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_TS4FI_2020

1. You want to create a substitution in Financial Accounting.

Which parts do you have to define for each step of the
substitution? Note: There are 2 correct answers to
this question.
a. Prerequisite
b. Check
c. Message
d. Replacement
2. What is the purpose of period interval 3 when you
define open and closed periods?
a. Posting to special purpose ledger

b. Posting from CO to FI

c. Posting to special periods

d. Authorization control for posting periods

3. To use the SAP Financial Closing cockpit, which steps are

required? Note:There are 3 correct answers to this
question.
a. Create task
groups b. Create
template
c. Define person responsible for tasks
d. Release task list
e. Define task dependencies

4. You want to edit a dunning proposal. Which actions can

you perform?
Note:There are 3 correct answers to this question.
a. Change a document.
b. Block a line item.
c. Change the dunning data of an account.
d. Lower the dunning level of an item.
e. Block an account.
5. For which special G L indicator do you specify a
target special GL indicator?
a. Customer down payment
b. Bill of exchange
 c. Vendor down payment request
d. Guarantee given

6. What are some of the benefits of the data handling in SAP

S/4HANA? Note: There are 2 correct answers to this question.
a. The data is summarized into higher levels of aggregates
to help system performance.
b. The data is analysed after it is extracted and loaded in the
reporting system.
c. The data is available in real time at line item detail.
d. The data is aggregated on the fly from any line item table.

7. What dunning-related data do you maintain on the business

partner master record? Note: There are 2 correct answers to
this question.

a. Dunning Area
b. Dunning interval
c. Dunning key
d. Dunning Block

8. You are asked to explain how assets under construction work

in SAP S/4HANA . What should you highlight? Note:There are 2
correct answers to this question.

a. It is possible to calculate and post depreciation in the

balance sheet depreciation area for assets under
construction.
b. It is impossible to use assets under construct on
with Investment Management.
c. It is possible to post special tax depreciation and
investment support for assets under
construction.
d. It is possible to post credit memos, even after assets
under construction are fully capitalized.
9. You have been asked to set up house banks as part of the
implementation. What information do you need? Note:There
are 3 correct answers to this question.
a. General ledger account
b. Company code
 c. Supplier account
d. Payment method
e. Bank master data

10. Which of the following statements best describe a noted

item? Note:There are 2 correct answers to this question.
a. It can be used to remind the user about due payments.
b. It has an automatic statistical offsetting
entry. c. It can be accessed by the payment
program.
d. It updates the sub ledger and the general ledger.

11. Which prerequisites must be fulfilled to allow for

negative postings of journal entries? Note:There are 2
correct answers to this question.

a. The posting key must allow negative postings.

b. The company code must allow negative postings
c. The reversal reason must be configured to allow negative
postings
d. The reversal accounts must be configured to allow
negative postings.

12. What are the characteristics of a company in SAP

S/4HANA? Note:There are 2 correct answers to this
question.
a. It is responsible for costs and revenues within an
organization.
b. It is considered for consolidation.
c. It can be assigned to a company code.
d. It represents separate areas of operation within an
organization.

13. You are a group cash manager interested in the North

American business market. What are the personalization
options available to you in SAP Fiori? Note:There are 2
correct answers to this question.
a. You can create a tile group with all the apps required for
your daily business for easy access.
b. You can adapt the Launchpad colour theme according to
predefined values for the cash report.
 c. You can manage user access to relevant apps for the
North American accounts payable group that reports to
you.
d. You can create an app to take you directly to the cash
position of the North American business market.

14. Which business partner characteristics mapped to the

customer and supplier account groups?
a. Business partner type
b. Business partner category
c. Business partner role
d. Business partner grouping

15. In customizing, at which levels can you assign the print

program to the correspondence type? Note:There are 2
correct answers to this question.

a. At client level
b. At company code level
c. At business partner level
d. At system level

16. You want to define a validation for the combination

of general ledger account and cost center.
For which call-up point do you define this validation?
a. Complete

document b.

