SAP C_TS4FI_2021 Quiz 1 Topic 6 Questions 1-5

Question: 1

Asset Accounting

How do you identify an asset master record as an asset under construction?

AThe asset belongs to a specific asset class

BThe ordinary depreciation start date is empty

CThe depreciation key is empty

DThe asset capitalization date is empty

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Question: 2

Accounts Payable & Accounts Receivable

'Which of the following statemens best describe a noted item?

Note: There are 2 correct answers to this question'

AIt can be used to remind the user about due payments

BIt can be accessed by the payment program

CIt has an automatic statistical offsetting entry

DIt updates the subledger and the general ledger

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Question: 3

Accounts Payable & Accounts Receivable

'What you can control with the reason code in Accounts Receivable?

Note: There are 3 correct answers to this question.'

AThe special G/L indicator for the down payment

BThe type of payment notice sent to customer.

CThe exclusing of disputed residual items from credit limit checks.

DThe document type of the payment.

EThe account where a residual item is posted.

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Question: 4

Accounts Payable & Accounts Receivable

'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.'

AEntry date

BDocument date

CGoods receipt date

DPosting date

EValue date

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Question: 5

Asset Accounting.

'You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.

What are the year-end closing program checks for Asset Accounting?

Note: There are 2 correct answers to this question'

ADepreciation is posted in full for all assets

BPosting periods are closed for asset G/L accounts

CThe fixed asset fiscal year change is complete

DAsset master data is complete and without errors

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SAP C_TS4FI_2021 Quiz:1 Topic:6 Questions:1-5