Download SAP Certified Application Associate - SAP S-4HANA for Financial Accounting Associates (SAP S-4HANA 2020).C_TS4FI_2020.ExamTopics.2025-09-24.31q.vcex

Vendor: SAP
Exam Code: C_TS4FI_2020
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Date: Sep 24, 2025
File Size: 19 KB
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Demo Questions

Question 1
Which of the following is a technical year-end closing activity in SAP S/4HANA?
  1. Ledger balances must be carried forward.
  2. Foreign currency valuation must be posted.
  3. Balance sheet adjustments must be posted.
  4. Accruals must be posted.
Correct answer: A
Question 2
Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)
  1. Asset class
  2. Depreciation keys
  3. Valuation area
  4. Depreciation area
Correct answer: AB
Explanation:
AD: 1
AD: 1
Question 3
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
  1. 1. Post the correction documents.
    2. Store the data.
    3. Present reconciled and non-reconciled data.
    4. Communicate differences.
  2. 1. Store the data.
    2. Present reconciled and non-reconciled data.
    3. Post the correction documents.
    4. Communicate differences.
  3. 1. Present reconciled and non-reconciled data.
    2. Post the correction documents.
    3. Store the data.
    4. Communicate differences.
  4. 1. Store the data.
    2. Present reconciled and non-reconciled data.
    3. Communicate differences.
    4. Post the correction documents.
Correct answer: B
Question 4
Which statements best describe a profit center? (Choose two.)
  1. It is an object for which separate balance sheet and P&L statements are created only when used in conjunction with segments.
  2. It is the only object that can be uniformly derived using segments.
  3. It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintained or not.
  4. It is the only object from which segments can be uniformly derived.
Correct answer: AB
Question 5
Which of the following should you consider when defining asset number ranges? (Choose two.)
  1. Asset number ranges are defined for asset classes and are company code specific.
  2. Each asset number range must be assigned to a unique asset class.
  3. Each asset class can have either an internal or external number range.
  4. Asset number ranges are defined at chart of depreciation level.
Correct answer: CD
Question 6
Which prerequisites must be fulfilled to allow for negative postings of journal entries? (Choose two.)
  1. The company code must allow negative postings.
  2. The reversal reason must be configured to allow negative postings.
  3. The reversal accounts must be configured to allow negative postings.
  4. The posting key must allow negative postings.
Correct answer: AC
Question 7
Which parameters can you specify directly when you create a new correspondence type? (Choose three.)
  1. Number of date fields required
  2. Reason code required
  3. Document number required
  4. Account required
  5. Company code required
Correct answer: ACD
Explanation:
ACD: 4 - Mosted
ACD: 4 - Mosted
Question 8
What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)? (Choose three.)
  1. Data model
  2. Upgrade intervals
  3. Code line
  4. Configuration scope
  5. User experience
Correct answer: BAD
Question 9
What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? (Choose two.)
  1. You want to deploy SAP S/4HANA Cloud.
  2. You want to clean up your system and use SAP Best Practices.
  3. You want to integrate the system into SAP Cloud Platform.
  4. You want to use document splitting for the General Ledger.
Correct answer: AB
Explanation:
AB: 1
AB: 1
Question 10
In your SAP S/4HANA system, you want to archive the G/L accounts that are not used by the business in any company code.
What are prerequisites to archiving all data of a G/L account? (Choose three.)
  1. The blocked for posting indicator is set for the G/L account.
  2. There are no transaction figures for the account.
  3. Transaction figures are older than a customizable amount of years.
  4. Set the deletion flag in the company code data of the G/L account.
  5. Set the deletion flag in the chart of accounts data of the G/L account.
Correct answer: ACD
Question 11
You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system?
  1. Define two valuation methods and assign the accounting principles to the new valuation methods.
  2. Define two valuation areas and two extension ledgers with relevant links to accounting principles.
  3. Define two valuation methods and assign the ledger groups to the new valuation methods.
  4. Define two valuation areas and two accounting principles with relevant links to ledgers.
Correct answer: A
Explanation:
C: 1 - Mosted
C: 1 - Mosted
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