SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610) (C_TS4FI_1610) Free Practice Test

Question 1

True or False: You can select to execute the depreciation posting run for a single depreciation area.

A. False

B. True

Correct Answer: B

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 2

Identify the steps performed during the general ledger closing operations for the fiscal year.
Choose the correct answers.
Response:

A. Accruals are carried out.

B. Vendor invoices are posted.

C. Foreign currency documents are valuated.

D. The balance carry forward program is run.

Correct Answer: A,C,D

Question 3

What is the format of a company code key?
Response:

A. Two-digit alphanumeric

B. Eight-digit alphanumeric

C. Four-digit alphanumeric

D. Six-digit alphanumeric

Correct Answer: C

Question 4

What are the differences between holding and parking documents? (There are two correct answers.)

A. The parked document is considered for financial statements.

B. The held document can be incomplete.

C. The held document doesn't have a document number assigned.

D. The parked document can trigger workflow processes.

Correct Answer: C,D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 5

In which of the following segments of a customer or vendor master record can you enter the terms of
payment?
Choose the correct answers.
Response:

A. Company code segment

B. Purchasing organization segment

C. Client level segment

D. Sales area segment

Correct Answer: A,B,D

Question 6

Identify the fields that cannot be changed while changing parked documents.
Choose the correct answers.
Response:

A. Document type or document number

B. Account assignment objects

C. Company code

D. Currency

Correct Answer: A,C,D

Question 7

What checks does the year-end closing program (RAJABSOO) perform?
Choose the correct answers.
Response:

A. Depreciation lists and the asset history sheet have been checked.

B. Assets are complete and error-free.

C. Last fiscal year has been updated.

D. Depreciation and asset balances are posted in full.

Correct Answer: B,D

Question 8

True or False: With the depreciation run completing even when assets have errors, you no longer should
worry about fixing assets with errors.

A. False

B. True

Correct Answer: A

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 9

What are the three basic steps required to define a new company code?

A. Adjust basic and address data.

B. Copy existing company code.

C. Copy existing controlling area.

D. Adjust global parameters.

E. Define new segments.

Correct Answer: A,B,D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 10

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

A. Scheduled depreciation

B. Unplanned depreciation

C. Ordinary depreciation

D. Special depreciation

Correct Answer: B,C,D

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610) (C_TS4FI_1610) Free Practice Test