SAP C_TS4FI_2021 Practice Verified Answers - Pass Your Exams For Sure! [2023]
Valid Way To Pass SAP Certified Application Associate's C_TS4FI_2021 Exam
SAP C-TS4FI-2021 certification is recognized globally and can open up new career opportunities for professionals in the financial accounting field. Certified professionals can demonstrate their knowledge of SAP S/4HANA Financial Accounting processes and can contribute to the success of their organization. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) certification can also lead to higher salaries and promotions.
SAP C-TS4FI-2021 exam covers a range of topics, including financial accounting basics, financial closing processes, accounts payable and accounts receivable processes, asset accounting processes, and financial reporting processes. C_TS4FI_2021 exam is designed to test the candidate's ability to configure and implement SAP S/4HANA Financial Accounting, as well as their proficiency in using the platform's various functionalities. Passing C_TS4FI_2021 exam demonstrates that the candidate has the skills and knowledge necessary to become an SAP Certified Application Associate in SAP S/4HANA Financial Accounting, ensuring that they are well-equipped to handle the challenges of financial accounting in the digital age.
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 lines?
Note: There are 2 correct answers to this questions.
- A. Definition of validation rules
- B. Assignment of default segments to G/L accounts
- C. Standard account assignment, using constants
- D. BADI implementation (FAGL_DERIVE_SEGMENT)
Answer: B,D
NEW QUESTION # 39
You are asked to explain how assets under construction work in SAP S4/HANA What should you highlight?
Note: There are 2 correct answers to this questions.
- A. It's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction
- B. It's possible to post special tax depreciation and investment support for assets under construction
- C. It's possible to to use asset under construction with investment management
- D. It's possible to post credit memos, ever after assets under construction are fully capitalized
Answer: B,D
NEW QUESTION # 40
Accounts Payable & Accounts Receivable
For which special G/L indicator do you specify a target special G/L indicator?
- A. Customer down payment
- B. Vendor down payment request
- C. Bill of exchange
- D. Guarantee given
Answer: B
NEW QUESTION # 41
General Ledger Accounting
"Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question"
- A. The reversal reason must be configured to allow nagative postings.
- B. The posting key must allow nagative postings.
- C. The reversal acccount must be configured to allow nagative postings.
- D. The company code must allow negative postings.
Answer: A,D
NEW QUESTION # 42
Which date is used to determine the depreciation star date?
- A. Asset value date
- B. Baseline date
- C. Acquisition date
- D. Posting date
Answer: A
NEW QUESTION # 43
Accounts Payable & Accounts Receivable
Which parameter indicates that a line item can only be dunned with restrictions?
- A. Group key
- B. Dunning area
- C. Dunning block reason
- D. Dunning key
Answer: D
NEW QUESTION # 44
What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
Note: There are 2 correct answers to this questions.
- A. You want to clean up your system and use SAP Best Practices.
- B. You want to deploy SAP S/4HANA Cloud.
- C. You want to integrate the system with SAP Business Technology Platform.
- D. You want to use document splitting for the General Ledger.
Answer: A,B
NEW QUESTION # 45
Which of the following statement best describe a noted item?
Note: There are 2 correct answers to this questions.
- A. It can be used to remind the user about due payments
- B. It updates the subledger and the general ledger
- C. It can be accessed by the payment program
- D. It has an automatic statistical offsetting entry
Answer: A,C
NEW QUESTION # 46
To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question.
- A. Create template
- B. Create task groups
- C. Release task list
- D. Define task dependencies
- E. Define person responsible for tasks
Answer: A,B,D
NEW QUESTION # 47
"Organizational Assignments and Process Integration " "You define custom currency type Zl for your company code. Which currency types must be stored in the Data Entry view? Note: There are 2 correct answers to this question."
- A. Company code currency
- B. Custom currency type Zl
- C. Document currency
- D. Hard currency
Answer: A,C
NEW QUESTION # 48
Asset Accounting
"Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line Item basis?
Note: There are 2 correct answers to this question."
- A. Profit center
- B. Fixed asset
- C. Cost center
- D. Functional area
Answer: B,C
NEW QUESTION # 49
Financial Closing
"What are the features of the Accrual Engine in SAP S/4HANA?
Note: There are 2 correct answers to this question"
- A. Accrual postings with a maximum of two line items are supported
- B. All accrual calculations must be reviewed and approved before posting
- C. The fiscal year variant of the general ledger is supported
- D. All currencies of the general ledger are supported
Answer: C,D
NEW QUESTION # 50
Which field can you change on a posted invoice?
- A. Statistical internal order
- B. Special G/L indicator
- C. Basel ine date
- D. Tax code
Answer: C
NEW QUESTION # 51
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
- A. Posting to special periods
- B. Posting to the extension ledge
- C. Posting from CO to FI
- D. posting to special putpose ledge
Answer: C
NEW QUESTION # 52
You want to configure the default baseline data for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this questions.
- A. Goods receipt date
- B. Posting date
- C. Document date
- D. Value date
- E. Entry date
Answer: B,C,E
NEW QUESTION # 53
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SAP C_TS4FI_2021 certification exam is designed for individuals who want to validate their knowledge and skills in SAP S/4HANA for Financial Accounting Associates. It is a globally recognized certification that demonstrates your competency and expertise in SAP Financial Accounting, and it is ideal for professionals who are seeking a career in finance or accounting.
SAP C_TS4FI_2021 Pre-Exam Practice Tests | TestKingFree: https://www.testkingfree.com/SAP/C_TS4FI_2021-practice-exam-dumps.html
C_TS4FI_2021 practice test questions, answers, explanations: https://drive.google.com/open?id=1KaL4nSeR8WAs2x5y_KaQyPz7wa5Fn-zO