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  • Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
  • Last Update: 24-Jun-2022
  • Questions and Answers: 93
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C_TS4FI_2021 Questions and Answers

Question # 1

Accounts Payable and Accounts Receivable

What dunning -related data do you maintain on the business partner master record? (3 correct answers)

A.

Dunning area

B.

Dunning interval

C.

Dunning procedure

D.

Dunning block

E.

Dunning Key

Question # 2

General Ledger Accounting

How does the system perform the normal reversal of a journal entry?

A.

It creates an inverse posting by resetting the transaction figures

B.

It creates an inverse posting by decreasing the transaction figures

C.

creates an inverse posting by increasing the transaction figures

D.

It creates the inverse posting of a cleared document before resetting it

Question # 3

What is the purpose of the chart of depreciation?

A.

The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.

B.

The chart of depreciation defines the asset classes for which you can create fixed assets

C.

The chart of depreciation manages country-specific legal valuation of fixed assets

D.

The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

Question # 4

General Ledger Accounting

"What are the characteristics of a company in SAP S/4HANA?

Note: There are 2 correct answers to this question."

A.

It represents separate areas of operation within an organization.

B.

It is considered for consolidation.

C.

It can be assigned to a company code.

D.

It is responsible for costs and revenues within an organization.

Question # 5

Accounts Payable & Accounts Receivable

"Which fields of a financial accounting document influence the automatic payment program?

Note: There are 3 correct answers to this question."

A.

Payment transaction

B.

Payment type

C.

Baseline date

D.

Terms of payment

E.

Payment method

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