SAP New 2021 C-TS4FI-2020 Test Tutorial (Updated 268 Questions) [Q50-Q68]

SAP New 2021 C-TS4FI-2020 Test Tutorial (Updated 268 Questions)

C-TS4FI-2020 Exam Questions Dumps, Selling SAP Products

SAP C-TS4FI-2020 Exam Syllabus Topics:

Topic	Details
Topic 1	Determine usage of Cost Center Accounting and type of planning functionality Distinguish between order category and order type. Determine plan data
Topic 2	create Profit Centers and check master data assignments, and configure period-end closing for PCA Organizational Assignments and Process Integration
Topic 3	Define value fields, characteristics and summary characteristics, determine planning Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL)
Topic 4	Determine cost elements structure, cost component structure, planning requirements Determine general reporting requirements for cost centers, configure cost center reporting
Topic 5	Determine and configure cost object controlling - planning and actuals Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis)
Topic 6	Determine and configure product cost planning, and costing versions for alternative costings Define, create and configure internal orders and create a concept for internal order accounting
Topic 7	Define, create and configure cost centers, cost center hierarchies and cost center groups Define scopes and processes in Management Accounting, cross-company code design

 

NEW QUESTION 50
You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view?
There are 2 correct answers to this question.
Response:

• A. Document currency
• B. Object currency
• C. Company code currency
• D. Custom currency type Z1

Answer: A,C

 

NEW QUESTION 51
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes?
Note: There are 2 correct answers to this question.
Response:

• A. SAP Success Factors
• B. SAP Concur
• C. SAP Fieldglass
• D. SAP Hybris

Answer: A,C

 

NEW QUESTION 52
Which business partner characteristic is mapped to the customer and supplier account groups?
Please choose the correct answer.
Response:

• A. Business partner grouping
• B. Business partner category
• C. Business partner type
• D. Business partner role

Answer: A

 

NEW QUESTION 53
Which of the following parameters can be changed on a time-dependent basis?
There are 3 correct answers to this question.
Response:

• A. Depreciation start date
• B. Variable depreciation portion
• C. Depreciation key
• D. Useful life (year or period)

Answer: B,C,D

 

NEW QUESTION 54
Which items can you clear with the automatic clearing program?
Response:

• A. Statistical postings
• B. Bank transaction items
• C. Items with withholding tax entries
• D. Noted items

Answer: B

 

NEW QUESTION 55
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Response:

• A. True
• B. False

Answer: A

 

NEW QUESTION 56
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:

• A. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
• B. Enter the same document number range in the customizing definition of both document types.
• C. Create two external number ranges with the same range and assign one to each of the relevant document types.
• D. Create two internal number ranges with the same range and assign one each to the relevant document types.

Answer: B

 

NEW QUESTION 57
Which of the following special G/L transactions are noted items?
Note: There are 2 correct answers to this question.
Response:

• A. Guarantee of payment
• B. Bill of exchange payment request
• C. Down payment request
• D. Down payment

Answer: B,C

 

NEW QUESTION 58
How can you perform transfers of assets between company codes with different charts of depreciation?
Please choose the correct answer.
Response:

• A. Assign the group chart of depreciation to the relevant fixed assets.
• B. Configure the cross-company depreciation areas in customizing.
• C. Enter depreciation area mapping during intercompany transfer posting.
• D. Correct depreciation area assignment in the asset master record after posting.

Answer: B

 

NEW QUESTION 59
Which of the following can you use for multiple programs with variants that are to be processed automatically?
Please choose the correct answer.
Response:

• A. Flow definition
• B. Remote tasks
• C. Online transactions
• D. Task list template

Answer: A

 

NEW QUESTION 60
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Response:

• A. Dunning procedure
• B. Dunning key
• C. Dunning block
• D. Dunning interval
• E. Dunning area

Answer: A,C,E

 

NEW QUESTION 61
Where is the billing document created?
Please choose the correct answer.
Response:

• A. Sales and Distribution
• B. Financial Accounting
• C. Accounting
• D. Materials Management

Answer: A

 

NEW QUESTION 62
Which statements best describe a profit center?
There are 2 correct answers to this question.
Response:

• A. It is the only object that can be uniformly derived using segments.
• B. It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
• C. It is the only object from which segments can be uniformly derived.
• D. It is an element for which separate balance sheet and P&L statements can be created.

Answer: C,D

 

NEW QUESTION 63
Identify the application areas where validations and substitutions can be used.
There are 2 correct answers to this question.
Response:

• A. FI - Financial Accounting
• B. CO - Cost Accounting
• C. SD - Sales and Distribution
• D. AA - Asset Accounting

Answer: A,B

 

NEW QUESTION 64
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.
Response:

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

Answer: A,D

 

NEW QUESTION 65
Identify the steps performed during the general ledger closing operations for the fiscal year.
There are 3 correct answers to this question.
Response:

• A. Foreign currency documents are valuated.
• B. Accruals are carried out.
• C. The balance carry forward program is run.
• D. Vendor invoices are posted.

Answer: A,B,C

 

NEW QUESTION 66
At what level is the bank master data stored in SAP S/4HANA?

• A. Atcompany code level
• B. At company level
• C. At client level
• D. At controlling area level

Answer: C

 

NEW QUESTION 67
What are some features of SAP HANA?
There are 2 correct answers to this question.
Response:

• A. SAP HANA is optimized to work with aggregates and index tables.
• B. SAP HANA allows transactional and analytical processing off the same tables.
• C. SAP HANA is optimized to organize data using column stores.
• D. SAP HANA is built on a hierarchical data model architecture.

Answer: B,C

 

NEW QUESTION 68
......

SAP S/4HANA Financial Accounting Certification Exam Details:

Exam Code	C_TS4FI_2020
Schedule Exam	SAP Training
Duration	180 mins
Exam Price	$550 (USD)
Exam Name	SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909)
Number of Questions	80
Sample Questions	SAP S/4HANA Financial Accounting Certification Sample Questions
Reference Books	TS4F02 (SAP S/4HANA 2020) TS4F01 (SAP S/4HANA 2020) TS4F02 (SAP S/4HANA 1909) TS4F01 (SAP S/4HANA 1909)
Passing Score	C_TS4FI_2020 - 59% C_TS4FI_1900 - 57%
Level	Associate

 

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