SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)

QUESTION NO: 1
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?
Note: There are 2 correct answers to this questions.

A. Payment run B. Paying company codes C. Bank determination D. Payment terms

Correct Answer: B,C

QUESTION NO: 2
You assign currency type 40 to your company code in ledger 0L
Which source currency types can you select?
Note: There are 2 correct answers to this questions.

A. Group currency B. Company code currency C. Controlling area currency D. Document currency

Correct Answer: B,C

QUESTION NO: 3
Which of the following should you consider when defining asset number range?
Note: There are 2 correct answers to this questions.

A. Asset number ranges are defined for asset classes and are company code specific B. Asset number ranges are defined at chat of depreciation level C. Each asset number range must be assigned to unique asset class D. Each asset class can be have either an internal or external number range

Correct Answer: A,D

QUESTION NO: 4
Which statement best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this questions.

A. Extension ledgers can be assigned their own fiscal year variant B. Multiple extension ledgers can point to the same underlying ledger C. Extension ledgers can be assigned their own posting period variant D. Extension ledgers can have different currencies than the underlying ledger

Correct Answer: B,C

QUESTION NO: 5
You define custom currency type Zl for your company code. Which currency types must be stored in the Data End view?
Note: There are 2 correct answers to this questions.

A. Custom currency type Zl B. Company code currency C. Global currency D. Document currency

Correct Answer: B,D

QUESTION NO: 6
Which of the following is technical year-end closing activity in SAP S4/HANA?

A. Accruals must be posted B. Ledger balances must be carried forward C. Foreign currency valuation must be posted D. Balance sheet adjustments must be posted

Correct Answer: B

QUESTION NO: 7
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 non-assigned selection and excluded in the calculation B. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation C. The balance of the new account is added to the in the financial statement item section and is included from the calculation D. The balance of the new account is added to the non-assigned selection and included in the calculation

Correct Answer: A

QUESTION NO: 8
Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this questions.

A. Baseline date B. Term of payment C. Payment method D. Payment type E. Payment transaction

Correct Answer: B,C,E

QUESTION NO: 9
Which of the following are valid settlement receives, when you perform settlement for an asset under construction, on a line item basis?
Note: There are 2 correct answers to this questions.

A. Fixed asset B. Cost center C. Functional area D. Profit center

Correct Answer: A,B

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) - C-TS4FI-2021 Exam Questions