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C_TS4FI_2021 Questions and Answers

Question # 6

Which statements best describe a profit center?

Note: There are 2 correct answers to this questions.

A.

It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

B.

It is the only object from which segments can be uniformly derived.

C.

It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

D.

It is the only object that can be uniformly derived using segments.

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Question # 7

What are some features of SAP HANA?

Note: There are 2 correct answers to this questions.

A.

SAP HANA is optimized to organize data using column stores.

B.

SAP HANA is optimized to work with aggregates and index tables.

C.

SAP HANA is allows transactional and analytical processing from the same tables.

D.

SAP HANA is built on a hierarchical data model architecture.

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Question # 8

What difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

A.

Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle

B.

Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle

C.

Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions

D.

Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area

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Question # 9

Which of the following steps do you typically perform during a payment run with the automatic payment program?

Note: There are 2 correct answers to this questions.

A.

Define maximum amounts to be paid per supplier.

B.

Review the payment proposal exception list.

C.

Maintain open item selection parameters.

D.

Rank bank accounts for payment.

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Question # 10

Which of the following statement best describe a noted item?

Note: There are 2 correct answers to this questions.

A.

It has an automatic statistical offsetting entry

B.

It updates the subledger and the general ledger

C.

It can be used to remind the user about due payments

D.

It can be accessed by the payment program

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Question # 11

In your SAPS/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?

Note: There are 3 correct answers to this questions.

A.

Set the deletion flag in the company code data of the G/L account.

B.

The account is not used in any automatic account determination.

C.

Transactional figures are older than a customizable amount of years.

D.

Set the deletion flag in the chart of accounts data of the G/L account.

E.

There are no transaction figures for the account.

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Question # 12

Which of the following closing activities is a so-called technical closing step?

A.

Process purchase order accruals

B.

Perform asset depreciation run

C.

Perform valuations of open items in foreign currency

D.

Close the previous period in Material Management (MM)

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