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Title: C-TS4FI-2023 Test Questions Answers | C-TS4FI-2023 Online Version [Print This Page]

Author: chrisst726    Time: yesterday 13:32
Title: C-TS4FI-2023 Test Questions Answers | C-TS4FI-2023 Online Version
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SAP C-TS4FI-2023 Exam Syllabus Topics:
TopicDetails
Topic 1
  • General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 2
  • Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.
Topic 3
  • Overview and Deployment of SAP S
  • 4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S
  • 4HANA.
Topic 4
  • Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q74-Q79):NEW QUESTION # 74
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.
Answer: B,C

NEW QUESTION # 75
Which physical inventory methods are available in SAP S/4HANA?
Note: There are 3 correct answers to this question.
Answer: A,B,D

NEW QUESTION # 76
As a pre-closing activity, selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?
Answer: B

NEW QUESTION # 77
At which level do you define functional areas in SAP S/4HANA?
Answer: C

NEW QUESTION # 78
Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?
Answer: B
Explanation:
To meet legal requirements for financial statements in Switzerland, you need to create a separate company code for the permanent establishment there. A company code is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up for purposes of external reporting. This includes recording all relevant transactions and generating necessary financial statements.
Here are the steps to create a company code in SAP S/4HANA:
Define Company Code:
Transaction Code: OX02
Path: IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Edit, Copy, Delete, Check Company Code.
Enter a four-character alphanumeric code for the new company code and fill in the necessary details such as company name, city, country, currency, and language. Save the entries.
Assign Company Code to Company:
Transaction Code: OX16
Path: IMG -> Enterprise Structure -> Assignment -> Financial Accounting -> Assign company code to company.
Select the company code and assign it to the appropriate company.
Define Additional Settings:
Fiscal Year Variant: Define and assign a fiscal year variant suitable for Switzerland if it differs from your main fiscal year variant (Transaction Code: OB29 and OB37).
Field Status Variant: Assign field status variants to your company code to control the data entry for different fields (Transaction Code: OBC4 and OBC5).
Open and Close Posting Periods:
Transaction Code: OB52
Define the periods during which posting is allowed for the company code.
By creating a company code, you ensure that the financial transactions for the Swiss establishment are recorded separately, and the financial statements can be prepared as required by Swiss law.

NEW QUESTION # 79
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