SAP C_TS4FI_2023 Exam Questions Instant Access

Question 1

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 2

You want to implement purchase order accruals in SAP S/4HAN

AWhich of the following use cases are relevant?
Note: There are 2 correct answe-rs to this que-stion.

APurchase of fixed assets (using direct capitalization method)

BPurchase of consumable materials

CPurchase of raw materials for inventory

DPurchase of services

Answer : B, D

Question 3

You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored. What are the reasons?

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

AThe credit memo was entered in Financial Accounting.

BThe credit memo was created without reference to an invoice.

CThe field 'Reference' of the credit memo is blank.

DThe due date determined based on the entered payment terms is in the past.

Answer : B, D

Question 4

What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answe-rs to this que-stion.

AEstablish regular housekeeping tasks and procedures.

BIntegrate clean core practices in the end-to-end value process chain.

CEstablish release management.

DDefine roles and responsibilities as part of a process transformation office.

EEstablish an organizational structure, technical foundation, and transformation methodology for clean core.

Answer : A, B, D

Question 5

Which of the following objects is only a statistical account assignment for cost postings to an asset?

AWBS element

BCost center

CInternal order

DProfit center

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

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA?

Note: There are 3 correct answe-rs to this que-stion.

ASecondary costs resulting from an assessment

BPlan depreciation amounts

CPrimary costs resulting from a distribution

DBudgeted costs for a cost center

EIntercompany postings

Answer : A, C, E

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