Document line

c. Document header
d. Cost of sales accounting
17. Your SAP S 4HANA system is integrated with controlling.
You perform cost-of-sales accounting, and you report your
profit and loss per profit center.
When posting a supplier invoice to a primary cost account,
which field is mandatory by standard procedures?
a. Segment
b. Functional Area
c. Cost center
d. Internal Order
18. You post a purchase order. For which expenses does
the system calculate accruals?
Note:There are 2 correct answers to this question.
 a. Consulting services
b. Insurance premiums
c. Fixed Asset purchases
d. Raw material purchases

19. When can you set the open item management indicator in
a general ledger account? Note:There are 2 correct
answers to this question.
a. When an account is used as a reconciliation account
b. When an account is required for clearing
c. When an account has a zero balance
d. When an account is set up as a cost element

20. At what level is the bank master data stored in

SAP S/4HANA?
a. At the client level
b. At the company code level
c. At the company level
d. At the credit control area level

21. Which parameters can you specify directly when you

create a new correspondence type? Note:There are 3
correct answers to this question.
a. Account required
b. Document number required
c. Number of date fields required
d. Reason code required
e. Company code required

22. You are responsible for implementing Asset Accounting. You

are provided with the legacy data of various assets and their
Grouping information based on classifications, useful life ,
and depreciation terms.
What configuration step would you initiate to maintain these
categories in SAP S/4HANA?
a. Define Copy the chart of depreciation and
maintain depreciation area.
 b. Define general ledger accounts per each category of
legacy asset.
c. Define asset classes and maintain their attributes.
d. Configure depreciation keys and calculation keys.
23. Which of the following statements are valid for
financial document number ranges? Note: There are 3
correct answers to this question.

a. Financial document number ranges defined at client

level should not overlap
b. All financial document number ranges can contain numbers
and/or letters.
c. Financial document number ranges are defined at
company code level.
d. Financial document number ranges must be defined for the
year in which they are used.
e. The same financial document number range can be
assigned to several document types.

24. What is shared between all deployment options for SAP

S/4HANA (Cloud, On-Premise)? Note:There are 3
correct answers to this question.
a. Data model
b. Upgrade intervals
c. User experience
d. Business scope
e. Code line

25. How does SAP S/4HANA support the treatment of

taxes? Note:There are 3 correct answers to this
question.
a. It checks the tax codes and automatically updates the tax
rates based on changes by the tax authorities.
b. It checks the tax amount entered and automatically
calculates the tax.
c. It posts the tax amount to tax accounts.
d. It performs tax adjustments for cash discounts and other
forms of deductions.
e. It adjusts the tax codes and automatically updates the
procedure.
26. You assign currency type 40 to your company code in
ledger GL. Which source currency types can you select?
Note:There are 2 correct answers to this question.
a. Group currency
b. Document currency
c. Company code currency
d. Controlling area currency

27. Which statements best describe extension ledgers in SAP

S/4HANA? Note:There are 2 correct answers to this
question.
a. Extension ledgers can be assigned their own fiscal
year variant.
b. Extension ledgers can have different currencies than the
underlying ledger.
c. Multiple extension ledgers can point to the same
underlying ledger.
d. Extension ledgers can be assigned their own posting
period variant

28. You want to configure the default baseline date for the
payment terms of an incoming invoice. From which date
can you derive the baseline date?
Note: There are 3 correct answers to this question.
a. Value date
b. Entry date
c. Posting date
d. Goods receipt date
e. Document date
29. What are key reasons for preferring a new implementation
of SAP S/4HANA rather than a system conversion from SAP
ERP?
Note:There are 2 correct answers to this question.
a. You want to use document splitting for the General
Ledger. b. You want to deploy SAP S/4HANA Cloud.
c. You want to clean up your system and use SAP
Best Practices.
d. You want to integrate the system to SAP Cloud Platform.
30. What can you control with the reason code in Accounts
Receivable? Note:There are 3 correct answers to this question.
a. The type of payment notice sent to a customer.
b. The special GL indicator for the down payment.
c. The exclusion of disputed residual items from credit limit
checks.
d. The document type of the payment.
e. The account where a residual item is posted-

31. What does the document type control? Note:There are 2

correct answers to this question.
a. Which account types are allowed for
postings b. Whether negative postings are
permitted
c. Whether exchange rate differences are permitted
d. Which posting keys are allowed for postings
32. For which account can you perform account clearing in
SAP S/4HANA?
a. For any GL account defined as reconciliation account.
b. For any account that is managed on an open item
basis.
c. For any balance sheet account.
d. For any account that is managed on a line item basis.
33. What are the features of the Accrual Engine in SAP
S/4HANA? Note: There are 2 correct answers to this question.
a. All currencies of the general ledger are supported.
b. Accrual postings with a maximum of two line items are
supported.
c. All accrual calculations must be reviewed and
approved before posting.
d. The fiscal year variant of the general ledger is supported.
34. In your system, you currently perform manual outgoing
payments and you want to use the automatic payment
program. Which settings must you maintain as part of the
configuration of the automatic payment program?
Note:There are 2 correct answers to this question.
a. Paying company code.
b. Payment terms
c. Payment
tolerances d. Bank
determination
35. In your SAP S/4HANA system, you report financial
values for three separate accounting principles. You post
an acquisition for an asset that is capitalized in a single
accounting principle.
If you use the application to post integrated asset acquisitions,
how many documents will the system post?
a. 1
b. 2
c. 3
d. 4

