SAP C_TS4FI_2023 Practice Exams
Last updated on Apr 09,2025- Exam Code: C_TS4FI_2023
- Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
- Certification Provider: SAP
- Latest update: Apr 09,2025
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
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
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
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
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
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
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?
- A . Document splitting
- B . Profit centers
- C . Segments
- D . Business areas
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.
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.
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.