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

QUESTION NO: 1
On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

A. Client B. Chart of accounts C. Company code D. Chart of depreciation

Correct Answer: A,B

QUESTION NO: 2
The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?
Please choose the correct answer.

A. Item selection
Dun account
Dun line items B. Item selection
Dun line items
Dun account C. Account selection
Item selection
Dun line items D. Account selection
Dun line items
Dun account

Correct Answer: D

QUESTION NO: 3
What separates the leading ledger from other parallel standard ledgers?

A. It is used for performing segment reporting. B. It doesn't derive values from other ledgers. C. It is assigned to all company codes. D. It is used to represent the group valuation

Correct Answer: B

QUESTION NO: 4
On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing?
Note: There are 2 correct answers to this question.

A. Chart of Accounts B. Asset Class C. Depreciation area D. Account determination

Correct Answer: A,D

QUESTION NO: 5
You are implementing the Cockpit for your organization. What are the advantages of defining task groups?
Note: There are 2 correct answers to this question.

A. It allows cross task list monitoring of task status. B. It covers multiple companies with same or similar tasks. C. It allows cross task list execution of tasks. D. It allows cross template maintenance.

Correct Answer: B,D

QUESTION NO: 6
How can you create an asset under construction?
There are 2 correct answers to this question.

A. Automatically, when creating an investment measure B. Automatically, when settling capex costs from an internal order C. Automatically, when settling capex costs from a WBS element D. Manually (transaction ASO1), using a specific asset class

Correct Answer: A,C

QUESTION NO: 7
Which of the following currency types can be defined for a specific ledger?
Note: There are 3 correct answers to this question.

A. 10 Company code currency B. 00 = Document currency C. 30 Group currency D. 60 Global company currency E. 40 Hard currency

Correct Answer: A,B,C

QUESTION NO: 8
You post a vendor invoice for asset acquisition without reference to a purchase order. Which accounting documents are generated?

A. One document for all accounting principles B. One document per accounting principle & one document for all accounting principles C. One document per accounting principle D. Separate documents for each and every accounting principle

Correct Answer: B

QUESTION NO: 9
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. Client B. Company code C. Company D. System

Correct Answer: A,B

QUESTION NO: 10
When defining a new standard ledger, which action must you take to manually post a general journal entry to it?

A. Assign a chart of accounts to the ledger B. Assign the ledger to a company code C. Define the underlying ledger D. Include the ledger in a ledger group

Correct Answer: A

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting - C-TS4FI-2023 Exam Questions