36. Which requirements do you need to fulfill to use data aging

for Finance in the SAP S/4HANA system? Note: There are 2
correct answers to this question.
a. Archive transactional data no longer legally required.
b. Add required authorizations for data aging to your
role.
c. Define the logical file path as a global path for data aging.
d. Switch on the data aging business function.

37. You must run the foreign currency valuation for both US
GAAP and IFRS, which leads to different values for the
two different accounting principles.
How can you set this up in the system?
a. Define two valuation areas and two accounting principles
with relevant links to ledgers.
b. Define two valuation methods and assign the accounting
principles to the new valuation methods.
c. Define a valuation area and extension ledger to link
with the new valuation area.
d. Define a valuation area and ledger group for two ledgers
to ink with the new valuation area.

38. You want to post journal entries in a special period.

Which conditions must be met?
Note: There are 2 correct answers to this question.
a. You must enter a posting date in the last posting period.

b. The special period must be open for posting in the period

control.
 c. The balance carry-forward to the new fiscal year must have
taken place.
d. The last posting period must be open for posting in the
period control.

39. What is the difference between the ledger approach and

the accounts approach to parallel valuation in Asset
Accounting?
a. In the ledger approach, you assign a ledger group to
every depreciation area, unike the accounts approach.
b. In the ledger approach, you maintain additional
depreciation areas to post the delta valuation of each
accounting principle, unike the accounts approach.
c. In the accounts approach, you assign a separate set of
accounts for each accounting principle, unlike the ledger
approach.
d. In the accounts approach, you define a technical clearing
account for integrated asset acquisitions, unike the ledger
approach

40. You are responsible for configuring document splitting. What

are some of the key settings?
Note:There are 2 correct answers to this question.
a. Field status variant
b. Document number range
c. Business transact on variant
d. Document type

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. Ledger balances must be carried forward.
d. Foreign currency valuation must be
posted.

42. What do you need to do to configure a new exchange rate

type in SAP S/4HANA? Note:There are 2 correct answers
to this question.
a. Specify the company code currency as the base
currency. b. Set up the relationship between currencies using
translation ratios.
 c. Maintain exchange rates daily.
d. Specify a purpose for the exchange rate type.

43. Which documents are needed to complete the 3-way match

in procurement transactions? Note:There are 3 correct
answers to this question.
a. Purchase
requisition b.Purchase
order
c. Invoice receipt
d. Material document
e. Goods receipt

44. You are running an international business and you want to

set up separate legal entities to run operations and
perform accounting activities.
Which organizational unit do you need to create for each legal
entity?
a. Consolidation group
b. Company code
c. Company
d. Segment
45. Which of the following steps do you typically perform for
a payment run with the automatic payment program?
Note: There are 2 correct answers to this question.
a. Rank bank accounts for payment.
b. Define maximum amounts to be paid per supplier.
c. Review the payment proposal exception list.
d. Maintain open item select on parameters

46. Which parameter indicates that a line item can only be

dunned with restrictions?
a. Dunning area
b. Dunning group
c. Dunning key
d. Dunning block reason

47. How can you perform transfers of assets between

company codes with different charts of depreciation?
a. Enter depreciation area mapping during intercompany
transfer posting.
b. Configure the cross-company depreciation areas in
Customizing.
 c. Assign the group chart of depreciation to the relevant
fixed assets.
d. Correct the depreciation area assignment in the asset
master record after posting.

