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100% Pass 2022 SAP C-TS4FI-2021: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Newest New Mock Exam
NEW QUESTION 21
General Ledger Accounting
"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. Tax code
- B. Condition type
- C. Account key
- D. Tax category
- E. Sequence of steps
Answer: B,C,D
NEW QUESTION 22
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 defines the asset classes for which you can create fixed assets
- D. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
Answer: B
NEW QUESTION 23
Financial Closing
"Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 2 correct answers to this question."
- A. Run pla assessment cycles for profit centers.
- B. Regroup receivables and payables on the balance sheet.
- C. Perform valuations of open items in foreigh currency.
- D. Update product cost estimates with standard prices.
Answer: B,C
NEW QUESTION 24
Financial Closing
"To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question"
- A. Define the person responsible for tasks
- B. Create a template
- C. Release the task list
- D. Define task dependencies
- E. Create task groups
Answer: B,D,E
NEW QUESTION 25
General Ledger Accounting
What does the document splitting functionality do?
- A. It enables the automatic create of additional posting documents for each defined spliiting charecteristic.
- B. It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items.
- C. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- D. It enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers.
Answer: C
NEW QUESTION 26
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