C_TS4FI_2023 Exam Questions

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

What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answers to this question.

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?

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 origin...

You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable in the field status. Which fields must you always mainta...

You try to assign an alternative account to a G/L account but receive an error message. What can be the reason?

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

What is the prerequisite for a G/L account to switch off open item management for it?

From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.

Where do you assign the currency type?

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 SAP S/4HANA system in a sing...

What separates the leading ledger from other parallel standard ledgers?

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

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

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?

Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering whether it could address their needs. For which purposes can ICMR be useful?...

You notice that the GR/IR account does not have a zero balance. What could be the cause? Note: There are 2 correct answers to this question.

You run a financial statement report and notice the net profit calculated is different than what you expect. What could cause the issue? Note: There are 2 correct answers to this q...

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

Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.

Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products". What do you...

At which level do you define functional areas?

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 correct answers to thi...

Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.

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

What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question.

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

Which date must the system determine when you enter an invoice that needs to be paid?

You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?

Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

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.

What do you configure for regrouping receivables and payables?

In the standard sales process, when is the COGS posting generated in Financial Accounting?

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?

You define payment methods. Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

At which levels can the print program and its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

You need to explain the concept of noted items in SAP S/4HANA. Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.

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

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...

You post an incoming payment from a customer with a residual item for a payment difference. What are the consequences? Note: There are 2 correct answers to this question.

Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?

What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

The SAP Business Network helps customers digitalize cross-company business processes. On which solutions does the network build? Note: There are 3 correct answers to this question.

Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.

How are pages assigned to users on the SAP Fiori Launchpad?

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

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.

Which of the following can you use to explore released APIs?