SAP C_TS4FI_2023 Actual Free Exam Questions & Community Discussion

Exam Code/Number: C_TS4FI_2023
Exam Name/Title: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
Certification Provider: SAP
Corresponding Certification: SAP Certified Associate

Exam Questions: 92
Updated On: Sep 08, 2026

Question #1

You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the result of recording this guarantee in SAP S/4HANA?

A. Two noted items

B. One noted item

C. One statistical line item

D. Two statistical line items

Discussion 0

Correct Answer: D Vote an answer

Question #2

What are some SAP recommended guiding principles to achieve clean core operations?
Note: There are 3 correct answers to this question.

A. Establish an organizational structure, technical foundation, and transformation methodology for clean core.

B. Integrate clean core practices in the end-to-end value process chain.

C. Define roles and responsibilities as part of a process transformation office.

D. Establish release management.

E. Establish regular housekeeping tasks and procedures.

Discussion 0

Correct Answer: B,C,E Vote an answer

Question #3

What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

A. The exclusion of disputed residual items from credit limit checks

B. The account where a residual item is posted

C. The special G/L indicator for the down payment

D. The type of payment notice sent to a customer

E. The document type of the payment

Discussion 0

Correct Answer: A,B,D Vote an answer

Question #4

Which of the following currency types can be defined for a specific ledger?
Note: There are 3 correct answers to this question.

A. 10 Company code currency

B. 30 Group currency

C. 40 Hard currency

D. 60 Global company currency

E. 00 = Document currency

Discussion 0

Correct Answer: A,B,E Vote an answer

Question #5

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 trigger elimination of intercompany revenues & costs based on rules configured

B. To generate automatic posting to correct intercompany discrepancy

C. To generate automatic elimination of intercompany AR/AP balances

D. To highlight and solve intercompany data discrepancy triggering a workflow

Discussion 0

Correct Answer: B,D Vote an answer

Question #6

You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisites must be met?
Note: There are 2 correct answers to this question.

A. The account is defined as open item managed.

B. The account is defined in the account determination for each asset class.

C. The account is a balance sheet account.

D. The account is defined as a reconciliation account for fixed assets.

Discussion 0

Correct Answer: C,D Vote an answer

Question #7

You want to make the Reference Document Number field required for entry. Which object controls this setting?
Please choose the correct answer.

A. Document posting key

B. Document reference key

C. Document type

D. Document field status

Discussion 0

Correct Answer: C Vote an answer

Question #8

You want to implement purchase order accruals in SAP S/4HANA. Which of the following use cases are relevant?
Note: There are 2 correct answers to this question.

A. Purchase of services

B. Purchase of fixed assets (using direct capitalization method)

C. Purchase of consumable materials

D. Purchase of raw materials for inventory

Discussion 0

Correct Answer: A,C Vote an answer

Question #9

You have cleared a customer open item but want to undo this action. What are the available options?
Note: There are 2 correct answers to this question.

A. Reset and reverse the clearing document

B. Repost the clearing document

C. Reset the clearing document

D. Reverse the clearing document

Discussion 0

Correct Answer: A,C Vote an answer

Question #10

You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes?
Note: There are 2 correct answers to this question.

A. Posting period variant

B. Fiscal year variant

C. Source currency for group currency

D. Operating chart of accounts

Discussion 0

Correct Answer: B,D Vote an answer

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