This page was exported from Free Exams Dumps Materials [ http://exams.dumpsmaterials.com ] Export date:Thu Nov 21 15:43:42 2024 / +0000 GMT ___________________________________________________ Title: Updated Aug 07, 2022 Test Engine to Practice Test for C-TS4FI-2020 Valid and Updated Dumps [Q159-Q180] --------------------------------------------------- Updated Aug 07, 2022 Test Engine to Practice Test for C-TS4FI-2020 Valid and Updated Dumps Exam Questions for C-TS4FI-2020 Updated Versions With Test Engine SAP C-TS4FI-2020 Exam Syllabus Topics: TopicDetailsTopic 1Define value fields, characteristics and summary characteristics, determine planning Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL)Topic 2Determine and configure product cost planning, and costing versions for alternative costings Define, create and configure internal orders and create a concept for internal order accountingTopic 3Determine usage of Cost Center Accounting and type of planning functionality Distinguish between order category and order type. Determine plan dataTopic 4Determine and configure cost object controlling - planning and actuals Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis)Topic 5Determine cost elements structure, cost component structure, planning requirements Determine general reporting requirements for cost centers, configure cost center reportingTopic 6Define, create and configure cost centers, cost center hierarchies and cost center groups Define scopes and processes in Management Accounting, cross-company code design SAP C-TS4FI-2020 Exam Description: The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts". C-TS4FI-2020 Exam Certification Details: Languages:German, EnglishCut Score:59%Sample Questions: SAP C-TS4FI-2020 Exam Sample Question   QUESTION 159Which 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 160If 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 161What 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 162Which 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 163How 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 164You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.Response:  False  True QUESTION 165What 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 166Which 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 167Which of the following tolerance groups should every company code always have? Choose the correct answer.  Named  Defined  Special  Blank QUESTION 168What 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 169Which 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 170Which 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 171You 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 172You 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 173Which 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 174Which 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 175Which 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 176You 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 177Down payments received reduce the total of which of the following entities? Choose the correct answer.  Bank balance  Receivables  Inventory  Payables QUESTION 178Your 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 179When 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 180What 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.  Loading … C-TS4FI-2020 Exam Dumps - Free Demo & 365 Day Updates: https://www.dumpsmaterials.com/C-TS4FI-2020-real-torrent.html --------------------------------------------------- Images: https://exams.dumpsmaterials.com/wp-content/plugins/watu/loading.gif https://exams.dumpsmaterials.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2022-08-07 13:48:54 Post date GMT: 2022-08-07 13:48:54 Post modified date: 2022-08-07 13:48:54 Post modified date GMT: 2022-08-07 13:48:54