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 #19

Which field can you change on a posted invoice?

A. Special GL indicator

B. Cost center

C. Payment terms

D. Tax code

Discussion 0

Correct Answer: C Vote an answer

Question #20

You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Which setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copied over when you create a new asset via copy?

A. Remove the reference indicator

B. Remove the main asset indicator

C. Remove the asset class indicator

D. Remove the sub number indicator

Discussion 0

Correct Answer: A Vote an answer

Question #21

What does the document splitting functionality do?

A. It enriches all revenue account lines with the defined splitting characteristics

B. It enriches all secondary cost element account lines with the defined splitting characteristics

C. It enriches all profit and loss account lines with the defined splitting characteristics

D. It enriches all relevant balance sheet account lines with the defined splitting characteristics

Discussion 0

Correct Answer: D Vote an answer

Question #22

Which date is used to determine the depreciation start date?

A. Posting date

B. Document date

C. Value date

D. System date

Discussion 0

Correct Answer: C Vote an answer

Question #23

When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.

A. When an account is set up as a cost element

B. When an account is required for clearing

C. When an account has a zero balance

D. When an account is used as a reconciliation account

Discussion 0

Correct Answer: B,C Vote an answer

Question #24

Which statements best describe extension ledgers in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. Multiple extension ledgers can point to the same underlying ledger.

B. Extension ledgers can be assigned their own fiscal year variant.

C. Extension ledgers can be assigned their own posting period variant

D. Extension ledgers can have different currencies than the underlying ledger.

Discussion 0

Correct Answer: A,C Vote an answer

Question #25

Which of the following is a technical year-end closing activity in SAP S/4HANA?

A. Foreign currency valuation must be posted.

B. Profit center carry-forward must be posted.

C. Ledger balances must be carried forward

D. Balance sheet adjustments must be posted.

Discussion 0

Correct Answer: B Vote an answer

Question #26

What items are NOT cleared by the automatic clearing program? Note: There are 3 correct answers to this question

A. Statistical postings

B. Items with sales and use tax

C. Noted items

D. Items with value-added tax

E. Items with withholding tax

Discussion 0

Correct Answer: A,C Vote an answer

Question #27

Which elements define the integration of asset acquisitions with the general ledger? Note:There are 2 correct answers to this question

A. Valuation area

B. Depreciation area

C. Asset class

D. Depreciation keys

Discussion 0

Correct Answer: B,C Vote an answer

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