Free SAP Certified Associate – SAP S/4HANA Cloud Private Edition, Financial Accounting Exam C_TS4FI_2023 Exam Practice Test

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.

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

• Via sections assigned to business roles which are assigned to users
• Directly to business roles which are assigned to users
• Via groups assigned to business roles which are assigned to users
• Via spaces assigned to business roles which are assigned to users

You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number range.After reversing the document, what do you need to change when reposting the document?

• Assignment
• Document number
• Posting key
• Document type

Where do you assign the currency type?

• Accounting principle
• Valuation area
• Company
• Ledger

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

• 60 = Global company currency
• 00 = Document currency
• 40 = Hard currency
• 10 = Company code currency
• 30 = Group currency

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

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

• The segment is automatically updated in existing asset master data.
• The segment appears in the screen layout for asset master data.
• The segment appears in the additional account assignment configuration.
• The segment activation can be reversed.

How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

• It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
• It is a solution that facilitates transaction matching between systems in Central Finance.
• It is a solution that can be integrated with Group Reporting.
• It is a solution embedded in the SAP S/4HANA core.

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed.What account does the system use to post the valuation differences?

• Individual supplier accounts with special G/L indicator
• Adjustment G/L account for foreign currency
• Alternative reconciliation G/L account
• Supplier reconciliation G/L account

At which level do you define functional areas?

• Controlling area
• Client
• Financial statement version
• Company code