Exam Passing Guarantee Nov 07, 2023 C-TS4FI-2020 Exam with Accurate Quastions!
Test Engine to Practice Test for C-TS4FI-2020 Valid and Updated Dumps
To take the SAP C-TS4FI-2020 exam, candidates must have a basic understanding of financial accounting principles and SAP S/4HANA. They should also have experience working with the software and be familiar with its features and functions. C-TS4FI-2020 exam is delivered online and consists of 80 multiple-choice questions. Candidates have three hours to complete the exam and must achieve a passing score of 68% or higher.
NEW QUESTION # 48
You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?
- A. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation
- B. The balance of the new account is added to the non-assigned section and is included in the calculation
- C. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
- D. The balance of the new account is added to the non-assigned section and is excluded from the calculation
Answer: B
NEW QUESTION # 49
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:
- A. Enter the same document number range in the customizing definition of both document types.
- B. Create two external number ranges with the same range and assign one to each of the relevant document types.
- C. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- D. Create two internal number ranges with the same range and assign one each to the relevant document types.
Answer: A
NEW QUESTION # 50
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: 3 Answers
- A. Entry Date
- B. Value date
- C. Posting date
- D. Document date
- E. Goods receipt date
Answer: A,C,D
NEW QUESTION # 51
Which of the following special G/L transactions are noted items? Note: There are 2 correct answers to this question.
- A. Guarantee of payment
- B. Down payment
- C. Down payment request
- D. Bill of exchange payment request
Answer: C,D
NEW QUESTION # 52
Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
Response:
- A. A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.
- B. A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation.
- C. A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.
- D. A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.
Answer: C,D
NEW QUESTION # 53
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
Response:
- A. The account is assigned in the asset account determination for each valid depredation area.
- B. The account is a reconciliation balance sheet account for fixed assets.
- C. The account is created for all active company codes of the client.
- D. The account is a profit-and-loss account that must be open item managed.
Answer: B
NEW QUESTION # 54
What type of architecture does SAP Business Workflow use? Choose the correct answer.
- A. Two-tier
- B. Three-tier
- C. Single-tier
- D. Four-tier
Answer: C
NEW QUESTION # 55
Which statements best describe a profit center?
There are 2 correct answers to this question.
Response:
- A. It is the only object from which segments can be uniformly derived.
- B. It is the only object that can be uniformly derived using segments.
- C. It is an element for which separate balance sheet and P&L statements can be created.
- D. It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
Answer: A,C
NEW QUESTION # 56
What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question.
- A. It checks whether the depreciation is posted completely for the fiscal year.
- B. It indicates if any of the created asset master records contain errors or are incomplete.
- C. It settles all assets under construction with values and maintained settlement rules.
- D. It posts all remaining depredation and imputed interest.
- E. It blocks all postings to Asset Accounting for the closed fiscal years.
Answer: A,B,E
NEW QUESTION # 57
Which field can you change on a posted invoice?
- A. Special G/L indicator
- B. Tax code
- C. Cost center
- D. Payment terms
Answer: D
NEW QUESTION # 58
SAP S / 4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio are integrated with SAP S / 4HANAto help you manage human resources? There are 2 correct answers to this question.
- A. SAP C / 4HANA
- B. SAP success factors
- C. APAriba
- D. SAP Fieldglass.
Answer: B,D
NEW QUESTION # 59
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?
There are 2 correct answers to this question.
Response:
- A. Special G/L indicators
- B. Payment terms
- C. Bank determination
- D. Paying company codes
Answer: C,D
NEW QUESTION # 60
What is the recommended organizational unit for the cost of sales accounting? Please choose the correct answer
- A. Functional Area
- B. Controlling area
- C. Sales Area
- D. Business Area
Answer: A
NEW QUESTION # 61
You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question.
- A. Closing posting only
- B. Periodic only
- C. Opening and closing posting only.
- D. Opening posting only
Answer: B,D
NEW QUESTION # 62
You are asked to explain how assets under construction work in SAP S/4HANA . What should you highlight? Note: There are 2 correct answers to this question.
- A. It is possible to post special tax depreciation and investment support for assets under construction.
- B. It is impossible to use assets under construct on with Investment Management.
- C. It is possible to post credit memos, even after assets under construction are fully capitalized.
- D. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
Answer: A,C
NEW QUESTION # 63
......
Exam Questions for C-TS4FI-2020 Updated Versions With Test Engine: https://www.practicematerial.com/C-TS4FI-2020-exam-materials.html
Pass C-TS4FI-2020 Exam with Updated C-TS4FI-2020 Exam Dumps PDF: https://drive.google.com/open?id=13njNjxQV7OX-dArJDJvxvytDpXu_GHBy
