SAP C-TS4FI-2020 Dumps - The Sure Way To Pass Exam

C-TS4FI-2020 Exam Questions (Updated 2021) 100% Real Question Answers

C-TS4FI-2020 Exam Certification Details:

Duration:	180 mins
Languages:	German, English
Level:	Associate
Exam:	80 questions
Cut Score:	59%
Sample Questions:	SAP C-TS4FI-2020 Exam Sample Question

 

NEW QUESTION 137
Which 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.
Response:

• A. Group currency
• B. Transaction currency
• C. Local currency
• D. Material ledger currency

Answer: A,C

 

NEW QUESTION 138
What must you do to create new validations and substitutions?
Note There are 2 correct answers to this question.
Response:

• A. Choose the chart of accounts
• B. Deactivate all former validations and substitutions
• C. Select the relevant call-up point
• D. Define the area of application

Answer: C,D

 

NEW QUESTION 139
What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.
Response:

• A. It is used for special period posting.
• B. It is used for period lock in special purpose ledger.
• C. It is used for the authorization object for posting periods.
• D. It is used for posting from CO to FI.

Answer: D

 

NEW QUESTION 140
You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values.
When you post an external acquisition, how many documents are created?
Response:

• A. 0
• B. 1
• C. 2
• D. 3

Answer: C

 

NEW QUESTION 141
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Response:

• A. Community option
• B. Hybrid option
• C. Public option
• D. Private option

Answer: D

 

NEW QUESTION 142
What are some features of SAP HANA?
There are 2 correct answers to this question.
Response:

• A. SAP HANA allows transactional and analytical processing off the same tables.
• B. SAP HANA is optimized to organize data using column stores.
• C. SAP HANA is optimized to work with aggregates and index tables.
• D. SAP HANA is built on a hierarchical data model architecture.

Answer: A,B

 

NEW QUESTION 143
Which activities can you perform with a recurring journal entry?
Note: There are 2 correct answers to this question
Response:

• A. Create monthly postings on any date of a month.
• B. Determine the number of postings.
• C. Set rules to distribute amounts to be posted.
• D. Obtain an overview of related future postings.

Answer: A,D

 

NEW QUESTION 144
What does the document splitting do?
Please choose the correct answer.
Response:

• A. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
• B. It enriches all profit and loss account lines with the defined splitting characteristics.
• C. It enriches all secondary cost element account lines with the defined splitting characteristics.
• D. It enriches all revenue account lines with the defined splitting characteristics.

Answer: A

 

NEW QUESTION 145
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version.
Response:

• A. False
• B. True

Answer: B

 

NEW QUESTION 146
Which of the following special G/L transactions are noted items?
Note: There are 2 correct answers to this question.
Response:

• A. Guarantee of payment
• B. Bill of exchange payment request
• C. Down payment
• D. Down payment request

Answer: B,D

 

NEW QUESTION 147
Which data can you edit in the payment proposal?
Note: There are 3 correct answers to this question.
Response:

• A. Invoice amount
• B. Cash discount
• C. Payee
• D. House bank
• E. Payment block

Answer: B,D,E

 

NEW QUESTION 148
In your system, you currently perform manual outgoing payments and you want to use the automatic payment program.
Which settings must you maintain as part of the configuration of the automatic payment program?
There are 2 correct answers to this question.
Response:

• A. Paying company codes
• B. Special G/L indicators
• C. Payment terms
• D. Bank determination

Answer: A,D

 

NEW QUESTION 149
Which of the following standard correspondence types can you use to exchange information with customers and suppliers?
There are 2 correct answers to this question.
Response:

• A. Payment notices
• B. Dunning letters
• C. Bill of exchange charges statements
• D. Invoices

Answer: A,B

 

NEW QUESTION 150
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:

• A. OL
• B. 2L
• C. 1L
• D. 3L

Answer: A

 

NEW QUESTION 151
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Response:

• A. Transactional
• B. Fact sheet
• C. Analytical
• D. Configuration

Answer: D

 

NEW QUESTION 152
Which statements best describe a profit center?
There are 2 correct answers to this question.
Response:

• A. It is the only object that can be uniformly derived using segments.
• B. It is the only object from which segments can be uniformly derived.
• C. It is an element for which separate balance sheet and P&L statements can be created.
• D. It has to be used simultaneously with segments to create separate balance sheet and P&L statements.

Answer: B,C

 

NEW QUESTION 153
You are posting an incoming payment against an invoice. Which document values does the user tolerance group control?
There are 2 correct answers to this question.
Response:

• A. The cash discount amount (absolute value) allowed for a line item
• B. The cash discount percentage allowed for the complete document
• C. The total amount (sum of all line items) allowed to be posted
• D. The payment amount allowed for each customer open item

Answer: A,C

 

NEW QUESTION 154
You are configuring accrual types for the accrual engine. For which postings is account determination required?
There are 2 correct answers to this question.
Response:

• A. Periodic only
• B. Closing Posting only
• C. Opening Posting only
• D. Opening and Closing Posting only

Answer: A,C

 

NEW QUESTION 155
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question.
Response:

• A. Routine
• B. Role-based
• C. Rational
• D. Responsive

Answer: B,D

 

NEW QUESTION 156
What is the purpose of the group account number in General Ledger account master data maintenance?
Response:

• A. It determines the fields in the entry screen when you create or update a master record in the company code
• B. It defaults the number interval that is applied for the G/L account number in the company code.
• C. it is used for cross-company-code reporting if the company codes use different charts of account.
• D. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.

Answer: C

 

NEW QUESTION 157
Which entries do you define when maintaining a G/L account?
There are 3 correct answers to this question.
Response:

• A. Ledger assignment
• B. Account group
• C. Account Type
• D. Field status group
• E. Profit center

Answer: B,C,D

 

NEW QUESTION 158
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. Block an account.
• B. Change a document.
• C. Change the dunning data of an account.
• D. Block a line item.
• E. Lower the dunning level of an item.

Answer: A,D,E

 

NEW QUESTION 159
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. General Ledger account
• D. Overdraft limit

Answer: A,C

 

NEW QUESTION 160
Which items can you clear with the automatic clearing program?
Response:

• A. Statistical postings
• B. Bank transaction items
• C. Items with withholding tax entries
• D. Noted items

Answer: B

 

NEW QUESTION 161
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