[Nov 13, 2022] Pass C-TS4FI-2020 Review Guide, Reliable C-TS4FI-2020 Test Engine [Q65-Q81]

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[Nov 13, 2022] Pass C-TS4FI-2020 Review Guide, Reliable C-TS4FI-2020 Test Engine

C-TS4FI-2020 Test Engine Practice Test Questions, Exam Dumps

SAP C-TS4FI-2020 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
General Ledger Accounting > 12%

Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting.

Organizational Assignments and Process Integration > 12%

Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges.

Asset Accounting > 12%

Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting.

Accounts Payable & Accounts Receivable > 12%

Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales.

Overview and Deployment of SAP S/4HANA < 8%

Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options.

Financial Closing > 12%

Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods.

SAP C-TS4FI-2020 Exam Description:

The “SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)” certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects.
This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: “SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Financials experts”.

 

Q65. What should you do to set up a new exchange rate type in SAP S / 4HANA? There are 2 correct answers to this question.

 
 
 
 

Q66. What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question

 
 
 
 

Q67. How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?

 
 
 
 

Q68. What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer.

 
 
 
 

Q69. In your SAP S/4HANA system, you report financial values for three 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?
Please choose the correct answer.
Response:

 
 
 
 

Q70. The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?

 
 
 
 

Q71. Within the line items of Fl documents, what does the posting key control?
Note: There are 3 correct answers to this question.
Response:

 
 
 
 
 

Q72. Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
There are 3 correct answers to this question.
Response:

 
 
 
 
 

Q73. Which of the following activities does the system perform during the payment run? Choose the correct answers. 3

 
 
 
 

Q74. Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
Response:

 
 
 
 

Q75. With the automatic clearing program, a user can clear open items for which of the following items? Choose the correct answers. (2)

 
 
 
 

Q76. Which of the following are posted in theprogram FAA_DEPRECIATION_POST? Choose the correct answers.
(3)

 
 
 
 

Q77. How does the system behave when an invoice is processed as a residual payment?

 
 
 
 

Q78. The SAP HANA database relies on which of the following technologies for storing data? There are three correct answers

 
 
 
 
 

Q79. For which special G/L indicator do you specify a target special G/L indicator? Please choose the correct answer.

 
 
 
 

Q80. Which of the following procedures are available to check the balance of receivables and payables in balance confirmations?
There are 3 correct answers to this question.
Response:

 
 
 
 

Q81. What is the correct order of steps when you use the SAP I financial Closing Cockpit?

 
 
 
 

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