SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)

QUESTION NO: 1
Which elements define the integration of asset acquisitions with the general ledger? Note:There are 2 correct answers to this question

A. Asset class B. Depreciation area C. Depreciation keys D. Valuation area

Correct Answer: A,B

QUESTION NO: 2
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Which setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copied over when you create a new asset via copy?

A. Remove the reference indicator B. Remove the sub number indicator C. Remove the asset class indicator D. Remove the main asset indicator

Correct Answer: A

QUESTION NO: 3
For which special G L indicator do you specify a target special GL indicator?

A. Customer down payment B. Vendor down payment request C. Guarantee given D. Bill of exchange

Correct Answer: B

QUESTION NO: 4
Which of the following statements best describe how customer down payments are integrated with Sales & Distribution (SD)?

A. A down payment request is created as an SD sales order, which is automatically posted in Fl as a noted item. B. A down payment request is created as an Fl noted item, which automatically generates an SD sales order C. A down payment request is created as an Fl noted item, which automatically generates an SD billing document. D. A down payment request is created as an SD billing document, which is automatically posted in Fl as a noted item

Correct Answer: D

QUESTION NO: 5
You forgot to add a new general ledger account to the financial statement version. What impact does this have on the net profit and net loss?

A. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation. B. The balance of the new account is added to the non assigned section and is included in the calculation. C. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation. D. The balance of the new account is added to the non assigned section and is excluded from the calculation

Correct Answer: D

QUESTION NO: 6
Which field can you change on a posted invoice?

A. Cost center B. Tax code C. Special GL indicator D. Payment terms

Correct Answer: D

QUESTION NO: 7
You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system.
How would you define the document number range?

A. You can use internal, external, or continuous number assignment B. You must use external number assignment C. You must use internal number assignment D. You must use continuous number assignment.

Correct Answer: B

QUESTION NO: 8
You want to post journal entries in a special period. Which conditions must be met? Note: There are 2 correct answers to this question.

A. The last posting period must be open for posting in the period control. B. You must enter a posting date in the last posting period. C. The balance carry-forward to the new fiscal year must have taken place. D. The special period must be open for posting in the period control.

Correct Answer: B,D

QUESTION NO: 9
How does the system determine the correspondence type of a payment notice?

A. According to the tolerance group, as long as all the reason codes carry the same correspondence type B. According to the reason code, as long as all the reason codes carry the same correspondence type C. According to the reason code, as long as all the tolerance groups carry the same correspondence type D. According to the tolerance group, as long as all the tolerance groups carry the same correspondence type

Correct Answer: C

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) - C-TS4FI-2020 Exam Questions