New 2021 Latest Questions C-TS4FI-2020 Dumps - Use Updated SAP Exam [Q103-Q127]

New 2021 Latest Questions C-TS4FI-2020 Dumps - Use Updated SAP Exam

Latest C-TS4FI-2020 Exam Dumps SAP Exam from Training Expert PrepAwayTest

NEW QUESTION 103
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend?
Response:

• A. Noted items
• B. Statistical postings
• C. Bill of exchange
• D. Free offsetting entries

Answer: A

 

NEW QUESTION 104
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false.
Response:

• A. True
• B. False

Answer: B

 

NEW QUESTION 105
Which two reports should you use to create correspondence to and from customers and vendors to enable you to verify the balance of receivables and payables?
There are 2 correct answers to this question.
Response:

• A. SAPF130D
• B. SAPF130K
• C. SAPF130E
• D. SAPF130L

Answer: A,B

 

NEW QUESTION 106
Which data can you edit in the payment proposal?
Note: There are 3 correct answers to this question.
Response:

• A. Payment block
• B. Invoice amount
• C. House bank
• D. Cash discount
• E. Payee

Answer: A,C,D

 

NEW QUESTION 107
Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?
Response:

• A. In the screen layout of the depredation area
• B. In the screen layout of the asset master record
• C. In the account determination of the asset class
• D. In the asset master record of the main asset

Answer: A

 

NEW QUESTION 108
Identify the application areas where validations and substitutions can be used.
There are 2 correct answers to this question.
Response:

• A. FI - Financial Accounting
• B. CO - Cost Accounting
• C. SD - Sales and Distribution
• D. AA - Asset Accounting

Answer: A,B

 

NEW QUESTION 109
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Response:

• A. Dunning procedure
• B. Dunning key
• C. Dunning block
• D. Dunning interval
• E. Dunning area

Answer: A,C,E

 

NEW QUESTION 110
What is the purpose of the group account number in General Ledger account master data maintenance?
Response:

• A. it is used for cross-company-code reporting if the company codes use different charts of account.
• B. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.
• C. It determines the fields in the entry screen when you create or update a master record in the company code
• D. It defaults the number interval that is applied for the G/L account number in the company code.

Answer: A

 

NEW QUESTION 111
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.
There are 3 correct answers to this question.
Response:

• A. Maintain the parameters.
• B. Start the dunning printout.
• C. Change the dunning proposal.
• D. Schedule the dunning run.

Answer: A,C,D

 

NEW QUESTION 112
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
Response:

• A. SAP S/4HANA on-premise
• B. SAP S/4HANA Finance
• C. SAP S/4HANA Cloud
• D. SAP S/4HANA with Central Finance

Answer: C

 

NEW QUESTION 113
Which entries do you define when maintaining a G/L account?
There are 3 correct answers to this question.
Response:

• A. Ledger assignment
• B. Account group
• C. Account Type
• D. Field status group
• E. Profit center

Answer: B,C,D

 

NEW QUESTION 114
What data do you maintain in the chart of accounts sections of a General Ledger account?
Response:

• A. Consolidation data
• B. User data
• C. Reconciliation data
• D. Authorization data

Answer: A

 

NEW QUESTION 115
For which special G/L indicator do you specify a target special G/L indicator?
Please choose the correct answer.
Response:

• A. Vendor down payment request
• B. Guarantee given
• C. Bill of exchange
• D. Customer down payment

Answer: A

 

NEW QUESTION 116
How can you post accruals?
Note: There are 3 correct answers to this question.
Response:

• A. Execute the periodic accrual run.
• B. Run the depreciation program.
• C. Use the recurring entry program.
• D. Reclassify the receivables and payables.
• E. Post manually at the end of a period, quarter, or year.

Answer: A,C,E

 

NEW QUESTION 117
Which field can you change on a posted invoice?
Please choose the correct answer
Response:

• A. Cost center
• B. Tax code
• C. Special G/L indicator
• D. Payment terms

Answer: D

 

NEW QUESTION 118
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight?
There are 2 correct answers to this question.
Response:

• A. It is possible to post special tax depreciation and investment support for assets under construction.
• B. It is possible to post credit memos, even after assets under construction are fully capitalized.
• C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
• D. It is impossible to use assets under construction with Investment Management.

