Free SAP C_TS4FI_2021 Exam Questions (page: 13)

Financial Closing

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

Note: There are 2 correct answers to this question."

  1. Extension ledger can be assigned their own fiscal year variant.
  2. Extension ledgers can have different currencies than the underlying.
  3. Multiple extension ledgers can point to the same underlying ledger.
  4. Extension ledgers can be assigned their own posting period variant.

Answer(s): C,D



Accounts Payable & Accounts Receivable

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

Note: There are 3 correct answers to this question."

  1. Payment transaction
  2. Payment type
  3. Baseline date
  4. Terms of payment
  5. Payment method

Answer(s): C,D,E



General Ledger Accounting

"You are getting ready to post your first simple general ledger document using the SAP fiori app for posting in a test environment.

What configuration items do you need to set up to post a simple document?

Note: There are 2 correct answers to this question. "

  1. The posting period variant must be created and assigned.
  2. Number range and document types must be maintained.
  3. User must be assined to a tolerance group.
  4. Line item text templates must be maintained.

Answer(s): A,B



Asset Accounting

"In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalize in a single accounting priciple.

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

  1. 3
  2. 2
  3. 1
  4. 4

Answer(s): A



Viewing page 13 of 24



Post your Comments and Discuss SAP C_TS4FI_2021 exam prep with other Community members:

C_TS4FI_2021 Exam Discussions & Posts