Get 100% Authentic SAP C-TS4FI-2021 Dumps with Correct Answers
New Training Course C-TS4FI-2021 Tutorial Preparation Guide
The SAP C-TS4FI-2021 certification is ideal for professionals who work in financial accounting and want to upgrade their skills to the latest version of SAP S/4HANA. The certification can help candidates demonstrate their expertise in SAP S/4HANA Financial Accounting and increase their job opportunities and earning potential. Moreover, the certification is recognized globally and can be a valuable asset for candidates who want to work for multinational companies.
The SAP C_TS4FI_2021 exam consists of 80 multiple-choice questions and is three hours long. The exam tests candidates on various topics, including financial accounting basics, SAP S/4HANA functionalities for financial accounting, and financial closing processes. Candidates must score at least 64% to pass the exam and receive their certification.
NEW QUESTION # 19
Overview and Deployment of SAP S/4HANA
"What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)?
Note: There are 3 correct answers to this question."
- A. Upgrade intervals
- B. Code line
- C. Data model
- D. Configuration Scope
- E. User experience
Answer: B,C,E
NEW QUESTION # 20
What is the purpose of the chart of depreciation?
- A. The chart of depreciation manages country-specific legal valuation of fixed assets
- B. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
- C. The chart of depreciation defines the asset classes for which you can create fixed assets
- D. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
Answer: A
NEW QUESTION # 21
How does an automatic intercompany asset transfer work?
- A. It determines the relationship type automatically, using the company code
- B. determines the relationship type automatically, using the company ID
- C. It assumes that the transfer happens between two independent legal entities
- D. It does NOT allow a transfer to happen within a single legal entity
Answer: C
NEW QUESTION # 22
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.
- A. It's possible to to use asset under construction with investment management
- B. It's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction
- C. It's possible to post credit memos, ever after assets under construction are fully capitalized
- D. It's possible to post special tax depreciation and investment support for assets under construction
Answer: C,D
NEW QUESTION # 23
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
- A. Posting to the extension ledge
- B. posting to special putpose ledge
- C. Posting from CO to FI
- D. Posting to special periods
Answer: C
NEW QUESTION # 24
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.
- A. Asset master data is complete and without errors.
- B. The fixed asset fiscal year change is complete.
- C. Posting periods are closed for asset G/L accounts.
- D. Depreciation is posted in full for all assets.
Answer: A,D
NEW QUESTION # 25
Accounts Payable and Accounts Receivable
What dunning -related data do you maintain on the business partner master record? (3 correct answers)
- A. Dunning interval
- B. Dunning area
- C. Dunning Key
- D. Dunning block
- E. Dunning procedure
Answer: B,D
NEW QUESTION # 26
Overview and Deployment of SAP S/4HANA
"What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
Note: There are 2 correct answers to this question"
- A. You want to integrate the system into SAP Cloud Platform
- B. You want to clean up your system and use SAP Best Practices
- C. You want to use document splitting for the General Ledger
- D. You want to deploy SAP S/4HANA Cloud
Answer: B,D
NEW QUESTION # 27
General Ledger Accounting
"When is it possible to set the open item management indicator in a general ledger account Note: There are 2 correct answers to this question"
- A. When an account has a zero balance
- B. When an account is set up as balance sheet account
- C. When an account is set up as a secondary cost element
- D. When an account is set up as a reconciliation account
Answer: A,B
NEW QUESTION # 28
Financial Closing
"You post a purchase order
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question"
- A. Consulting services
- B. Raw material purchases
- C. Insurance premiums
- D. Fixed Asset purchases
Answer: B,D
NEW QUESTION # 29
"Organizational Assignments and Process Integration "
"What does the document type control?
Note: There are 2 correct answers to this question."
- A. Which account types are allowed for postings
- B. Which posting keys are allowed for postings
- C. Whether negative postings are permitted
- D. Whether text is required on line item level
Answer: B,C
NEW QUESTION # 30
For which special G/L indicator do you specify a target special G/L indicator?
- A. Customer down-payment
- B. Bill of exchange
- C. Vendor down-payment request
- D. Guarantee given
Answer: C
NEW QUESTION # 31
Accounts Payable & Accounts Receivable
"On which levels can you maintain field status controls for business partners (BP)?
Note: There are 2 correct ansers to this question"
- A. Company Code
- B. BP role
- C. BP type
- D. BP category
Answer: B,C
NEW QUESTION # 32
Accounts Payable & Accounts Receivable
Which field can you change on a posted invoice?
- A. Special G/L indicator
- B. Tax code
- C. Statistical internal order
- D. Basel ine date
Answer: D
NEW QUESTION # 33
How can you create an asset under construction?
Note: There are 2 correct answers to this questions.
- A. Manually (transaction AS01), using a specific asset class
- B. Automatically, when setting capex cost from an internal order
- C. Automatically, when creating an investment measure
- D. Automatically, when setting capex cost from a WBS element
Answer: C,D
NEW QUESTION # 34
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