Answer: A,B

 

NEW QUESTION 119
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
Response:

• A. Reconciliation accounts
• B. Secondary costs
• C. Field status group
• D. Balance sheet
• E. Non-operating expense or income

Answer: B,D,E

 

NEW QUESTION 120
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question.

• A. It is possible to post special tax depreciation and investment support for assets under construction.
• B. It is possible to post credit memos, even after assets under construction are fully capitalized.
• C. It is impossible to use assets under construction with Investment Management.
• D. It is possible tocalculate and post depreciation in the balance sheet depreciation area for assets under construction.

Answer: A,B

 

NEW QUESTION 121
Which edition of SAP S/4HANA introduced the universal journal?
Please choose the correct answer.
Response:

• A. SAP Business Suite powered by SAP HANA
• B. SAP S/4HANA Finance 1503
• C. SAP S/4HANA Cloud
• D. SAP S/4HANA 1511

Answer: A

 

NEW QUESTION 122
Which deployment options exist for SAP S4HANA?
Note: There are 3 correct answers to this question.
Response:

• A. Agile deployment
• B. Hybrid deployment
• C. Central hub deployment
• D. Cloud deployment
• E. On-premise deployment

Answer: B,D,E

 

NEW QUESTION 123
What do you need to do to configure a new exchange rate type in SAP S/4HANA?
There are 2 correct answers to this question.
Response:

• A. Specify the direct or indirect quotation.
• B. Specify a purpose for the exchange rate type.
• C. Set up the relationship between currencies using translation ratios.
• D. Maintain exchange rates daily.

Answer: B,C

 

NEW QUESTION 124
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?
Response:

• A. Depreciation key
• B. Chart of depreciation
• C. Depreciation area
• D. Valuation area

Answer: C

 

NEW QUESTION 125
Which closing activities are used in external reporting as per SAP best practices?
There are 2 correct answers to this question.
Response:

• A. Execute the plan cost center assessment cycle.
• B. Reclassify receivables and payables.
• C. Perform valuations of open items in foreign currency.
• D. Update product cost estimates.

Answer: B,C

 

NEW QUESTION 126
Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.
Response:

• A. Configure the paying company codes
• B. Configure the G/L account field status for document entry
• C. Configure the house banks
• D. Configure the payment methods for each company code

Answer: A,C,D

 

NEW QUESTION 127
......

SAP C-TS4FI-2020 Exam Syllabus Topics:

Topic	Details
Topic 1	Determine and configure cost object controlling - planning and actuals Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis)
Topic 2	Define, create and configure cost centers, cost center hierarchies and cost center groups Define scopes and processes in Management Accounting, cross-company code design
Topic 3	Determine usage of Cost Center Accounting and type of planning functionality Distinguish between order category and order type. Determine plan data
Topic 4	create Profit Centers and check master data assignments, and configure period-end closing for PCA Organizational Assignments and Process Integration
Topic 5	Determine cost elements structure, cost component structure, planning requirements Determine general reporting requirements for cost centers, configure cost center reporting
Topic 6	Define value fields, characteristics and summary characteristics, determine planning Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL)
Topic 7	Determine and configure product cost planning, and costing versions for alternative costings Define, create and configure internal orders and create a concept for internal order accounting

C-TS4FI-2020 Exam Certification Details:

Sample Questions:	SAP C-TS4FI-2020 Exam Sample Question
Languages:	German, English
Duration:	180 mins
Cut Score:	59%
Exam:	80 questions
Level:	Associate

 

Updated Test Engine to Practice C-TS4FI-2020 Dumps & Practice Exam: https://www.prepawaytest.com/SAP/C-TS4FI-2020-practice-exam-dumps.html

Pass SAP C-TS4FI-2020 PDF Dumps Recently Updated 268 Questions: https://drive.google.com/open?id=10qtiV56rjIK3jGZnIucuJuRfz2AsuZeQ