C_TS4FI_2021 Practice Test Questions Updated 95 Questions [Q48-Q62] : Exams Labs Braindumps : http://blog.examslabs.com

NO.48 “Organizational Assignments and Process Integration “
Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?

A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.

A down payment request is created as an FI noted item, which automatically generates as an SD billing document.

A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item.

A down payment request is created as an FI noted item, which automatically generates as an SD sales order.

NO.49 “Organizational Assignments and Process Integration “
“What does the document type control?
Note: There are 2 correct answers to this question.”

Which account types are allowed for postings

Whether text is required on line item level

Whether negative postings are permitted

Which posting keys are allowed for postings

NO.50 Financial Closing
“What are the features of the Accrual Engine in SAP S/4HANA?
Note: There are 2 correct answers to this question”

The fiscal year variant of the general ledger is supported

All accrual calculations must be reviewed and approved before posting

All currencies of the general ledger are supported

Accrual postings with a maximum of two line items are supported

NO.51 Financial Closing
“You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed.
What account does the system use to post the valuation differences?”

Alternative reconciliation G/L account

Adjustment G/L account for foreign currency

Individual supplier accounts with special G/L indicator

Supplier reconciliation G/L account

NO.52 Accounts Payable & Accounts Receivable
“Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this question.”

Account required

Document number required

Reason code required

Number of date fields required

Company code required

NO.53 General Ledger Accounting
What does the document splitting functionality do?

It enriches all relevant balance sheet account lines with the defined splitting characteristics.

It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items.

It enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers.

It enables the automatic create of additional posting documents for each defined spliiting charecteristic.

NO.54 Accounts Payable & Accounts Receivable
“Which of the following statemens best describe a noted item?
Note: There are 2 correct answers to this question”

It can be used to remind the user about due payments

It can be accessed by the payment program

It has an automatic statistical offsetting entry

It updates the subledger and the general ledger

NO.55 When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.

When an account is used as a reconciliation account

When an account has a zero balance

When an account is set up as a cost element

When an account is required for clearing

NO.56 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.”

Payment transaction

Payment type

Baseline date

Terms of payment

Payment method

NO.57 General Ledger Accounting
“You are responsible for configuring document splitting.
What are some of the ky settings?
Note There are 2 correct answer to this question.”

Business transaction variant

Document type

Field status variant

Document number range

NO.58 Which of the following is a technical year-end closing activity in SAP S/4HANA?

Profit center carry-forward must be posted.

Foreign currency valuation must be posted.

Balance sheet adjustments must be posted.

Ledger balances must be carried forward

NO.59 Overview and Deployment of SAP S/4HANA
“You are a group cash manager interested in the North American business market.
What are the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this question”

You can create a tile group with all the apps required for you daily business for easy access

You can create a tile to take you directly to the cash position of the North American business market

You can manage user access to relevant apps for the North American accounts payable group that reports to you

You can adapt the launchpad color theme according to predefined values for the cash report

NO.60 General Ledger Accounting
“Besides using the profit center, which options dose General Ledger Accounting with document splitting provide to assign a segment to the posting line?
Note: there are 2 correct answers to this question.”

Definition of validation rules

Badi implementation (FAGL_DERIVE_SEGMENT)

Standard account assignment using constants

Assignment of default segments to G/L accounts

NO.61 General Ledger Accounting
How does the system perform the normal reversal of a journal entry?

It creates an inverse posting by resetting the transaction figures

It creates an inverse posting by decreasing the transaction figures

creates an inverse posting by increasing the transaction figures

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

NO.62 “Organizational Assignments and Process Integration “
“Ypu need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.
How do you define the document number range?”

You must use external number assignment.

You can use internal or external number assignment, but it has to be continuous.

You must use internal number assignment.

You can use internal or external number assignment.

C_TS4FI_2021 Practice Test Questions Updated 95 Questions [Q48-Q62]

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