C-TS4FI-2021 by SAP Valid Free Exam Practice Test

Question 1

You are getting ready to post you first simple general ledger document using the SAP Fiori app for posting in the test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this questions.

A. Line item text templates must be maintained B. Automatic account determination must be maintained C. The posting period variant must be created and assigned D. Number range and document types must be maintained

Correct Answer: C,D

Question 2

What do you need to do to configure a new exchange rate type in SAP S/4HANA?
Note: There are 2 correct answers to this questions.

A. Maintain exchange rates daily. B. Specify the company code currency as the base currency. C. Specify a purpose for the exchange rate type. D. Set up the relationship between currencies using translation ratios.

Correct Answer: C,D

Question 3

You have been asked to set up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this questions.

A. Payment method B. Bank control key C. Bank master data D. General ledger account E. Company code

Correct Answer: C,D,E

Question 4

What items are NOT cleared by automatic clearing program?
Note: There are 3 correct answers to this questions.

A. Statistical postings B. Items with value-added tax C. Noted items D. Items with withholding tax E. Items with- sales and use tax

Correct Answer: A,C,D

Question 5

What area the maintenance levels of a screen layout rule for asset master data?
Note: There are 3 correct answers to this questions.

A. Asset class B. Main asset number C. Depreciation area D. Group asset E. Asset subnumber

Correct Answer: A,B,E

Question 6

What are prerequisites for the 3-way match to work in procurement transactions?
Note: There are 2 correct answers to this questions.

A. Invoice receipt posted in reference to the purchase order B. Good receipt posted before the invoice receipt C. Invoice receipt posted before the goods receipt D. Goods receipt posted in reference to the purchase order

Correct Answer: A,D

Question 7

Which field can you change on a posted invoice?

A. Basel ine date B. Special G/L indicator C. Statistical internal order D. Tax code

Correct Answer: A

Question 8

What are prerequisites for the 3-way match to work in procurement transactions?
Note: There are 2 correct answers to this questions.

A. Invoice receipt posted in reference to the purchase order B. Good receipt posted before the invoice receipt C. Invoice receipt posted before the goods receipt D. Goods receipt posted in reference to the purchase order

Correct Answer: A,D

Question 9

which characteristics maps the business partner to the customer and supplier account groups?

A. Business partner account group B. Business partner view C. Business partner grouping D. Business partner role

Correct Answer: C

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) - C-TS4FI-2021 Exam Practice Test