C-TS4FI-1709 by SAP Valid Free Exam Practice Test

Question 1

The government announces that it plans to change the basic VAT tax percentage from 20% to 18%. What do you have to do in the system to comply? Please choose the correct answer.

A. Change the tax percentage for input and output tax codes to 18%. B. Create new tax codes with the 18% percentage for input and output tax. C. Change the tax percentage for existing input tax codes to 18%. D. Create new tax codes with the 18% percentage for input tax.

Correct Answer: B

Question 2

Which of the following standard correspondence types can you use to exchange information with customers and suppliers? There are 2 correct answers to this question.

A. Payment notices B. Bill of exchange charges statements C. Invoices D. Dunning letters

Correct Answer: A,D

Question 3

Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Please choose the correct answer.

A. Client level B. Account level C. Organization level D. Company code

Correct Answer: A

Question 4

Which stage of the sales process creates documents for both Materials Management and Financial Accounting? Please choose the correct answer.

A. Sales order creation B. Shipping - goods issue C. Shipping - delivery creation D. Billing

Correct Answer: B

Question 5

Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser. Determine whether this statement is true or false..

A. False B. True

Correct Answer: B

Question 6

What must you do to create new validations and substitutions? There are 2 correct answers to this question.

A. Define the area of application B. Deactivate all former validations and substitutions C. Choose the chart of accounts D. Select the relevant call-up point

Correct Answer: A,D

Question 7

What kind of customization can users do on their launchpad? There are 2 correct answers to this question.

A. Change the names of tiles. B. Change the name of tile groups C. Change the icons on tiles. D. Create their own tile groups.

Correct Answer: B,D

Question 8

Which of the following activities does the system perform during the payment run? There are 3 correct answers to this question.

A. The system clears open items. B. The system supplies the print programs with necessary data. C. The system exports a list of documents to be paid. D. The system makes postings to the G/L and AP/AR subledgers.

Correct Answer: A,B,D

Question 9

In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Please choose the correct answer.

A. Revalue only B. High rate of interest principle C. Lowest value principle D. Strict lowest value principle

Correct Answer: B

Question 10

Which business scenarios can be handled with accrual and deferral postings? Please choose the correct answer.

A. One-time payment for fixing flooding damage B. Monthly rent payments for an office building C. Monthly subscription to a financial newspaper D. One-time payment for one-year cloud storage service

Correct Answer: D

Question 11

Which of the following functions include the important functions of the SAP List Viewer tool? There are 3 correct answers to this question.

A. Setting filters B. Deleting and inserting columns C. Defining print parameters D. Calculating totals and subtotals

Correct Answer: A,B,D

Question 12

You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for an area 01 is assigned to the leading ledger for leading valuation and depreciation area
32 is assigned to the non-leading ledger for parallel valuation. What posting option should you choose for depreciation area 32? Please choose the correct answer.

A. Area Posts APC Immediately, Depreciation Periodically B. Area Does Not Post C. Area Posts Depreciation Only D. Area Posts in Real Time

Correct Answer: D

Question 13

Which of the following steps are parts of the process of configuring the payment program? There are 3 correct answers to this question.

A. Configure the paying company codes B. Configure the payment methods for each company code C. Configure the G/L account field status for document entry D. Configure the house banks

Correct Answer: A,B,D

Question 14

Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? There are 2 correct answers to this question.

A. Process bad debt expenses for accounts receivable. B. Create the asset history sheet for asset accounting C. Post recurring entries for the general ledger. D. Perform foreign currency valuation for accounts payable.

Correct Answer: A,C

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1709) - C-TS4FI-1709 Exam Practice Test