C_TS4FI_2023
Question 1
Which object is used to directly support the preparation for consolidation?
A. Segments/Profit Centers
B. Functional Areas
C. Ledgers/Ledger Groups
D. Company/Trading Partner
Answer D
Question 2
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct
answers to this question.
A. 60 = Global company currency
B. 00 = Document currency
C. 40 = Hard currency
D. 10 = Company code currency
E. 30 = Group currency
Answer C D E
Question 3
In which scenarios is the technical clearing account posted? Note: There are 2 correct answers to
this question.
A. Asset transfer posting between asset classes
B. Settlement of an investment order to an asset under construction
C. Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)
D. Valuated goods receipt on a purchase order with an asset as account assignment
Answer B D
Question 4
You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?
A. Posting is done in FI-AA and in FI-GL online and in real time.
B. Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.
C. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has
run.
D. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.
Answer B
Question 5
What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.
A. It must be linked to leading ledger OL.
B. It cannot take over values from other areas.
C. It must always post in real time.
D. It must be defined as a cost accounting valuation area type.
Answer A C
Question 6
On which levels can you define the technical clearing account for Integrated Asset Acquisition in
Customizing? Note: There are 2 correct answers to this question.
A. Account determination
B. Chart of Accounts
C. Depreciation area
D. Asset Class
Answer B D
Question 7
You want to post depreciation costs of one asset to two cost centers. How do you do this?
A. You assign a statistical order in the asset master data which you settle periodically to two
cost centers.
B. You assign a real cost center and a statistical cost center in the asset master data.
C. You assign a real internal order in the asset master data which you settle periodically to two
cost centers.
D. You assign two real cost centers in the asset master data.
Answer C
Question 8
You run the balance carry forward for your company code. When looking at the log you see there is
an error with regards to . What is the cause of the error?
A. You have incomplete asset master records.
B. You have not closed the previous fiscal year.
C. You have not posted depreciation completely.
D. You have not run the settlement for your assets under construction.
Answer B
Question 9
You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which
prerequisites must be met? Note: There are 2 correct answers to this question.
A. The account is a balance sheet account.
B. The account is defined as open item managed.
C. The account is defined in the account determination for each asset class.
D. The account is defined as a reconciliation account for fixed assets.
Answer A D
Question 10
On which levels do you define FI-AA account determination? Note: There are 2 correct answers to
this question.
A. Client
B. Chart of depreciation
C. Chart of accounts
D. Company code
Answer B D
Question 11
At which levels do you choose between direct and indirect quotation? Note: There are 2 correct
answers to this question.
A. Exchange rate type
B. Country
C. Company code
D. Client
Answer A D
Question 12
Which of the following organizational elements can be shared by several company codes? Note:
There are 3 correct answers to this question.
A. Segment
B. Business area
C. Sales organization
D. Plant
E. Profit center
Answer CDE
Question 13
Your company follows IFRS accounting principles and needs to issue a full financial statement for its
two main divisions "Consumer Products" & "Professional Products". What do you need to achieve
segment reporting in this scenario? Note: There are 3 correct answers to this question.
A. Profitability segments
B. Document splitting
C. Segments
D. Profit centers
E. Business areas
Answer A C E
Question 14
At which level do you define functional areas?
A. Controlling area
B. Client
C. Financial statement version
D. Company code
Answer D
Question 15
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this
question.
A. 30 = Group currency
B. 20 = Controlling area currency
C. 00 = Document currency
D. 10 = Company code currency
Answer B D
Question 16
You want to implement purchase order accruals in SAP S/4HANA.Which of the following use cases
are relevant? Note: There are 2 correct answers to this question.
A. Purchase of raw materials for inventory
B. Purchase of fixed assets (using direct capitalization method)
C. Purchase of services
D. Purchase of consumable materials
Answer CD
Question 17
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single
source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct
answers to this question.
A. Primary costs resulting from a distribution
B. Secondary costs resulting from an assessment
C. Intercompany postings
D. Budgeted costs for a cost center
E. Plan depreciation amounts
Answer A C E
Question 18
You want to assign your 3 newly created company codes to the same controlling area.Which settings
must be common to all the company codes? Note: There are 2 correct answers to this question.
