SAP c-ts4fi-2021 practice test

Question 1

Which field can you change on a posted invoice?

• A. Tax code
• B. Cost center
• C. Payment terms
• D. Special GL indicator

Question 2

What are the maintenance levels of a screen layout rule for asset master data? Note:There are 3
correct answers to this question

• A. Main asset number
• B. Asset sub number
• C. Group asset
• D. Depreciation area
• E. Asset class

Question 3

Besides using the profit center, which options does General Ledger Accounting with document
splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this
question.

• A. Standard account assignment using constants
• B. Configuration of the derivation logic with derivation sequence and steps
• C. BAdl implementation (FAGL_DERIVE_SEGMENT)
• D. Definition of validation rules

Question 4

What is the purpose of the chart of depreciation?

• A. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
• B. The chart of depreciation defines the asset classes for which you can create fixed assets
• C. The chart of depreciation manages country-specific legal valuation of fixed assets
• D. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

Question 5

You are configuring asset-related postings of depreciation areas in Asset Accounting. Which of the
following settings is "NOT" permitted?

• A. Area does not post
• B. Area posts depreciation only
• C. Area posts in real time
• D. Area posts revaluation only

Question 6

After you collect data in the Inter company Reconciliation tool,what are the next steps of the
reconciliation process?
A.
* Post the correct on documents
* Store the data.
* Present reconciled and non-reconciled data
* Communicate differences
B.
* Store the data.
* Present reconciled and non-reconciled data
* Post the correct on documents
* Communicate differences.
C.
* Present reconciled and non-reconciled data
* Post the correct on documents
* Store the dat
a.
* Communicate differences.
D.
* Store the data.
* Present reconciled and non-reconciled data
* Communicate differences.
* Post the correction documents.

Question 7

Which of the following is a technical year-end closing activity in SAP S/4HANA?

• A. Profit center carry-forward must be posted.
• B. Foreign currency valuation must be posted.
• C. Balance sheet adjustments must be posted.
• D. Ledger balances must be carried forward

Question 8

Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note:There are 2 correct answers to this question.

• A. Define the logical file path as a global path for data aging
• B. Add required authorizations for data aging to your role
• C. Archive transactional data no longer legally required
• D. Switch on the data aging business function.

Question 9

When can you set the open item management indicator in a general ledger account? Note: There are
2 correct answers to this question.

• A. When an account is used as a reconciliation account
• B. When an account has a zero balance
• C. When an account is set up as a cost element
• D. When an account is required for clearing

Question 10

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

• A. Release task list
• B. Define person responsible for tasks
• C. Define task dependencies
• D. Create task groups
• E. Create template

Question 11

What is the purpose of period interval 3 when you define open and closed periods?

• A. Posting to special periods
• B. Authorization control for posting periods
• C. Posting from CO to Fl
• D. Posting to special purpose ledger

Question 12

You want to create a substitution in Financial Accounting. Which parts do you have to define for each
step of the substitution? Note: There are 2 correct answers to this question.

• A. Message
• B. Check
• C. Replacement
• D. Prerequisite

Question 13

Overview and Deployment of SAP S/4HANA
"You are a group cash manager interested in the North American business market.
What are the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this question"

• A. You can create a tile group with all the apps required for you daily business for easy access
• B. You can create a tile to take you directly to the cash position of the North American business market
• C. You can manage user access to relevant apps for the North American accounts payable group that reports to you
• D. You can adapt the launchpad color theme according to predefined values for the cash report

Question 14

General Ledger Accounting
"You are getting ready to post your first simple general ledger document using the SAP fiori app for
posting in a test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this question. "

• A. The posting period variant must be created and assigned.
• B. Number range and document types must be maintained.
• C. User must be assined to a tolerance group.
• D. Line item text templates must be maintained.

Question 15

"Organizational Assignments and Process Integration " "You define custom currency type Zl for your
company code. Which currency types must be stored in the Data Entry view? Note: There are 2
correct answers to this question."

• A. Hard currency
• B. Document currency
• C. Company code currency
• D. Custom currency type Zl