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Home SAP C_TS4FI_2020

SAP C_TS4FI_2020 Exam Practice Questions (P. 1)

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Question #1
Which of the following is a technical year-end closing activity in SAP S/4HANA?
  1. A
    Ledger balances must be carried forward.
  2. B
    Foreign currency valuation must be posted.
  3. C
    Balance sheet adjustments must be posted.
  4. D
    Accruals must be posted.

Correct Answer:
A

Question #2
Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)
  1. A
    Asset class
  2. B
    Depreciation keys
  3. C
    Valuation area
  4. D
    Depreciation area

Correct Answer:
AB

Question #3
A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to this account?
  1. A
    You can post to the account in any currency and it will be converted into CAD.
  2. B
    You can only post to the account in CAD and USD.
  3. C
    You can only post to the account in CAD, USD, and EUR.
  4. D
    You can only post to the account in CAD.

Correct Answer:
D

Question #4
You forgot to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?
  1. A
    The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
  2. B
    The balance of the new account is added to the non-assigned section and is included in the calculation.
  3. C
    The balance of the new account is added to the non-assigned section and is excluded from the calculation.
  4. D
    The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.

Correct Answer:
B

Question #5
You want to create a substitution in Financial Accounting.
Which parts do you have to define for each step of the substitution? (Choose two.)
  1. A
    Substitution values
  2. B
    Prerequisite statement
  3. C
    Callup point
  4. D
    Check statement

Correct Answer:
BA

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