C_TS4FI_2023 Online Practice Questions and Answers

Which of the following objects is only a statistical account assignment for cost postings to an asset?

A. Profit center

B. Internal order

C. Cost center

D. WBS element

On what level can you restrict postings using the posting period variant? Note: There are 2 correctanswers to this question.

A. Customer reconciliation account

B. Fixed asset number

C. G/L account

D. Supplier account

The SAP Business Network helps customers digitalize cross-company business processes.

On which solutions does the network build? Note: There are 3 correctanswers to this question.

A. Contingent Workforce

B. Travel

C. Human Capital Management

D. Procurement

E. Sales

The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HANA. How does it work?

A. The invoice needs to be created in reference to the goods receipt.

B. The purchase order needs to be created in reference to a purchase request.

C. The 3 logistical steps each generate financial documents.

D. The goods receipt needs to be created in reference to the purchase order.

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. Business area

B. Segment

C. Profit center

D. Company code

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. Account statement

B. Balance notification

C. Balance request

D. Balance confirmation

In which scenarios is the technical clearing account posted? Note: There are 2 correctanswers to this question.

A. Asset transfer posting between asset classes

B. Settlement of an investment order to an asset under construction

C. Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)

D. Valuated goods receipt on a purchase order with an asset as account assignment

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. Two noted items

C. One noted item

D. One statistical line item

You want to assign your 3 newly created company codes to the same controlling area.

Which settings must be common to all the company codes? Note: There are 2 correctanswers to this question.

A. Posting period variant

B. Fiscal year variant

C. Operating chart of accounts Source

D. currency for group currency

You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems.

How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A. 01

B. 10

C. 15

D. 05