SAP C-TS4FI-2020 Actual Free Exam Questions & Community Discussion

Exam Code/Number: C-TS4FI-2020
Exam Name/Title: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Certification Provider: SAP
Corresponding Certification: SAP Certified Application Associate

Exam Questions: 82
Updated On: May 27, 2026

Question #28

Which of the following statements best describe how customer down payments are integrated with Sales & Distribution (SD)?

A. A down payment request is created as an SD billing document, which is automatically posted in Fl as a noted item

B. A down payment request is created as an SD sales order, which is automatically posted in Fl as a noted item.

C. A down payment request is created as an Fl noted item, which automatically generates an SD billing document.

D. A down payment request is created as an Fl noted item, which automatically generates an SD sales order

Discussion 0

Correct Answer: A Vote an answer

Question #29

What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

A. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach

B. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach

C. In the accounts approach, you assign a separate set of accounts for each accounting principle , unlike the ledger approach.

D. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.

Discussion 0

Correct Answer: C Vote an answer

Question #30

In your SAP S/4HANA system, you report financial values for three separate accounting principles.You post an acquisition for an asset that is capitalized in a single accounting principle.
If you use the application to post integrated asset acquisitions, how many documents will the system post?

A. 2

B. 4

C. 3

D. 1

Discussion 0

Correct Answer: C Vote an answer

Question #31

Which of the following steps do you typically perform for a payment run with the automatic payment program? Note:There are 2 correct answers to this question.

A. Maintain open item select on parameters

B. Review the payment proposal exception list.

C. Rank bank accounts for payment.

D. Define maximum amounts to be paid per supplier

Discussion 0

Correct Answer: A,B Vote an answer

Question #32

Which prerequisites must be fulfilled to allow for negative postings of journal entries? Note:There are 2 correct answers to this question.

A. The company code must allow negative postings.

B. The reversal accounts must be configured to allow negative postings.

C. The posting key must allow negative postings.

D. The reversal reason must be configured to allow negative postings.

Discussion 0

Correct Answer: A,D Vote an answer

Question #33

What is the recommended organizational unit for cost of sales accounting

A. Controlling area

B. Business area

C. Sales area

D. Functional area

Discussion 0

Correct Answer: D Vote an answer

Question #34

What does the document type control?
Note: There are 2 correct answers to this question.

A. Which posting keys are allowed for postings

B. Which account types are allowed for postings

C. Whether negative postings are permitted

D. Whether exchange rate differences are permitted

Discussion 0

Correct Answer: B,C Vote an answer

Question #35

You are responsible for configuring document splitting. What are some of the key settings? Note: There are 2 correct answers to this question.

A. Field status variant

B. Business transaction variant

C. Document type

D. Document number range

Discussion 0

Correct Answer: B,C Vote an answer

Question #36

Which statements best describe a profit center? Note: There are 2 correct answers to this question

A. It is an element for which separate balance sheet and P&L statements can be created

B. It must be used simultaneously with segments to create separate balance sheet and P&L statements.

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

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

Discussion 0

Correct Answer: A,D Vote an answer

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