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Exam C_TS4FI_2023 Demo, C_TS4FI_2023 Latest Exam Materials
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P.S. Free & New C_TS4FI_2023 dumps are available on Google Drive shared by PassCollection: https://drive.google.com/open?id=1IHPM2DgDMvPC3qsxBq6BcXz089w1_eDt
PassCollection C_TS4FI_2023 Web-Based Practice Test: For the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) web-based practice exam no special software installation is required. Because it is a browser-based SAP C_TS4FI_2023 practice test. The web-based SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) practice exam works on all operating systems like Mac, Linux, iOS, Android, and Windows. In the same way, IE, Firefox, Opera and Safari, and all the major browsers support the web-based C_TS4FI_2023 practice test.
SAP C_TS4FI_2023 Exam Syllabus Topics:| Topic | Details | | Topic 1 | - 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 2 | - 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 3 | - Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.
| | Topic 4 | - Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.
| | Topic 5 | - General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q39-Q44):NEW QUESTION # 39
Which of the following objects is only a statistical account assignment for cost postings to an asset?
- A. Internal order
- B. WBS element
- C. Cost center
- D. Profit center
Answer: D
Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, statistical account assignments are used for reporting and analysis purposes but do not directly receive actual cost postings. Among the options provided, the profit center is the object that serves as a statistical account assignment for cost postings to an asset. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Profit center
* Correct : The profit center is a statistical account assignment in SAP S/4HANA. It is used to track costs and revenues for internal management reporting and profitability analysis but does not receive actual cost postings. When posting costs to an asset, the profit center can be assigned statistically to provide additional reporting dimensions without affecting the actual accounting entries.
* Reference : According to SAP documentation, profit centers are classified as statistical objects because they do not participate in actual cost distribution or settlement processes.
B. Internal order
* Incorrect : An internal order is a real account assignment object that can receive actual cost postings.
Internal orders are used to collect costs for specific projects, activities, or events and can later settle these costs to other cost objects, such as cost centers or assets.
* Reference : Internal orders actively participate in cost distribution and settlement, making them a real (not statistical) account assignment.
C. Cost center
* Incorrect : A cost center is also a real account assignment object that receives actual cost postings.
Cost centers are used to allocate and manage costs within an organization and are directly involved in cost accounting processes.
* Reference : Cost centers are primary cost objects in Controlling (CO) and are not considered statistical account assignments.
D. WBS element
* Incorrect : A Work Breakdown Structure (WBS) element is a real account assignment object used in Project System (PS). WBS elements can receive actual cost postings for project-related expenses and are actively involved in project cost management and settlement processes.
* Reference : WBS elements are real account assignments and are not classified as statistical objects.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains the role of statistical and real account assignments in cost postings to assets.
* SAP Help Portal - Profit Center Accounting : Provides detailed guidance on the use of profit centers as statistical objects for reporting purposes.
* Account Assignment Objects in SAP S/4HANA : Describes the differences between real and statistical account assignments, including profit centers, cost centers, internal orders, and WBS elements.
* Integration of FI-AA and CO : Highlights how profit centers are used for reporting and analysis without receiving actual cost postings.
NEW QUESTION # 40
You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable in the field status.
Which fields must you always maintain when extending a G/L account?
Note: There are 2 correct answers to this question.
- A. Account currency
- B. Field status group
- C. Account number
- D. Sort key
Answer: A,B
NEW QUESTION # 41
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system?
Note: There are 3 correct answers to this question.
- A. Schedule the dunning run
- B. Start the dunning printout
- C. Approve the dunning proposal
- D. Change the dunning proposal
- E. Maintain the parameters of the dunning program
Answer: A,B,E
NEW QUESTION # 42
You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting.
What is the cause of the error?
- A. You have not closed the previous fiscal year.
- B. You have not run the settlement for your assets under construction.
- C. You have incomplete asset master records.
- D. You have not posted depreciation completely.
Answer: C
NEW QUESTION # 43
You need to explain the concept of noted items in SAP S/4HANA. Which characteristics are specific to noted items?
Note: There are 3 correct answe-rs to this que-stion.
- A. They generate postings that do not balance.
- B. They generate statistical postings.
- C. They are managed as open items on customer and vendor accounts.
- D. They can be accessed by the payment program and the dunning program.
- E. They update the general ledger in Entry View only.
Answer: B,C,D
NEW QUESTION # 44
......
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