The SAP S/4HANA Cloud Private Edition, Financial Accounting Certification Sample Question Set on this page is designed to familiarize you with the actual SAP C_TS4FI_2023 exam format and question types. These basic sample questions help you understand the structure of the test and what to expect. While these questions provide a good starting point, they are just a glimpse of the real exam scenario. To get familiar with more exam properties, we suggest you try our Sample SAP S/4HANA Cloud Private Edition Financial Accounting Certification Practice Test.
This Sample SAP C_TS4FI_2023 Certification Practice Exam is intended for evaluation purposes only. If you are planning to take the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting and want to thoroughly test your SAP S/4HANA knowledge to identify any weak areas, we strongly recommend starting your preparation with our Premium SAP S/4HANA Cloud Private Edition Financial Accounting Certification Practice Exam. Our premium practice tests offer an extensive set of scenario-based questions that closely simulate the actual exam environment. By using our premium SAP S/4HANA Cloud Private Edition, Financial Accounting exams, you can ensure comprehensive coverage of all necessary topics, significantly boosting your confidence and increasing your chances of success on your certification exam.
SAP S/4HANA Cloud Private Edition Financial Accounting Sample Questions:
01. 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?
Please choose the correct answer.
a) Alternative reconciliation G/L account
b) Individual supplier accounts with special G/L indicator
c) Supplier reconciliation G/L account
d) Adjustment G/L account for foreign currency
02. 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) Group currency
b) Transaction currency
c) Material ledger currency
d) Local currency
03. Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
a) A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.
b) A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation.
c) A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.
d) A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.
04. In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
There are 2 correct answers to this question.
a) Net book value
b) Deprecation start date
c) Capitalization date
d) Asset class
05. How can you create an asset under construction?
There are 2 correct answers to this question.
a) Automatically, when settling capex costs from an internal order
b) Automatically, when settling capex costs from a WBS element
c) Automatically, when creating an investment measure
d) Manually (transaction ASO1), using a specific asset class
06. During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.
a) Post
b) Hold
c) Simulate
d) Park
07. What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
a) Non-operating expense or income
b) Secondary costs
c) Field status group
d) Reconciliation accounts
e) Balance sheet
08. You want to make the Reference Document Number field required for entry. Which object controls this setting?
Please choose the correct answer.
a) Document field status
b) Document type
c) Document posting key
d) Document reference key
09. The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?
Please choose the correct answer.
a) Account selection
Item selection
Dun line items
b) Item selection
Dun line items
Dun account
c) Account selection
Dun line items
Dun account
d) Item selection
Dun account
Dun line items
10. How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer.
a) SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.
b) SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
c) SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.
d) SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.
Quick Tips:
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SAP includes a note: "There are 'N' correct answers to this question" in the actual SAP S/4HANA Cloud Private Edition Financial Accounting Certification Exam.
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SAP does not ask "True or False" type questions in the actual SAP C_TS4FI_2023 Exam.
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SAP provides an option to increase (+) or decrease (-) the font size of the test screen for better readability in the actual SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Exam.
Solutions:
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Question: 01
Answer: d
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Question: 02
Answer: a, d
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Question: 03
Answer: c, d
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Question: 04
Answer: a, b
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Question: 05
Answer: b, c
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Question: 06
Answer: a, d
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Question: 07
Answer: a, b, e
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Question: 08
Answer: b
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Question: 09
Answer: c
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Question: 10
Answer: a
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Note: If you find any typos or data entry errors in these SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) sample questions, please let us know by emailing us at feedback@erpprep.com
