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NEW QUESTION # 39
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth.
Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.
- A. Budgeted costs for a cost center
- B. Primary costs resulting from a distribution
- C. Intercompany postings
- D. Plan depreciation amounts
- E. Secondary costs resulting from an assessment
Answer: B,C,D
NEW QUESTION # 40
What are the consequences of the activation of segment reporting in ? Note: There are 2 correct answers to this question.
- A. The segment activation can be reversed.
- B. The segment is automatically updated in existing asset master data.
- C. The segment appears in the screen layout for asset master data.
- D. The segment appears in the additional account assignment configuration.
Answer: B,C
NEW QUESTION # 41
The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.
- A. Travel
- B. Human Capital Management
- C. Sales
- D. Contingent Workforce
- E. Procurement
Answer: C,D,E
NEW QUESTION # 42
At which levels can the print program and its variant be assigned to the correspondence type? Note:
There are 2 correct answers to this question.
- A. Company code
- B. Client
- C. Company
- D. System
Answer: B,D
NEW QUESTION # 43
You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.
- A. Operating chart of accounts
- B. Source currency for group currency
- C. Posting period variant
- D. Fiscal year variant
Answer: A,D
NEW QUESTION # 44
Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.
- A. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
- B. Line item valuation for balance sheet accounts not defined as reconciliation account
- C. Line item valuation for balance sheet accounts defined as open item management
- D. Balance valuation on items for balance sheet accounts not defined as open item management
Answer: C,D
NEW QUESTION # 45
You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.
- A. The residual item becomes a new receivable.
- B. The residual item is written off to a cost account.
- C. Both the original open item and the residual item remain on the account as open items.
- D. The original document and the payment are cleared.
Answer: A,C
NEW QUESTION # 46
You want to implement purchase order accruals in SAP S/4HANA. Which of the following use cases are relevant?
- A. Purchase of consumable materials
- B. Purchase of raw materials for inventory
- C. Purchase of services
- D. Purchase of fixed assets (using direct capitalization method)
Answer: D
NEW QUESTION # 47
You want to post depreciation costs of one asset to two cost centers.
How do you do this?
- A. You assign two real cost centers in the asset master data.
- B. You assign a real cost center and a statistical cost center in the asset master data.
- C. You assign a statistical order in the asset master data which you settle periodically to two cost centers.
- D. You assign a real internal order in the asset master data which you settle periodically to two cost centers.
Answer: D
NEW QUESTION # 48
Which model can be used for ABAP cloud-native development?
- A. The SAP S/4HANA Cloud Extensibility Model
- B. ABAP RESTful Application Programming Model
- C. The ABAP Cloud Development Model
Answer: B
NEW QUESTION # 49
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Standard inventory method
- B. Cycle counting method
- C. Periodic inventory method
- D. Actual inventory method
- E. Continuous inventory method
Answer: C,D,E
NEW QUESTION # 50
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. 10 = Company code currency
- B. 20 = Controlling area currency
- C. 00 = Document currency
- D. 30 = Group currency
Answer: A,C
NEW QUESTION # 51
You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the result of recording this guarantee in SAP S/4HANA?
- A. One statistical line item
- B. Two statistical line items
- C. One noted item
- D. Two noted items
Answer: A
NEW QUESTION # 52
You run a financial statement report and notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.
- A. You have added an account to the wrong node and it is included in the assets section.
- B. You have accounts that you have not assigned in the financial statement version.
- C. You have added an account to the liabilities node that belongs to the financial statement notes.
- D. You selected account group assignment by balance for an account and it is displayed as a liability.
Answer: B,D
NEW QUESTION # 53
You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to .
What is the cause of the error?
- A. You have not posted depreciation completely.
- B. You have not closed the previous fiscal year.
- C. You have not run the settlement for your assets under construction.
- D. You have incomplete asset master records.
Answer: A
NEW QUESTION # 54
Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?
- A. Profit center
- B. Company code
- C. Business area
- D. Segment
Answer: B
Explanation:
To meet legal requirements for financial statements in Switzerland, you need to create a separate company code for the permanent establishment there. A company code is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up for purposes of external reporting. This includes recording all relevant transactions and generating necessary financial statements.
Here are the steps to create a company code in SAP S/4HANA:
Define Company Code:
Transaction Code: OX02
Path: IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Edit, Copy, Delete, Check Company Code.
Enter a four-character alphanumeric code for the new company code and fill in the necessary details such as company name, city, country, currency, and language. Save the entries.
Assign Company Code to Company:
Transaction Code: OX16
Path: IMG -> Enterprise Structure -> Assignment -> Financial Accounting -> Assign company code to company.
Select the company code and assign it to the appropriate company.
Define Additional Settings:
Fiscal Year Variant: Define and assign a fiscal year variant suitable for Switzerland if it differs from your main fiscal year variant (Transaction Code: OB29 and OB37).
Field Status Variant: Assign field status variants to your company code to control the data entry for different fields (Transaction Code: OBC4 and OBC5).
Open and Close Posting Periods:
Transaction Code: OB52
Define the periods during which posting is allowed for the company code.
By creating a company code, you ensure that the financial transactions for the Swiss establishment are recorded separately, and the financial statements can be prepared as required by Swiss law.
NEW QUESTION # 55
What can you achieve with the legacy data transfer in via transaction AS91?
- A. Posting the summary write off in G/L
- B. Creation of master data
- C. Setting the company code status for legacy data transfer
- D. Posting of take over values
Answer: B
NEW QUESTION # 56
You are implementing the Cockpit for your organization.
What are the advantages of defining task grou ps? Note: There are 2 correct answers to this question.
- A. It allows cross task list execution of tasks.
- B. It allows cross template maintenance.
- C. It covers multiple companies with same or similar tasks.
- D. It allows cross task list monitoring of task status.
Answer: A,B
NEW QUESTION # 57
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C_TS4FI_2023 exam questions from TestSimulate dumps: https://www.testsimulate.com/C_TS4FI_2023-study-materials.html (85 Q&As)