which source currency types can you select?
Note: There are 2 correct answer to this question.”

Controlling area

Company code currency

Document currency

Group currency

NEW QUESTION 45
“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.

NEW QUESTION 46
Accounts Payable & Accounts Receivable
Which parameter indicates that a line item can only be dunned with restrictions?

Group key

Dunning block reason

Dunning key

Dunning area

NEW QUESTION 47
“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

NEW QUESTION 48
General Ledger Accounting
“Which statements best describe a profit center?
Note: There are 2 correct answers to this question.”

It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not.

It is the only object that can be unifromly derived using segments.

It is the only object from which segments can be unifornly derived.

It is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment.

NEW QUESTION 49
Asset Accounting
Which date is used to determine the depreciation start date?

Document date

Asset value date

Posting date

Baseline date

NEW QUESTION 50
General Ledger Accounting
“What do you need to do to configure a new exchange rate type in SAP S/4HANA?
Note: There are 2 correct answers to this question.”

Maintain exchange rates daily

Specify a purpose for the exhange rate type

Specify the company code currency as the base currency

Set up the relationship between currencies using translation ratios

NEW QUESTION 51
“Organizational Assignments and Process Integration “
“Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this question.”

Define the substitution rule with its different steps using the formula editor.

Assign the substitution rule to the controlling area.

Specify an authorization group.

Select activation level 2.

Select the correct call-up point.