This page was exported from Free valid test braindumps [ http://free.validbraindumps.com ] Export date:Sat Apr 5 15:39:38 2025 / +0000 GMT ___________________________________________________ Title: [2022] SAP C_TS4FI_2021 Practice Verified Answers - Pass Your Exams For Sure! [Q30-Q51] --------------------------------------------------- C_TS4FI_2021 Practice SAP Verified Answers - Pass Your Exams For Sure! [2022] Valid Way To Pass SAP Certified Application Associate's  C_TS4FI_2021 Exam NEW QUESTION 30Financial 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 31Accounts 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 32Overview 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 33Financial ClosingAfter you collected data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?  1. Present reconciled and non-reconciled data2. Post the correction documents3. Store the data4. Communicate difference  1. Store the data2. Present reconciled and non-reconciled data3. Post the correction documents4. Communicate difference  1. Post the correction documents2. Store the data3. Present reconciled and non-reconciled data4. Communicate difference  1. Store the data2. Present reconciled and non-reconciled data3. Communicate difference4. Post the correction documents NEW QUESTION 34General 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 35General Ledger AccountingWhat 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 36Which 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 37General 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 38Overview 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 39Accounts 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 40Accounts 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 43Financial 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 46Accounts Payable & Accounts ReceivableWhich 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 48General 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 49Asset AccountingWhich date is used to determine the depreciation start date?  Document date  Asset value date  Posting date  Baseline date NEW QUESTION 50General 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.  Loading … SAP C_TS4FI_2021 Pre-Exam Practice Tests | ValidBraindumps: https://www.validbraindumps.com/C_TS4FI_2021-exam-prep.html --------------------------------------------------- Images: https://free.validbraindumps.com/wp-content/plugins/watu/loading.gif https://free.validbraindumps.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2022-11-21 15:39:05 Post date GMT: 2022-11-21 15:39:05 Post modified date: 2022-11-21 15:39:05 Post modified date GMT: 2022-11-21 15:39:05