SAP C_TS4FI_2023 Exam Practice Test Instant Access

Question 1

What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answe-rs to this que-stion.

AEstablish regular housekeeping tasks and procedures.

BIntegrate clean core practices in the end-to-end value process chain.

CEstablish release management.

DDefine roles and responsibilities as part of a process transformation office.

EEstablish an organizational structure, technical foundation, and transformation methodology for clean core.

Answer : A, B, D

Question 2

Which date must the system determine when you enter an invoice that needs to be paid?

AReference date

BPayment date

COrder date

DBaseline date

Answer : D

Question 3

Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answe-rs to this que-stion.

ASales organization

BPlant

CSegment

DProfit center

EBusiness area

Answer : C, D, E

Question 4

Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answe-rs to this que-stion.

A00 = Document currency

B30 Group currency

C60 Global company currency

D10 Company code currency

E40 Hard currency

Answer : A, B, D

Question 5

You want to assign your 3 newly created company codes to the same controlling are

a. Which settings must be common to all the company codes?

Note: There are 2 correct answe-rs to this que-stion.

AOperating chart of accounts

BFiscal year variant

CPosting period variant

DSource currency for group currency

Answer : A, B

Question 6

Which object is used to directly support the preparation for consolidation?

AFunctional Areas

BSegments/Profit Centers

CCompany/Trading Partner

DLedgers/Ledger Groups

Answer : C

Question 7

You want to implement purchase order accruals in SAP S/4HAN

AWhich of the following use cases are relevant?
Note: There are 2 correct answe-rs to this que-stion.

APurchase of fixed assets (using direct capitalization method)

BPurchase of consumable materials

CPurchase of raw materials for inventory

DPurchase of services

Answer : B, D

SAP C_TS4FI_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Exam Practice Test