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SAP C_TS4FI_2020 Exam Description:

The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".

SAP C_TS4FI_2020 Exam Syllabus Topics:

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q54-Q59):

NEW QUESTION # 54
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: D

NEW QUESTION # 55
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.

• A. It is possible to post special tax depreciation and investment support for assets under construction.
• B. It is impossible to use assets under construction with Investment Management.
• C. It is possible to post credit memos, even after assets under construction are fully capitalized.
• D. It is possible tocalculate and post depreciation in the balance sheet depreciation area for assets under construction.

Answer: A,C

NEW QUESTION # 56
Which of the following should you consider when defining asset number ranges? Note:There are 2 correct answers to this question. \/ CH Each asset class can

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

Answer: A,C

NEW QUESTION # 57
What must you do to create new validations and substitutions? Note There are 2 correct answers to this question.

• A. Deactivate all former validations and substitutions
• B. Select the relevant call-up point
• C. Define the area of application
• D. Choose the chart of accounts

Answer: B,C

NEW QUESTION # 58
Which statements best describe a profit center?
There are 2 correct answers to this question.
Response:

• A. It is the only object that can be uniformly derived using segments.
• B. It is an element for which separate balance sheet and P&L statements can be created.
• C. It is the only object from which segments can be uniformly derived.
• D. It has to be used simultaneously with segments to create separate balance sheet and P&L statements.

Answer: B,C

NEW QUESTION # 59
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