Free Practice SAP C_TS4FI_2023 Exam Questions 2025

Stay ahead with 100% Free SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting C_TS4FI_2023 Dumps Practice Questions

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Total 80 Questions | Updated On: May 09, 2024

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Question 1

You are implementing the Financial Closing Cockpit for your organization. What are the advantages of defining task groups? Note: There are 2 correctanswers to this question

A : It allows cross task list monitoring of task status.

B : It allows cross template maintenance.

C : It covers multiple companies with same or similar tasks.

D : It allows cross task list execution of tasks.

Answer: B,C

Question 2

It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?

A : Document date and posting date.

B : Posting date and asset value date

C : Posting date and entry date.

D : Document date and asset value date

Answer: B

Question 3

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

A : In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach

B : In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.

C : In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach

D : In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach

Answer: C

Question 4

Which closing activities are used in external reporting as per SAP best practices?
Note: There are 2 correct answers to this question.

A : Perform valuations of open items in foreign currency.

B : Execute the plan cost center assessment cycle.

C : Reclassify receivables and payables

D : Update product cost estimates.

Answer: B,C

Question 5

The usage of which of the following depreciation types can be activated per depreciation area? Choose the correct answers.

A : Ordinary depreciation

B : Special depreciation

C : Unplanned depreciation

D : Scheduled depreciation

Answer: A,B,C

Page: 1 / 16

Total 80 Questions | Updated On: May 09, 2024

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