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The SAP C-TS4FI-2020 exam covers a range of topics, including general ledger accounting, accounts payable and receivable, asset accounting, bank accounting, financial closing, and financial reporting. Candidates should have a strong understanding of these topics and be able to apply their knowledge to practical scenarios. The exam also tests the candidate's ability to configure and customize SAP S/4HANA for Financial Accounting to meet specific business requirements.

The SAP C-TS4FI-2020 exam is an important certification for financial accounting associates looking to demonstrate their proficiency in SAP S/4HANA financial accounting. The exam measures candidates' knowledge of financial accounting principles and their ability to implement financial accounting processes using SAP S/4HANA. Earning this certification can help individuals advance their careers and increase their earning potential, as well as demonstrate their expertise to current and future employers.

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q28-Q33):

NEW QUESTION # 28
On which organization unit level do you define a chart of depreciation? Please choose the answer:

A. Chart of accountsB. Asset classC. ClientD. Company code

Answer: C


NEW QUESTION # 29
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?

A. The account is assigned in the asset account determination for each valid depredation area.B. The account is created for all active company codes of the client.C. The account is a profit-and-loss account that must be open item managed.D. The account is a reconciliation balance sheet account for fixed assets.

Answer: D


NEW QUESTION # 30
Which of the following steps do you typically perform when executing the payment run with the automatic payment program? There are 2 correct answers to this question.

A. Rank bank accounts for payment.B. Review the payment proposal exception listC. Maintain open item selection parameters.D. Define maximum amounts to be paid by supplier.

Answer: A,B


NEW QUESTION # 31
Identify fields that cannot be changed while changing parked documents. Choose the correct answers. 2

A. Account assignment objectsB. Document type or document numberC. CurrencyD. Company code

Answer: B,C


NEW QUESTION # 32
Which statements best describe a profit center? Note: There are 2 correct answers to this question

A. It must be used simultaneously with segments to create separate balance sheet and P&L statements.B. It is the only object that can be uniformly derived using segmentsC. It is an element for which separate balance sheet and P&L statements can be createdD. It is the only object from which segments can be uniformly derived

Answer: C,D


NEW QUESTION # 33
......

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