Pass C-TS4FI-2020 Exam - Real Test Engine PDF with 278 Questions [Q16-Q35]

Pass C-TS4FI-2020 Exam - Real Test Engine PDF with 278 Questions

Get New C-TS4FI-2020 Certification Practice Test Questions Exam Dumps

SAP S/4HANA Financial Accounting Certification Exam Details:

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

SAP C-TS4FI-2020 Exam Syllabus Topics:

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

NEW QUESTION 16
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
There are 3 correct answers to this question.
Response:

A. Define the logical file path as a global path for data aging.
B. Add required authorizations for data aging to your role.
C. Activate aging on SAP HANA.
D. Activate data aging for your company code.
E. Switch on the data aging business function.

Answer: B,C,E

NEW QUESTION 17
How do you depreciation areas in SAP S/4HANA?
Note: There are 2 correct answers to this question.

A. Ensure each accounting principle is assigned to a depreciation area.
B. Assign a ledger group to each depreciation area.
C. Ensure depreciation areas always post to the general ledger.
D. Assign depreciation area 01 to the leading ledger.

Answer: B,C

NEW QUESTION 18
On which level are asset classes created?

A. Chart of depreciation
B. Company code
C. Client
D. Depreciation area

Answer: C

NEW QUESTION 19
What is the purpose of the reorganization of segments?
There are 2 correct answers to this question.
Response:

A. Enables segment reassignments.
B. Enables segment derivation.
C. Enables merge of segments.
D. Enables segment deletion.

Answer: A,C

NEW QUESTION 20
What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.
Response:

A. It is used for the authorization object for posting periods.
B. It is used for special period posting.
C. It is used for posting from CO to FI.
D. It is used for period lock in special purpose ledger.

Answer: C

NEW QUESTION 21
Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer

A. Down payment request
B. Down payment received
C. Customer invoice
D. Clearing

Answer: A

NEW QUESTION 22
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.

A. Which posting keys are allowed for postings
B. Which account types are allowed for postings
C. Whether negative postings are permitted
D. Whether exchange rate difference is permitted

Answer: B,C

NEW QUESTION 23
True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope. Please choose the correct answer.

A. True
B. False

Answer: A

NEW QUESTION 24
Which of the following are the month-end closing activities for external purposes? Choose the correct answers. 3

A. Close the old period
B. Post goods issues for deliveries to customers
C. Create external and internal reports
D. Perform foreign currency valuations

Answer: A,C,D

NEW QUESTION 25
Which of the following parameters can you define within a dunning procedure?
Note : There are 2 correct answers to this question.
Response:

A. Line item grace period
B. Company code
C. Line item total period
D. Number of dunning levels

Answer: A,D

NEW QUESTION 26
Which of the following logistic processes are involved in asset acquisition with materials management (MM)? Choose the correct answers. (3)

A. Purchase requisition
B. Goods receipt
C. Inventory receipt
D. Purchase order

Answer: A,B,D

NEW QUESTION 27
In which step of the SAP Financial Closing Cockpit configuration do you define parameters settings for variables of program variants?

A. Dependency definition
B. Task list release
C. Template creation
D. Task list creation

Answer: D

NEW QUESTION 28
You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system.
How would you define the document number range?

A. You have to use continuous number assignment
B. You have to use internal number assignment.
C. You can use internal, external, or continuous number assignment.
D. You have to use external number assignment.

Answer: C

NEW QUESTION 29
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? Choose the correct answers. 3

A. License plate number
B. Inventory number
C. Cost center
D. Description of the asset

Answer: B,C,D

NEW QUESTION 30
Which of the following are posted in theprogram FAA_DEPRECIATION_POST? Choose the correct answers.
(3)

A. Imputed interest
B. Unplanned depreciation or other manually planned depreciation
C. Parallel APC values
D. Ordinary depreciation such as book depreciation or imputed depreciation

Answer: A,B,D

NEW QUESTION 31
For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures? Choose the correct answer.

A. Special general ledger account
B. Customer account
C. Vendor account
D. Noted items

Answer: D

NEW QUESTION 32
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
Please choose the correct answer.
Response:

A. 1. Present reconciled and non-reconciled data
2. Post the correction documents.
3. Store the data.
4. Communicate differences.
B. 1. Post the correction documents.
2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences.
C. 1. Store the data.
2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences.
D. 1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.