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C_TS4FI_2021 practice test questions answers

SAP C_TS4FI_2021 Exam Dumps - Actual Questions Answers

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)

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  • Last Update: Nov 20, 2024
  • Questions: 80 questions
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C_TS4FI_2021 Questions and Answers

Question # 1

What does the document splitting funtion do?

Note: There are 2 correct answers to this questions.

A.

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

B.

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

C.

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

D.

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

Question # 2

You want to edit a dunning proposal.

Which actions can you perform?

Note: There are 3 correct answers to this questions.

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.

Question # 3

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

A.

Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle

B.

Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle

C.

Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions

D.

Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area

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SAP C_TS4FI_2021 Exam Dumps FAQs

1. What is the SAP C_TS4FI_2021 Certified Application Associate Exam?

The SAP C_TS4FI_2021 Certified Application Associate Exam is a certification exam that 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.

2. What is the format of SAP C_TS4FI_2021 Certified Application Associate Exam?

The SAP C_TS4FI_2021 Certified Application Associate Exam is a computer-based exam consisting of multiple-choice questions. The exam duration is 180 minutes, and the passing score is 60%.

3. What are the benefits of earning the SAP C_TS4FI_2021 Certified Application Associate Exam?

Earning the C_TS4FI_2021 SAP Certified Application Associate certificationoffers numerous benefits, including:

  • Enhanced career prospects:This certification boosts your resume and demonstrates your commitment to professional development in the SAP S/4HANA Finance domain. This can significantly improve your job opportunities and earning potential in the field.
  • Increased understanding of SAP S/4HANA Finance:The preparation process for the C_TS4FI_2021 exam solidifies your understanding of key SAP S/4HANA Finance concepts and functionalities,enhancing your ability to perform your job efficiently and effectively.
  • Improved efficiency and productivity:By gaining proficiency in SAP S/4HANA Finance functionalities,you can streamline financial processes,automate tasks,and improve overall efficiency and productivity within your organization.
  • Greater confidence and credibility:Earning this certification demonstrates your expertise and competence to stakeholders and colleagues,boosting your confidence and credibility in your role.

4. What topics are covered in the SAP C_TS4FI_2021 Certified Application Associate Exam?

The SAP C_TS4FI_2021 Certified Application Associate Exam covers a comprehensive range of topics related to SAP S/4HANA Finance, including:

  • General Ledger Accounting: Account creation and management, journal entries, account reconciliations, financial statements.
  • Accounts Payable: Vendor master data management, invoice processing, payment processing.
  • Accounts Receivable: Customer master data management, order processing, credit management, collections.
  • Fixed Assets: Asset master data management, depreciation calculations, asset retirements.
  • Management Accounting: Cost center accounting, profit center accounting, internal orders.
  • Configuration and Customization: Basic understanding of SAP S/4HANA configuration tools and customizing objects.

5. What is the validity period of the SAP C_TS4FI_2021 Certified Application Associate Exam?

The certificate issued for passing the SAP C_TS4FI_2021 Certified Application Associate Exam will be valid for 5 years.

6. Where can I find practice questions and study materials for the SAP C_TS4FI_2021 Certified Application Associate Exam?

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