[Oct-2024] C-TS4FI-2023 Free Sample Questions to Practice One Year Update
Download C-TS4FI-2023 exam with SAP C-TS4FI-2023 Real Exam Questions
NEW QUESTION # 33
The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HANA. How does it work?
- A. The invoice needs to be created in reference to the goods receipt.
- B. The goods receipt needs to be created in reference to the purchase order.
- C. The 3 logistical steps each generate financial documents.
- D. The purchase order needs to be created in reference to a purchase request.
Answer: B
NEW QUESTION # 34
You try to assign an alternative account to a G/L account but receive an error message. What can be the reason?
- A. The alternative account has not been created for the company code.
- B. The alternative account is already assigned to another G/L account for the company code.
- C. You have not assigned the alternative chart of accounts to your company.
- D. You have not assigned the alternative chart of accounts to your operational chart of accounts.
Answer: B
NEW QUESTION # 35
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.
- A. It is a solution that can be integrated with Group Reporting.
- B. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
- C. It is a solution embedded in the SAP S/4HANA core.
- D. It is a solution that facilitates transaction matching between systems in Central Finance.
Answer: A,C
NEW QUESTION # 36
As a pre-closing activity, selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?
- A. Balance request
- B. Account statement
- C. Balance confirmation
- D. Balance notification
Answer: C
NEW QUESTION # 37
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
- A. Customer Accounting Document
- B. Make Bank Transfers
- C. Accounts Payable Overview
- D. Manage Chart of Accounts
Answer: C,D
NEW QUESTION # 38
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. Primary costs resulting from a distribution
- B. Plan depreciation amounts
- C. Budgeted costs for a cost center
- D. Secondary costs resulting from an assessment
- E. Intercompany postings
Answer: A,B,E
NEW QUESTION # 39
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?
- A. Posts APC real time and depreciation periodically
- B. Does not post to G/L
- C. Posts to G/L in real time
- D. Posts to G/L periodically
Answer: A
NEW QUESTION # 40
When defining a new standard ledger, which action must you take to manually post a general journal entry to it?
- A. Assign a chart of accounts to the ledger
- B. Include the ledger in a ledger group
- C. Define the underlying ledger
- D. Assign the ledger to a company code
Answer: D
NEW QUESTION # 41
At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.
- A. Client
- B. Country
- C. Exchange rate type
- D. Company code
Answer: A,C
NEW QUESTION # 42
How does the system determine the relevant accounting principle when performing foreign currency valuation?
- A. Via the valuation method
- B. Via the valuation area
- C. Via the valuation type
- D. Via the valuation class
Answer: A
NEW QUESTION # 43
In the standard sales process, when is the COGS posting generated in Financial Accounting?
- A. Create delivery document
- B. Issue customer invoice
- C. Create billing document
- D. Do PGI (Post Goods Issue)
Answer: D
NEW QUESTION # 44
You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.
- A. The field "Reference" of the credit memo is blank.
- B. The credit memo was created without reference to an invoice.
- C. The due date determined based on the entered payment terms is in the past.
- D. The credit memo was entered in Financial Accounting.
Answer: B,D
NEW QUESTION # 45
You define the technical clearing account for Integrated Asset Acquisition in Customizing.
Which prerequisites must be met? Note: There are 2 correct answers to this question.
- A. The account is defined as open item managed.
- B. The account is defined in the account determination for each asset class.
- C. The account is defined as a reconciliation account for fixed assets.
- D. The account is a balance sheet account.
Answer: C,D
NEW QUESTION # 46
What are the consequences of the activation of segment reporting in ? Note: There are 2 correct answers to this question.
- A. The segment appears in the additional account assignment configuration.
- B. The segment activation can be reversed.
- C. The segment appears in the screen layout for asset master data.
- D. The segment is automatically updated in existing asset master data.
Answer: C,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 a real internal order in the asset master data which you settle periodically to two cost centers.
- B. You assign two real cost centers 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 cost center and a statistical cost center in the asset master data.
Answer: A
NEW QUESTION # 48
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 original document and the payment are cleared.
- B. The residual item is written off to a cost account.
- C. The residual item becomes a new receivable.
- D. Both the original open item and the residual item remain on the account as open items.
Answer: C,D
NEW QUESTION # 49
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