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C_TS4FI_2021 Exam Dumps - SAP Certified Application Associate Questions and Answers

Question # 4

In your SAP S4/HANA system, you report financial values for two separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.

If you use the application to post integrated asset acquisitions, how many documents will the system post?

Options:

A.

2

B.

4

C.

3

D.

1

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Question # 5

You want to edit a dunning proposal.

Which actions can you perform?

Note: There are 3 correct answers to this questions.

Options:

A.

Block an account.

B.

Raise the dunning level of an item.

C.

Change a document.

D.

Lower the dunning level of an item.

E.

Block a I ine item.

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Question # 6

How does an automatic intercompany asset transfer work?

Options:

A.

It assumes that the transfer happens between two independent legal entities

B.

It determines the relationship type automatically, using the company code

C.

determines the relationship type automatically, using the company ID

D.

It does NOT allow a transfer to happen within a single legal entity

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Question # 7

What items are NOT cleared by automatic clearing program?

Note: There are 3 correct answers to this questions.

Options:

A.

Items with- sales and use tax

B.

Statistical postings

C.

Items with withholding tax

D.

Noted items

E.

Items with value-added tax

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Question # 8

Which of the following statements are valid for financial document number ranges?

Note: There are 3 correct answers to this questions.

Options:

A.

The same financial document number range can be assigned to several document type

B.

All financial document number ranges can contain numbers and/or letters

C.

Financial document number ranges defined at client level should NOT overlap

D.

Financial document number ranges are defined at company code level

E.

Financial document number ranges must be defined for the year in which they are used

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Question # 9

Which of the following closing activities is a so-called technical closing step?

Options:

A.

Process purchase order accruals

B.

Perform asset depreciation run

C.

Perform valuations of open items in foreign currency

D.

Close the previous period in Material Management (MM)

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Question # 10

What is the recommended organizational unit for cost of sales accounting?

Options:

A.

Segment

B.

Controlling area

C.

Profit center

D.

Functional area

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Question # 11

You 'd like to set up low values asset (LVA) management.

What do you need to do?

Options:

A.

Define two separate asset classes to manage LVA using individual or collective management

B.

Specify the minimum amount for LVA at three levels: company code, depreciation area and asset class

C.

Specify the minimum amount for LVA at two levels: company code and chart of depreciation

D.

Define a base unit for measure for LVA in individual management

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Question # 12

Which date is used to determine the depreciation star date?

Options:

A.

Baseline date

B.

Acquisition date

C.

Posting date

D.

Asset value date

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Question # 13

What are some features of SAP HANA?

Note: There are 2 correct answers to this questions.

Options:

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 is allows transactional and analytical processing from the same tables.

D.

SAP HANA is built on a hierarchical data model architecture.

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Exam Code: C_TS4FI_2021
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
Last Update: Feb 17, 2025
Questions: 80
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