A. Posting period variant
B. Fiscal year variant
C. Operating chart of accounts
D. Source currency for group currency
Answer B C
Question 19
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?
A. Profit center
B. Business area
C. Segment
D. Functional area
Answer A
Question 20
Your system uses parallel currencies. What is the posting indicator of the depreciation area for the
parallel currency?
A. Does not post to G/L
B. Posts to G/L in real time
C. Posts APC real time and depreciation periodically
D. Posts to G/L periodically
Answer D
Question 21
Your company based in France has a permanent establishment in Switzerland where financial
statements are required by law.Which organizational unit do you need to create for the permanent
establishment in Switzerland?
A. Business area
B. Segment
C. Profit center
D. Company code
Answer A
Question 22
Which of the following objects is only a statistical account assignment for cost postings to an asset?
A. Profit center
B. Internal order
C. Cost center
D. WBS element
Answer B
Question 23
You post a vendor invoice for asset acquisition without reference to a purchase order. Which
accounting documents are generated?
A. One document per accounting principle
B. One document for all accounting principles
C. One document per accounting principle & one document for all accounting principles
D. Separate documents for each and every accounting principle
Answer B
Question 24
What can you achieve with the legacy data transfer in via transaction AS91?
A. Setting the company code status for legacy data transfer
B. Creation of master data
C. Posting the summary write off in G/L
D. Posting of take over values
Answer B
Question 25
You have activated the WBS Element (not related to Investment Management) as an account
assignment for with the parameters "balan sheet" and "identical" active. What are the
consequences? Note: There are 2 correct answers to this question.
A. The WBS Element is available for input in the asset master record.
B. The WBS Element from the asset master data can be changed during planned depreciation
posting.
C. The WBS Element can no longer be changed in the asset master record once the asset is
capitalized.
D. The WBS Element cannot be used anymore for settlement.
Answer A B
Question 26
You perform the depreciation run for your assets. For a specific asset, you would like to post the
depreciation costs to a different cost center than the one specified in the asset master data. How do
you achieve this?
A. By changing the corresponding error into a warning via configuration
B. By creating a substitution in Financial Accounting line items
C. By removing the cost center from the asset master data
D. By setting the "identical" parameter as not activated in the account assignment
configuration
Answer B
Question 27
What are the consequences of the activation of segment reporting in ? Note: There are 2 correct
answers to this question.
A. The segment is automatically updated in existing asset master data.
B. The segment appears in the screen layout for asset master data.
C. The segment appears in the additional account assignment configuration.
D. The segment activation can be reversed.
Answer B C
Question 28
What does the fiscal year variant define? Note: There are 2 correct answers to this question.
A. The posting periods open for posting
B. The number of posting periods
C. The start and end date of posting periods
D. The authorization to post to special periods
Answer AB
Question 29
You try to assign an alternative account to a G/L account but receive an error message. What can be
the reason?
A. You have not assigned the alternative chart of accounts to your operational chart of
accounts.
B. The alternative account has not been created for the company code.
C. You have not assigned the alternative chart of accounts to your company.
D. The alternative account is already assigned to another G/L account for the company code.
Answer C
Question 30
You notice that in the entry view of a document you have fewer items than in the general ledger
view. What is the reason for this?
A. The sub-ledger accounts are shown in details in the general ledger view.
B. An extension ledger has been configured.
C. Document splitting has been activated.
D. The sales tax is posted in details in the general ledger view.
Answer C
Question 31
Where do you assign the group chart of accounts?
A. Company code
B. Operating chart of accounts
C. Company
D. General ledger account
Answer B
Question 32
You want to prepare a consolidated financial report for your corporate group consisting of 15 legal
entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others
use separate legacy systems. How many companies should you define in your SAP S/4HANA system
to accommodate the consolidation scenario?
A. 01
B. 10
C. 15
D. 05
Answer A
Question 33
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There
are 3 correct answers to this question.
