Practice Free C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Exam Questions Answers With Explanation

Foreign currency valuation must be posted

Accruals must be posted

Balance sheet adjustments must be posted

Ledger balances must be carried forward

Basel ine date

Tax code

Special G/L indicator

Statistical internal order

It's possible to post credit memos, ever after assets under construction are fully capitalized

It's possible to post special tax depreciation and investment support for assets under construction

It's possible to to use asset under construction with investment management

It's possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction

Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle

Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle

Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions

Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area

Segment

Controlling area

Profit center

Functional area

The same financial document number range can be assigned to several document type

All financial document number ranges can contain numbers and/or letters

Financial document number ranges defined at client level should NOT overlap

Financial document number ranges are defined at company code level

Financial document number ranges must be defined for the year in which they are used

Define two separate asset classes to manage LVA using individual or collective management

Specify the minimum amount for LVA at three levels: company code, depreciation area and asset class

Specify the minimum amount for LVA at two levels: company code and chart of depreciation

Define a base unit for measure for LVA in individual management

Block an account.

Raise the dunning level of an item.

Change a document.

Lower the dunning level of an item.

Block a I ine item.

Define two valuation methods and assign the ledger groups to the new valuation methods

Define two valuation area and assign and two extension ledgers with relevant links to accounting principles

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

Define two valuation area and assign and two accounting principles with relevant links to ledgers

Multiple extension ledgers can point to the same underlying ledger

Extension ledgers can be assigned their own fiscal year variant

Extension ledgers can be assigned their own posting period variant

Extension ledgers can have different currencies than the underlying ledger

Line item text templates must be maintained

The posting period variant must be created and assigned

Number range and document types must be maintained

Automatic account determination must be maintained

Invoice receipt posted in reference to the purchase order

Invoice receipt posted before the goods receipt

Good receipt posted before the invoice receipt

Goods receipt posted in reference to the purchase order

Set the deletion flag in the company code data of the G/L account.

The account is not used in any automatic account determination.

Transactional figures are older than a customizable amount of years.

Set the deletion flag in the chart of accounts data of the G/L account.

There are no transaction figures for the account.

For any balance sheet account managed on a line item basis

For any G/L account defined as a reconciliation account

For any account that can be posted in foreign currency

For any account that is managed on an open item basis

Data Medium Exchange (DME) details

Control data

Information for electronic payment transactions

Address details

Whether postings to special periods are permitted

Which posting keys are allowed for postings

whether postings to secondary cost accounts are permitted

Which account type are allowed for postings

Whether negative posting are permitted

Transaction types

Number ranges

Screen layout rule

Posting keys

Account determination

Functional area

Segment

Business area

Profitability segment

Payment terms

Payment run

Bank determination

Paying company codes