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Quiz Reliable SAP - C_TS4FI_2021 - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) New Study Guide
NEW QUESTION 53
Financial Closing
"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?"
- A. Define two valuation methods and assign the accounting principles to the new valuation methods.
- B. Define two valuation ares and two accounting principles witth relevate links to ledgers.
- C. Define two valuation methods and assign the ledger groups to the new valuation method.
- D. Define two valuation ares and two extension ledgers with relevant links to accounting principles.
Answer: A
NEW QUESTION 54
Asset Accounting
"You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation Which of the following settings would lead to an error?"
- A. Area posts APC immediately, depreciation periodically
- B. Area posts depreciation only
- C. Area does not post
- D. Area posts in real time
Answer: C
NEW QUESTION 55
General Ledger Accounting
"What items are NOT cleared by the automatic clearing program?
Note: There are 3 correct answers to this question."
- A. Noted items
- B. Items with withholding tax
- C. Statistical postings
- D. Items with value-added tax
- E. Items with sales and use tax
Answer: A,C
NEW QUESTION 56
Asset Accounting
Which date is used to determine the depreciation start date?
- A. Document date
- B. Asset value date
- C. Baseline date
- D. Posting date
Answer: B
NEW QUESTION 57
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
- A. Posting to the extension ledge
- B. Posting to special periods
- C. Posting from CO to FI
- D. posting to special putpose ledge
Answer: C
NEW QUESTION 58
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