C-TS4FI-2020 Dumps 2021 - New SAP C-TS4FI-2020 Exam Questions
Free C-TS4FI-2020 braindumps download (C-TS4FI-2020 exam dumps Free Updated)
NEW QUESTION 124
Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
Response:
- A. A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.
- B. A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.
- C. A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation.
- D. A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.
Answer: A,D
NEW QUESTION 125
What account types can you use to classify general ledger accounts in SAP S/4HANA? There are 3 correct answers to this question.
- A. Non-operating expense or income
- B. Reconciliation accounts
- C. Balance sheet
- D. Secondary costs
- E. Field status group
Answer: A,C,D
NEW QUESTION 126
What items are NOT cleared by the automatic clearing program? Note: 3 Answers
- A. Items with value added tax
- B. Statistical postings
- C. Items with withholding tax
- D. Noted Items
- E. Items with sales and use tax
Answer: B,C,D
NEW QUESTION 127
What are some of the benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. The data is aggregated on the fly from any line item table
- B. The data is summarized into higher levels of aggregates to help system performance
- C. The data is available in real time at line item detail
- D. The data is analyzed after it is extracted and loaded in the reporting system
Answer: A,C
NEW QUESTION 128
On which database is SAP S/4HANA built to run?
- A. Only on SAp HANA
- B. Ona select list of SAP and third-party databases
- C. On all modem enterprise level databases
- D. On all databases that support columnar data storage
Answer: A
NEW QUESTION 129
SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio integrate with SAP S/4HANA to help you perform human resource management?
There are 2 correct answers to this question.
Response:
- A. SAP Ariba
- B. SAP Fieldglass
- C. SAP Success Factors
- D. SAP C/4HANA
Answer: B,C
NEW QUESTION 130
Which statement best describes the normal reversals functionality?
- A. Executes the inverse posting of a cleared document before resetting it.
- B. Executes the inverse posting by increasing the transaction figures.
- C. Executes an inverse posting by resetting the transaction figures.
- D. Executes a transfer posting by resetting the transaction figures.
Answer: B
NEW QUESTION 131
To reduce the load on the system, what should you do with the older documents that exist in the database? Choose the correct answer.
- A. Extract and delete
- B. Backup and delete
- C. Delete
- D. Archive and delete
Answer: D
NEW QUESTION 132
For which activities can you use an extension ledger? Note: There are 2 correct answers to this question.
- A. Configuration of custom fields for financial statements
- B. Simulation of foreign currency valuation
- C. Parallel valuation of depreciation areas
- D. Adjustments for consolidation purposes
Answer: B,D
NEW QUESTION 133
Delta postings can execute revaluation. Determine whether this statement is true or false.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 134
On which organization unit level do you define a chart of depreciation? Please choose the answer:
- A. Asset class
- B. Company code
- C. Client
- D. Chart of accounts
Answer: C
NEW QUESTION 135
What kind of customization can users do on their launchpad? There are 2 correct answers to this question.
- A. Change the icons on tiles.
- B. Create their own tile groups.
- C. Change the name of tile groups
- D. Change the names of tiles.
Answer: B,C
NEW QUESTION 136
You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date ? Note: 3 Answers
- A. Goods receipt date
- B. Entry Date
- C. Document date
- D. Value date
- E. Posting date
Answer: B,C,E
NEW QUESTION 137
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.
- A. Company code required
- B. Account required
- C. Number of date fields required
- D. Document number required
- E. Reason code required
Answer: B,D,E
NEW QUESTION 138
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
- A. SAP S/4HANA with Central Finance
- B. SAP S/4HANA Cloud
- C. SAP S/4HANA Finance
- D. SAP S/4HANA on-premise
Answer: B
NEW QUESTION 139
With the automatic clearing program, a user can clear open items for which of the following items? Choose the correct answers. (2)
- A. Subledger accounts
- B. Special general ledger indicator
- C. Currency
- D. General ledger
Answer: A,D
NEW QUESTION 140
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer.
- A. Asset class, depreciation area, main asset number, group asset
- B. Asset class, main asset number, sub number
- C. Main asset number, sub number, depreciation area
- D. Depreciation area, asset class, main asset number, sub number
Answer: B
NEW QUESTION 141
Which deployment options exist for SAP S4HANA?
Note: There are 3 correct answers to this question.
Response:
- A. Hybrid deployment
- B. On-premise deployment
- C. Central hub deployment
- D. Cloud deployment
- E. Agile deployment
Answer: A,B,D
NEW QUESTION 142
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.
- A. Your own application group
- B. Your own application tile
- C. Your own application catalog
- D. Your own financial statement version
Answer: B
NEW QUESTION 143
Which currency types can you set in customizing activity "define setting for ledgers and currency type"? There are 2 correct answers to this question.
- A. Local Currency
- B. Transaction Currency
- C. Group Currency
- D. Material Ledger Currency
Answer: C,D
NEW QUESTION 144
Which field status has the lowest priority (G/L accounts)? Choose the correct answer.
- A. Hide
- B. Required entry
- C. Display
- D. Optional entry
Answer: D
NEW QUESTION 145
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SAP S/4HANA Financial Accounting Certification Exam Details:
| Level | Associate |
| Exam Code | C_TS4FI_2020 |
| Passing Score | C_TS4FI_2020 - 59% C_TS4FI_1900 - 57% |
| Sample Questions | SAP S/4HANA Financial Accounting Certification Sample Questions |
| Exam Name | SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909) |
| Schedule Exam | SAP Training |
SAP C-TS4FI-2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Asset Accounting > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting. |
| General Ledger Accounting > 12% | Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
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