Updated Aug 07, 2022 Test Engine to Practice Test for C-TS4FI-2020 Valid and Updated Dumps [Q159-Q180] : Free Exams Dumps Materials : http://exams.dumpsmaterials.com

QUESTION 159
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.

Document number required

Company code required

Account required

Reason code required

Number of date fields required

QUESTION 160
If there is no entry or if a runtime value is empty, the system uses a minimum runtime of 999 days. Determine whether this statement is true or false. Please choose the correct answer.

False

True

QUESTION 161
What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question

One-time license investment

Increased customizing flexibility

IT cost savings

Always up to date

QUESTION 162
Which of the following retirement types is referred to as scrapping? Please choose the correct answer.

Complete integrated asset retirement

Unplanned depreciation of remaining value

Partial retirement without revenue and without customer

Complete retirement with revenue but without customer

QUESTION 163
How does the system behave when an invoice is processed as a residual payment?

The payment difference is posted to a different account

All documents remain in the account as open items.

The payment difference is written off.

The original document and payment are cleared.

QUESTION 164
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Response:

False

True

QUESTION 165
What is the purpose of the group account number in General Ledger account master data maintenance? Please choose the correct answer.

It determines the fields in the entry screen when you create or update a master record in the company code

It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.

It defaults the number interval that is applied for the G/L account number in the company code.

It is used for cross-company-code reporting if the company codes use different charts of account.

QUESTION 166
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:

SAPF130L

SAPF130D

SAPF130K

SAPF130E

QUESTION 167
Which of the following tolerance groups should every company code always have? Choose the correct answer.

Named

Defined

Special

Blank

QUESTION 168
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach

In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.

In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach

In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach

QUESTION 169
Which closing activities are used in external reporting as per SAP best practices?
There are 2 correct answers to this question.
Response:

Perform valuations of open items in foreign currency.

Update product cost estimates.

Execute the plan cost center assessment cycle.

Reclassify receivables and payables.

QUESTION 170
Which of the following currency types can you set in customizing activity “define setting for ledgers and currency type”?
There are 2 correct answers to this question.

Group currency

Local currency

Material ledger currency

Transaction currency

QUESTION 171
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.

Posting period variant must be created and assigned

Tax types and tax codes must be maintained

Line item text templates must be maintained

Number range and document types must be maintained

QUESTION 172
You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system?

Define two valuation areas and two accounting principles with relevant links to ledgers

Define a valuation area and ledger group for two ledgers to link with the new valuation area

iDefine two valuation methods and assign the accounting principles to the new valuation methods

Define a valuation area and extension ledger to link with the new valuation area

QUESTION 173
Which of the following statements are correct? Choose the correct answers. 2

A task can be assigned only one possible processor.

A company code can be assigned several workflow variants.

The same workflow variant can be assigned to several company codes.

It is possible to design multilevel workflow sequences.

QUESTION 174
Which attributes should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question.

Asset number ranges are defined at chart of depreciation level

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

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

Each asset number range has to be assigned to a unique asset class.

QUESTION 175
Which of the following fields can be changed in the document header? Choose the correct answers. (2)

Reference number

Document date

Document header text

Currency exchange rate

QUESTION 176
You want to define a validation for the combination of ledger account and cost center. For what point of call is this validation defined? Please select the correct answer.

Document line

Cost of sales accounting

Document header

Complete document

QUESTION 177
Down payments received reduce the total of which of the following entities? Choose the correct answer.

Bank balance

Receivables

Inventory

Payables

QUESTION 178
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.
Response:

SAP Hybris

SAP Success Factors

SAP Fieldglass

SAP Concur

QUESTION 179
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?
There are 3 correct answers to this question.
Response:

Inventory number

Cost center

Description of the asset

License plate number

QUESTION 180
What are the features of the Accrual Engine in SAP S/4 HANA? There are 2 correct answers to this question.

The fiscal year variant of the general ledger is supported.

The Fl reversal is NOT supported.

Complex postings with more than two line items are NOT possible.

All currencies of general ledger are supported.

Updated Aug 07, 2022 Test Engine to Practice Test for C-TS4FI-2020 Valid and Updated Dumps [Q159-Q180]

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