Online Access Free C-TS4FI-2020 Practice Test

You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question.

• A.Fixed Asset purchases
• B.Insurance premiums
• C.Raw material purchases
• D.Consulting services

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

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

At what level is the bank master data stored in SAP S/4HANA?

• A.At the client level
• B.At the credit control area level
• C.At the company code level
• D.At the company level

Which statements best describe extension ledgers in SAP S/4HANA? Note: There are 2 correct answers to this question.

• A.Extension ledgers can be assigned their own fiscal year variant.
• B.Multiple extension ledgers can point to the same underlying ledger.
• C.Extension ledgers can be assigned their own posting period variant
• D.Extension ledgers can have different currencies than the underlying ledger.

Which of the following is a technical year-end closing activity in SAP S/4HANA?

• A.Foreign currency valuation must be posted.
• B.Profit center carry-forward must be posted.
• C.Ledger balances must be carried forward
• D.Balance sheet adjustments must be posted.