100% Real C-TS4FI-2021 dumps – Brilliant C-TS4FI-2021 Exam Questions PDF [Q52-Q68]

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100% Real C-TS4FI-2021 dumps – Brilliant C-TS4FI-2021 Exam Questions PDF

C-TS4FI-2021 Exam PDF [2023] Tests Free Updated Today with Correct 95 Questions

Q52. Accounts Payable & Accounts Receivable
“In customizing, at which levels can you assign the print program to the correspondence type?
Note: There are 2 correct answers to this question.”

At system level

At client level

At business partner level

At company code level

Q53. Asset Accounting.
“You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this question”

Depreciation is posted in full for all assets

Posting periods are closed for asset G/L accounts

The fixed asset fiscal year change is complete

Asset master data is complete and without errors

Q54. Accounts Payable & Accounts Receivable
“You want to configure the default baseline date for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this question.”

Entry date

Document date

Goods receipt date

Posting date

Value date

Q55. Financial Closing
“You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?”

Define two valuation methods and assign the ledger groups to the new valuation method.

Define two valuation ares and two accounting principles witth relevate links to ledgers.

Define two valuation methods and assign the accounting principles to the new valuation methods.

Define two valuation ares and two extension ledgers with relevant links to accounting principles.

Q56. Financial Closing
“Which statements best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this question.”

Extension ledger can be assigned their own fiscal year variant.

Extension ledgers can have different currencies than the underlying.

Multiple extension ledgers can point to the same underlying ledger.

Extension ledgers can be assigned their own posting period variant.

Q57. “Organizational Assignments and Process Integration “
“You are running an international business and you want to separate legal entities to run operations and perform accounting activities.
Which organizatinal unit do you need to create for each legal entity?”

Business Area

Consolidation Unit

Company

Company Code

Q58. General Ledger Accounting
How does the system perform the normal reversal of a journal entry?

It creates an inverse posting by resetting the transaction figures

It creates an inverse posting by decreasing the transaction figures

creates an inverse posting by increasing the transaction figures

It creates the inverse posting of a cleared document before resetting it

Q59. Financial Closing
What is the order of configuration within SAP Financial Closing Cockpit?

Create template, create task list, create tasks, define dependencies, release task list

Create task list, release task list, define dependencies, create template, create tasks

Create template, create tasks, define depedencies, create task list, release task list

Define dependencies, create template, create tasks, create task list, release task list

Q60. General Ledger Accounting
“Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question”

The posting key must allow nagative postings.

The company code must allow negative postings.

The reversal acccount must be configured to allow nagative postings.

The reversal reason must be configured to allow nagative postings.

Q61. Accounts Payable & Accounts Receivable
“Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this question.”

Payment transaction

Payment type

Baseline date

Terms of payment

Payment method

Q62. General Ledger Accounting
At what level is the bank master data stores in SAP S/4 HANA?

At the system level

At the client level

At the company code level

At the financial management (FM) area level

Q63. To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question.

Release task list

Define person responsible for tasks

Define task dependencies

Create task groups

Create template

Q64. Which of the following is a technical year-end closing activity in SAP S/4HANA?

Profit center carry-forward must be posted.

Foreign currency valuation must be posted.

Balance sheet adjustments must be posted.

Ledger balances must be carried forward

Q65. Asset Accounting
“How do you configure depreciation areas in SAP S/4 HANA?
Note: There are 2 correct answers to this question.”

Assign each accounting principle to a depreciation area

Ensure all depreciation areas always post to the general ledger

Assign depreciaton area 01 to the leading ledger

Ensure a ledger group is assigned to each accounting principle

Q66. After you collect data in the Inter company Reconciliation tool,what are the next steps of the reconciliation process?

* Post the correct on documents
* Store the data.
* Present reconciled and non-reconciled data
* Communicate differences

* Store the data.
* Present reconciled and non-reconciled data
* Post the correct on documents
* Communicate differences.

* Present reconciled and non-reconciled data
* Post the correct on documents
* Store the data.
* Communicate differences.

* Store the data.
* Present reconciled and non-reconciled data
* Communicate differences.
* Post the correction documents.

Q67. 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”

You can create a tile group with all the apps required for you daily business for easy access

You can create a tile to take you directly to the cash position of the North American business market

You can manage user access to relevant apps for the North American accounts payable group that reports to you

You can adapt the launchpad color theme according to predefined values for the cash report

Q68. What are the maintenance levels of a screen layout rule for asset master data? Note:There are 3 correct answers to this question

Main asset number

Asset sub number

Group asset

Depreciation area

Asset class

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