C_TS4FI_2023: SAP S/4HANA Cloud Private Edition, Financial

Accounting - Full

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Question Results

Question: Score 0 of 1
(skipped)
How does the system determine the correspondence type of a payment notice?
Please choose the correct answer.

Response:

According to the tolerance group, as long as all tolerance groups carry the same
correspondence type

According to the reason code, as long as all tolerance groups carry the same correspondence
type

According to the reason code, as long as all reason codes carry the same correspondence type

According to the tolerance group, as long as all reason codes carry the same correspondence
type

Question: Score 0 of 1
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You want to edit a dunning proposal. Which actions can you perform to edit a dunning
proposal?
There are 3 correct answers to this question.

Response:

Change a document.

Change the dunning data of an account.

Lower the dunning level of an item.

 Block an account.

Block a line item.

Question: Score 0 of 1
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How does SAP S/4HANA support the treatment of taxes?
There are 3 correct answers to this question.

Response:

It checks the tax amount entered and automatically calculates the tax.

It performs tax adjustments for cash discounts and other forms of deductions.

It posts the tax amount to tax accounts.

It performs the adjustment to the tax codes and automatically updates the procedure.

It checks the tax codes and automatically updates the tax rates based on changes by the tax
authorities.

Question: Score 0 of 1
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You have to run the foreign currency valuation for both US GAAP and IFRS, which leads
to different values for the two different accounting principles. How can you set this up in the system?
Please choose the correct answer.

Response:

Define two valuation areas and two accounting principles with relevant links to ledgers.

Define two valuation methods and assign the accounting principles to the new valuation
methods.

Define a valuation area and extension ledger to link with the new valuation area.

Define a valuation area and ledger group for two ledgers to link with the new valuation area.

Question: Score 0 of 1
True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a (skipped)
matter of required scope.
Please choose the correct answer.

Response:

True

False

Question: Score 0 of 1
(skipped)
What components are defined by the depreciation key in SAP Asset Accounting?
There are 3 correct answers to this question.

Response:

Multilevel method

Period control method

Base method

Asset sheet valuation method

Question: Score 0 of 1
(skipped)
When you copy an asset, the asset text is copied as well. How can you avoid this?
Please choose the correct answer.

Response:

By changing the assigned tab layout

By creating a dummy reference asset with no text

By changing the asset class definitions

By changing the assigned screen layout

Question: Score 0 of 1
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What is the purpose of the group account number in General Ledger account master data
maintenance?
Please choose the correct answer.

Response:

It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial
statement version.

It determines the fields in the entry screen when you create or update a master record in the
company code

it is used for cross-company-code reporting if the company codes use different charts of
account.

It defaults the number interval that is applied for the G/L account number in the company code.

Question: Score 0 of 1
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How should errors be handled during an SAP S/4HANA migration?
There are 2 correct answers to this question.

Response:

Errors must be clarified, and uncritical errors can be ignored.

All errors must be corrected during migration to complete it.

Critical errors must be resolved in the production system before Go Live.

All errors related to closed years can be ignored.

Question: Score 0 of 1
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In your system, you currently perform manual outgoing payments and you want to use
the automatic payment program.

Which settings must you maintain as part of the configuration of the automatic payment program?
There are 2 correct answers to this question.

Response:

Payment terms
 Special G/L indicators

Bank determination

Paying company codes

Question: Score 0 of 1
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You want to develop a substantial enhancement for the purchase-to-pay process in your
SAP S/4HANA system. Where does SAP recommend you perform this enhancement?
Please choose the correct answer.

Response:

SAP Fiori

SAP Cloud Platform

SAP Leonardo

SAP S/4HANA core

Question: Score 0 of 1
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Which General Ledger account type do you select to perform activity cost allocations?
Please choose the correct answer.

Response:

Primary costs or revenue

Non-operating expense or income

Secondary costs

Balance sheet

Question: Score 0 of 1
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Identify the three types of tolerances in accounting.
There are 3 correct answers to this question.
Response:

Employee tolerance groups

G/L account tolerance groups

Customer/vendor tolerance groups

Special account tolerance groups

Question: Score 0 of 1
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What can you do with asset accounting in SAP S/4HANA Finance?
There are 3 correct answers to this question.

