C - TS4FI - 2021 SAP Exam Practice Questions
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certquestionsbankC - TS4FI - 2021 SAP Exam Practice Questions
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certquestionsbankThis PDF contains a set of carefully selected practice questions for the
C_TS4FI_2021 exam. These questions are designed to reflect the
structure, difficulty, and topics covered in the actual exam, helping you
reinforce your understanding and identify areas for improvement.
What's Inside:
1. Topic-focused questions based on the latest exam objectives
2. Accurate answer keys to support self-review
3. Designed to simulate the real test environment
4. Ideal for final review or daily practice
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This material is for personal study purposes only. Please do not
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Share some C_TS4FI_2021 exam online questions below.
1.You want to edit a dunning proposal.
Which actions can you perform? Note: There are 3 correct answers to this questions.
A. Block an account.
B. Raise the dunning level of an item.
C. Change a document.
D. Lower the dunning level of an item.
E. Block a I ine item.
Answer: A,D,E
2.which characteristics maps the business partner to the customer and supplier account groups?
A. Business partner role
B. Business partner account group
C. Business partner grouping
D. Business partner view
Answer: C
3.Which statements best describe a profit center? Note: There are 2 correct answers to this
questions.
A. It is an object for which separate balance sheet and P&L statements can be created, whether
segments are being maintained or not.
B. It is the only object from which segments can be uniformly derived.
C. It is an object for which separate balance sheet and P&L statements are ,created only when used
in conjunction segments.
D. It is the only object that can be uniformly derived using segments.
Answer: A,B
4.How does an automatic intercompany asset transfer work?
A. It assumes that the transfer happens between two independent legal entities
B. It determines the relationship type automatically, using the company code
C. determines the relationship type automatically, using the company ID
D. It does NOT allow a transfer to happen within a single legal entity
Answer: A
5.Which statement best describe extension ledgers in SAP S/4HANA? Note: There are 2 correct
answers to this questions.
A. Multiple extension ledgers can point to the same underlying ledger
B. Extension ledgers can be assigned their own fiscal year variant
C. Extension ledgers can be assigned their own posting period variant
D. Extension ledgers can have different currencies than the underlying ledger
Answer: A,C
6.1.What does the document type control? Note: There are 3 correct answers to this questions.
A. Whether postings to special periods are permitted
B. Which posting keys are allowed for postings
C. whether postings to secondary cost accounts are permitted
D. Which account type are allowed for postings
E. Whether negative posting are permitted
Answer: A,D,E
7.What does the document splitting funtion do? Note: There are 2 correct answers to this questions.
A. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
B. It ensure that you can create complete financial reports per profit center if it is required by the
business.
C. It enable the automatic creation of additional posting documents for each defined splitting
characteristics.
D. It enriches all customer and vendor line items with the defined splitting characteristics in the
relevant subledgers.
Answer: A,D
8.You want to post journal entries in a special period.
Which conditions must be met? Note: There are 2 correct answers to this questions.
A. You must enter a posting date in the last posting period
B. The balance carry-forward to the new fiscal year must have happened
C. The special period must be open for posting in the period control
D. The last posting period must be open for posting in the period control
Answer: A,C
9.Which steps are required to create a substitution in Financial Accounting? Note: There are 3 correct
answers to this questions.
A. Select the correct call-up point.
B. Specify an authorization group.
C. Define the substitution rule with its different steps using the formula editor.
D. Assign the substitution rule to the controlling area.
E. Select Activation Level 2.
Answer: B,C,E
10.Which date is used to determine the depreciation star date?
A. Baseline date
B. Acquisition date
C. Posting date
D. Asset value date
Answer: D
11.Which elements define the integration of asset acquisitions with the general ledger? Note: There
are 2 correct answers to this questions.
A. Valuation Area
B. Depreciation Area
C. Asset Class
D. Depreciation Keys
Answer: B,C
12.Which fields of a financial accounting document influence the automatic payment program? Note:
There are 3 correct answers to this questions.
A. Payment method
B. Payment transaction
C. Payment type
D. Term of payment
E. Baseline date
Answer: A,B,D
