SAP C_TS4FI_2023 Exam Practice Test Instant Access

Question 1

What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?

ASetting the company code status for legacy data transfer

BPosting the summary write off in G/L

CCreation of master data

DPosting of take over values

Answer : D

Question 2

You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation specified in the asset master data.

How do you achieve this?

ABy changing the corresponding error into a warning via configuration

BBy removing the cost center from the asset master data

CBy creating a substitution in Financial Accounting line items

DBy setting the ''identical'' parameter as not activated in the account assignment configuration

Answer : A

Question 3

From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answe-rs to this que-stion.

ABalance Sheet Account

BSecondary Costs

CNon-operating Expense or Income

DPrimary cost or Revenue

ECash account

Answer : B, C, D

Question 4

Which items are taken into account during foreign currency valuation? Note: There are 2 correct answe-rs to this que-stion.

ABalance valuation on items for balance sheet accounts not defined as open item management

BLine item valuation for balance sheet accounts not defined as reconciliation account

CBalance valuation on items for balance sheet accounts defined with ledger group specific open item management

DLine item valuation for balance sheet accounts defined as open item management

Answer : C, D

Question 5

You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisites must be met?

Note: There are 2 correct answe-rs to this que-stion.

AThe account is a balance sheet account.

BThe account is defined as a reconciliation account for fixed assets.

CThe account is defined as open item managed.

DThe account is defined in the account determination for each asset class.

Answer : A, B

Question 6

You are trying to extend a G/L account to a new company code but are getting an error for incomplete dat

a. All customizable in the field status.

Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answe-rs to this que-stion.

AAccount currency

BField status group

CSort key

DAccount number

Answer : A, B

Question 7

Which object is used to directly support the preparation for consolidation?

AFunctional Areas

BSegments/Profit Centers

CCompany/Trading Partner

DLedgers/Ledger Groups

Answer : C

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting C_TS4FI_2023 Exam Practice Test