Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
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SKU: C_TS4FI_2021
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Free SAP C_TS4FI_2021 Exam Actual Questions

The questions for C_TS4FI_2021 were last updated On May 1, 2024

Question No. 1

Which fields of a financial accounting document influence the automatic payment program?

Note: There are 3 correct answers to this questions.

APayment method

BPayment transaction

CPayment type

DTerm of payment

EBaseline date

Show Answer

Correct Answer: A, B, D

Question No. 2

What do you need to do to configure a new exchange rate type in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

AMaintain exchange rates daily.

BSet up the relationship between currencies using translation ratios.

CSpecify the company code currency as the base currency.

DSpecify a purpose for the exchange rate type.

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Correct Answer: B, D

Question No. 3

What does the document splitting funtion do?

Note: There are 2 correct answers to this questions.

AIt enriches all relevant balance sheet account lines with the defined splitting characteristics.

BIt ensure that you can create complete financial reports per profit center if it is required by the business.

CIt enable the automatic creation of additional posting documents for each defined splitting characteristics.

DIt enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers.

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Correct Answer: A, D

Question No. 4

Your SAP S4/HANA system is integrated with controlling, You perform cost-of-sales accounting and you profit and loss per profit center.

When posting a supplier invoice to a primary cost account, wich field is mandatory by standard procedures?

AFunctional area

BSegment

CBusiness area

DProfitability segment

Show Answer

Correct Answer: C

Question No. 5

Which statement best describe extension ledgers in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

AMultiple extension ledgers can point to the same underlying ledger

BExtension ledgers can be assigned their own fiscal year variant

CExtension ledgers can be assigned their own posting period variant

DExtension ledgers can have different currencies than the underlying ledger

Show Answer

Correct Answer: A, C