SAP C_TS4FI_2021 Exam Practice Test Instant Access

Question 1

When is it possible to set the open item management indicator in a general ledger account?

Note: There are 2 correct answers to this questions.

AWhen an a account is set up as a balance sheet account

BWhen an a account has a zero balance

CWhen an a account is set up as a reconciliation account

DWhen an a account is set up as a secondary cost element

Answer : A, C

Question 2

Which field can you change on a posted invoice?

ABasel ine date

BTax code

CSpecial G/L indicator

DStatistical internal order

Answer : A

Question 3

What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)

Note: There are 3 correct answers to this questions.

ACode line

BConfiguration options

CData model

DUser experience

EUpgrade intervals

Answer : A, C, D

Question 4

Which statements best describe a profit center?

Note: There are 2 correct answers to this questions.

AIt is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

BIt is the only object from which segments can be uniformly derived.

CIt is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

DIt is the only object that can be uniformly derived using segments.

Answer : A, B

Question 5

For which special G/L indicator do you specify a target special G/L indicator?

ABill of exchange

BVendor down-payment request

CCustomer down-payment

DGuarantee given

Answer : B

Question 6

You are responsible for configuring document splitting.

What are some of the key settings?

Note: There are 2 correct answers to this questions.

ABusiness transaction variant

BDocument type

CField status variant

DDocument number range

Answer : A, B

Question 7

How can you create an asset under construction?

Note: There are 2 correct answers to this questions.

AAutomatically, when setting capex cost from an internal order

BAutomatically, when creating an investment measure

CAutomatically, when setting capex cost from a WBS element

DManually (transaction AS01), using a specific asset class

Answer : B, C

SAP C_TS4FI_2021 SAP Certified Associate - SAP S/4HANA 2021 for Financial Accounting Exam Practice Test