SAP C_TS4FI_2023 Exam Questions Instant Access

Question 1

On what level can you restrict postings using the posting period variant? Note: There are 2 correct answe-rs to this que-stion.

AFixed asset number

BG/L account

CCustomer reconciliation account

DSupplier account

Answer : B, D

Question 2

Where do you assign the group chart of accounts?

ACompany code

BGeneral ledger account

CCompany

DOperating chart of accounts

Answer : D

Question 3

On which level do you maintain the currency translation ratio between two currencies?

AExchange rate type

BDocument type

CValuation type

DCurrency type

Answer : A

Question 4

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 5

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?

ABalance confirmation

BAccount statement

CBalance request

DBalance notification

Answer : D

Question 6

You run a financial statement report and notice the net profit calculated is different than what you expect. What could cause the issue?

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

AYou selected account group assignment by balance for an account and it is displayed as a liability.

BYou have accounts that you have not assigned in the financial statement version.

CYou have added an account to the liabilities node that belongs to the financial statement notes.

DYou have added an account to the wrong node and it is included in the assets section.

Answer : B, D

Question 7

What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answe-rs to this que-stion.

ADetermine the exchange rate type

BDefine the document type for the valuation posting

CDetermine the G/L accounts for the valuation posting

DDefine the posting and reversal date for the valuation posting

EDefine the valuation procedure

Answer : A, B, E

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