SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1709) (C_TS4FI_1709) Free Practice Test

Question 1

Which is the first step in the procedure of making down payments in the customer area? Please choose the correct answer.

A. Customer invoice

B. Clearing

C. Down payment received

D. Down payment request

Correct Answer: D

Question 2

Which program is used to enter accruals and deferrals regularly? Please choose the correct answer.

A. Ledger grouping

B. Compact document journal

C. Recurring entry program

D. Devising program

Correct Answer: C

Question 3

Which of the following activities does the system perform during the payment run? There are 3 correct answers to this question.

A. The system clears open items.

B. The system makes postings to the G/L and AP/AR subledgers.

C. The system exports a list of documents to be paid.

D. The system supplies the print programs with necessary data.

Correct Answer: A,B,D

Question 4

Which functions allow you to temporarily save the entered data? There are 2 correct answers to this question.

A. Parking function

B. Hold function

C. Insert function

D. Save function

Correct Answer: A,B

Question 5

Which business scenarios can be handled with accrual and deferral postings? Please choose the correct answer.

A. One-time payment for one-year cloud storage service

B. Monthly subscription to a financial newspaper

C. One-time payment for fixing flooding damage

D. Monthly rent payments for an office building

Correct Answer: A

Question 6

Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA? Please choose the correct answer.

A. SAP S/4HANA on-premise

B. SAP S/4HANA Cloud

C. SAP S/4HANA with Central Finance

D. SAP S/4HANA Finance

Correct Answer: B

Question 7

On which levels can you activate document splitting? There are 2 correct answers to this question.

A. Ledger level

B. Client level

C. Company code level

D. Document type level

Correct Answer: B,C

Question 8

Which of the following is an example of an automatic offsetting entry? Please choose the correct answer.

A. Bank posting of a received down payment

B. Down payment request

C. Posting of a guarantee of payment

Correct Answer: C

Question 9

Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects? Please choose the correct answer.

A. Fact sheet

B. Analytical

C. Transactional

D. Configuration

Correct Answer: D

Question 10

Which of the following objects are relevant to the dunning program configuration? There are 3 correct answers to this question.

A. Minimum amounts

B. Bank selection

C. Dunning levels

D. Expenses or charges

Correct Answer: A,C,D

Question 11

Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? There are 2 correct answers to this question.

A. Process bad debt expenses for accounts receivable.

B. Perform foreign currency valuation for accounts payable.

C. Post recurring entries for the general ledger.

D. Create the asset history sheet for asset accounting

Correct Answer: A,C

Question 12

The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have? Please choose the correct answer.

A. 4

B. 3

C. 5

D. 1

Correct Answer: B

Question 13

What must you do when you set up depreciation areas? Please choose the correct answer.

A. Assign leading depreciation area 01 to leading ledger OL.

B. Define the valid depreciation keys for each depredation area.

C. Define the relevant asset classes for each depreciation area.

D. Assign an accounting principle for each depreciation area.

Correct Answer: D

Question 14

Which of the following fields can be changed in the document header? There are 2 correct answers to this question.

A. Document date

B. Currency exchange rate

C. Reference number

D. Document header text

Correct Answer: C,D

Welcome to TestSimulate

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1709) (C_TS4FI_1709) Free Practice Test