A. Non-operating Expense or Income
B. Balance Sheet Account
C. Primary Costs or Revenue
D. Secondary Costs
E. Cash Account
Answer A C D
Question 34
What is the prerequisite for a G/L account to switch off open item management for it?
A. It has not been posted to.
B. It has a zero balance.
C. It has been blocked against postings.
D. It has no open items.
Answer D
Question 35
Where do you assign the currency type?
A. Accounting principle
B. Valuation area
C. Company
D. Ledger
Answer D
Question 36
On which level do you maintain the currency translation ratio between two currencies?
A. Exchange rate type
B. Currency type
C. Document type
D. Valuation type
Answer A
Question 37
You try to create a G/L account but you get an error because the account number is not in the
accepted range. Which object do you need to customize to extend the number range?
A. Account group
B. Account type
C. Chart of accounts
D. Tolerance group
Answer A
Question 38
What separates the leading ledger from other parallel standard ledgers?
A. It is assigned to all company codes.
B. It is used for performing segment reporting.
C. It is used to represent the group valuation.
D. It doesn't derive values from other ledgers.
Answer A
Question 39
You are posting a general journal entry for your company code. After posting the entry, you notice
the document number is in the wrong number range. After reversing the document, what do you
need to change when reposting the document?
A. Assignment
B. Document number
C. Posting key
D. Document type
Answer D
Question 40
When defining a new standard ledger, which action must you take to manually post a general journal
entry to it?
A. Include the ledger in a ledger group
B. Define the underlying ledger
C. Assign a chart of accounts to the ledger
D. Assign the ledger to a company code
Answer A
Question 41
You want to post a reversal for a document posted in a closed posting period. Which object do you
configure to allow you to enter the reversal with a date different from the original document?
A. Reversal reason
B. Company code
C. Reversal method
D. Document type
Answer A
Question 42
You are trying to extend a G/L account to a new company code but are getting an error for
incomplete data. All customizable fields have been set to option in the field status. Which fields must
you always maintain when extending a G/L account? Note: There are 2 correct answers to this
question.
A. Account currency
B. Account number
C. Field status group
D. Sort key
Answer B C
Question 43
Where can you see the matching results from the Intercompany Matching and Reconciliation tool?
A. In the Consolidation Journal table (ACDOCU)
B. In the Universal Journal table (ACDOCA)
C. In the Accounting Document Segment table (BSEG)
D. In an application specific table (ICADOCM)
Answer D
Question 44
Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3
correct answers to this question.
A. Group account number
B. Short text
C. Alternative account number
D. Field status group
E. Account group
Answer A B E
Question 45
You are implementing the Cockpit for your organization. What are the advantages of defining task
groups? Note: There are 2 correct answers to this question.
A. It allows cross task list monitoring of task status.
B. It allows cross template maintenance.
C. It covers multiple companies with same or similar tasks.
D. It allows cross task list execution of tasks.
Answer B C
Question 46
How does the system determine the relevant accounting principle when performing foreign currency
valuation?
A. Via the valuation type
B. Via the valuation method
C. Via the valuation class
D. Via the valuation area
Answer B
Question 47
What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct
answers to this question.
A. Define the document type for the valuation posting
B. Define the valuation procedure
C. Determine the exchange rate type
D. Determine the G/L accounts for the valuation posting
E. Define the posting and reversal date for the valuation posting
Answer B C D
Question 48
Which items are taken into account during foreign currency valuation? Note: There are 2 correct
answers to this question.
A. Balance valuation on items for balance sheet accounts not defined as open item
management
B. Balance valuation on items for balance sheet accounts defined with ledger group specific
open item management
C. Line item valuation for balance sheet accounts defined as open item management
D. Line item valuation for balance sheet accounts not defined as reconciliation account
Answer BC
Question 49
You notice that the GR/IR account does not have a zero balance. What could be the cause? Note:
There are 2 correct answers to this question.
A. A purchase order has a goods receipt and an invoice receipt with the same quantity and
values.
B. A purchase order has a goods receipt and an invoice receipt with the same quantity but with
different values.
