Online Access Free C-TS4FI-2021 Practice Test

Which of the following steps do you typically perform during a payment run with the automatic payment program?
Note: There are 2 correct answers to this questions.

• A.Review the payment proposal exception list.
• B.Define maximum amounts to be paid per supplier.
• C.Rank bank accounts for payment.
• D.Maintain open item selection parameters.

How does SAP S4/HANA support the treatment of taxes?
Note: There are 3 correct answers to this questions.

• A.It post the tax amount to tax accounts
• B.It performs tax adjustments for cash discounts and other forms of deductions
• C.It adjust the tax codes and automatically updates the procedure
• D.It checks the tax amount entered and automatically calculates the tax
• E.It checks the tax codes and automatically updates the taxes based on changes by tax authorities

What are some features of SAP HANA?
Note: There are 2 correct answers to this questions.

• A.SAP HANA is allows transactional and analytical processing from the same tables.
• B.SAP HANA is built on a hierarchical data model architecture.
• C.SAP HANA is optimized to organize data using column stores.
• D.SAP HANA is optimized to work with aggregates and index tables.

You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this questions.

• A.Asset master data is complete and without errors.
• B.Depreciation is posted in full for all assets.
• C.Posting periods are closed for asset G/L accounts.
• D.The fixed asset fiscal year change is complete.

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

• A.It is the only object that can be uniformly derived using segments.
• B.It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.
• C.It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.
• D.It is the only object from which segments can be uniformly derived.