Online Access Free C_TS4FI_2020 Practice Test

What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

• A.In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.
• B.In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach
• C.In the accounts approach, you assign a separate set of accounts for each accounting principle , unlike the ledger approach.
• D.In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach

What are some features of SAP HA NA? Note:There are 2 correct answers to this question

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

You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Which setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copied over when you create a new asset via copy?

• A.Remove the sub number indicator
• B.Remove the reference indicator
• C.Remove the main asset indicator
• D.Remove the asset class indicator

For which account can you perform account clearing in SAP S/4HANA?

• A.For any balance sheet account.
• B.For any account that is managed on a line item basis.
• C.For any account that is managed on an open item basis
• D.For any GL account defined as reconciliation account

What do you define when configuring asset classes? Note:There are 3 correct answers to this question.

• A.Number ranges
• B.Screen layout rules
• C.Posting keys
• D.Account determination
• E.Financial statement version