SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610) - C-TS4FI-1610 Exam Practice Test

Which currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Response:
Correct Answer: A,C
Which of the following procedures are available to check the balance of receivables and payables in
balance confirmations?
Choose the correct answers.
Response:
Correct Answer: B,C,D
True or False: When you create a new standard ledger from scratch, it's assigned to all company codes
by default.
Correct Answer: A
Explanation: (Only visible to ExamsLabs members)
Which business partner categories does the system support? (There are three correct answers.)
Correct Answer: B,C,E
Explanation: (Only visible to ExamsLabs members)
True or False: You can change all delivered special G/L indicators and assign your own to business
processes.
Correct Answer: A
Explanation: (Only visible to ExamsLabs members)
In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Choose the correct answer.
Response:
Correct Answer: A
The SAP HANA database relies on which of the following technologies for storing data? (There are three
correct answers.)
Correct Answer: A,C,D
Explanation: (Only visible to ExamsLabs members)
An online test run for depreciation is limited to how many assets?
Correct Answer: C
Explanation: (Only visible to ExamsLabs members)
Which field status has the lowest priority (G/L accounts)?
Response:
Correct Answer: A
What is the relationship between accounts of the operating chart of accounts and the local chart of
accounts?
Correct Answer: D
Explanation: (Only visible to ExamsLabs members)
How many intervals are defined for the foreign currency valuation run ID per client?
Response:
Correct Answer: D
If there is no entry or if a runtime value is empty, the system uses a minimum runtime of 999 days.
Determine whether this statement is true or false.
Response:
Correct Answer: A