SAP C_TS4FI_2023 Exam Questions Instant Access

Question 1

Where do you assign the currency type?

ACompany

BAccounting principle

CLedger

DValuation area

Answer : C

Question 2

Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".

What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answe-rs to this que-stion.

AProfit centers

BSegments

CDocument splitting

DProfitability segments

EBusiness areas

Answer : A, B, E

Question 3

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 4

Your system uses parallel currencies.

What is the posting indicator of the depreciation area for the parallel currency?

ADoes not post to G/L

BPosts to G/L in real time

CPosts to G/L periodically

DPosts APC real time and depreciation periodically

Answer : B

Question 5

When defining a new standard ledger, which action must you take to manually post a general journal entry to it?

AAssign the ledger to a company code

BAssign a chart of accounts to the ledger

CDefine the underlying ledger

DInclude the ledger in a ledger group

Answer : B

Question 6

Where can you see the matching results from the Intercompany Matching and Reconciliation tool?

AIn the Consolidation Journal table (ACDOCU)

BIn an application specific table (ICADOCM)

CIn the Accounting Document Segment table (BSEG)

DIn the Universal Journal table (ACDOCA)

Answer : B

Question 7

In which scenarios is the technical clearing account posted? Note: There are 2 correct answe-rs to this que-stion.

AValuated goods receipt on a purchase order with an asset as account assignment

BAsset transfer posting between asset classes

CDirect asset acquisition posting with a vendor invoice (not linked to a purchase order)

DSettlement of an investment order to an asset under construction

Answer : A, C

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