C_TS4FI_2020 PDF Dumps Real 2023 Recently Updated Questions

Released SAP C_TS4FI_2020 Updated Questions PDF

SAP C-TS4FI-2020 exam consists of 80 multiple-choice questions that must be completed within a time limit of 180 minutes. C_TS4FI_2020 exam is available in several languages, including English, German, Spanish, French, and Japanese, among others. C_TS4FI_2020 exam is computer-based and can be taken at any authorized SAP training center or online through the SAP Learning Hub. The passing score for the SAP C-TS4FI-2020 exam is 65%, and candidates who pass the exam receive the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification.

SAP C_TS4FI_2020 certification exam covers a range of topics related to financial accounting with SAP S/4HANA. These topics include financial closing, financial accounting configuration, accounts payable and receivable, asset accounting, and general ledger accounting. Candidates are required to demonstrate their ability to configure and implement these solutions in an SAP S/4HANA environment. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification exam consists of 80 questions and has a time limit of 180 minutes. Passing the SAP C_TS4FI_2020 exam demonstrates that the candidate has the skills and knowledge required to implement and configure financial accounting solutions using SAP S/4HANA.

 

NEW QUESTION # 38
How can you post accruals?
Note: There are 3 correct answers to this question.
Response:

• A. Post manually at the end of a period, quarter, or year.
• B. Run the depreciation program.
• C. Reclassify the receivables and payables.
• D. Use the recurring entry program.
• E. Execute the periodic accrual run.

Answer: A,D,E

NEW QUESTION # 39
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.
There are 3 correct answers to this question.
Response:

• A. Schedule the dunning run.
• B. Maintain the parameters.
• C. Change the dunning proposal.
• D. Start the dunning printout.

Answer: A,B,C

NEW QUESTION # 40
Which of the following are the steps of Intercompany reconciliation? Choose the correct answers. 3

• A. Automatic assignment of documents
• B. Document selection and data storage
• C. Automatic presentation of reconciled and non-reconciled data
• D. Manual reconciliation and communication

Answer: A,B,D

NEW QUESTION # 41
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
Response:

• A. False
• B. True

Answer: A

NEW QUESTION # 42
Which of the following steps do you typically perform for a payment run with the automatic payment program? Note:There are 2 correct answers to this question.

• A. Rank bank accounts for payment.
• B. Review the payment proposal exception list.
• C. Maintain open item select on parameters
• D. Define maximum amounts to be paid per supplier

Answer: B,C

NEW QUESTION # 43
What does the document type control?
Note: There are 2 correct answers to this question.

• A. Whether negative postings are permitted
• B. Whether exchange rate differences are permitted
• C. Which posting keys are allowed for postings
• D. Which account types are allowed for postings

Answer: A,D

NEW QUESTION # 44
In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
There are 2 correct answers to this question.

• A. Asset class
• B. Net book value
• C. Deprecation start date
• D. Capitalization date

Answer: B,C

NEW QUESTION # 45
Identify the steps performed during the general ledger closing operations for the fiscal year. Choose the correct answers. 3

• A. Accruals are carried out.
• B. The balance carry forward program is run.
• C. Vendor invoices are posted.
• D. Foreign currency documents are valuated.

Answer: A,B,D

NEW QUESTION # 46
Which business partner characteristic is mapped to the customer and supplier account groups?
Please choose the correct answer.
Response:

• A. Business partner type
• B. Business partner role
• C. Business partner category
• D. Business partner grouping

Answer: D

NEW QUESTION # 47
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal?
There are 3 correct answers to this question.
Response:

• A. Change a document.
• B. Lower the dunning level of an item.
• C. Change the dunning data of an account.
• D. Block a line item.
• E. Block an account.

Answer: B,D,E

NEW QUESTION # 48
For general ledger account posting, which one of the following standard posting keys is for debit? Choose the correct answer.

• A. 0
• B. 1
• C. 01
• D. 2

Answer: D

NEW QUESTION # 49
You are asked to explain how assets under construction work in SAP S/4HANA . What should you highlight? Note: There are 2 correct answers to this question.

• A. It is possible to post credit memos, even after assets under construction are fully capitalized.
• B. It is possible to post special tax depreciation and investment support for assets under construction.
• C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
• D. It is impossible to use assets under construct on with Investment Management.

Answer: A,B

NEW QUESTION # 50
What items are NOT cleared by the automatic clearing program? Note: 3 Answers

• A. Noted Items
• B. Items with withholding tax
• C. Items with value added tax
• D. Statistical postings
• E. Items with sales and use tax

Answer: A,B,D

NEW QUESTION # 51
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: C

NEW QUESTION # 52
You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question.

• A. Raw material purchases
• B. Insurance premiums
• C. Consulting services
• D. Fixed Asset purchases

Answer: A,D

NEW QUESTION # 53
Which program is used to enter accruals and deferrals regularly? Choose the correct answer.

• A. Recurring entry program
• B. Ledger grouping
• C. Compact document journal
• D. Devising program

Answer: A

NEW QUESTION # 54
Which statements best describe extension ledgers in SAP S / 4HANA? There are 2 correct answers to this question.

• A. Extension ledgers can be assigned their own posting period variant.
• B. Extension ledgers can be assigned their own fiscal year variant.
• C. Multiple extension ledgers can point to the same underlying ledger.
• D. Extension ledgers can have different currencies than the underlying ledger.

Answer: A,C

NEW QUESTION # 55
......

C_TS4FI_2020 Dumps and Practice Test (82 Exam Questions): https://www.testsimulate.com/C_TS4FI_2020-study-materials.html