SAP C_TS4FI_2023 Exam Practice Test Instant Access

Question 1

On which level do you maintain the currency translation ratio between two currencies?

AExchange rate type

BDocument type

CValuation type

DCurrency type

Answer : A

Question 2

You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?

APosting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.

BPosting is done in FI-AA and in FI-GL online and in real time.

CPosting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.

DPosting is not done in FI-AA and in FI-GL until the depreciation posting program has run.

Answer : C

Question 3

Which of the following can you use to explore released APIs?

ASAP Integration Suite

BSAP Business Accelerator Hub

CSAP Application Interface Framework

Answer : B

Question 4

Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering whether it could address their needs.

For which purposes can ICMR be useful?

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

ATo trigger elimination of intercompany revenues & costs based on rules configured

BTo generate automatic elimination of intercompany AR/AP balances

CTo generate automatic posting to correct intercompany discrepancy

DTo highlight and solve intercompany data discrepancy triggering a workflow

Answer : C, D

Question 5

Where do you assign the currency type?

ACompany

BAccounting principle

CLedger

DValuation area

Answer : C

Question 6

You post an incoming payment from a customer with a residual item for a payment difference. What are the consequences?

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

AThe residual item is written off to a cost account.

BThe residual item becomes a new receivable.

CThe original document and the payment are cleared.

DBoth the original open item and the residual item remain on the account as open items.

Answer : B, C

Question 7

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

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