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

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 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 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

You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number.

After reversing the document, what do you need to change when reposting the document?

AAssignment

BDocument type

CDocument number

DPosting key

Answer : B

Question 6

You post a vendor invoice for asset acquisition without reference to a purchase order. Which accounting documents are generated?

AOne document per accounting principle & one document for all accounting principles

BSeparate documents for each and every accounting principle

COne document for all accounting principles

DOne document per accounting principle

Answer : A

Question 7

You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your SAP S/4HANA system in a single client. The others use separate legacy systems.

How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

C15

D10

Answer : B

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