C_TS4FI_2023 Online Dumps Boost Your Career

The C_TS4FI_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting certification exam is challenging, and it's natural to feel anxious and nervous before taking the exam. Practicing with C_TS4FI_2023 dumps questions can help alleviate this anxiety by boosting your confidence. As you practice and become more familiar with the exam format and content, you'll feel more confident in your abilities, which can help you perform better on the actual C_TS4FI_2023 exam. Practicing with C_TS4FI_2023 questions can increase your chances of success in the certification exam. Practice free SAP C_TS4FI_2023 exam dumps below.

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1. You define the technical clearing account for Integrated Asset Acquisition in Customizing.

Which prerequisites must be met? Note: There are 2 correct answers to this question.

The account is a balance sheet account.

The account is defined as open item managed.

The account is defined in the account determination for each asset class.

The account is defined as a reconciliation account for fixed assets.

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2. At which level do you define functional areas?

Controlling area

Client

Financial statement version

Company code

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3. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

Balance valuation on items for balance sheet accounts not defined as open item management

Balance valuation on items for balance sheet accounts defined with ledger group specific open item management

Line item valuation for balance sheet accounts defined as open item management

Line item valuation for balance sheet accounts not defined as reconciliation account

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4. You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. 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.

Account currency

Account number

Field status group

Sort key

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5. Where can you see the matching results from the Intercompany Matching and Reconciliation tool?

In the Consolidation Journal table (ACDOCU)

In the Universal Journal table (ACDOCA)

In the Accounting Document Segment table (BSEG)

In an application specific table (ICADOCM)

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6. How does the system determine the relevant accounting principle when performing foreign currency valuation?

Via the valuation type

Via the valuation method

Via the valuation class

Via the valuation area

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7. Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

30 = Group currency

20 = Controlling area currency

00 = Document currency

10 = Company code currency

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8. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

The posting periods open for posting

The number of posting periods

The start and end date of posting periods

The authorization to post to special periods

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9. What separates the leading ledger from other parallel standard ledgers?

It is assigned to all company codes.

It is used for performing segment reporting.

It is used to represent the group valuation.

It doesn't derive values from other ledgers.

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10. Where do you assign the currency type?

Accounting principle

Valuation area

Company

Ledger

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11. You try to create a G/L account but you get an error because the account number is not in the accepted range.

Which object do you need to customize to extend the number range?

Account group

Account type

Chart of accounts

Tolerance group

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12. Which currency types are defaulted in SAP S/4HANA? (Select 2)

30 = Group currency

20 = Controlling area currency

00 = Document currency

10 = Company code currency

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13. Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

SOAP

OData

IDoc

RFC

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14. You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored.

What are the reasons? Note: There are 2 correct answers to this question.

The credit memo was entered in Financial Accounting.

The credit memo was created without reference to an invoice.

The field "Reference" of the credit memo is blank.

The due date determined based on the entered payment terms is in the past.

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15. On which level do you maintain the currency translation ratio between two currencies?

Exchange rate type

Currency type

Document type

Valuation type

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16. 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?

Business area

Segment

Profit center

Company code

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17. You want to post a reversal for a document posted in a closed posting period.

Which object do you configure to allow you to enter the reversal with a date different from the original document?

Reversal reason

Company code

Reversal method

Document type

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18. You want to implement purchase order accruals in SAP S/4HANA.

Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

Purchase of raw materials for inventory

Purchase of fixed assets (using direct capitalization method)

Purchase of services

Purchase of consumable materials

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19. What do you configure for regrouping receivables and payables?

Provision Method

Calculation Method

Valuation Method

Sort Method

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20. Which model can be used for ABAP cloud-native development?

The ABAP Cloud Development Model

ABAP RESTful Application Programming Model

The SAP S/4HANA Cloud Extensibility Model

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21. What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

Establish regular housekeeping tasks and procedures.

Establish an organizational structure, technical foundation, and transformation methodology for clean core.

Define roles and responsibilities as part of a process transformation office.

Establish release management.

Integrate clean core practices in the end-to-end value process chain.

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22. On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

Client

Chart of depreciation

Chart of accounts

Company code

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23. You try to assign an alternative account to a G/L account but receive an error message.

What can be the reason?

You have not assigned the alternative chart of accounts to your operational chart of accounts.

The alternative account has not been created for the company code.

You have not assigned the alternative chart of accounts to your company.

The alternative account is already assigned to another G/L account for the company code.

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24. You have cleared a customer open item but want to undo this action.

What are the available options? Note: There are 2 correct answers to this question.

Repost the clearing document

Reverse the clearing document

Reset and reverse the clearing document

Reset the clearing document

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25. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

The type of payment notice sent to a customer

The account where a residual item is posted

The document type of the payment

The special G/L indicator for the down payment

The exclusion of disputed residual items from credit limit checks

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26. What can you achieve with the legacy data transfer in via transaction AS91?

Setting the company code status for legacy data transfer

Creation of master data

Posting the summary write off in G/L

Posting of take over values

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