Response:

Post revenue for retirements by acquisition and production cost.

Assign separate settlement rules for depreciation areas.

Complete periodic acquisition and production cost adjustments postings.

Define transaction types by depreciation area

Simultaneously post separate values by depreciation area.

Question: Score 0 of 1
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What is a reason for performing data archiving?
Please choose the correct answer.

Response:

To protect data from being lost

To back up data on a separate drive

To control hardware requirements

To have fewer downtime cycles

Question: Score 0 of 1
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True or False: In an environment of systems using SAP HANA, you can perform both
OLAP and OLTP processing without duplication of the data for the SAP BW and SAP ERP systems.
Please choose the correct answer.

Response:

True

False

Question: Score 0 of 1
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What do you define in payment terms?
There are 2 correct answers to this question.

Response:

Tolerance days

Cash discount

Posting key

Due date specification

Question: Score 0 of 1
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What are key configuration objects in the SAP dunning program?
There are 3 correct answers to this question.

Response:

Dunning levels

Expenses or charges

Minimum amounts

Bank selection
Question: Score 0 of 1
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When creating a general ledger account and there are conflicting field statuses, which
field status has the highest priority?
Please choose the correct answer.

Response:

Required

Suppress

Optional

Display

Question: Score 0 of 1
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What is true for real depreciation areas?
Please choose the correct answer.

Response:

You can post transactions to them independently.

They are set to always post to the general ledger.

Each can be assigned multiple currency types.

They can have values calculated from combining other depreciation area values.

Question: Score 0 of 1
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Which of the following is a technical year-end closing activity in SAP S/4HANA?
Please choose the correct answer.

Response:

Balance sheet adjustments must be posted.

Foreign currency valuation must be posted.

Accruals must be posted.

 Ledger balances must be carried forward.

Question: Score 0 of 1
(skipped)
It is common for companies to receive invoices for the previous fiscal year at the
beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?
Please choose the correct answer.

Response:

Posting date and entry date.

Document date and posting date.

Document date and asset value date

Posting date and asset value date

Question: Score 0 of 1
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Identify some of the fields related to the depreciation area in the asset master record.
There are 3 correct answers to this question.

Response:

Depreciation start

Asset description

Useful life

Scrap value

Question: Score 0 of 1
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In SAP S/4HANA, on which levels can you maintain open posting periods?
There are 2 correct answers to this question.

Response:

Posting period variant

 Fiscal year variant

Segment

Controlling area

Question: Score 0 of 1
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Which stage of the sales process creates documents for both Materials Management
and Financial Accounting?
Please choose the correct answer.

Response:

Shipping - delivery creation

Shipping - goods issue

Billing

Sales order creation

Question: Score 0 of 1
(skipped)
For general ledger account posting, which one of the following standard posting keys is
for debit?
Please choose the correct answer.

Response:

01

31

40

50

Question: Score 0 of 1
(skipped)
What object determines the number range for business partner master data?
Please choose the correct answer.

Response:

Business partner role

Business partner grouping

Business partner category

Business partner type

Question: Score 0 of 1
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A business partner is both a customer and a supplier. The customer has a sizable open
amount unpaid. You want to make sure that the payment program posts no outgoing payments to the
business partner until he has paid part of the outstanding amount. How can you do this?
Please choose the correct answer.

Response:

Assign a central purchasing block in the general business partner role details.

Assign an overall payment block in the general business partner role details.

Assign a payment block in the supplier business partner role details.

Assign a payment block in the customer business partner role details.

Question: Score 0 of 1
(skipped)
Which field status has the lowest priority (G/L accounts)?
Please choose the correct answer.

Response:

Required entry

Hide

Optional entry
 Display

Question: Score 0 of 1
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A general ledger account is defined with the account type "Nonoperating Expense or
Income". Where can this account be used?
Please choose the correct answer.

Response:

Profit and loss account that is used in profit center accounting

Profit and loss account that is used in overhead management accounting

Profit and loss account that is used in margin analysis

Profit and loss account that is used in margin analysis and profit center accounting

Question: Score 0 of 1
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When you post an amount to an asset in the LVA class that is above the threshold for the
maximum value, how does the system respond?
Please choose the correct answer.

Response:

The system adjusts the asset quantity to the value that keeps the asset below the maximum
threshold.