48. Which of the following should you consider when defining

asset number ranges? Note: There are 2 correct answers to
this question.
a. Each asset number range must be assigned to a
unique asset class.
b. Each asset class can have either an internal or external
number range.
c. Asset number ranges are defined at chart of depreciation
level.
d. Asset number ranges are defined for asset classes and
are company code specific.
49. Which date is used to determine the depreciation start date?
a. Posting date
b. Document date
c. System date
d. Value date
50. Which fields of a financial accounting document influence
the automatic payment program? Note: There are 3 correct
answers to this question.
a. Payment method
b. Payment block
c. Payment type
d. Invoice reference
e. Terms of
payment
51. How does the system determine the correspondence type
of a payment notice?
a. According to the reason code, as long as all the
tolerance groups carry the same correspondence type
b. According to the reason code, as long as all the
reason codes carry the same correspondence type
c. According to the tolerance group, as long as all the reason
codes carry the same correspondence type
d. According to the tolerance group, as long as all the
tolerance groups carry the same correspondence type
52. Which closing activities are performed for external
reporting as per SAP best practices? Note: There are 2
correct answers to this question.
a. Update product cost estimates with standard prices
b. Perform valuations of open items in foreign currency
c. Regroup Receivables and payables on the balance sheet.
d. Run plan assessment cycles for profit centers.

53. After you collect data in the internal company

Reconciliation tool, what are the next steps of the
reconciliation process?

a
• Store the data
• Present reconciled and non-reconciled data.
• Communicate differences
• Post the correction documents

b
• Post the correct on documents.
• Store the data.
• Present reconciled and non-reconciled data.
• Communicate differences.

c
• Present reconciled and non-reconciled data.
• Post the correct on documents.
• Store the data.
• Communicate differences.

d
• Store the data.
• Present reconciled and non-reconciled data.
• Post the correct on documents.
• Communicate differences.
54. Which statements best describe a profit center?
Note:There are 2 correct answers to this question.

a. It is the only object from which segments can be uniformly

derived.
b. It must be used simultaneously with segments to create
separate balance sheet and P&L statements.
c. It is an element for which separate balance sheet and
P&L statements can be created.
d. It is the only object that can be uniformly derived using
segments.

55. What do you define when configuring asset

classes? Note:There are 3 correct answers to this
question.
a. Account determination
b. Number ranges
c. Financial statement version
d. Screen layout rules
e. Posting keys

56. On which levels can you maintain field status controls for
business partners (BP)? Note:There are 2 correct
answers to this question.
a. Company code
b. BP category
c. BP type
d. BP role

57. You are configuring asset-related postings of depreciation

areas in Asset Accounting.
Which of the following settings is NOT permitted?
a. Area posts in real time
b. Area does not post
c. Area Posts Revaluation only
d. Area posts depreciation only

58. What does the document splitting functionality do?

a. It enriches all secondary cost element account lines
with the defined splitting characteristics.
 b. It enriches all revenue account lines with the defined
splitting characteristics.
c. It enriches all relevant balance sheet account lines with the
defined splitting characteristics.
d. It enriches all profit and loss account lines with the
defined splitting characteristics.

59. Which steps are required to create a substitution in Financial

Accounting? Note: There are 3 correct answers to this
question.
a. Define the substitution rule with its different steps using
the formula editor.
b. Choose the area of application GL.
c. Select the correct call-up point.
d. Assign the substitution rule to the controlling area.
e. Activate the substitution rule

60. Which elements define the integration of asset acquisitions

with the general ledger? Note: There are 2 correct answers
to this question
a. Asset Class
b. Valuation area
c. Depreciation area
d. Depreciation keys
61. How does the system perform normal journal entry
reversals?
a. It creates a transfer posting by resetting the
transaction figures.
b. It creates an inverse posting by increasing the transaction
figures.
c. It creates an inverse posting by resetting the transaction
figures.
d. It creates the inverse posting of a cleared document
before resetting it.

62. You are getting ready to post your first simple general
ledger document using the SAP Fiori app for posting in a
test environment. What configuration items do you need to
set up to post a simple document?
Note: There are 2 correct answers to this question.
a. Number range and document types must be maintained.
 b. The posting period variant must be created and assigned.
c. Tax types and tax codes must be maintained.
d. Line item text templates must be maintained.

63. What items are NOT cleared by the automatic clearing

program? Note:There are 3 correct answers to this question.
a. Items with withholding tax
b. Items with sales and use tax
c. Statistical postings
d. Noted items
e. Items with value-added tax

64. What is the purpose of the chart of depreciation?

a. The chart of depreciation substitutes the operational
chart of accounts in asset-related postings.
b. The chart of depreciation manages country-specific legal
valuation of fixed assets.
c. The chart of depreciation is a reporting tool that
structures your assets for hierarchical reporting.
d. The chart of depreciation defines the asset classes
for which you can create fixed assets.

