[Aug 09, 2023] Get New C-TS4FI-2020 Practice Test Questions Answers
C-TS4FI-2020 Dumps and Exam Test Engine
SAP C-TS4FI-2020 certification exam is a computer-based exam that consists of 80 multiple-choice questions. Candidates are given 180 minutes to complete the exam, and they must score at least 65% to pass. C-TS4FI-2020 exam is available in English, Japanese, and German languages. C-TS4FI-2020 exam fee varies by location and currency, and candidates can register for the exam through the SAP website.
NEW QUESTION # 41
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
- A. The account is a profit-and-loss account that must be open item managed.
- B. The account is created for all active company codes of the client.
- C. The account is a reconciliation balance sheet account for fixed assets.
- D. The account is assigned in the asset account determination for each valid depredation area.
Answer: C
NEW QUESTION # 42
In a valuation method, which of the following is not a valuation approach for foreign currency valuation? Choose the correct answer.
- A. Strict lowest value principle
- B. Revalue only
- C. High rate of interest principle
- D. Lowest value principle
Answer: C
NEW QUESTION # 43
Which of the following are the steps of Intercompany reconciliation? Choose the correct answers. 3
- A. Automatic presentation of reconciled and non-reconciled data
- B. Document selection and data storage
- C. Automatic assignment of documents
- D. Manual reconciliation and communication
Answer: B,C,D
NEW QUESTION # 44
Which statements best describe a profit center? Note: There are 2 correct answers to this question
- A. It is an element for which separate balance sheet and P&L statements can be created
- B. It is the only object that can be uniformly derived using segments
- C. It is the only object from which segments can be uniformly derived
- D. It must be used simultaneously with segments to create separate balance sheet and P&L statements.
Answer: A,C
NEW QUESTION # 45
You define custom currency type Z1 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. Document currency
- B. Object currency
- C. Custom currency type Z1
- D. Company code currency
Answer: A,D
NEW QUESTION # 46
What is the purpose of the reorganization of segments?
There are 2 correct answers to this question.
Response:
- A. Enables segment deletion.
- B. Enables merge of segments.
- C. Enables segment reassignments.
- D. Enables segment derivation.
Answer: B,C
NEW QUESTION # 47
Which attributes should you consider when defining asset number ranges?
There are 2 correct answers to this question.
Response:
- A. Asset number ranges are defined at chart of depreciation level.
- B. Each asset class can have either an internal or external number range.
- C. Each asset number range has to be assigned to a unique asset class.
- D. Asset number ranges are defined for asset classes and are company code specific.
Answer: B,D
NEW QUESTION # 48
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Response:
- A. Create two external number ranges with the same range and assign one to each of the relevant document types.
- B. Create two internal number ranges with the same range and assign one each to the relevant document types.
- C. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
- D. Enter the same document number range in the customizing definition of both document types.
Answer: D
NEW QUESTION # 49
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 with Central Finance
- B. SAP S/4HANA Cloud
- C. SAP S/4HANA Finance
- D. SAP S/4HANA on-premise
Answer: B
NEW QUESTION # 50
Which is the most flexible SAP S/4HANA Cloud solution for customers? Please choose the correct answer.
- A. Public option
- B. Private option
- C. Hybrid option
- D. Community option
Answer: B
NEW QUESTION # 51
After you collect data in the Inter company Reconciliati
- A. Present reconciled and non-reconciled data.
Communicate differences hat are the next steps of the reconciliation process? - B. Present reconciled and non-reconciled data. Post the correct on documents. Communicate differences.
Store the data. - C. Present reconciled and non-reconciled data. Post the correct on documents. Store the data. Communicate differences.
Store the data. - D. Present reconciled and non-reconciled data.
Communicate differences.
Post the correction documents.
Post the correct on documents.
Store the data.
Answer: D
NEW QUESTION # 52
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.
- A. Maintain the parameters.
- B. Change the dunning proposal.
- C. Schedule the dunning run.
- D. Start the dunning printout.
Answer: A,B,C,D
NEW QUESTION # 53
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
- A. 1. Store the data
2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences. - B. 1. Post the correction documents.
2. Store the data
3. Present reconciled and non-reconciled data.
4. Communicate differences. - C. 1. Present reconciled and non-reconciled data.
2. Post the correction documents.
3. Store the data
4. Communicate differences. - D. 1. Store the data
2. Present reconciled and non-reconciled data.
3. Communicate differences.
4. Post the correction documents.
Answer: D
NEW QUESTION # 54
Which elements define the integration of asset acquisitions with the general ledger? Note:There are 2 correct answers to this question
- A. Depreciation area
- B. Asset class
- C. Valuation area
- D. Depreciation keys
Answer: A,B
NEW QUESTION # 55
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question.
Response:
- A. Responsive
- B. Role-based
- C. Rational
- D. Routine
Answer: A,B
NEW QUESTION # 56
Which items can you clear with the automatic clearing program?
Response:
- A. Items with withholding tax entries
- B. Statistical postings
- C. Bank transaction items
- D. Noted items
Answer: C
NEW QUESTION # 57
What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question
- A. Always up to date
- B. One-time license investment
- C. Increased customizing flexibility
- D. IT cost savings
Answer: A,D
NEW QUESTION # 58
What types of data are maintained for a house bank?
Note: There are 2 correct answers to this question.
Response:
- A. Data medium exchange (DME) details
- B. payment signatories
- C. Overdraft limit
- D. General Ledger account
Answer: A,D
NEW QUESTION # 59
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing?
Please choose the answer:
- A. Optional
- B. Display
- C. Required
- D. Hide
Answer: A
NEW QUESTION # 60
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.
- A. SAP Success Factors
- B. SAP Hybris
- C. SAP Fieldglass
- D. SAP Concur
Answer: A,C
NEW QUESTION # 61
For which of the following can you park documents? Choose the correct answers. (2)
- A. Material accounts
- B. General ledger accounts
- C. Sales invoices
- D. Customer accounts
Answer: B,D
NEW QUESTION # 62
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?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 63
At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer
- A. At company code level
- B. At company level
- C. At client level
- D. At controlling area level
Answer: C
NEW QUESTION # 64
Which standard currency types must be used when configuring the currency settings for company codes?
Note: There are 2 correct answers to this question.
- A. Document currency
- B. Group currency
- C. Controlling area currency
- D. Company code currency
Answer: B,D
NEW QUESTION # 65
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