C_TS4FI_1809_T1

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Title of test:
C_TS4FI_1809_T1

Description:
S4 Hana 1809 Test 1

Author:
chetanah33
(Other tests from this author)

Creation Date:
09/10/2019

Category:
Others
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Content:
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question. It is possible to post credit memos, even after assets under construction are fully capitalized. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction. It is impossible to use assets under construction with Investment Management. It is possible to post special tax depreciation and investment support for assets under construction. .
Which activities can you perform with a recurring journal entry?  Note: There are 2 correct answers to this question  Set rules to distribute amounts to be posted. Determine the number of postings. Create monthly postings on any date of a month. Obtain an overview of related future postings. .
What are the pillars of the SAP Fiori user experience paradigm? There are 3 correct answers to this question. Responsive Vibrant Role-based Simple User-based .
Which field can you change on a posted invoice? Tax code Cost center Payment terms Special G/L indicator .
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? The one in the line item with the largest amount The one in the first line item The one assigned to the tolerance group The system prompts for the user to assign one .
On what basis does the system determine the period for the asset retirement? Please choose the correct answer. Asset value date (asset retirement date) Net book value.
If there is no entry or if a run time value is empty, the system uses a minimum run time of 999 days. Determine whether this statement is true or false. TRUE FALSE.
Which of the following tolerance groups should every company code always have? Please choose the correct answer. Defined Blank Named Special.
A message can contain up to six fields. Determine whether this statement is true or false. FALSE TRUE.
Which of the following options can you use to change the G/L account master data using collective processing? There are 3 correct answers to this question. Change chart of accounts data Change company code data Change client level data Change account descriptions.
Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer. Business partner category Business partner grouping Business partner role Business partner type.
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes? Note: There are 2 correct answers to this question. SAP Fieldglass SAP Hybris SAP Concur SAP Success Factors.
Which data sections are part of every asset class? There are 2 correct answers to this question. Account determination data section Master data section Depreciation data section Valuation area data section.
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer. Cost Center Segment Business Area Functional Area.
Where is the billing document created? Please choose the correct answer. Accounting Sales and Distribution Financial Accounting Materials Management.
For which of the following transactions can you use noted items? Please choose the correct answer. Late payment Customer payment Down payment request Vendor payment .
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this? Please choose the correct answer. Define a valuation area and extension ledger to link with the new valuation area. Define two valuation areas and two accounting principles with relevant links to ledgers. Define two valuation methods and assign the accounting principles to the new valuation methods. Define a valuation area and ledger group for two ledgers to link with the new valuation area. .
Which activities are supported by the regrouping program of receivables and payable's ? Regrouping receivables and payable's by their remaining life Regrouping of receivables and payable's to accrual earnings or expense Regrouping open items based on changed reconciliation accounts Regrouping and clearing open items for affiliated companies on customers and vendors .
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? There are 2 correct answers to this question. Whether negative postings are permitted Which account types are allowed for postings Which posting keys are allowed for postings Whether exchange rate difference is permitted .
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question. Company code required Document number required Account required Number of date fields required Reason code required .
Which fields can you edit before posting a parked document? Note: There are 3 correct answers to this question. Amount Posting date Currency Document type Account .
Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with 10% VAT. How many line items are created in the Entry view and how many are created in the General Ledger view? Entry view: 5 General Ledger view: 9 Entry view: 3 General Ledger view 7 Entry view: 3 General Ledger view: 9 Entry view: 5 General Ledger view 7 .
How many cash discount periods can be entered in the terms of payment? Please choose the correct answer. 3 2 8 5.
Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question. On-premise deployment  Central hub deployment  Hybrid deployment Agile deployment Cloud deployment.
When you post a manual incoming payment, which parameters are valid for all payment documents? Note: There are 2 correct answers to this question. Journal entry type Tolerance group Residual item Bank account.
Which of the following procedures are available to check the balance of receivables and payable's in balance confirmations? There are 3 correct answers to this question. Balance adjustment Balance confirmation Balance request Balance notification .
What information is provided when you execute the balance audit trail? Please choose the correct answer. The starting balance and the yearly changes to the balance of a general ledger account A comparison of general ledger account balances across ledgers A list of changes of maintained sensitive fields in general ledger accounts The open account balances for customer accounts and supplier accounts .
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer. Asset class, main asset number, sub number Asset class, depreciation area, main asset number, group asset Main asset number, sub number, depreciation area Depreciation area, asset class, main asset number, sub number .
