SAP C_TS4FI_2023 Exam Questions Instant Access

Question 1

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

Question 2

What is the prerequisite for a G/L account to switch off open item management for it?

AIt has been blocked against postings.

BIt has not been posted to.

CIt has no open items.

DIt has a zero balance.

Answer : D

Question 3

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed.

What account does the system use to post the valuation differences?

AIndividual supplier accounts with special G/L indicator

BAlternative reconciliation G/L account

CAdjustment G/L account for foreign currency

DSupplier reconciliation G/L account

Answer : C

Question 4

What separates the leading ledger from other parallel standard ledgers?

AIt is used for performing segment reporting.

BIt doesn't derive values from other ledgers.

CIt is used to represent the group valuation

DIt is assigned to all company codes.

Answer : B

Question 5

Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.

Which organizational unit do you need to create for the permanent establishment in Switzerland?

ACompany code

BProfit center

CBusiness area

DSegment

Answer : A

Question 6

What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answe-rs to this que-stion.

AThe segment is automatically updated in existing asset master data.

BThe segment appears in the screen layout for asset master data.

CThe segment appears in the additional account assignment configuration.

DThe segment activation can be reversed.

Answer : B, C

Question 7

Which SAP Fiori apps can be run on any database? Note: There are 2 correct answe-rs to this que-stion.

AManage Chart of Accounts

BCustomer Accounting Document

CMake Bank Transfers

DAccounts Payable Overview

Answer : A, C

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