Grab latest SAP C_TS4FI_2020 Dumps as PDF Updated on 2022
Newly Released C_TS4FI_2020 Dumps for SAP Certified Application Associate Certified
SAP C_TS4FI_2020 Exam Description:
The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".
C_TS4FI_2020 Exam Certification Details:
| Cut Score: | 59% |
| Duration: | 180 mins |
| Exam: | 80 questions |
| Languages: | German, English |
NEW QUESTION 107
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose?
Choose the correct answer.
Response:
- A. The one in the first line item
- B. The one assigned to the tolerance group
- C. The one in the line item with the largest amount
- D. The system prompts for the user to assign one
Answer: B
NEW QUESTION 108
In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. Determine whether this statement is true or false. Please choose the correct answer.
- A. True
- B. False
Answer: A
NEW QUESTION 109
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
Please choose the correct answer.
Response:
- A. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach.
- B. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
- C. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach.
- D. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.
Answer: C
NEW QUESTION 110
Which parameter indicates that a line item can only be dunned with restrictions?
- A. Dunning key
- B. Dunning block reason
- C. Dunning grouping
- D. Dunning area
Answer: A
NEW QUESTION 111
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L Which special G/Ltype do you recommend?
- A. Bill of exchange
- B. Statistical postings
- C. Noted items
- D. Free offsetting entries
Answer: C
NEW QUESTION 112
How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer
Response:
- A. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.
- B. SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.
- C. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
- D. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.
Answer: D
NEW QUESTION 113
Which of the following options are included in the Asset Explorer? Choose the correct answers. (3)
- A. Drill down to Financial Accounting (Fl) document.
- B. Display depreciation calculation.
- C. Post documents.
- D. Drill down to reports.
Answer: A,B,D
NEW QUESTION 114
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. Field status group
- C. Secondary costs
- D. Reconciliation accounts
- E. Balance sheet
Answer: A,C,E
NEW QUESTION 115
What field can you change on a posted invoice?
- A. Payment terms.
- B. Cost center
- C. Tax code
- D. Special G / L indicator
Answer: C
NEW QUESTION 116
Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.
- A. Sales and Distribution
- B. Accounting
- C. Materials Management
- D. Financial Accounting
Answer: A
NEW QUESTION 117
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.
There are 3 correct answers to this question.
Response:
- A. Schedule the dunning run.
- B. Maintain the parameters.
- C. Change the dunning proposal.
- D. Start the dunning printout.
Answer: A,B,C
NEW QUESTION 118
You want to specify the financial statement version for asset reports in Customizing. Where do you need to assign the financial statement version?
- A. To each depreciation area
- B. To each company code
- C. To each accounting principle
- D. To each chart of depreciation
Answer: A
NEW QUESTION 119
What are some of the personalization options available to users in their SAP Fiori launchpad environment?
Note: There are 3 correct answers to this question.
- A. Users can add applications from the catalog assigned to them
- B. Users can remove devices that they do NOT use
- C. Users can remove applications that they do NOT use
- D. Users can add applications for filtered report results
- E. Users can add new devices from the catalog assigned to them
Answer: A,C,D
NEW QUESTION 120
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Response:
- A. True
- B. False
Answer: A
NEW QUESTION 121
Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used? Choose the correct answer.
- A. Subfolders
- B. Programs
- C. Flow definitions
- D. Task list template
Answer: D
NEW QUESTION 122
On which organization unit level do you define a chart of depreciation? Please choose the answer:
- A. Client
- B. Company code
- C. Asset class
- D. Chart of accounts
Answer: A
NEW QUESTION 123
Which of the following tolerance groups should every company code always have? Choose the correct answer.
- A. Special
- B. Defined
- C. Blank
- D. Named
Answer: C
NEW QUESTION 124
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SAP C_TS4FI_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Accounts Payable & Accounts Receivable > 12% | Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
| Financial Closing > 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods. |
| 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. |
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