Online C_TS4FI_2020 Test Brain Dump Question and Test Engine
Real SAP C_TS4FI_2020 Exam Dumps with Correct 82 Questions and Answers
The SAP C_TS4FI_2020 Certification Exam is ideal for financial accounting professionals who wish to demonstrate their expertise in SAP S/4HANA 2020. This certification is particularly relevant for professionals who are responsible for configuring and implementing SAP S/4HANA for financial accounting purposes, as well as those who are involved in managing financial processes, reporting, and analysis. By earning this certification, candidates can enhance their career prospects and demonstrate their commitment to staying up-to-date with the latest advancements in SAP technology.
NEW QUESTION # 17
What type of architecture does SAP Business Workflow use? Choose the correct answer.
- A. Two-tier
- B. Single-tier
- C. Four-tier
- D. Three-tier
Answer: B
NEW QUESTION # 18
You define the type of custom currency Z1 for your company code. What types of currency should be stored in the Data Entry view? There are 2 correct answers to this question.
- A. Object currency.
- B. Custom currency type
- C. Document currency
- D. Company code currency
Answer: C,D
NEW QUESTION # 19
Identify some of the checks for archiving G/L accounts (master data). Choose the correct answers. (3)
- A. Are there (still) transaction figures (for example, have they already been archived)?
- B. Are there (still) documents?
- C. Has a deletion indicator been set?
- D. Is the fiscal year closed?
Answer: A,B,C
NEW QUESTION # 20
Which information is checked by the system before a general ledger account k archived?
- A. The assigned group account is already archived.
- B. The Blocked for Posting indicator is set in master data.
- C. The Mark for Deletion indicator is set in master data
- D. The Open item Management indicator is set in master data
Answer: C
NEW QUESTION # 21
Where is the billing document created? Choose the correct answer.
- A. Financial Accounting
- B. Materials Management
- C. Accounting
- D. Sales and Distribution
Answer: D
NEW QUESTION # 22
In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.
If you use the application to post integrated asset acquisitions, how many documents will the system post?
Please choose the correct answer.
Response:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 23
Which of the following special G/L transactions are noted items? Note: There are 2 correct answers to this question.
- A. Down payment
- B. Guarantee of payment
- C. Bill of exchange payment request
- D. Down payment request
Answer: C,D
NEW QUESTION # 24
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.
Response:
- A. Segment level
- B. Company area level
- C. Business area level
- D. Client level
Answer: B,C
NEW QUESTION # 25
Identify the application areas where validations and substitutions can be used. Choose the correct answers. (2)
- A. AA-Asset Accounting
- B. CO - Cost Accounting
- C. Fl - Financial Accounting
- D. SD - Sales and Distribution
Answer: B,C
NEW QUESTION # 26
Which deployment options exist for SAP S4HANA?
Note: There are 3 correct answers to this question.
Response:
- A. On-premise deployment
- B. Agile deployment
- C. Central hub deployment
- D. Hybrid deployment
- E. Cloud deployment
Answer: A,D,E
NEW QUESTION # 27
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
- A. Remove the main asset indicator in screen layout maintenance.
- B. Remove the reference indicator in screen layout maintenance.
- C. Remove the asset class indicator in screen layout maintenance.
- D. Remove the subnumber indicator in screen layout maintenance.
Answer: B
NEW QUESTION # 28
Which of the following is an example of an automatic offsetting entry?
Please choose the correct answer.
Response:
- A. Posting of a guarantee of payment
- B. Bank posting of a received down payment
- C. Down payment request
Answer: A
NEW QUESTION # 29
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?
There are 2 correct answers to this question.
Response:
- A. SAPF130E
- B. SAPF130K
- C. SAPF130D
- D. SAPF130L
Answer: B,C
NEW QUESTION # 30
Which of the following activities does the system perform during the payment run? Choose the correct answers. 3
- A. The system supplies the print programs with necessary data.
- B. The system exports a list of documents to be paid.
- C. The system makes postings to the G/L and AP/AR subledgers.
- D. The system clears open items.
Answer: A,C,D
NEW QUESTION # 31
Identify the callup points that have been provided for Financial Accounting (F1). Choose thecorrect answers.
(2)
- A. Controlling area
- B. Document line
- C. Organizational unit
- D. Document header
Answer: B,D
NEW QUESTION # 32
Identify the call up points that have been provided for Financial Accounting (Fl). There are 3 correct answers to this question.
- A. Controlling area
- B. Document line
- C. Complete Document
- D. Organizational unit
- E. Document header
Answer: B,C,E
NEW QUESTION # 33
Your SAP S/4HANA system is integrated with controlling. You perform cost of sales accounting, and you report your profit and loss per profit center.
When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures?
- A. Functional Area
- B. Cost Center
- C. Business Area
- D. Segment
Answer: D
NEW QUESTION # 34
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
- A. SAP S/4HANA Finance
- B. SAP S/4HANA Cloud
- C. SAP S/4HANA with Central Finance
- D. SAP S/4HANA on-premise
Answer: B
NEW QUESTION # 35
Which entries do you define when maintaining a G/L account?
There are 3 correct answers to this question.
Response:
- A. Account Type
- B. Ledger assignment
- C. Account group
- D. Field status group
- E. Profit center
Answer: A,C,D
NEW QUESTION # 36
Which of the following should you consider when defining asset number ranges? Note:There are 2 correct answers to this question. \/ CH Each asset class can
- A. have either an internal or external number range.
- B. Asset number ranges are defined at chart of depreciation level.
- C. Asset number ranges are defined for asset classes and are company code specific.
- D. Each asset number range must be assigned to a unique asset class
Answer: A,C
NEW QUESTION # 37
You are starting the fiscal year-end process in Asset Accounting in SAP S / 4HANA. What are the year-end closing programchecks for Asset Accounting? There are 2 correct answers to this question.
- A. Assets are complete and error free
- B. Depreciation is posted in full
- C. The general ledger and subledgers are closed
- D. Fixed asset fiscal year changes is complete.
Answer: A,B
NEW QUESTION # 38
Which business partner characteristics mapped to the customer and supplier account groups?
- A. Business partner category
- B. Business partner role
- C. Business partner grouping
- D. Business partner type
Answer: C
NEW QUESTION # 39
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SAP C_TS4FI_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Accounts Payable & Accounts Receivable > 12% | Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
| Overview and Deployment of SAP S/4HANA < 8% | Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options. |
| Asset Accounting > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting. |
| Financial Closing > 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods. |
Achieving the SAP C_TS4FI_2020 certification can help individuals advance their careers in finance and accounting, as it demonstrates their proficiency in using SAP S/4HANA for financial accounting tasks. Certification holders are recognized as experts in their field and may be eligible for higher-paying job opportunities. Additionally, employers may prefer to hire certified professionals as they are assured of their level of knowledge and expertise in using SAP S/4HANA for financial accounting tasks.
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