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C_TS4FI_2023 Practice Questions

Question # 1
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


D. Functional area

Explanation:

For structuring a Profit & Loss (P&L) statement according to cost-of-sales accounting in SAP S/4HANA, it is crucial to define the correct organizational unit. The appropriate unit is:

Functional area: The functional area allows for the categorization of expenses according to their function (e.g., production, sales, administration). This classification is essential forcost-of-sales accounting as it aligns costs with the corresponding revenue-generating activities, providing a clear view of the profitability of different functions within the organization.

Setting up functional areas ensures that the P&L statement accurately reflects the cost structure and supports detailed financial analysis and decision-making.

References

[25:25†SAP 4_HANA FICO.pdf]
Organizational Assignments and Process Integration

Question # 2
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.


C. You assign a real internal order in the asset master data which you settle periodically to two cost centers.

Explanation:

Assigning Real Internal Order:

Periodic Settlement to Cost Centers:


Question # 3
At which level do you define functional areas?
A. Controlling area
B. Client
C. Financial statement version
D. Company code


B. Client


Question # 4
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


A. Via sections assigned to business roles which are assigned to users

Explanation:

Overview and Deployment of SAP S/4HANA

Question # 5
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


A. Reversal reason


Question # 6
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.<br>
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.


A. The account is a balance sheet account.


D. The account is defined as a reconciliation account for fixed assets.


Question # 7
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


B. Reverse the clearing document

C. Reset and reverse the clearing document


Question # 8
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


B. Internal order

Explanation:

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SAP C_TS4FI_2023 Exam Dumps

Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
Certification Name: SAP Certified Associate

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