C. A purchase order has a partial goods receipt for which we have not yet received an invoice.
D. A purchase order has a partial invoice receipt but not yet a goods receipt.
Answer B C
Question 50
Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is
wondering whether it could address their needs. For which purposes can ICMR be useful? Note:
There are 2 correct answers to this question.
A. To generate automatic posting to correct intercompany discrepancy
B. To trigger elimination of intercompany revenues & costs based on rules configured
C. To highlight and solve intercompany data discrepancy triggering a workflow
D. To generate automatic elimination of intercompany AR/AP balances
Answer AC
Question 51
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers
to this question.
A. Standard inventory method
B. Continuous inventory method
C. Periodic inventory method
D. Actual inventory method
E. Cycle counting method
Answer B C E
Question 52
You run a financial statement report and notice the net profit calculated is different than what you
expect. What could cause the issue? Note: There are 2 correct answers to this question.
A. You have added an account to the wrong node and it is included in the assets section.
B. You have added an account to the liabilities node that belongs to the financial statement
notes.
C. You have accounts that you have not assigned in the financial statement version.
D. You selected account group assignment by balance for an account and it is displayed as a
liability.
Answer CD
Question 53
As a pre-closing activity, selected suppliers are to confirm their balances. Which confirmation
procedure do you use when a response is expected only in case of discrepancies?
A. Account statement
B. Balance notification
C. Balance request
D. Balance confirmation
Answer D
Question 54
In the standard sales process, when is the COGS posting generated in Financial Accounting?
A. Issue customer invoice
B. Do PGI (Post Goods Issue)
C. Create billing document
D. Create delivery document
Answer B
Question 55
Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this
question.
A. Days in arrears
B. Payment deadline
C. Interest indicator
D. Line item grace period
Answer A D
Question 56
You post an incoming payment from a customer with a residual item for a payment difference. What
are the consequences? Note: There are 2 correct answers to this question.
A. The residual item is written off to a cost account.
B. The residual item becomes a new receivable.
C. Both the original open item and the residual item remain on the account as open items.
D. The original document and the payment are cleared.
Ans BD
Question 57
You define payment methods. Which parameters do you define on the level of the company code?
Note: There are 2 correct answers to this question.
A. Foreign currency allowed
B. Minimum and maximum payment amounts
C. Payment Medium
D. Permitted Currencies
Answer BC
Question 58
Which date must the system determine when you enter an invoice that needs to be paid?
A. Order date
B. Payment date
C. Reference date
D. Baseline date
Answer D
Question 59
Which of the following API types does SAP recommend to use to achieve clean core integrations?
Note: There are 2 correct answers to this question.
A. SOAP
B. OData
C. IDoc
D. RFC
ANSWER BD
Question 60
Which of the following can you use to explore released APIs?
A. SAP Application Interface Framework
B. SAP Business Accelerator Hub
C. SAP Integration Suite
Answer B
Question 61
What are some SAP recommended guiding principles to achieve clean core operations? Note: There
are 3 correct answers to this question.
A. Establish regular housekeeping tasks and procedures.
B. Establish an organizational structure, technical foundation, and transformation methodology
for clean core.
C. Define roles and responsibilities as part of a process transformation office.
D. Establish release management.
E. Integrate clean core practices in the end-to-end value process chain.
Answer A C E
Question 62
Which model can be used for ABAP cloud-native development?
A. The ABAP Cloud Development Model
B. ABAP RESTful Application Programming Model
C. The SAP S/4HANA Cloud Extensibility Model
Answer B
Question 67
On what level can you restrict postings using the posting period variant? Note: There are 2 correct
answers to this question.
A. Customer reconciliation account
B. Fixed asset number
C. G/L account
D. Supplier account
Answer C D
Question 64
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?
A. Individual supplier accounts with special G/L indicator
B. Adjustment G/L account for foreign currency
C. Alternative reconciliation G/L account
D. Supplier reconciliation G/L account
Answer B
Question 65
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct
answers to this question.
A. It is a solution that requires the parallel implementation of SAP Group Reporting Data
Collection.
