Pass Your C-TS4FI-2023 Dumps as PDF Updated on 2024 With 85 Questions
SAP C-TS4FI-2023 Real Exam Questions and Answers FREE
NEW QUESTION # 34
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.
- A. It is a solution that can be integrated with Group Reporting.
- B. It is a solution that facilitates transaction matching between systems in Central Finance.
- C. It is a solution embedded in the SAP S/4HANA core.
- D. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
Answer: A,C
NEW QUESTION # 35
You want to implement purchase order accruals in SAP S/4HANA. Which of the following use cases are relevant?
- A. Purchase of services
- B. Purchase of consumable materials
- C. Purchase of fixed assets (using direct capitalization method)
- D. Purchase of raw materials for inventory
Answer: C
NEW QUESTION # 36
Which currency types are defaulted in SAP S/4HANA? (Select 2)
- A. 30 = Group currency
- B. 20 = Controlling area currency
- C. 00 = Document currency
- D. 10 = Company code currency
Answer: C,D
NEW QUESTION # 37
At which level do you define functional areas in SAP S/4HANA?
- A. Financial statement version
- B. Controlling area
- C. Client
- D. Company code
Answer: C
NEW QUESTION # 38
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Standard inventory method
- B. Actual inventory method
- C. Cycle counting method
- D. Periodic inventory method
- E. Continuous inventory method
Answer: B,D,E
NEW QUESTION # 39
Where can you see the matching results from the Intercompany Matching and Reconciliation tool?
- A. In the Universal Journal table (ACDOCA)
- B. In the Consolidation Journal table (ACDOCU)
- C. In the Accounting Document Segment table (BSEG)
- D. In an application specific table (ICADOCM)
Answer: B
NEW QUESTION # 40
Which date must the system determine when you enter an invoice that needs to be paid?
- A. Reference date
- B. Order date
- C. Payment date
- D. Baseline date
Answer: D
NEW QUESTION # 41
You have cleared a customer open item but want to undo this action.
What are the available options? Note: There are 2 correct answers to this question.
- A. Reset and reverse the clearing document
- B. Repost the clearing document
- C. Reverse the clearing document
- D. Reset the clearing document
Answer: A,C
NEW QUESTION # 42
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?
- A. Segment
- B. Business area
- C. Profit center
- D. Functional area
Answer: D
NEW QUESTION # 43
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 answers to this question.
- A. The residual item is written off to a cost account.
- B. Both the original open item and the residual item remain on the account as open items.
- C. The original document and the payment are cleared.
- D. The residual item becomes a new receivable.
Answer: B,D
NEW QUESTION # 44
Where do you assign the group chart of accounts?
- A. Company
- B. Operating chart of accounts
- C. General ledger account
- D. Company code
Answer: B
NEW QUESTION # 45
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.
- A. Balance Sheet Account
- B. Primary Costs or Revenue
- C. Non-operating Expense or Income
- D. Secondary Costs
- E. Cash Account
Answer: B,C,D
NEW QUESTION # 46
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 answers to this question.
- A. To trigger elimination of intercompany revenues & costs based on rules configured
- B. To highlight and solve intercompany data discrepancy triggering a workflow
- C. To generate automatic elimination of intercompany AR/AP balances
- D. To generate automatic posting to correct intercompany discrepancy
Answer: A,D
NEW QUESTION # 47
You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?
- A. Chart of accounts
- B. Account type
- C. Account group
- D. Tolerance group
Answer: C
NEW QUESTION # 48
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.
- A. 60 = Global company currency
- B. 30 = Group currency
- C. 00 = Document currency
- D. 40 = Hard currency
- E. 10 = Company code currency
Answer: A,B,E
NEW QUESTION # 49
Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?
- A. Experience Management
- B. Business Network
- C. Industry Cloud
- D. Intelligent Suite
Answer: C
NEW QUESTION # 50
Which object is used to directly support the preparation for consolidation?
- A. Company/Trading Partner
- B. Segments/Profit Centers
- C. Functional Areas
- D. Ledgers/Ledger Groups
Answer: D
NEW QUESTION # 51
You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?
- A. One document per accounting principle
- B. Separate documents for each and every accounting principle
- C. One document for all accounting principles
- D. One document per accounting principle & one document for all accounting principles
Answer: C
NEW QUESTION # 52
You want to post a reversal for a document posted in a closed posting period.
Which object do you configure to allow you to enter the reversal with a date different from the original document?
- A. Reversal reason
- B. Reversal method
- C. Company code
- D. Document type
Answer: A
NEW QUESTION # 53
What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.
- A. It helps customers to collaborate to build flexible value chains.
- B. It supports customers in understanding their stakeholder's needs.
- C. It provides data management and analytics.
- D. It supports application development and integration.
Answer: A,D
NEW QUESTION # 54
Which of the following can you use to explore released APIs?
- A. SAP Application Interface Framework
- B. SAP Business Accelerator Hub
- C. SAP Integration Suite
Answer: B
NEW QUESTION # 55
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question.
- A. Start the dunning printout
- B. Schedule the dunning run
- C. Maintain the parameters of the dunning program
- D. Change the dunning proposal
- E. Approve the dunning proposal
Answer: B,C,E
NEW QUESTION # 56
Which of the following organizational elements can be shared by several company codes? (Select 3)
- A. Plant
- B. Segment
- C. Profit center
- D. Sales organization
- E. Business area
Answer: B,C,E
NEW QUESTION # 57
Where do you assign the currency type?
- A. Company
- B. Valuation area
- C. Ledger
- D. Accounting principle
Answer: C
NEW QUESTION # 58
You try to assign an alternative account to a G/L account but receive an error message.
What can be the reason?
- A. The alternative account is already assigned to another G/L account for the company code.
- B. You have not assigned the alternative chart of accounts to your company.
- C. The alternative account has not been created for the company code.
- D. You have not assigned the alternative chart of accounts to your operational chart of accounts.
Answer: A
NEW QUESTION # 59
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