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The SAP C_TS4FI_2020 exam tests the candidate’s knowledge in various areas such as financial closing, accounts payable and receivable, asset accounting, general ledger accounting, financial statements, and reporting. The exam also evaluates the candidate’s ability to understand and navigate the SAP S/4HANA user interface, as well as their knowledge of configuration and customization options.

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q27-Q32):

NEW QUESTION # 27
What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question

A. Increased customizing flexibilityB. IT cost savingsC. One-time license investmentD. Always up to date

Answer: B,D

NEW QUESTION # 28
Which activities are supported by the regrouping program of receivables and payable's ?

A. Regrouping receivables and payable's by their remaining lifeB. Regrouping and clearing open items for affiliated companies on customers and vendorsC. Regrouping of receivables and payable's to accrual earnings or expenseD. Regrouping open items based on changed reconciliation accounts

Answer: A,D

NEW QUESTION # 29
Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question.
Response:

A. SD - Sales and DistributionB. AA - Asset AccountingC. FI - Financial AccountingD. CO - Cost Accounting

Answer: B,C,D

NEW QUESTION # 30
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger.

A. 0B. 1C. 2D. 3

Answer: C

NEW QUESTION # 31
At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer

A. At company code levelB. At company levelC. At controlling area levelD. At client level

Answer: D

NEW QUESTION # 32
......

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