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C_TS4FI_2020 Actual Exam Questions

Last updated on Nov. 21, 2024.
Vendor:SAP
Exam Code:C_TS4FI_2020
Exam Name:SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Exam Questions:80
97% Passed the exam with this material
 

Topic 1 - Exam A

Question #1 Topic 1

Which of the following is a technical year-end closing activity in SAP S/4HANA?

  • A. Ledger balances must be carried forward.
  • B. Foreign currency valuation must be posted.
  • C. Balance sheet adjustments must be posted.
  • D. Accruals must be posted.
Reveal Solution Hide Solution   Discussion   3

Correct Answer: A 🗳️

Question #2 Topic 1

Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)

  • A. Asset class
  • B. Depreciation keys
  • C. Valuation area
  • D. Depreciation area
Reveal Solution Hide Solution   Discussion   5

Correct Answer: AB 🗳️

Question #3 Topic 1

A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to this account?

  • A. You can post to the account in any currency and it will be converted into CAD.
  • B. You can only post to the account in CAD and USD.
  • C. You can only post to the account in CAD, USD, and EUR.
  • D. You can only post to the account in CAD.
Reveal Solution Hide Solution   Discussion   1

Correct Answer: D 🗳️

Question #4 Topic 1

You forgot to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?

  • A. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
  • B. The balance of the new account is added to the non-assigned section and is included in the calculation.
  • C. The balance of the new account is added to the non-assigned section and is excluded from the calculation.
  • D. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.
Reveal Solution Hide Solution   Discussion   7

Correct Answer: B 🗳️

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