[May-2023] Verified C_TS4FI_2021 dumps Q&As - C_TS4FI_2021 dumps with Correct Answers [Q38-Q59]

Rate this post

[May-2023] Verified C_TS4FI_2021 dumps Q&As – C_TS4FI_2021 dumps with Correct Answers

The Best SAP Certified Application Associate Study Guide for the C_TS4FI_2021 Exam

The SAP C-TS4FI-2021 exam is designed to test the skills and knowledge of professionals who work with SAP S/4HANA for financial accounting. This certification validates the candidate’s ability to perform various tasks related to financial accounting, including setting up financial accounting, managing financial transactions, and generating financial statements. The exam is ideal for professionals who have experience in financial accounting and are looking to enhance their skills and knowledge in SAP S/4HANA.

The SAP C-TS4FI-2021 certification exam is a prerequisite for many job roles in financial accounting using SAP S/4HANA. It is an industry-recognized certification that demonstrates the candidate’s expertise in financial accounting processes in SAP S/4HANA. The certification is recognized globally, and candidates who pass the exam become SAP Certified Application Associates in SAP S/4HANA for Financial Accounting Associates.

NEW QUESTION 38
Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question.

Standard account assignment using constants

Configuration of the derivation logic with derivation sequence and steps

BAdl implementation (FAGL_DERIVE_SEGMENT)

Definition of validation rules

NEW QUESTION 39
Asset Accounting
“You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation Which of the following settings would lead to an error?”

Area does not post

Area posts APC immediately, depreciation periodically

Area posts depreciation only

Area posts in real time

NEW QUESTION 40
Which of the following should you consider when defining asset number range?
Note: There are 2 correct answers to this questions.

Each asset number range must be assigned to unique asset class

Asset number ranges are defined at chat of depreciation level

Asset number ranges are defined for asset classes and are company code specific

Each asset class can be have either an internal or external number range

NEW QUESTION 41
Financial Closing
“You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed.
What account does the system use to post the valuation differences?”

Alternative reconciliation G/L account

Adjustment G/L account for foreign currency

Individual supplier accounts with special G/L indicator

Supplier reconciliation G/L account

NEW QUESTION 42
Which statements best describe a profit center?
Note: There are 2 correct answers to this questions.

It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

It is the only object from which segments can be uniformly derived.

It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

It is the only object that can be uniformly derived using segments.

NEW QUESTION 43
Accounts Payable & Accounts Receivable
“What you can control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this question.”

The special G/L indicator for the down payment

The type of payment notice sent to customer.

The exclusing of disputed residual items from credit limit checks.

The document type of the payment.

The account where a residual item is posted.

NEW QUESTION 44
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

NEW QUESTION 45
Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 3 correct answers to this questions.

Run plan assessment cycles for profit center

Perform flat rate value adjustment for receivables

Preform valuations of open items in foreign currency

Perform a top-down distribution in margin analysis

Regroup receivables and payables on the balance sheet

NEW QUESTION 46
Asset Accounting
“Which elements define the integration of asset acquisitions with the general ledger?
Note: There are 2 correct answers to this question.”

Depreciation keys

Depreciation area

Valuation area

Asset class

NEW QUESTION 47
On which levels can you maintain field status controls for business partners (BP)?
Note: There are 2 correct answers to this questions.

Company code

BP role

BP type

BP category

NEW QUESTION 48
“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

NEW QUESTION 49
How does the system determine the correspondence type of a payment notice?

According to the tolerance group, as long as all tolerance groups carry the same correspondence type

According to the reason code, as long as all tolerance groups carry the same correspondence type

According to the reason code, as all reason codes carry the same correspondence type

According to the tolerance group, as all reason codes carry the same correspondence type

NEW QUESTION 50
Which field can you change on a posted invoice?

Tax code

Cost center

Payment terms

Special GL indicator

NEW QUESTION 51
How does SAP S4/HANA support the treatment of taxes?
Note: There are 3 correct answers to this questions.

It checks the tax amount entered and automatically calculates the tax

It post the tax amount to tax accounts

It checks the tax codes and automatically updates the taxes based on changes by tax authorities

It adjust the tax codes and automatically updates the procedure

It performs tax adjustments for cash discounts and other forms of deductions

NEW QUESTION 52
Asset Accounting
“You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?”

Remove the main asset indicator

Remove the reference indicator

Remove the asset class indicator

Remove the subnumber indicator

NEW QUESTION 53
Accounts Payable & Accounts Receivable
Which parameter indicates that a line item can only be dunned with restrictions?

Group key

Dunning block reason

Dunning key

Dunning area

NEW QUESTION 54
You are responsible for configuring document splitting.
What are some of the key settings?
Note: There are 2 correct answers to this questions.

Business transaction variant

Document type

Field status variant

Document number range

NEW QUESTION 55
Asset Accounting
How do you identify an asset master record as an asset under construction?

The asset belongs to a specific asset class

The ordinary depreciation start date is empty

The depreciation key is empty

The asset capitalization date is empty

NEW QUESTION 56
You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation.
Which of the following setting would lead to an error?

Area posts depreciation only

Area posts APC immediately, depreciation periodically

Area posts in real time

Area posts not post

NEW QUESTION 57
You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities.
Which organizational unit do you need to create for each legal entity?

Segment

Company Code

Consolidation unit

Company

NEW QUESTION 58
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?

Posting from CO to FI

posting to special putpose ledge

Posting to the extension ledge

Posting to special periods

NEW QUESTION 59
How does an automatic intercompany asset transfer work?

It assumes that the transfer happens between two independent legal entities

It determines the relationship type automatically, using the company code

determines the relationship type automatically, using the company ID

It does NOT allow a transfer to happen within a single legal entity

Loading …

The SAP C_TS4FI_2021 exam consists of 80 multiple-choice questions that must be completed in a time limit of 180 minutes. The exam is available in several languages, including English, German, French, and Spanish. Candidates who pass the exam receive the SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates certification, which is recognized globally as a standard of excellence in financial accounting.

C_TS4FI_2021 certification guide Q&A from Training Expert PrepAwayPDF: https://www.prepawaypdf.com/SAP/C_TS4FI_2021-practice-exam-dumps.html

C-S4CAM-2108 Dumps PDF New [2022] Ultimate Study Guide [Q16-Q37]
Get 2022 Updated Free SAP C_SEN_2011 Exam Questions & Answer [Q46-Q65]
C_HANADEV_17 Dumps PDF New [2022] Ultimate Study Guide [Q47-Q69]
Download the Latest C_S4CS_2111 Dumps – 2022 C_S4CS_2111 Exam Questions [Q80-Q103]

[May-2023] Verified C_TS4FI_2021 dumps Q&As – C_TS4FI_2021 dumps with Correct Answers [Q38-Q59]

admin

Leave a Reply Cancel reply

Related posts:

admin

You might also like

Leave a Reply Cancel reply