C_TS4FI_2021 exam

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

Asset Accounting "In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalize in a single accounting priciple. If you use the application to post integrated asset acquisitions, how many documents will the system post?"A . 3B...

What are the maintenance levels of a screen layout rule for asset master data? Note: There are 3 correct answers to this questionA . Main asset numberB . Asset sub numberC . Group assetD . Depreciation areaE . Asset classView AnswerAnswer: A,B,E

What is the purpose of period interval 3 when you define open and closed periods?A . Posting to special periodsB . Authorization control for posting periodsC . Posting from CO to FlD . Posting to special purpose ledgerView AnswerAnswer: C

What is the purpose of the chart of depreciation?A . The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.B . The chart of depreciation defines the asset classes for which you can create fixed assetsC . The chart of depreciation manages country-specific legal valuation...

Asset Accounting "Which of the following should you consider when defining asset number ranges? Note: There are 2 correct answers to this question."A . Each asset class can have either an internal or external number range.B . Asset number range are defined at chart of depreciation level.C . Asset number...

"Organizational Assignments and Process Integration " "You are running an international business and you want to separate legal entities to run operations and perform accounting activities. Which organizatinal unit do you need to create for each legal entity?"A . Business AreaB . Consolidation UnitC . CompanyD . Company CodeView AnswerAnswer:...

Accounts Payable & Accounts Receivable Which business partner characteristic is mapped to the customer and supplier account groups?A . Business partner typeB . Business partner account groupC . Business partner groupingD . Business partner roleView AnswerAnswer: B

Accounts Payable & Accounts Receivable "Which parameters can you specify directly when you create a new correspondence type? Note: There are 3 correct answers to this question."A . Account requiredB . Document number requiredC . Reason code requiredD . Number of date fields requiredE . Company code requiredView AnswerAnswer: A,B,D

General Ledger Accounting "Which prerequisites must be fulfilled to allow fot negative posting of journal entry? Note: There are 2 correct answers to this question"A . The posting key must allow nagative postings.B . The company code must allow negative postings.C . The reversal acccount must be configured to allow...