[Apr-2025] Updated SAP Certified Associate C_TS4FI_2023 Exam Questions BUNDLE PACK
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NEW QUESTION # 16
You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the result of recording this guarantee in SAP S/4HANA?
- A. One noted item
- B. One statistical line item
- C. Two statistical line items
- D. Two noted items
Answer: B
NEW QUESTION # 17
At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.
- A. Company code
- B. Country
- C. Exchange rate type
- D. Client
Answer: C,D
NEW QUESTION # 18
You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the result of recording this guarantee in SAP S/4HANA?
- A. Two statistical line items
- B. One noted item
- C. Two noted items
- D. One statistical line item
Answer: A
NEW QUESTION # 19
What separates the leading ledger from other parallel standard ledgers?
- A. It doesn't derive values from other ledgers.
- B. It is used to represent the group valuation.
- C. It is used for performing segment reporting.
- D. It is assigned to all company codes.
Answer: A
NEW QUESTION # 20
Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?
- A. Segment
- B. Company code
- C. Business area
- D. Profit center
Answer: B
Explanation:
To meet legal requirements for financial statements in Switzerland, you need to create a separate company code for the permanent establishment there. A company code is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up for purposes of external reporting. This includes recording all relevant transactions and generating necessary financial statements.
Here are the steps to create a company code in SAP S/4HANA:
Define Company Code:
Transaction Code: OX02
Path: IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Edit, Copy, Delete, Check Company Code.
Enter a four-character alphanumeric code for the new company code and fill in the necessary details such as company name, city, country, currency, and language. Save the entries.
Assign Company Code to Company:
Transaction Code: OX16
Path: IMG -> Enterprise Structure -> Assignment -> Financial Accounting -> Assign company code to company.
Select the company code and assign it to the appropriate company.
Define Additional Settings:
Fiscal Year Variant: Define and assign a fiscal year variant suitable for Switzerland if it differs from your main fiscal year variant (Transaction Code: OB29 and OB37).
Field Status Variant: Assign field status variants to your company code to control the data entry for different fields (Transaction Code: OBC4 and OBC5).
Open and Close Posting Periods:
Transaction Code: OB52
Define the periods during which posting is allowed for the company code.
By creating a company code, you ensure that the financial transactions for the Swiss establishment are recorded separately, and the financial statements can be prepared as required by Swiss law.
NEW QUESTION # 21
What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.
- A. It must be linked to leading ledger OL.
- B. It must always post in real time.
- C. It must be defined as a cost accounting valuation area type.
- D. It cannot take over values from other areas.
Answer: A,D
NEW QUESTION # 22
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answe-rs to this que-stion.
- A. Cash account
- B. Balance Sheet Account
- C. Primary cost or Revenue
- D. Secondary Costs
- E. Non-operating Expense or Income
Answer: C,D,E
NEW QUESTION # 23
How are pages assigned to users on the SAP Fiori Launchpad?
- A. Via groups assigned to business roles which are assigned to users
- B. Directly to business roles which are assigned to users
- C. Via spaces assigned to business roles which are assigned to users
- D. Via sections assigned to business roles which are assigned to users
Answer: C
NEW QUESTION # 24
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth.
Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.
- A. Intercompany postings
- B. Plan depreciation amounts
- C. Secondary costs resulting from an assessment
- D. Primary costs resulting from a distribution
- E. Budgeted costs for a cost center
Answer: A,B,D
NEW QUESTION # 25
As a pre-closing activity, selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?
- A. Balance confirmation
- B. Balance notification
- C. Balance request
- D. Account statement
Answer: A
NEW QUESTION # 26
You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?
- A. They must all belong to the same company.
- B. They must be located in the same country.
- C. They must have the same configuration for payment transactions.
- D. They must belong to the same controlling area.
Answer: B
NEW QUESTION # 27
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
- A. Customer Accounting Document
- B. Manage Chart of Accounts
- C. Accounts Payable Overview
- D. Make Bank Transfers
Answer: B,C
NEW QUESTION # 28
At which level do you define functional areas in SAP S/4HANA?
- A. Company code
- B. Financial statement version
- C. Controlling area
- D. Client
Answer: D
NEW QUESTION # 29
Which model can be used for ABAP cloud-native development?
- A. The SAP S/4HANA Cloud Extensibility Model
- B. ABAP RESTful Application Programming Model
- C. The ABAP Cloud Development Model
Answer: B
NEW QUESTION # 30
You notice that in the entry view of a document you have fewer items than in the general ledger view. What is the reason for this?
- A. The sales tax is posted in details in the general ledger view.
- B. An extension ledger has been configured.
- C. Document splitting has been activated.
- D. The sub-ledger accounts are shown in details in the general ledger view.
Answer: C
NEW QUESTION # 31
You are trying to extend a G/L account to a new company code but are getting an error for incomplete dat a. All customizable fields have been set to option in the field status.
Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.
- A. Account number
- B. Field status group
- C. Account currency
- D. Sort key
Answer: B,C
NEW QUESTION # 32
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