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C_TS4FI_2021 practice test questions answers

SAP C_TS4FI_2021 Exam Dumps - Actual Questions Answers

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)

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  • Last Update: Jul 4, 2022
  • Number of Questions: 93 questions
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C_TS4FI_2021 Questions and Answers

Question # 1

General Ledger Accounting

"Which prerequisites must be fulfilled to allow fot negative posting of journal entry?

Note: There are 2 correct answers to this question"

A.

The posting key must allow nagative postings.

B.

The company code must allow negative postings.

C.

The reversal acccount must be configured to allow nagative postings.

D.

The reversal reason must be configured to allow nagative postings.

Question # 2

Overview and Deployment of SAP S/4HANA

"What are some of the benefits of the data handing in SAP S/4HANA?

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

A.

The data is aggregated on the fly from any line item table.

B.

The data is constantly auto archived to optimize memory usege.

C.

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

D.

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

Question # 3

Financial Closing

"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting

principles.

How can you set this up in the system?"

A.

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

B.

Define two valuation ares and two accounting principles witth relevate links to ledgers.

C.

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

D.

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

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