SAP C_TS4FI_2023 Exam Practice Test Instant Access

Question 1

Which of the following can you use to explore released APIs?

ASAP Integration Suite

BSAP Business Accelerator Hub

CSAP Application Interface Framework

Answer : B

Question 2

Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?

AIndustry Cloud

BBusiness Network

CIntelligent Suite

DExperience Management

Answer : A

Question 3

You post an incoming payment from a customer with a residual item for a payment difference. What are the consequences?

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

AThe residual item is written off to a cost account.

BThe residual item becomes a new receivable.

CThe original document and the payment are cleared.

DBoth the original open item and the residual item remain on the account as open items.

Answer : B, C

Question 4

You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored. What are the reasons?

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

AThe credit memo was entered in Financial Accounting.

BThe credit memo was created without reference to an invoice.

CThe field 'Reference' of the credit memo is blank.

DThe due date determined based on the entered payment terms is in the past.

Answer : B, D

Question 5

What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answe-rs to this que-stion.

AThe exclusion of disputed residual items from credit limit checks

BThe account where a residual item is posted

CThe type of payment notice sent to a customer

DThe special G/L indicator for the down payment

EThe document type of the payment

Answer : A, B, C

Question 6

At which level do you define functional areas?

AFinancial statement version

BControlling area

CClient

DCompany code

Answer : C

Question 7

Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".

What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answe-rs to this que-stion.

AProfit centers

BSegments

CDocument splitting

DProfitability segments

EBusiness areas

Answer : A, B, E

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