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Real SAP C-TS4FI-2023 Exam Question In PDF

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SAP C-TS4FI-2023 Exam Syllabus Topics:

Topic
Details

Topic 1

Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.

Topic 2

Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.

Topic 3

Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q57-Q62):

NEW QUESTION # 57
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A. Posts to G/L in real time
B. Posts APC real time and depreciation periodically
C. Posts to G/L periodically
D. Does not post to G/L

Answer: B

NEW QUESTION # 58
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A. Posts APC real time and depreciation periodically
B. Posts to G/L in real time
C. Posts to G/L periodically
D. Does not post to G/L

Answer: B

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, when using parallel currencies , the system ensures that all financial transactions, including depreciation postings, are updated in real time in the General Ledger (G/L). This is made possible by the Universal Journal (ACDOCA) , which integrates Asset Accounting (FI-AA) and Financial Accounting (FI-GL). Let's analyze each option to determine the correct answer.
Explanation of Each Option:
B. Posts to G/L in real time
* Correct : In SAP S/4HANA, the depreciation area for parallel currencies posts to the G/L in real time.
This is because the Universal Journal ensures that all asset-related postings, including those in parallel currencies, are immediately reflected in the General Ledger. There is no delay or need for periodic updates.
* Reference : According to SAP documentation, the Universal Journal integrates FI-AA and FI-GL, ensuring that all postings, including those for parallel currencies, occur in real time.
A. Does not post to G/L
* Incorrect : This option suggests that the depreciation area for parallel currencies does not update the G
/L. However, in SAP S/4HANA, all depreciation areas, including those for parallel currencies, must post to the G/L to ensure accurate financial reporting.
* Reference : The Universal Journal mandates real-time posting for all financial transactions, eliminating the possibility of non-posting scenarios.
C. Posts APC real time and depreciation periodically
* Incorrect : This option describes a scenario from older SAP systems (e.g., SAP ECC) where periodic batch jobs were required to update depreciation postings. However, in SAP S/4HANA, both Acquisition and Production Costs (APC) and depreciation are posted to the G/L in real time due to the Universal Journal.
* Reference : SAP S/4HANA's real-time architecture ensures that all asset-related postings, including APC and depreciation, are updated instantly.
D. Posts to G/L periodically
* Incorrect : This option assumes that periodic batch processing is required to update the G/L for parallel currency depreciation. In SAP S/4HANA, all postings, including those for parallel currencies, occur in real time. Periodic processing is no longer necessary due to the Universal Journal.
* Reference : The Universal Journal eliminates the need for periodic batch jobs by ensuring real-time integration between FI-AA and FI-GL.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains how parallel currencies are handled in depreciation areas and their integration with the Universal Journal.
* SAP Help Portal - Universal Journal (ACDOCA) : Provides detailed guidance on how the Universal Journal ensures real-time updates across FI-AA and FI-GL.
* Depreciation Processes in SAP S/4HANA : Highlights the real-time nature of depreciation postings, including those for parallel currencies.
* Integration of FI-AA and FI-GL : Describes how the Universal Journal eliminates the need for periodic batch processing in SAP S/4HANA.

NEW QUESTION # 59
What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A. It must be defined as a cost accounting valuation area type.
B. It must always post in real time.
C. It must be linked to leading ledger OL.
D. It cannot take over values from other areas.

Answer: B,C

Explanation:
* Link to Leading Ledger OL:
* Depreciation area 01 is linked to the leading ledger OL. This linkage ensures that the primary depreciation calculations align with the organization's primary accounting standards, ensuring consistency across financial reporting. This connection is established in the SAP system configuration, ensuring that all relevant asset transactions are automatically integrated into the leading ledger.
* Real-Time Posting:
* Depreciation area 01 must post in real-time, meaning that any transactions affecting asset values, such as acquisitions, retirements, or depreciation runs, are immediately reflected in the general ledger. This real-time integration is crucial for maintaining accurate and up-to-date financial records, providing a true picture of the organization's financial position at any given moment.
References
*

NEW QUESTION # 60
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 in real time and in FI-GL once the periodic posting program has run.
B. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.
C. Posting is done in FI-AA and in FI-GL online and in real time.
D. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.

Answer: C

NEW QUESTION # 61
The SAP Business Network helps customers digitalize cross-company business processes. On which solutions does the network build?
Note: There are 3 correct answe-rs to this que-stion.

A. Contingent Workforce
B. Human Capital Management
C. Travel
D. Sales
E. Procurement

Answer: A,C,E

NEW QUESTION # 62
......

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