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SAP C_TS4FI_2023 Exam Questions

SAP C_TS4FI_2023 Exam Questions Answers

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Exam

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SAP C_TS4FI_2023 Practice Test Questions ( Updated) – Real Exam Questions & Dumps PDF

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SAP C_TS4FI_2023 Sample Questions – Free Practice Test & Real Exam Prep

Question #1

What do you configure for regrouping receivables and payables? 

  • A. Provision Method 
  • B. Calculation Method 
  • C. Valuation Method 
  • D. Sort Method 
Answer: D 
Question #2

You are entering a credit memo in Financial Accounting and are wondering why the entered paymentterms are being ignored.What are the reasons? Note: There are 2 correct answers to this question.

  • A. The credit memo was entered in Financial Accounting. 
  • B. The credit memo was created without reference to an invoice. 
  • C. The field "Reference" of the credit memo is blank. 
  • D. The due date determined based on the entered payment terms is in the past. 
Answer: A B 
Question #3

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.

  • A. System 
  • B. Company 
  • C. Client 
  • D. Company code 
Answer: A C 
Question #4

The 3-way match is the standard procedure used to post procurement transactions in SAP SHAN 

  • A. 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. 
Answer: D 
Question #5

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.

  • A. Repost the clearing document 
  • B. Reverse the clearing document 
  • C. Reset and reverse the clearing document 
  • D. Reset the clearing document 
Answer: B C 
Question #6

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

  • A. They must belong to the same controlling area. 
  • B. They must all belong to the same company. 
  • C. They must be located in the same country. 
  • D. They must have the same configuration for payment transactions. 
Answer: C 
Question #7

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 SHANA?

  • A. Two statistical line items 
  • B. Two noted items
  • C. One noted item
  • D. One statistical line item 
Answer: D 
Question #8

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

  • A. They can be accessed by the payment program and the dunning program. 
  • B. They are managed as open items on customer and vendor accounts. 
  • C. They generate statistical postings. 
  • D. They generate postings that do not balance. 
  • E. They update the general ledger in Entry View only. 
Answer: B C D 
Question #9

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

  • A. Maintain the parameters of the dunning program 
  • B. Start the dunning printout 
  • C. Approve the dunning proposal 
  • D. Change the dunning proposal 
  • E. Schedule the dunning run 
Answer: A C E 
Question #10

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

  • A. It provides data management and analytics. 
  • B. It supports customers in understanding their stakeholder's needs. 
  • C. It helps customers to collaborate to build flexible value chains. 
  • D. It supports application development and integration. 
Answer: C D 
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