SAP c-ts4fi-2020 practice test

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Exam


Question 1

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

  • A. It determines the fields in the entry screen when you create or update a master record in the company code
  • B. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.
  • C. It defaults the number interval that is applied for the G/L account number in the company code.
  • D. It is used for cross-company-code reporting if the company codes use different charts of account.
Answer:

D

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Question 2

You need to use foreign currency valuation in the ledger solution. Which objects must you define in
Customizing? There are 3 correct answers to this question.

  • A. Accounting principles
  • B. Simulation extension ledger
  • C. Value adjustment keys
  • D. Valuation areas
  • E. Account determinations
Answer:

A, D, E

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Question 3

During the archiving procedure, if the application generates a specific log, it is used; otherwise, you
need to manually create a log. Determine whether this statement is true or false. Please choose the
correct answer.

  • A. False
  • B. True
Answer:

A

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Question 4

In which application areas can you use validation? There are 2 correct answers to this question.

  • A. Profit Center Accounting
  • B. Materials Management
  • C. Asset Accounting
  • D. Cost Accounting
Answer:

C, D

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Question 5

True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required
scope. Please choose the correct answer.

  • A. False
  • B. True
Answer:

B

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Question 6

Which objects can be posted to by more than one company code? There are 3 correct answers to this
question.

  • A. Cost center
  • B. Profit Center
  • C. Sales organization
  • D. Business area
  • E. Segment
Answer:

C, D

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Question 7

In the SAP S/4HANA application, the payment program and dunning program can access noted items
for further processing. Determine whether this statement is true or false. Please choose the correct
answer.

  • A. True
  • B. False
Answer:

A

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Question 8

Which dates can you use for tax calculation? There are 2 correct answers to this question.

  • A. Posting date
  • B. Document date
  • C. Entry date
  • D. Due date
Answer:

A, B

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Question 9

Cleared items contain which of the following pieces of information? There are 2 correct answers to
this question.

  • A. Archival information
  • B. Clearing document number
  • C. Clearing date
  • D. Due date
Answer:

B, C

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Question 10

What is controlled by the terms of payment? There are 3 correct answers to this question.

  • A. Allowed account type
  • B. Determination of the baseline date
  • C. Setting for net procedure
  • D. Default payment method
  • E. Account for cash discount received
Answer:

A, B, D

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