Free SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Exam C_TS4FI_2021 Exam Practice Test

In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which new settings must you maintain as part of the configuration of the automatic payment program? Payment terms Payment run C. Bank determination D. Paying company codes

• Bank determination
• Paying company codes

You need to post customer invoice though an interface with a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system. How do you define the document number range

• You must use external number assignment
• You must use internal number assignment
• You can use internal or external number assignment, but only if it is continuous
• You can use internal or external number assignment

How can you create an asset under construction? Note: There are 2 correct answers to this questions.

• Automatically, when setting capex cost from an internal order
• Automatically, when creating an investment measure
• Automatically, when setting capex cost from a WBS element
• Manually (transaction AS01), using a specific asset class

What dunning-related data do you maintain on the business partner master record? Note: There are 2 correct answers to this questions.

• Dunning block
• Dunning key
• Dunning interval
• Dunning area

Which parameters can you specify directly when you create a new correspondence type? Note: There are 3 correct answers to this questions.

• Reason code required
• Company code required
• Number of date fields requied
• Document number required
• Account required

Which steps are required to create a substitution in Financial Accounting? Note: There are 3 correct answers to this questions.

• Select the correct call-up point.
• Specify an authorization group.
• Define the substitution rule with its different steps using the formula editor.
• Assign the substitution rule to the controlling area.
• Select Activation Level 2.

Which of the following statement best describe a noted item? Note: There are 2 correct answers to this questions.

• It has an automatic statistical offsetting entry
• It updates the subledger and the general ledger
• It can be used to remind the user about due payments
• It can be accessed by the payment program

On which levels can you maintain field status controls for business partners (BP)? Company code BP role C. BP type D. BP category

• BP type
• BP category

You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation. Which of the following setting would lead to an error?

• Area posts depreciation only
• Area posts APC immediately, depreciation periodically
• Area posts in real time
• Area posts not post

What are some features of SAP HANA? Note: There are 2 correct answers to this questions.

• SAP HANA is optimized to organize data using column stores.
• SAP HANA is optimized to work with aggregates and index tables.
• SAP HANA is allows transactional and analytical processing from the same tables.
• SAP HANA is built on a hierarchical data model architecture.