C_TS4FI_1511 by SAP Valid Free Exam Practice Test

Question 1

In which of the following segments of a customer or vendor master record can you enter the terms of payment?
Choose the correct answers.
Response:

A. Client level segment B. Purchasing organization segment C. Sales area segment D. Company code segment

Correct Answer: B,C,D

Question 2

True or False: You can assign G/L accounts to any item level in the FSV hierarchy.

A. False B. True

Correct Answer: A

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Question 3

Which of the following are the different history sheet groups that each version of asset history sheets can contain?
Choose the correct answers.
Response:

A. Reposting B. Acquisitions C. Imputed interest D. Book values at the end of the fiscal year

Correct Answer: A,B,D

Question 4

For which of the following tasks must you always indicate manual task completion?

A. Transactions B. Notes C. Programs D. Flow definitions

Correct Answer: B

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Question 5

Which of the following is an example of an automatic offsetting entry?
Choose the correct answer.
Response:

A. Down payment request B. Bank posting of a received down payment C. Posting of a guarantee of payment

Correct Answer: C

Question 6

What is a reason for performing data archiving?

A. To protect data from being lost B. To control hardware requirements C. To have fewer downtime cycles D. To back up data on a separate drive

Correct Answer: B

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Question 7

What is true for assigning charts of depreciation to company codes?

A. All company codes of single country must be assigned to the same chart of depreciation. B. A company with company codes in multiple countries can use a single chart of depreciation for all. C. You assign company codes only to charts of depreciation delivered by SAP. D. Each company code can be assigned to a different chart of depreciation.

Correct Answer: D

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Question 8

True or False: The special G/L indicator is the only way to post to a customer or supplier using a different reconciliation account.

A. False B. True

Correct Answer: A

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Question 9

How many custom currency types can you assign to a company code/ledger combination?

A. 12 B. 10 C. 8 D. 6

Correct Answer: C

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Question 10

Which of the following lists support the dunning clerk's work?
Choose the correct answers.
Response:

A. The blocked accounts list B. The dunning history list C. The dunning list D. The list of vendor balances in local currency

Correct Answer: A,B,C

Question 11

True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.

A. False B. True

Correct Answer: A

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Question 12

Which of the following methods does the depreciation key define?
Choose the correct answers.
Response:

A. Period control method B. Base method C. Asset sheet valuation method D. Multilevel method

Correct Answer: A,B,D

Question 13

True or False: You need to assign the workflow variant to a company code to be able to perform standard workflow scenarios such as parked document approvals.

A. False B. True

Correct Answer: B

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Question 14

Which of the following components make up an archiving object?
Choose the correct answers.
Response:

A. Data declaration part B. Variables C. Programs D. Customizing settings

Correct Answer: A,C,D

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) - C_TS4FI_1511 Exam Practice Test