SAP C_TS4FI_2021 Exam Practice Test Instant Access

Question 1

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.

AIt's possible to post credit memos, ever after assets under construction are fully capitalized

BIt's possible to post special tax depreciation and investment support for assets under construction

CIt's possible to to use asset under construction with investment management

DIt's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction

Answer : A, B

Question 2

You forgot to add a new general ledger account to the financial statement version.

What impact does this have on the net profit and net loss?

AThe balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation

BThe balance of the new account is added to the in the financial statement item section and is included from the calculation

CThe balance of the new account is added to the non-assigned selection and excluded in the calculation

DThe balance of the new account is added to the non-assigned selection and included in the calculation

Answer : C

Question 3

You post a purchase order.

For which expenses does the system calculate accruals?

Note: There are 2 correct answers to this questions.

AConsulting Services

BInsurance premiums

CFixed asset purchases

DRaw material purchases

Answer : C, D

Question 4

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.

AYou want to deploy SAP S/4HANA Cloud.

BYou want to use document splitting for the General Ledger.

CYou want to integrate the system with SAP Business Technology Platform.

DYou want to clean up your system and use SAP Best Practices.

Answer : A, D

Question 5

Which of the following are valid settlement receives, when you perform settlement for an asset under construction, on a line item basis?

Note: There are 2 correct answers to this questions.

AProfit center

BFixed asset

CCost center

DFunctional area

Answer : B, C

Question 6

For which special G/L indicator do you specify a target special G/L indicator?

ABill of exchange

BVendor down-payment request

CCustomer down-payment

DGuarantee given

Answer : B

Question 7

How does the system determine the correspondence type of a payment notice?

AAccording to the tolerance group, as long as all tolerance groups carry the same correspondence type

BAccording to the reason code, as long as all tolerance groups carry the same correspondence type

CAccording to the reason code, as all reason codes carry the same correspondence type

DAccording to the tolerance group, as all reason codes carry the same correspondence type

Answer : B

SAP C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Exam Practice Test