Questions for the C-TS4FI-2021 were updated on : Sep 01 ,2024
Asset Accounting.
"You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this question"
A, D
Accounts Payable & Accounts Receivable
"You want to configure the default baseline date for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this question."
A, B, D
Accounts Payable & Accounts Receivable
"What you can control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this question."
B, C, E
Accounts Payable & Accounts Receivable
"Which of the following statemens best describe a noted item?
Note: There are 2 correct answers to this question"
A. B
Asset Accounting
How do you identify an asset master record as an asset under construction?
A
Overview and Deployment of SAP S/4HANA
"What are some of the benefits of the data handing in SAP S/4HANA?
Note: There are 2 correct answers to this question."
A, D
Asset Accounting
"You are configuring asset-related postings of depreciation areas in Asset Accounting for a company
code that uses the ledger
approach to parallel valuation
Which of the following settings would lead to an error?"
A
Asset Accounting
"What do you define when configuring asset classes?
Note: There are 3 correct answers to thia question."
A, B, C
Accounts Payable & Accounts Receivable
Which field can you change on a posted invoice?
B
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"
B, C
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."
B, D
"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?"
B
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."
A, C
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?"
C
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
A