Exam: C_TS4FI_2020 & C_TS4FI_2021
Title: SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
76. What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
A. You want to deploy SAP S/4HANA Cloud
B. You want to clean up your system and use SAP Best Practices
C. You want to integrate the system to SAP Cloud Platform
D. You want to use document splitting for the General Ledger
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77. You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system?
A. Define two valuation methods and assign the accounting principles to the new valuation methods
B. Define two valuation areas and two accounting principles with relevant links to ledgers
C. Define a valuation area and extension ledger to link with the new valuation area
D. Define a valuation area and ledger group for two ledgers to link with the new valuation area
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78. You have been asked to set up house banks as part of the implementation. What information do you need?
A. Supplier account
B. General ledger account
C. Payment method
D. Bank master data
E. Company code
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79. Which of the following should you consider when defining asset number ranges?
A. Each asset class can have either an internal or external number range
B. Each asset number range must be assigned to a unique asset class
C. Asset number ranges are defined at chart of depreciation level
D. Asset number ranges are defined for asset classes and are company code specific
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80. You assign currency type 40 to your company code in ledger GL. Which source currency types can you select?
A. Document currency
B. Group currency
C. Controlling area currency
D. Company code currency
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81. Which of the following statements are valid for financial document number ranges?
A. The same financial document number range can be assigned to several document types
B. All financial document number ranges can contain numbers and/or letters
C. Financial document number ranges are defined at the company code level
D. Financial document number ranges defined at the client level should NOT overlap
E. Financial document number ranges must be defined for the year in which they are used
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82. How can you perform transfers of assets between company codes with different charts of depreciation?
A. Correct the depreciation area assignment in the asset master record after posting
B. Assign the group chart of depreciation to the relevant fixed assets
C. Enter depreciation area mapping during intercompany transfer posting
D. Configure the cross-company depreciation areas in Customizing
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83. Which of the following steps do you typically perform during a payment run with the automatic payment program?
A. Define maximum amounts to be paid per supplier.
B. Review the payment proposal exception list.
C. Maintain open item selection parameters.
D. Rank bank accounts for payment.
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84. What is the recommended organizational unit for cost of sales accounting?
A. Segment
B. Controlling area
C. Profit center
D. Functional area
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85. You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori?
A. You can manage user access to relevant apps for your team without help from an administrator.
B. You can adapt the launchpad color theme according to predefined values for the cash report.
C. You can create a title to take you directly to the cash position of the North America business market.
D. You can create a title group with all the apps required for your daily business for easy access.
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86.You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution?
A. Substitution values
B. Check statement
C. Callup point
D. Prerequisite statement
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87. Which characteristics map the business partner to the customer and supplier account groups?
A. Business partner grouping
B. Business partner view
C. Business partner account group
D. Business partner role
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88. For which account can you perform account clearing in SAP S4/HANA?
A. For any balance sheet account managed on a line item basis
B. For any G/L account defined as a reconciliation account
C. For any account that can be posted in foreign currency
D. For any account that is managed on an open item basis
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89. Which of the following statements best describe a noted item?
A. It has an automatic statistical offsetting entry.
B. It updates the subledger and the general ledger.
C. It can be used to remind the user about due payments.
D. It can be accessed by the payment program.
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90. Which information is part of the Bank Master Data?
A. Data Medium Exchange (DME) details
B. Control data
C. Information for electronic payment transactions
D. Address details
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91. What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
A. Unlike the ledger approach, in the accounts approach, you assign a separate set of accounts for each accounting principle.
B. Unlike the ledger approach, in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle.
C. Unlike the ledger approach, in the accounts approach, you define a technical clearing account for integrated asset acquisitions.
D. Unlike the ledger approach, in the accounts approach, you assign a ledger group to every depreciation area.
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92. What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
A. You want to deploy SAP S/4HANA Cloud.
B. You want to use document splitting for the General Ledger.
C. You want to integrate the system with SAP Business Technology Platform.
D. You want to clean up your system and use SAP Best Practices.
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93. You assign currency type 40 to your company code in ledger 0L. Which source currency types can you select?
A. Company code currency
B. Document currency
C. Controlling area currency
D. Group currency
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94. How can you define a matching method for intercompany reconciliation?
A. It can be either defined as master data or as configuration.
B. It must be defined as master data.
C. It can be automatically determined by a user exit.
D. It must be defined as configuration.
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95. Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line item basis?
A. Profit center
B. Fixed asset
C. Cost center
D. Functional area
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96. Which field can you change on a posted invoice?
A. Baseline date
B. Tax code
C. Special G/L indicator
D. Statistical internal order
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97. What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)?
A. Code line
B. Configuration options
C. Data model
D. User experience
E. Upgrade intervals
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98. You are responsible for configuring document splitting. What are some of the key settings?
A. Business transaction variant
B. Document type
C. Field status variant
D. Document number range
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99. Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?
A. A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.
B. A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item.
C. A down payment request is created as an FI noted item, which automatically generates an SD billing document.
D. A down payment request is created as an FI noted item, which automatically generates an SD sales order.
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100. You have been asked to set up house banks as part of the implementation. What information do you need?
A. Company code
B. Payment method
C. Bank master data
D. Bank control key
E. General ledger account
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