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The SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (C_TS4FI_2021) certification exam is designed to test the knowledge and skills of professionals who are responsible for implementing and configuring financial accounting with SAP S/4HANA. The exam is intended for individuals who have a solid understanding of financial accounting principles and processes as well as experience with SAP S/4HANA.
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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Sample Questions (Q45-Q50):
NEW QUESTION # 45
You want to post journal entries in a special period.
Which conditions must be met?
Note: There are 2 correct answers to this questions.
- A. The balance carry-forward to the new fiscal year must have happened
- B. The special period must be open for posting in the period control
- C. You must enter a posting date in the last posting period
- D. The last posting period must be open for posting in the period control
Answer: B,C
NEW QUESTION # 46
Asset Accounting
"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?"
- A. Remove the main asset indicator
- B. Remove the asset class indicator
- C. Remove the reference indicator
- D. Remove the subnumber indicator
Answer: C
NEW QUESTION # 47
How does the system perform the normal reversal of a journal entry?
- A. It creates an inverse posting by increasing the transaction figures.
- B. It creates an inverse posting by decreasing the transaction figures.
- C. It creates an inverse posting by resenting the transaction figures.
- D. It creates an inverse posting by resenting the transaction figures for cleared documents.
Answer: A
NEW QUESTION # 48
General Ledger Accounting
"Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question"
- A. The reversal acccount must be configured to allow nagative postings.
- B. The reversal reason must be configured to allow nagative postings.
- C. The posting key must allow nagative postings.
- D. The company code must allow negative postings.
Answer: B,D
NEW QUESTION # 49
Financial Closing
What is the purpose of period interval 3 when you define open and closed periods?
- A. Posting from CO to FI
- B. Posting to the extension ledge
- C. posting to special putpose ledge
- D. Posting to special periods
Answer: A
NEW QUESTION # 50
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