Online Access Free C-TS4FI-2020 Practice Test

You assign currency type 40 to your company code in ledger GL. Which source currency types can you select? Note: There are 2 correct answers to this question.

• A.Company code currency
• B.Controlling area currency
• C.Group currency
• D.Document currency

What are some of the benefits of the data handling in SAP S/4HANA? Note: There are 2 correct answers to this question.

• A.The data is aggregated on the fly from any line item table.
• B.The data is summarized into higher levels of aggregates to help system performance.
• C.The data is available in real time at line item detail.
• D.The data is analyzed after it is extracted and loaded in the reporting system.

Which statements best describe a profit center? Note: There are 2 correct answers to this question

• A.It is the only object from which segments can be uniformly derived
• B.It is an element for which separate balance sheet and P&L statements can be created
• C.It is the only object that can be uniformly derived using segments
• D.It must be used simultaneously with segments to create separate balance sheet and P&L statements.

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed. What account does the system use to post the valuation differences?

• A.Statistical FOREX noted item account
• B.Adjustment account for foreign currency
• C.Individual supplier accounts with special GL indicator
• D.Supplier reconciliation GL account

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

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