SAP C_TS4FI_2021 Quiz 12 Topic 4 Questions 56-60

Question: 1

Financial Closing

'Which closing activities are performed for external reporting as per SAP best practices?

Note: There are 2 correct answers to this question.'

ARegroup receivables and payables on the balance sheet.

BUpdate product cost estimates with standard prices.

CRun pla assessment cycles for profit centers.

DPerform valuations of open items in foreigh currency.

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Question: 2

Accounts Payable & Accounts Receivable

How does the system determine the correspondence type of a payment notice?

AAccording to the reason code, as long as all the reason code carry the same correspondence type.

BAccording to the reason code, as long as all the tolerance groups carry the same correspondence type.

CAccording to the tolerance group, as long as all the tolerance groups carry the same correspondence type.

DAccording to the tolerance group, as long as all the reason code carry the same correspondence type.

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Question: 3

Financial Closing

'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 account, which field is mandatory by standard procedures?'

ABusiness Area

BProfitability segment

CFunctional Area

DSegment

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Question: 4

General Ledger Accounting

For which account can you perform account clearing in SAP S/4HANA?

AFor any balance sheet account managed on a line item basis

BFor any account that is managed on an open item basis

CFor any G/L account defined as reconciliation account

DFor any account that is assigned to a financial statement version

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Question: 5

Accounts Payable & Accounts Receivable

'Which documents are needed to complete the 3-way match in procurement transactions?

Note: There are 3 correct answers to this question'

AInvoice Receipt

BGoodes Receipt

CDown payment request

DPurchase Requisition

EPurchase Order

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SAP C_TS4FI_2021 Quiz:12 Topic:4 Questions:56-60