Best SAP C_TS4FI_2021 Dumps [2023] With Real Exam Questions

Jonnie Karnath2023-04-13T08:01:42+00:00

Do you want to ensure your success and pass the C_TS4FI_2021 exam on your first attempt? One of the biggest advantages of using the SAP C_TS4FI_2021 dumps is that it is updated regularly to ensure that it reflects the latest exam trends and requirements. This means that you can be sure that the SAP C_TS4FI_2021 dumps you are studying are up-to-date and relevant to the exam you are preparing for. In addition to providing you with real exam questions and answers, the SAP C_TS4FI_2021 dumps also include practice tests and quizzes that are designed to simulate the actual exam experience. This will help you get a feel for the exam format, as well as identify areas where you may need to focus your study efforts.

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1. How can you create an asset under construction? Note: There are 2 correct answers to this questions.

Automatically, when setting capex cost from an internal order

Automatically, when creating an investment measure

Automatically, when setting capex cost from a WBS element

Manually (transaction AS01), using a specific asset class

2. You are responsible for configuring document splitting.

What are some of the key settings? Note: There are 2 correct answers to this questions.

Business transaction variant

Document type

Field status variant

Document number range

3. Which of the following statements are valid for financial document number ranges? Note: There are 3 correct answers to this questions.

The same financial document number range can be assigned to several document type

All financial document number ranges can contain numbers and/or letters

Financial document number ranges defined at client level should NOT overlap

Financial document number ranges are defined at company code level

Financial document number ranges must be defined for the year in which they are used

4. Which closing activities are performed for external reporting as per SAP best practices? Note: There are 3 correct answers to this questions.

Run plan assessment cycles for profit center

Perform flat rate value adjustment for receivables

Preform valuations of open items in foreign currency

Perform a top-down distribution in margin analysis

Regroup receivables and payables on the balance sheet

5. How does the system perform the normal reversal of a journal entry?

It creates an inverse posting by resenting the transaction figures for cleared documents.

It creates an inverse posting by increasing the transaction figures.

It creates an inverse posting by decreasing the transaction figures.

It creates an inverse posting by resenting the transaction figures.

6. What items are NOT cleared by automatic clearing program? Note: There are 3 correct answers to this questions.

Items with- sales and use tax

Statistical postings

Items with withholding tax

Noted items

Items with value-added tax

7. You are getting ready to post you first simple general ledger document using the SAP Fiori app for posting in the test environment.

What configuration items do you need to set up to post a simple document? Note: There are 2 correct answers to this questions.

Line item text templates must be maintained

The posting period variant must be created and assigned

Number range and document types must be maintained

Automatic account determination must be maintained

8. Your SAP S4/HANA system is integrated with controlling, You perform cost-of-sales accounting and you profit and loss per profit center.

When posting a supplier invoice to a primary cost account, wich field is mandatory by standard procedures?

Functional area

Segment

Business area

Profitability segment

9. You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation.

Which of the following setting would lead to an error?

Area posts depreciation only

Area posts APC immediately, depreciation periodically

Area posts in real time

Area posts not post

10. Which of the following statement best describe a noted item? Note: There are 2 correct answers to this questions.

It has an automatic statistical offsetting entry

It updates the subledger and the general ledger

It can be used to remind the user about due payments

It can be accessed by the payment program

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11. Which statements best describe a profit center? Note: There are 2 correct answers to this questions.

It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

It is the only object from which segments can be uniformly derived.

It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

It is the only object that can be uniformly derived using segments.

12. What difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle

Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle

Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions

Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area

13. You want to configure the default baseline data for the payment terms of an incoming invoice.

From which date can you derive the baseline date? Note: There are 3 correct answers to this questions.

Posting date

Document date

Value date

Entry date

Goods receipt date

14. Which of the following statement best describes how customer down payments are integrated with Sales & Distribution (SD)

A dowm payment request is created as an SD sales order, which is automatically posted in FI as a noted item.

A dowm payment request is created as a SD billing document, which is automatically posted in FI as a noted item.

A dowm payment request is created as an FI noted item, which automatically generates an SD billing document.

A dowm payment request is created as an FI noted item, which automatically generates an SD sales order.

15. Which field can you change on a posted invoice?

Baseline date

Tax code

Special G/L indicator

Statistical internal order

16. Which of the following should you consider when defining asset number range? Note: There are 2 correct answers to this questions.

Each asset number range must be assigned to unique asset class

Asset number ranges are defined at chat of depreciation level

Asset number ranges are defined for asset classes and are company code specific

Each asset class can be have either an internal or external number range

17. How does an automatic intercompany asset transfer work?

It assumes that the transfer happens between two independent legal entities

It determines the relationship type automatically, using the company code

determines the relationship type automatically, using the company ID

It does NOT allow a transfer to happen within a single legal entity

18. What area of the benefits of how data handled in SAP S/4HANA? Note: There are 2 correct answers to this questions.

The data is aggregated in real time from any line item table.

The data is constantly auto-archived to optimize memory usage.

The data is available in real time at line item detail.

The data is summarized into higher levels of aggregates to accelerate system performance.

19. You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities.

Which organizational unit do you need to create for each legal entity?

Segment

Company Code

Consolidation unit

Company

20. What are the characteristics of a company in SAP S/4HANA? Note: There are 2 correct answers to this questions.

It is responsible for costs and revenues within an organization.

It can be assigned to a company code.

It represents separate areas of operation within an organization.

It is considered for consolidation.

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21. Which information is part of the Bank Master Data? Note: There are 2 correct answers to this questions.

Data Medium Exchange (DME) details

Control data

Information for electronic payment transactions

Address details

22. You are a group cash manager interested in the North American business market

What ate the personalization options available to you in SAP Fiori? Note: There are 2 correct answers to this questions.

You can manage user access to relevant apps for your team without help from an administrator

You can adapt the launchpad color theme according to predefined values for the cash report

You can create a title to take you directly to the cash position of the North America business market

You can create a title group with all the apps required for you daily business for easy access

23. What do you define when configuring asset classes? Note: There are 3 correct answers to this questions.

Transaction types

Number ranges

Screen layout rule

Posting keys

Account determination

24. 1.What does the document type control? Note: There are 3 correct answers to this questions.

Whether postings to special periods are permitted

Which posting keys are allowed for postings

whether postings to secondary cost accounts are permitted

Which account type are allowed for postings

Whether negative posting are permitted

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