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The SAP C_TS4FI_2020 Certification Exam consists of 80 multiple-choice questions that test the candidate's knowledge in areas such as financial accounting basics, financial closing, accounts payable, accounts receivable, asset accounting, and financial statement preparation. The exam has a duration of 180 minutes and candidates must achieve a minimum score of 65% to pass. This certification is valid for two years and must be renewed upon expiration.

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q37-Q42):

NEW QUESTION # 37
After you collect data in the Inter company Reconciliati

A. Present reconciled and non-reconciled data. Post the correct on documents. Communicate differences.
Store the data.B. Present reconciled and non-reconciled data. Post the correct on documents. Store the data. Communicate differences.
Store the data.C. Present reconciled and non-reconciled data.
Communicate differences hat are the next steps of the reconciliation process?D. Present reconciled and non-reconciled data.
Communicate differences.
Post the correction documents.
Post the correct on documents.
Store the data.

Answer: D

NEW QUESTION # 38
Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.

A. Local currencyB. Group currencyC. Material ledger currencyD. Transaction currency

Answer: A,B

NEW QUESTION # 39
Which edition of SAP S/4HANA introduced the universal journal?
Please choose the correct answer.
Response:

A. SAP S/4HANA Finance 1503B. SAP S/4HANA 1511C. SAP Business Suite powered by SAP HANAD. SAP S/4HANA Cloud

Answer: C

NEW QUESTION # 40
Which elements define the integration of asset acquisitions to the general ledger?
Note: There are 2 correct answers to this question.

A. Depreciation areaB. Valuation areaC. Asset classD. Depreciation keys

Answer: A,C

NEW QUESTION # 41
Which of the following is a technical year-end closing activity in SAP S/4HANA?

A. Balance sheet adjustments must be posted.B. Profit center carry-forward must be posted.C. Foreign currency valuation must be posted.D. Ledger balances must be carried forward

Answer: B

NEW QUESTION # 42
......

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