C_TS4FI_2021 exam

Which of the following is technical year-end closing activity in SAP S4/HANA?A . Foreign currency valuation must be postedB . Accruals must be postedC . Balance sheet adjustments must be postedD . Ledger balances must be carried forwardView AnswerAnswer: D

What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise) Note: There are 3 correct answers to this questions.A . Code lineB . Configuration optionsC . Data modelD . User experienceE . Upgrade intervalsView AnswerAnswer: A,C,D

which characteristics maps the business partner to the customer and supplier account groups?A . Business partner roleB . Business partner account groupC . Business partner groupingD . Business partner viewView AnswerAnswer: C

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.A . Line item text...

How does SAP S4/HANA support the treatment of taxes? Note: There are 3 correct answers to this questions.A . It checks the tax amount entered and automatically calculates the taxB . It post the tax amount to tax accountsC . It checks the tax codes and automatically updates the taxes...

You perform foreign currency valuation for open items of you supplier accounts. The valuations will be used only for period end reposting and should them be reversed. What account does the system use to post the valuation differences?A . Alternative reconciliation G/L accountB . Individual supplier accounts with special G/L...

What does the document splitting funtion do? Note: There are 2 correct answers to this questions.A . It enriches all relevant balance sheet account lines with the defined splitting characteristics.B . It ensure that you can create complete financial reports per profit center if it is required by the business.C...

Which statement best describe extension ledgers in SAP S/4HANA? Note: There are 2 correct answers to this questions.A . Multiple extension ledgers can point to the same underlying ledgerB . Extension ledgers can be assigned their own fiscal year variantC . Extension ledgers can be assigned their own posting period...

Which date is used to determine the depreciation star date?A . Baseline dateB . Acquisition dateC . Posting dateD . Asset value dateView AnswerAnswer: B

You want to edit a dunning proposal. Which actions can you perform? Note: There are 3 correct answers to this questions.A . Block an account.B . Raise the dunning level of an item.C . Change a document.D . Lower the dunning level of an item.E . Block a I ine...