The system posts the value up to the LVA threshold and posts the rest to the generated asset
subnumber.

The system produces an error message; for you to post, you must split the asset or post to
another asset class.

You receive a warning message; the asset is posted, but the depreciation key is adjusted to
normal depreciation.

Question: Score 0 of 1
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Which of the following is a difference between data aging and data archiving?
Please choose the correct answer.
Response:

Data aging frees up memory space.

Data archiving removes data from the database.

Data archiving has advanced logging capabilities.

Data aging allows you to retrieve the aged data for analysis.

Question: Score 0 of 1
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In which items of a financial statement version can you find values related to accounts
for sales deductions and material expenses?
Please choose the correct answer.

Response:

Sales deductions in assets item

Material expenses in loss item

Sales deductions in loss item

Material expenses in loss item

Sales deductions in liabilities item

material expenses in loss item

Sales deductions in loss item

Material expenses in liabilities item

Question: Score 0 of 1
(skipped)
Your customer wants the values for a special group of assets to be shown separately in
the general ledger. Which objects do you create in Customizing for Asset Accounting?
There are 2 correct answers to this question.

Response:

Depreciation area

Financial statement version

Account determination key

 Asset class

Question: Score 0 of 1
(skipped)
True or False: SAP S/4HANA replaces SAP ERP, and development and support are
shifted completely to it.
Please choose the correct answer.

Response:

True

False

Question: Score 0 of 1
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Which of the following lists support the dunning clerk’s work?
There are 3 correct answers to this question.

Response:

The dunning history list

The blocked accounts list

The dunning list

The list of vendor balances in local currency

Question: Score 0 of 1
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Which business partner objects can you define field statuses for?
There are 2 correct answers to this question.

Response:

Role

Account group

Type
 Client

Question: Score 0 of 1
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Which information is checked by the system before a general ledger account k
archived?
Please choose the correct answer.

Response:

The assigned group account is already archived.

The Blocked for Posting indicator is set in master data.

The Mark for Deletion indicator is set in master data

The Open item Management indicator is set in master data

Question: Score 0 of 1
(skipped)
Which of the following are valid settlement receivers when you perform settlement for
an asset under construction on a line item basis?
There are 2 correct answers to this question.

Response:

Profit center

Cost center

Fixed asset

Functional area

Question: Score 0 of 1
(skipped)
What fields do you have to enter to make a document reversal?
There are 2 correct answers to this question.

Response:
 Posting Date

Reversal Reason

Document Type

Document Date

Question: Score 0 of 1
(skipped)
What is the format of a company code key?
Please choose the correct answer.

Response:

Two-digit alphanumeric

Four-digit alphanumeric

Six-digit alphanumeric

Eight-digit alphanumeric

Question: Score 0 of 1
(skipped)
What archiving step must precede archiving a supplier invoice posted directly to FI?
Please choose the correct answer.

Response:

Archive FI transaction figures

Perform compression run

Archive accounts payable master data

Archive data in CO

Question: Score 0 of 1
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Which of the following organizational units are part of the enterprise structure of financial
accounting?
There are 3 correct answers to this question.

Response:

Segment

Operating concern

Plant

Functional area

Business area

Question: Score 0 of 1
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What is the correct order of steps when you use the SAP I financial Closing Cockpit?
Please choose the correct answer.

Response:

1. Create template
2. Create tasks
3. Define dependencies
4. Create task list
5. Release task list

1. Create tasks
2. Define dependencies
3. Create template
4. Create task list
5. Release task list

1. Create template
2. Create tasks
3. Create task list
4. Define dependencies
5. Release task list

1. Create tasks
2. Define dependencies
3. Create task list
4. Create template
5. Release task list
Question: Score 0 of 1
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What information is provided when you execute the balance audit trail?
Please choose the correct answer.

Response:

A comparison of general ledger account balances across ledgers

A list of changes of maintained sensitive fields in general ledger accounts

The open account balances for customer accounts and supplier accounts

The starting balance and the yearly changes to the balance of a general ledger account

Question: Score 0 of 1
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What are key reasons for preferring a new implementation of SAP S/4HANA rather than
a system conversion from SAP ERP?
There are 2 correct answers to this question.

