C_TS4FI_2021 Online Practice Questions and Answers

Which field can you change on a posted invoice?

A. Basel ine date

B. Tax code

C. Special G/L indicator

D. Statistical internal order

You define custom currency type Zl for your company code. Which currency types must be stored in the Data End view? Note: There are 2 correct answers to this questions.

A. Global currency

B. Company code currency

C. Document currency

D. Custom currency type Zl

Which of the following is technical year-end closing activity in SAP S4/HANA?

A. Foreign currency valuation must be posted

B. Accruals must be posted

C. Balance sheet adjustments must be posted

D. Ledger balances must be carried forward

You assign currency type 40 to your company code in ledger 0L Which source currency types can you select?

Note: There are 2 correct answers to this questions.

A. Company code currency

B. Document currency

C. Controlling area currency

D. Group currency

Which date is used to determine the depreciation star date?

A. Baseline date

B. Acquisition date

C. Posting date

D. Asset value date

You need to post customer invoice though an interface with a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.

How do you define the document number range

A. You must use external number assignment

B. You must use internal number assignment

C. You can use internal or external number assignment, but only if it is continuous

D. You can use internal or external number assignment

To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this questions.

A. Create task groups.

B. Define the person responsible for tasks.

C. Create a template.

D. Define the task dependencies.

E. Release the task dependencies.

What do you define when configuring asset classes?

Note: There are 3 correct answers to this questions.

A. Transaction types

B. Number ranges

C. Screen layout rule

D. Posting keys

E. Account determination

You want to configure the default baseline data 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 questions.

A. Posting date

B. Document date

C. Value date

D. Entry date

E. Goods receipt date

How can you define a matching method for intercompany reconciliation?

A. It can be either defined as master data or as configuration

B. It must be defined as master data

C. it can be automatically determined by a user exit

D. It must be defined as configuration

Which statements best describe a profit center?

Note: There are 2 correct answers to this questions.

A. It is an object for which separate balance sheet and PandL statements can be created, whether segments are being maintained or not.

B. It is the only object from which segments can be uniformly derived.

C. It is an object for which separate balance sheet and PandL statements are ,created only when used in conjunction segments.

D. It is the only object that can be uniformly derived using segments.

Which of the following should you consider when defining asset number range?

Note: There are 2 correct answers to this questions.

A. Each asset number range must be assigned to unique asset class

B. Asset number ranges are defined at chat of depreciation level

C. Asset number ranges are defined for asset classes and are company code specific

D. Each asset class can be have either an internal or external number range

Which information is part of the Bank Master Data?

Note: There are 2 correct answers to this questions.

A. Data Medium Exchange (DME) details

B. Control data

C. Information for electronic payment transactions

D. Address details

Which of the following statement best describe a noted item?

Note: There are 2 correct answers to this questions.

A. It has an automatic statistical offsetting entry

B. It updates the subledger and the general ledger

C. It can be used to remind the user about due payments

D. It can be accessed by the payment program

Your SAP S4/HANA system is integrated with controlling, You perform cost-of-sales accounting and you profit and loss per profit center.

When posting a supplier invoice to a primary cost account, wich field is mandatory by standard procedures?

A. Functional area

B. Segment

C. Business area

D. Profitability segment