How can you perform transfers of assets between company codes with different charts of depreciation? Please choose the correct answer. Configure the cross-company depreciation areas in customizing. Assign the group chart of depreciation to the relevant fixed assets. Correct depreciation area assignment in the asset master record after posting. Enter depreciation area mapping during intercompany transfer posting. .
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Please choose the correct answer. Depreciation area Valuation area Depreciation key Chart of depreciation .
Identify the three types of tolerances in accounting. There are 3 correct answers to this question. Special account tolerance groups G/L account tolerance groups Employee tolerance groups Customer/vendor tolerance groups .
The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false. FALSE TRUE .
Where can an SAP Fiori end user change the theme of their launchpad? Please choose the correct answer. In the Me area of the launchpad In the Tile Group area of the launchpad designer In the Tile Catalog area of the launchpad designer In the UI theme designer.
Which of the following are posted in the program FAA_DEPRECIATION_POST? There are 3 correct answers to this question. Ordinary depreciation such as book depreciation or imputed depreciation Imputed interest Unplanned depreciation or other manually planned depreciation Parallel APC values .
You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on category, life, and depreciation terms. What configuration step would you initiate to maintain these categories in SAP S/4HANA? Please choose the correct answer. Define general ledger accounts per each category of legacy asset. Define asset classes and maintain their attributes. Copy the chart of depreciation and maintain depreciation areas. Configure depreciation keys and calculation keys.
Which reporting tools are available with SAP S/4 HANA embedded analytics? Note: There are 2 correct answers to this question SAP Analysis for Microsoft Office KPI modelling apps Query Browser SAP Analytics Cloud .
Which of the following steps are parts of the process of configuring the payment program? There are 3 correct answers to this question. Configure the G/L account field status for document entry Configure the house banks Configure the payment methods for each company code Configure the paying company codes .
Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?Please choose the correct answer. SAP HANA SAP Fiori SAP CRM SAP Net Weaver .
Which field status has the lowest priority (G/L accounts)? Please choose the correct answer. Required entry Display Optional entry Hide .
Your customer uses a posting period variant with special periods, and you need to allow specific users to post in these specials periods. What do you assign in the posting period variant? Please choose the correct answer. An authorization group to period intervals 2 and 3 An authorization group to period interval 2 An authorization group to period intervals 1 and 2 An authorization group to period interval 1 .
Which prerequisites must be fulfilled before you can use negative postings? Note: There are 2 correct answers to this question. The reversal reason must allow negative postings. The posting key must permit negative posting. The reversal reason must allow alternative posting dates. The company code must permit negative postings. .
At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer At client level At controlling area level At company level At company code level .
How does SAP S/4 HANA support the treatment of taxes? There are 3 correct answers to this question. It performs tax adjustments for cash discounts and other forms of deductions. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities. It performs the adjustment to the tax codes and automatically updates the procedure. It checks the tax amount entered and automatically calculates the tax. It posts the tax amount to tax accounts. .
What data do you maintain in the chart of accounts sections of a General Ledger account? Please choose the correct answer Authorization data User data  Consolidation data Reconciliation data.
What are the features of the Accrual Engine in SAP S/4 HANA? There are 2 correct answers to this question. The FI reversal is NOT supported. All currencies of general ledger are supported. The fiscal year variant of the general ledger is supported. Complex postings with more than two line items are NOT possible. .
When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question. When an account is used as a reconciliation account When an account is set up as a cost element When an account is required for clearing When an account has a zero balance .
For which special G/L indicator do you specify a target special G/L indicator? Please choose the correct answer. Customer down payment Bill of exchange Vendor down payment request Guarantee given.
Which of the following types of tasks are available in the Financial Closing Cockpit application? There are 3 correct answers to this question. Online transactions Task list template Remote tasks Flow definition .
Which of the following information is entered in the chart of accounts segment of a G/L account? There are 3 correct answers to this question. Account number Consolidation fields Control fields Currency fields.
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? There are 2 correct answers to this question. Save function Hold function Parking function Insert function.
Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question The company code must allow negative postings. The reversal accounts must be configured to allow negative postings. The reversal reason must be configured to allow negative postings. The posting key must allow negative postings.
Which of the following components make up an archiving object? There are 3 correct answers to this question. Data declaration part Programs Customizing settings Variables .
Which sequence of steps allows a three-way match in procurement transactions? Please choose the correct answer. Purchase requisition, goods receipt, invoice receipt Purchase order, invoice receipt, goods receipt Purchase order, purchase requisition, invoice receipt Purchase requisition, purchase order, goods receipt .
For general ledger account posting, which one of the following standard posting keys is for debit? Please choose the correct answer. 1 31 40 50.
Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition? Note: There are 2 correct answers to this question. Ledger Company code Account type Document type .
Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting? Note: There are 2 correct answers to this question. Depreciation area Account determination key  Asset class Financial statement version .
Which of the following original Management Accounting objects can you assign in the asset master record? There are 3 correct answers to this question. Cost center Cost element Activity type Order .
You can compare text patterns in your statements using the keyword LIKE. Determine whether this statement is true or false. Please choose the correct answer. FALSE TRUE .
What is the name of the leading ledger that SAP provides with the standard system? Please choose the correct answer. 1L 3L OL 2L .
What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question. It checks whether the depreciation is posted completely for the fiscal year. It posts all remaining depredation and imputed interest. It blocks all postings to Asset Accounting for the closed fiscal years. It settles all assets under construction with values and maintained settlement rules. It indicates if any of the created asset master records contain errors or are incomplete. .
What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question. Account types Clearing accounts Posting keys Special G/L indicator .
You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question The special period must be open for posting in the period control. You must enter a posting date in the last posting period. You must have specific authorization to post in special periods. The balance carry-forward to the new fiscal year must have taken place. .
What is the correct order of steps when you use the SAP I financial Closing Cockpit? 1 Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list 1 Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list 1. Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list 1. Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list .
You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for leading valuation and depreciation area 32 is assigned to the non-leading ledger for parallel valuation. What posting option should you choose for depreciation area 32? Area Posts in Real Time Area Posts Depreciation Only  Area Posts APC Immediately, Depreciation Periodically Area Does Not Post .
In the integrated scenario for down payments, in what step of the process do you enter the down payment information? Goods receipt creation Down payment monitoring Purchase order creation Invoice verification .
Which of the following parameters are controlled by the screen layout? There are 3 correct answers to this question. Number range Maintenance level Reference Field selection .
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing? Please choose the answer: Hide Optional Required Display .
Which of the following are the steps of Inter company reconciliation? There are 3 correct answers to this question. Automatic presentation of reconciled and non-reconciled data Automatic assignment of documents Manual reconciliation and communication Document selection and data storage .
The government announces that it plans to change the basic VAT tax percentage from 20% to 18%. What do you have to do in the system to comply? Please choose the correct answer: Create new tax codes with the 18% percentage for input tax. Change the tax percentage for existing input tax codes to 18%. Change the tax percentage for input and output tax codes to 18%. Create new tax codes with the 18% percentage for input and output tax. .
Identify the call up points that have been provided for Financial Accounting (FI). There are 3 correct answers to this question. Organizational unit Controlling area Complete Document Document line Document header .
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?  Note: There are 2 correct answers to this question. Account group Document type G/L account Posting key .
Which information is checked by the system before a general ledger account k archived? The Open item Management indicator is set in master data The Mark for Deletion indicator is set in master data The assigned group account is already archived. The Blocked for Posting indicator is set in master data. .
A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR. Which currencies can you post to in this account? Please choose the correct answer. You can only post to the account in USD. You can only post to the account in CAD and USD. You can only post to the account in CAD. You can only post to the account in CAD, USD, and EUR. .
On which organization unit level do you define a chart of depreciation? Please choose the answer : Company code Chart of accounts Asset class Client .
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed? Please choose the correct answer. Graphic Processing Units (GPUs) Solid-State Drives (SSDs) Multicore CPUs Read-only memory .
Which of the following retirement types is referred to as scrapping? Please choose the correct answer. Complete retirement with revenue but without customer Partial retirement without revenue and without customer Complete integrated asset retirement Unplanned depreciation of remaining value.
Which of the following product lines does the SAP S/4 HANA system rely on for most human resource management functions? Please choose the correct answer. SAP Success Factors Concur SAP Hybris SAP Ariba .
What are the results when you post an outgoing partial payment? There are 2 correct answers to this question. A payment block is set on the invoice. The initial invoice remains open. The initial invoice is cleared.  A payment is created with reference to the invoice. .
Which prerequisite must be met by the technical clearing account for integrated asset acquisition? The account is assigned in the asset account determination for each valid depredation area. The account is created for all active company codes of the client. The account is a profit-and-loss account that must be open item managed. The account is a reconciliation balance sheet account for fixed assets. .
Which of the following options can you use to change the G/L account master data using collective processing? There are 3 correct answers to this question. Change chart of accounts data Change company code data Change client level data Change account descriptions .
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