Response:

You want to clean up your system and use SAP Best Practices.

You want to integrate the system with SAP Business Technology Platform.

You want to use document splitting for the General Ledger.

You want to deploy SAP S/4HANA Cloud

Question: Score 0 of 1
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You are posting an incoming payment against an invoice. Which document values does
the user tolerance group control?
There are 2 correct answers to this question.

Response:

The cash discount percentage allowed for the complete document

The cash discount amount (absolute value) allowed for a line item
 The total amount (sum of all line items) allowed to be posted

The payment amount allowed for each customer open item

Question: Score 0 of 1
(skipped)
What types of chart of accounts are there?
There are 3 correct answers to this question.

Response:

Functional chart of accounts

Operational chart of accounts

Organizational chart of accounts

Country chart of accounts

Group chart of accounts

Question: Score 0 of 1
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Which of the following are the month-end closing activities for external purposes?
There are 3 correct answers to this question.

Response:

Perform foreign currency valuations

Create external and internal reports

Post goods issues for deliveries to customers

Close the old period

Question: Score 0 of 1
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You execute a report based on the location and are missing an asset. What might have
happened?
There are 2 correct answers to this question.
Response:

The asset has been fully depreciated.

The equipment assigned to the asset was moved.

The asset was sold to a customer.

The asset was partially scrapped.

Question: Score 0 of 1
(skipped)
You want to define a validation for the combination of general ledger account and cost
center. For which call-up point do you define this validation?
Please choose the correct answer.

Response:

Cost of sales accounting

Complete document

Document header

Document line

Question: Score 0 of 1
(skipped)
What does the posting key define?
There are 2 correct answers to this question.

Response:

Debit or credit line

Document type

Tax code

Account type
Question: Score 0 of 1
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True or False: The only version of the public cloud edition of SAP S/4HANA a customer
can be on is the latest released version.
Please choose the correct answer.

Response:

True

False

Question: Score 0 of 1
(skipped)
For which of the following tasks must you always indicate manual task completion?
Please choose the correct answer.

Response:

Notes

Programs

Transactions

Flow definitions

Question: Score 0 of 1
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What happens to the transaction figures when you post a normal reversal posting?
Please choose the correct answer.

Response:

They are deleted

They are increased.

They are reset.

They are cleared.

Question: Score 0 of 1
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What are the benefits of public cloud deployments of SAP S/4HANA?
There are 2 correct answers to this question.

Response:

IT cost savings

One-time license investment

Increased customizing flexibility

Always up to date

Question: Score 0 of 1
(skipped)
Which date defines the period a document can be posted to?
Please choose the correct answer.

Response:

Valuation date

Posting date

Entry date

Document date

Question: Score 0 of 1
(skipped)
Which items can you clear with the automatic clearing program?
Please choose the correct answer.

Response:

Bank transaction items

Statistical postings

Noted items
 Items with withholding tax entries

Question: Score 0 of 1
(skipped)
How do you identify an asset as an asset under construction?
Please choose the correct answer.

Response:

The asset belongs to a specific asset class.

The ordinary depreciation start date is empty.

The asset is assigned to NO depreciation area.

The asset capitalization date is empty.

Question: Score 0 of 1
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What does the document splitting function do?
There are 2 correct answers to this question.

Response:

It ensures that you can create complete financial reports per profit center if it is required by the
business

It enriches all customer and vendor line items with the defined splitting characteristics in the
relevant subledgers.

It enables the automatic creation of additional postings documents for each defined splitting
characteristic

It enriches all relevant balance sheet account lines with the defined splitting characteristics

Question: Score 0 of 1
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What must you do when you set up depreciation areas?
Please choose the correct answer.

Response:
 Assign an accounting principle for each depreciation area.

Define the relevant asset classes for each depreciation area

Define the valid depreciation keys for each depredation area.

Assign leading depreciation area 01 to leading ledger OL.

Question: Score 0 of 1
(skipped)
On which levels can you maintain useful life for documents of a company code in the
context of data aging?
There are 2 correct answers to this question.

Response:

Document type

Profit center

Account type

Number range interval

Question: Score 0 of 1
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What is the maximum number of steps possible in validation?
Please choose the correct answer.