65. Which of the following statements best describe how

customer down payments are integrated with Sales
& Distribution (SD)?
a. A down payment request is created as an Fl noted
item, which automatically generates an SD billing
document.
b. A down payment request is created as an SD sales
order, which is automatically posted in Fl as a noted item.
c. A down payment request is created as an SD billing
document, which is automatically posted in Fl as a noted
item.
d. A down payment request is created as an Fl noted
item, which automatically generates an SD sales order.

66. How do you configure depreciation areas in SAP

S/4HANA? Note: There are 2 correct answers to this
question.
a. Ensure depreciation areas always post to the
general ledger.
b. Assign a ledger group to each depreciation area.
c. Assign depreciation area 01 to the leading ledger.
 d. Ensure each accounting principle is assigned to a
depreciation area .
67. Which of the following are valid settlement receivers when
you perform settlement for an asset under construction on
a line item basis? Note:There are 2 correct answers to this
question.
a. Profit center
b. Fixed asset
c. Functional area
d. Cost center

68. You are creating an asset master record by copying

another asset, and you notice that the inventory number is
copied over. Which setting do you make on the screen
layout maintenance page to ensure the inventory number is
NOT copied over when you create a new asset via copy?
a. Remove the sub number indicator
b. Remove the main asset indicator
c. Remove the asset class indicator
d. Remove the reference indicator

69. What are some features of SAP HA NA? Note:There are

2 correct answers to this question.

a. SAP HANA is optimized to organize data using

column stores
b. Index SAP HANA allows transactional and
analytical processing from the same tables.
c. SAP HANA is optimized to work with aggregates and
index tables.
d. SAP HANA is built on a hierarchical data model
architecture

70. You want to configure the tax calculation procedures.

What are the main elements you need to define? Note: There
are 3 correct answers to this question
a. Account key
b. Condition type
c. Tax code
d. Country key
e. Sequence of steps
71. You need to define a new document type with a
specific document number range to post customer
invoices via interface from a non-SAP system.
How would you define the document number range?
a. You must use continuous number assignment.
b. You can use internal, external, or continuous number
assignment.
c. You must use external number assignment.
d. You must use internal number assignment

72. You forgot to add a new general ledger account to the

financial statement version. What impact does this have on the net
profit and net loss?
a. The balance of the new account is added to the notes in
the financial statement item section and is excluded
from the calculation.
b. The balance of the new account is added to the notes in
the financial statement item section and is included in
the calculation.
c. The balance of the new account is added to the non-
assigned section and is included in the calculation.
d. The balance of the new account is added to the non-
assigned section and is excluded from the
calculation.

73. A general ledger account has a foreign currency setting of

CAD. The company code currency is USD. The controlling
area currency is EUR.
Which currencies can you post to in this

account? a. You can only post to the account

in CAD.

b. You can only post to the account in USD.

c. You can only post to the account in CAD,USD, and EUR.
d. You can only post to the account in CAD and USD
74. You define custom currency type Z1 for your company code.
Which currency types must be stored in the Data Entry view?
Note:There are 2 correct answers to this question.
 a. Object currency
b. Company code currency
c. Document Currency
d. Custom currency type Z1

75. What is the recommended organizational unit for cost

of sales accounting?
a. Sales area
b. Business area
c. Controlling area
d. Functional area
76. Besides using the profit center,which options does General
Ledger Accounting with document splitting provide to
assign a segment to the posting line? Note:There are 2
correct answers to this question.
a. Standard account assignment using constants
b. BAdl implementation (FAGL_DERIVE_SEGMENT)
c. Configuration of the derivation logic with derivation
sequence and steps
d. Definition of validation rules

77. What are the maintenance levels of a screen layout rule for
asset master data? Note:There are 3 correct answers to
this question.
a. Main asset number
b. Asset class
c. Asset sub number
d. Depreciation area
e. Group asset

78. Which field can you change on a posted invoice?

a. Payment terms
b. Tax code
c. Cost center
d. Special GL indicator
79. How do you identify an asset as an asset
under construction?
a. The asset capitalization date is empty.
b. The asset belongs to a specific asset class.
c. The ordinary depreciation start date is empty.
 d. The asset is assigned to NO depreciation area.

80. You perform foreign currency valuation for open items of

your supplier accounts. The valuations will be used only
for period end reporting and should then be reversed.
What account does the system use to post the valuation
differences?
a. Individual supplier accounts with special GL indicator
b. Adjustment account for foreign currency
c. Statistical FOREX noted item account
d. Supplier reconciliation GL account