Give Push to your Success with SAP Certified Associate C-TS4FI-2023 Exam Questions [Q48-Q67]

Give Push to your Success with SAP Certified Associate C-TS4FI-2023 Exam Questions

C-TS4FI-2023 100% Guarantee Download C-TS4FI-2023 Exam PDF Q&A

SAP C-TS4FI-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.
Topic 2	Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.
Topic 3	General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 4	Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.
Topic 5	Asset Accounting: In this topic, you'll learn about managing charts of depreciation, asset classes, and asset master data. It includes setting up valuation and depreciation methods, performing periodic and year-end closing processes, and configuring parallel accounting principles.

 

NEW QUESTION # 48
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 # 49
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. One document per accounting principle & one document for all accounting principles
• C. Separate documents for each and every accounting principle
• D. One document for all accounting principles

Answer: D

NEW QUESTION # 50
What can you achieve with the legacy data transfer in via transaction AS91?

• A. Setting the company code status for legacy data transfer
• B. Posting of take over values
• C. Creation of master data
• D. Posting the summary write off in G/L

Answer: C

NEW QUESTION # 51
You have activated the WBS Element (not related to Investment Management) as an account assignment for with the parameters "balan sheet" and "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

• A. The WBS Element is available for input in the asset master record.
• B. The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
• C. The WBS Element from the asset master data can be changed during planned depreciation posting.
• D. The WBS Element cannot be used anymore for settlement.

Answer: A,B

NEW QUESTION # 52
Which of the following API types does SAP recommend to use to achieve clean core integrations?
Note: There are 2 correct answers to this question.

• A. OData
• B. SOAP
• C. RFC
• D. IDoc

Answer: A,C

NEW QUESTION # 53
You notice that in the entry view of a document you have fewer items than in the general ledger view.
What is the reason for this?

• A. The sales tax is posted in details in the general ledger view.
• B. An extension ledger has been configured.
• C. Document splitting has been activated.
• D. The sub-ledger accounts are shown in details in the general ledger view.

Answer: C

NEW QUESTION # 54
At which levels can the print program and its variant be assigned to the correspondence type? Note:
There are 2 correct answers to this question.

• A. Company code
• B. Company
• C. System
• D. Client

Answer: C,D

NEW QUESTION # 55
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 has not been created for the company code.
• B. The alternative account is already assigned to another G/L account for the company code.
• C. You have not assigned the alternative chart of accounts to your company.
• D. You have not assigned the alternative chart of accounts to your operational chart of accounts.

Answer: B

NEW QUESTION # 56
You notice that the GR/IR account does not have a zero balance.
What could be the cause? Note: There are 2 correct answers to this question.

• A. A purchase order has a goods receipt and an invoice receipt with the same quantity and values.
• B. A purchase order has a partial goods receipt for which we have not yet received an invoice.
• C. A purchase order has a partial invoice receipt but not yet a goods receipt.
• D. A purchase order has a goods receipt and an invoice receipt with the same quantity but with different values.

Answer: B,C

NEW QUESTION # 57
What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

• A. Establish an organizational structure, technical foundation, and transformation methodology for clean core.
• B. Define roles and responsibilities as part of a process transformation office.
• C. Establish regular housekeeping tasks and procedures.
• D. Establish release management.
• E. Integrate clean core practices in the end-to-end value process chain.

Answer: B,C,E

NEW QUESTION # 58
At which levels can the print program and its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

• A. Company code
• B. Company
• C. System
• D. Client

Answer: C,D

NEW QUESTION # 59
You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisites must be met? Note: There are 2 correct answers to this question.

• A. The account is defined in the account determination for each asset class.
• B. The account is defined as open item managed.
• C. The account is defined as a reconciliation account for fixed assets.
• D. The account is a balance sheet account.

Answer: C,D

NEW QUESTION # 60
Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

• A. Business areas
• B. Profitability segments
• C. Profit centers
• D. Segments
• E. Document splitting

Answer: B,C,D

NEW QUESTION # 61
You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems.
How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

• A. 0
• B. 05
• C. 01
• D. 1

Answer: A

NEW QUESTION # 62
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 # 63
Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.

• A. Sales organization
• B. Profit center
• C. Plant
• D. Business area
• E. Segment

Answer: B,D,E

NEW QUESTION # 64
As a pre-closing activity, selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?

• A. Balance notification
• B. Balance request
• C. Account statement
• D. Balance confirmation

Answer: D

NEW QUESTION # 65
You are implementing the Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

• A. It covers multiple companies with same or similar tasks.
• B. It allows cross task list execution of tasks.
• C. It allows cross template maintenance.
• D. It allows cross task list monitoring of task status.

Answer: B,C

NEW QUESTION # 66
In which scenarios is the technical clearing account posted? Note: There are 2 correct answers to this question.

• A. Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)
• B. Asset transfer posting between asset classes
• C. Settlement of an investment order to an asset under construction
• D. Valuated goods receipt on a purchase order with an asset as account assignment

Answer: A,D

NEW QUESTION # 67
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