Response:

99

199

566

999

Question: Score 0 of 1
What is the purpose of period interval 3 when you define open and closed periods? (skipped)
Please choose the correct answer.

Response:

It is used for the authorization object for posting periods.

It is used for posting from CO to FI.

It is used for period lock in special purpose ledger.

It is used for special period posting.

Question: Score 0 of 1
(skipped)
How many custom currency types can you assign to a company code/ledger
combination?
Please choose the correct answer.

Response:

12

10

Question: Score 0 of 1
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Besides using the profit center, which options does General Ledger Accounting with
document splitting provide to assign a segment to the posting line?
There are 2 correct answers to this question.

Response:

Definition of validation rules

BAdI implementation (FAGL_DERIVE_SEGMENT)

Standard account assignment using constants

 Assignment of default segments to G/L accounts

Question: Score 0 of 1
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Your customer doesn't want to implement profitability analysis, not even account-based,
because the company doesn't understand its value. Which argument would you use to persuade the
customer?
Please choose the correct answer.

Response:

Down payment integration can be performed with sales and distribution.

Profit and loss statements can be analyzed by sales-specific characteristics.

Balance sheets can be analyzed by sales-specific characteristics.

Sales orders can be forecasted as liquidity items in cash flow reports.

Question: Score 0 of 1
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What are the essential steps in configuring the payment program?
There are 3 correct answers to this question.

Response:

Configure the paying company codes

Configure the payment methods for each company code

Configure the house banks

Configure the G/L account field status for document entry

Question: Score 0 of 1
(skipped)
The SAP Business Workflow ________ process dimensions.
Please choose the correct answer.

Response:
 Two

Three

Four

Five

Question: Score 0 of 1
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What sort of special general ledger types exist?
There are 3 correct answers to this question.

Response:

Noted items

Final payments

Automatic offsetting entries (statistical)

Free offsetting entries

Other types

Question: Score 0 of 1
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What are some of the benefits of SAP S/4HANA?
There are 2 correct answers to this question.

Response:

The data is analyzed after it is extracted and loaded in the reporting system.

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

The data is summarized into higher levels of aggregates to help system performance.

The data is aggregated on the fly from any line item table.
Question: Score 0 of 1
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Which of the following parameters can you define within a dunning procedure?
There are 2 correct answers to this question.

Response:

Number of dunning levels

Line item grace period

Line item total period

Company code

Question: Score 0 of 1
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Which of the following retirement types is referred to as scrapping?
Please choose the correct answer.

Response:

Unplanned depreciation of remaining value

Partial retirement without revenue and without customer

Complete retirement with revenue but without customer

Complete integrated asset retirement

Question: Score 0 of 1
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Where is the billing document created?
Please choose the correct answer.

Response:

Financial Accounting

Sales and Distribution

Accounting
 Materials Management

Question: Score 0 of 1
(skipped)
Which of the following assignments can be adjusted for the company code?
There are 3 correct answers to this question.

Response:

Chart of accounts

Company

Segment

Leading ledger

Fiscal year variant

Question: Score 0 of 1
(skipped)
What conditions must be met to post journal entries in a special period?
There are 2 correct answers to this question.

Response:

You must have specific authorization to post in special periods.

The special period must be open for posting in the period control.

The balance carry-forward to the new fiscal year must have taken place.

You must enter a posting date in the last posting period.

Question: Score 0 of 1
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Which elements define the integration of asset acquisitions to the general ledger?
There are 2 correct answers to this question.

Response:
 Depreciation keys

Valuation area

Asset class

Depreciation area

Question: Score 0 of 1
(skipped)
Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA.
What system configuration options are available for the customer within the convened system?
There are 2 correct answers to this question.

Response:

Implementation of additional currency type

Implementation of document splitting

Implementation of additional ledgers for parallel accounting

Implementation of chart of accounts conversion

Question: Score 0 of 1
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In the payment method settings for the company code, what options do you have for
payment optimization?
There are 2 correct answers to this question.

Response:

Optimization by discount

Optimization by bank group

Optimization by due date

Optimization by postal code

 Question: Score 0 of 1
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What must you do to create new validations and substitutions?
There are 2 correct answers to this question.

Response:

Select the relevant call-up point

Define the area of application

Deactivate all former validations and substitutions

Choose the chart of accounts

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