Actual C_TS4FI_2020 Exam Recently Updated Questions with Free Demo
Free SAP C_TS4FI_2020 Exam Questions Self-Assess Preparation
SAP C_TS4FI_2020 certification exam is designed for individuals who want to prove their skills and knowledge in SAP S/4HANA for Financial Accounting Associates. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification is an associate-level exam that is conducted by SAP AG. It is intended to validate the candidate's ability to use SAP S/4HANA for financial accounting and to demonstrate their understanding of the basic concepts of financial accounting.
NEW QUESTION # 20
Where is the billing document created? Choose the correct answer.
- A. Materials Management
- B. Accounting
- C. Financial Accounting
- D. Sales and Distribution
Answer: D
NEW QUESTION # 21
Your customer uses a posting period variant with special periods, and you need to allow specific users to post in these specials periods. What do you assign in the posting period variant? Please choose the correct answer.
- A. An authorization group to period intervals 2 and 3
- B. An authorization group to period interval 2
- C. An authorization group to period interval 1
- D. An authorization group to period intervals 1 and 2
Answer: D
NEW QUESTION # 22
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question.
- A. Posting key
- B. Document type
- C. G/L account
- D. Account group
Answer: A,C
NEW QUESTION # 23
What are the results when you post an outgoing partial payment? There are 2 correct answers to this question.
- A. The initial invoice remains open.
- B. A payment is created with reference to the invoice.
- C. A payment block is set on the invoice.
- D. The initial invoice is cleared.
Answer: A,B
NEW QUESTION # 24
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.
- A. Your own financial statement version
- B. Your own application catalog
- C. Your own application tile
- D. Your own application group
Answer: C
NEW QUESTION # 25
Which activities can you perform with a recurring journal entry?
Note: There are 2 correct answers to this question
Response:
- A. Set rules to distribute amounts to be posted.
- B. Create monthly postings on any date of a month.
- C. Obtain an overview of related future postings.
- D. Determine the number of postings.
Answer: B,C
NEW QUESTION # 26
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 external number assignment.
- B. You can use internal, external, or continuous number assignment.
- C. You have to use continuous number assignment
- D. You have to use internal number assignment.
Answer: B
NEW QUESTION # 27
You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing? There are 3 correct answers to this question.
- A. Accounting principles
- B. Valuation areas
- C. Value adjustment keys
- D. Simulation extension ledger
- E. Account determinations
Answer: A,B,E
NEW QUESTION # 28
What happens to the transaction figures when you post a normal reversal posting?
Response:
- A. They are cleared.
- B. They are reset.
- C. They are increased.
- D. They are deleted
Answer: C
NEW QUESTION # 29
What do you define when you create a new document type? Note: There are 2 correct answers to this question.
- A. Number range for the document type
- B. Posting keys for the document type
- C. Reasons for reversal
- D. Account types allowed for posting
Answer: A,D
NEW QUESTION # 30
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.
- A. SAP Success Factors
- B. SAP Hybris
- C. SAP Concur
- D. SAP Fieldglass
Answer: A,D
NEW QUESTION # 31
At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer
- A. At client level
- B. At company code level
- C. At controlling area level
- D. At company level
Answer: A
NEW QUESTION # 32
What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer.
- A. 3L
- B. 0L
- C. IL
- D. 2L
Answer: B
NEW QUESTION # 33
Which elements define the integration of asset acquisitions to the general ledger?
Note: There are 2 correct answers to this question.
- A. Asset class
- B. Valuation area
- C. Depreciation area
- D. Depreciation keys
Answer: A,C
NEW QUESTION # 34
Which of the following original Management Accounting objects can you assign in the asset master record? Choose the correct answers. 3
- A. Cost center
- B. Cost element
- C. Activity type
- D. Order
Answer: A,C,D
NEW QUESTION # 35
What are the characteristics of a company in SAP S/4HANA ? Note: 2 answers
- A. It represents separate areas of operation within an organization
- B. It can be assigned to a company code
- C. It is considered for consolidation
- D. It is responsible for costs and revenues within an organization
Answer: B,C
NEW QUESTION # 36
You are configuring depreciation areas in Asset Accounting.
Which of the following settings is NOT permitted?
- A. Area posts revaluation only
- B. Area posts depreciation only
- C. Area posts in real time
- D. Area does not post
Answer: A
NEW QUESTION # 37
What are some of the personalization options available to users in your SAP Fiori launch pad environment? There are 3 correct answers to this question.
- A. Users can remove applications they DO NOT use.
- B. Users can add applications for filtered report results.
- C. Users can add new devices from the catalog assigned to them.
- D. Users can remove devices they DO NOT use.
- E. Users can add applications from the catalog assigned to them.
Answer: A,B,E
NEW QUESTION # 38
Which prerequisites must be fulfilled before you can use negative postings? Note: There are 2 correct answers to this question.
- A. The company code must permit negative postings.
- B. The reversal reason must allow alternative posting dates.
- C. The reversal reason must allow negative postings.
- D. The posting key must permit negative posting.
Answer: A,C
NEW QUESTION # 39
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal?
There are 3 correct answers to this question.
Response:
- A. Block an account.
- B. Change a document.
- C. Lower the dunning level of an item.
- D. Block a line item.
- E. Change the dunning data of an account.
Answer: A,C,D
NEW QUESTION # 40
What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)? Note:There are 3 correct answers to this question.
- A. Code line
- B. Business scope
- C. User experience
- D. Data model
- E. Upgrade intervals
Answer: A,C,D
NEW QUESTION # 41
What information is updated on the invoice when you post a complete payment? Note: There are 2 correct answers to this question.
- A. Clearing reason code
- B. Clearing bank
- C. Clearing date
- D. Clearing document number
Answer: C,D
NEW QUESTION # 42
Which two reports should you use to create correspondence to and from customers and vendors to enable you to verify the balance of receivables and payables? Choose the correct answers.
- A. SAPF130L
- B. SAPF130K
- C. SAPF130E
- D. SAPF130D
Answer: B,D
NEW QUESTION # 43
What are the maintenance levels of a screen layout rule for asset classes?
- A. Asset class, depreciation area, main asset number, group asset
- B. Main asset number, subnumber. depreciation area
- C. Depreciation area, asset class, main asset number, subnumber
- D. Asset class, main asset number, subnumber.
Answer: D
NEW QUESTION # 44
What dunning-related data do you maintain on the business partner master record? Note: There are 2 correct answers to this question.
- A. Dunning block
- B. Dunning key
- C. Dunning interval
- D. Dunning area
Answer: A,D
NEW QUESTION # 45
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SAP C-TS4FI-2020 exam is a computer-based exam that tests candidates' knowledge and skills in financial accounting in the SAP S/4HANA environment. C_TS4FI_2020 exam consists of 80 multiple-choice questions, and candidates are given a maximum of 180 minutes to complete the exam. The passing score for the exam is 65%.
SAP C-TS4FI-2020 certification exam comprises 80 multiple-choice questions, and the candidate is given 180 minutes to complete the exam. C_TS4FI_2020 exam is available in various languages, including English, German, Japanese, French, and Chinese. C_TS4FI_2020 exam covers various topics, including financial accounting basics, financial closing, asset accounting, accounts payable and receivable, and general ledger accounting.
C_TS4FI_2020 Free Sample Questions to Practice One Year Update: https://vcepractice.pass4guide.com/C_TS4FI_2020-dumps-questions.html