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Quiz 2023 C_TS4FI_2021: Newest SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Latest Test Materials

Download SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Exam Dumps

NEW QUESTION 37
When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.

• A. When an account is used as a reconciliation account
• B. When an account is required for clearing
• C. When an account has a zero balance
• D. When an account is set up as a cost element

Answer: B,C

NEW QUESTION 38
"Organizational Assignments and Process Integration "
"Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this question."

• A. Define the substitution rule with its different steps using the formula editor.
• B. Select the correct call-up point.
• C. Assign the substitution rule to the controlling area.
• D. Specify an authorization group.
• E. Select activation level 2.

Answer: A,B

NEW QUESTION 39
General Ledger Accounting
"What items are NOT cleared by the automatic clearing program?
Note: There are 3 correct answers to this question."

• A. Items with value-added tax
• B. Items with sales and use tax
• C. Items with withholding tax
• D. Noted items
• E. Statistical postings

Answer: B,C,E

NEW QUESTION 40
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. Update product cost estimates with standard prices.
• C. Perform valuations of open items in foreigh currency.
• D. Regroup receivables and payables on the balance sheet.

Answer: C,D

NEW QUESTION 41
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