Free C_TS4FI_2021 – SAP Certified Application AssociateSAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Practice Test Question

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  Company code

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  BP role

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  BP type

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  BP category

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  It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

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  It is the only object from which segments can be uniformly derived.

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  It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

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  It is the only object that can be uniformly derived using segments.

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  Posting date

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  Document date

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  Value date

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  Entry date

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  Goods receipt date

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  Multiple extension ledgers can point to the same underlying ledger

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  Extension ledgers can be assigned their own fiscal year variant

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  Extension ledgers can be assigned their own posting period variant

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  Extension ledgers can have different currencies than the underlying ledger

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  The data is aggregated in real time from any line item table.

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  The data is constantly auto-archived to optimize memory usage.

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  The data is available in real time at line item detail.

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  The data is summarized into higher levels of aggregates to accelerate system performance.

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  Dunning grouping

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  Dunning Key

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  Dunning block reason

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  Dunning area

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  Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle

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  Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle

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  Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions

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  Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area

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  A dowm payment request is created as an SD sales order, which is automatically posted in FI as a noted item.

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  A dowm payment request is created as a SD billing document, which is automatically posted in FI as a noted item.

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  A dowm payment request is created as an FI noted item, which automatically generates an SD billing document.

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  A dowm payment request is created as an FI noted item, which automatically generates an SD sales order.

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  Enter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done

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  Enter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done

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  Create a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year

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  Create a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year

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  Functional area

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  Segment

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  Business area

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  Profitability segment