Free C_TS4FI_2020 Practice Test & Exam Questions (Page 4 )

How does SAP S/4 HANA support the treatment of taxes?
There are 3 correct answers to this question.

It performs tax adjustments for cash discounts and other forms of deductions.
It performs the adjustment to the tax codes and automatically updates theprocedure.
It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
It posts the tax amount to tax accounts.
It checks the tax amount entered and automatically calculates the tax.

Answer(s): A,D,E

In addition to the local and global currency inthe universal journal, how many freely defined currencies can you assign per company code and ledger.

Answer(s): B

To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer.

Answer(s): A

What does the document splitting do?

It enriches all secondary cost element account lines with the defined splitting characteristics.
It enriches all relevant balance sheet account lines with the defined splitting characteristics.
It enriches all revenue account lines with the defined splitting characteristics.
It enriches all profit and loss accountlines with the defined splitting characteristics.

Answer(s): B

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

Answer(s): B,C

SAP C_TS4FI_2020 Exam
SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) (Page 4 )