SAP C_TS4FI_2021 Exam Practice Test Instant Access

Question 1

You are asked to explain how assets under construction work in SAP S4/HANA

What should you highlight?

Note: There are 2 correct answers to this questions.

AIt's possible to post credit memos, ever after assets under construction are fully capitalized

BIt's possible to post special tax depreciation and investment support for assets under construction

CIt's possible to to use asset under construction with investment management

DIt's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction

Answer : A, B

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

What area of the benefits of how data handled in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

AThe data is aggregated in real time from any line item table.

BThe data is constantly auto-archived to optimize memory usage.

CThe data is available in real time at line item detail.

DThe data is summarized into higher levels of aggregates to accelerate system performance.

Answer : A, C

Question 7

You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA.

What are the year-end closing program checks for Asset Accounting?

Note: There are 2 correct answers to this questions.

AAsset master data is complete and without errors.

BPosting periods are closed for asset G/L accounts.

CDepreciation is posted in full for all assets.

DThe fixed asset fiscal year change is complete.

Answer : A, C

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