Valid C-TS4FI-2023 Test Practice - C-TS4FI-2023 Intereactive Testing Engine

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SAP C-TS4FI-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 2	Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.
Topic 3	Overview and Deployment of SAP S 4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S 4HANA.
Topic 4	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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q62-Q67):

NEW QUESTION # 62
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. Travel
B. Human Capital Management
C. Sales
D. Procurement
E. Contingent Workforce

Answer: C,D,E

NEW QUESTION # 63
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting. Which organizational unit do you need to define?

A. Business area
B. Segment
C. Functional area
D. Profit center

Answer: C

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 for cost-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

NEW QUESTION # 64
What does the fiscal year variant define?
Note: There are 2 correct answe-rs to this que-stion.

A. The authorization to post to special periods
B. The posting periods open for posting
C. The start and end date of posting periods
D. The number of posting periods

Answer: C,D

NEW QUESTION # 65
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. Change the dunning proposal
B. Approve the dunning proposal
C. Start the dunning printout
D. Maintain the parameters of the dunning program
E. Schedule the dunning run

Answer: B,D,E

NEW QUESTION # 66
How does the system determine the relevant accounting principle when performing foreign currency valuation?

A. Via the valuation type
B. Via the valuation area
C. Via the valuation method
D. Via the valuation class

Answer: B

NEW QUESTION # 67
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