B. It is a solution that facilitates transaction matching between systems in Central Finance.
C. It is a solution that can be integrated with Group Reporting.
D. It is a solution embedded in the SAP S/4HANA core.
Answer C D
Question 66
How are pages assigned to users on the SAP Fiori Launchpad?
A. Via sections assigned to business roles which are assigned to users
B. Directly to business roles which are assigned to users
C. Via groups assigned to business roles which are assigned to users
D. Via spaces assigned to business roles which are assigned to users
Answer D
Question 67
The SAP Business Network helps customers digitalize cross-company business processes. On which
solutions does the network build? Note: There are 3 correct answers to this question.
A. Contingent Workforce
B. Travel
C. Human Capital Management
D. Procurement
E. Sales
Answer ABD
Question 68
Which component of the Intelligent Enterprise allows customers to discover and deploy vertical
solutions from SAP and partners?
A. Industry Cloud
B. Intelligent Suite
C. Experience Management
D. Business Network
Answer A
Question 69
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this
question.
A. Make Bank Transfers
B. Customer Accounting Document
C. Manage Chart of Accounts
D. Accounts Payable Overview
Answer A C
Question 70
What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to
this question.
A. It provides data management and analytics.
B. It supports customers in understanding their stakeholder's needs.
C. It helps customers to collaborate to build flexible value chains.
D. It supports application development and integration.
Answer A D
Question 71
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There
are 3 correct answers to this question.
A. Maintain the parameters of the dunning program
B. Start the dunning printout
C. Approve the dunning proposal
D. Change the dunning proposal
E. Schedule the dunning run
Answer A C E
Question 72
You need to explain the concept of noted items in SAP S/4HANA. Which characteristics are specific
to noted items? Note: There are 3 correct answers to this question.
A. They can be accessed by the payment program and the dunning program.
B. They are managed as open items on customer and vendor accounts.
C. They generate statistical postings.
D. They generate postings that do not balance.
E. They update the general ledger in Entry View only.
Answer B C D
Question 73
You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the
result of recording this guarantee in SAP S/4HANA?
A. Two statistical line items
B. Two noted items
C. One noted item
D. One statistical line item
Answer D
Question 74
You want to include multiple company codes in a single payment run.What are the prerequisites for
the company codes?
A. They must belong to the same controlling area.
B. They must all belong to the same company.
C. They must be located in the same country.
D. They must have the same configuration for payment transactions.
Answer C
Question 75
You have cleared a customer open item but want to undo this action. What are the available
options? Note: There are 2 correct answers to this question.
A. Repost the clearing document
B. Reverse the clearing document
C. Reset and reverse the clearing document
D. Reset the clearing document
Answer B D
Question 76
The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HANA.
How does it work?
A. The invoice needs to be created in reference to the goods receipt.
B. The purchase order needs to be created in reference to a purchase request.
C. The 3 logistical steps each generate financial documents.
D. The goods receipt needs to be created in reference to the purchase order.
Answer D
Question 77
At which levels can the print program and its variant be assigned to the correspondence type? Note:
There are 2 correct answers to this question.
A. System
B. Company
C. Client
D. Company code
Answer CD
Question 78
You are entering a credit memo in Financial Accounting and are wondering why the entered
payment terms are being ignored. What are the reasons? Note: There are 2 correct answers to this
question.
A. The credit memo was entered in Financial Accounting.
B. The credit memo was created without reference to an invoice.
C. The field "Reference" of the credit memo is blank.
D. The due date determined based on the entered payment terms is in the past.
Answer AB
Question 79
What do you configure for regrouping receivables and payables?
A. Provision Method
B. Calculation Method
C. Valuation Method
D. Sort Method
Answer D
Question 80
What can you control with the reason code in Accounts Receivable? Note: There are 3 correct
answers to this question.
A. The type of payment notice sent to a customer
B. The account where a residual item is posted
C. The document type of the payment
D. The special G/L indicator for the down payment
E. The exclusion of disputed residual items from credit limit checks
Answer BCE
