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SAP C_TS4FI_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Overview and Deployment of SAP S 4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S 4HANA.
Topic 2	Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.
Topic 3	Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q19-Q24):

NEW QUESTION # 19
You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?

A. One document per accounting principle
B. Separate documents for each and every accounting principle
C. One document for all accounting principles
D. One document per accounting principle & one document for all accounting principles

Answer: C

NEW QUESTION # 20
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 type
B. Chart of accounts
C. Tolerance group
D. Account group

Answer: D

NEW QUESTION # 21
Which of the following objects is only a statistical account assignment for cost postings to an asset?

A. Profit center
B. Internal order
C. WBS element
D. Cost center

Answer: A

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, statistical account assignments are used for reporting and analysis purposes but do not directly receive actual cost postings. Among the options provided, the profit center is the object that serves as a statistical account assignment for cost postings to an asset. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Profit center
* Correct : The profit center is a statistical account assignment in SAP S/4HANA. It is used to track costs and revenues for internal management reporting and profitability analysis but does not receive actual cost postings. When posting costs to an asset, the profit center can be assigned statistically to provide additional reporting dimensions without affecting the actual accounting entries.
* Reference : According to SAP documentation, profit centers are classified as statistical objects because they do not participate in actual cost distribution or settlement processes.
B. Internal order
* Incorrect : An internal order is a real account assignment object that can receive actual cost postings.
Internal orders are used to collect costs for specific projects, activities, or events and can later settle these costs to other cost objects, such as cost centers or assets.
* Reference : Internal orders actively participate in cost distribution and settlement, making them a real (not statistical) account assignment.
C. Cost center
* Incorrect : A cost center is also a real account assignment object that receives actual cost postings.
Cost centers are used to allocate and manage costs within an organization and are directly involved in cost accounting processes.
* Reference : Cost centers are primary cost objects in Controlling (CO) and are not considered statistical account assignments.
D. WBS element
* Incorrect : A Work Breakdown Structure (WBS) element is a real account assignment object used in Project System (PS). WBS elements can receive actual cost postings for project-related expenses and are actively involved in project cost management and settlement processes.
* Reference : WBS elements are real account assignments and are not classified as statistical objects.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains the role of statistical and real account assignments in cost postings to assets.
* SAP Help Portal - Profit Center Accounting : Provides detailed guidance on the use of profit centers as statistical objects for reporting purposes.
* Account Assignment Objects in SAP S/4HANA : Describes the differences between real and statistical account assignments, including profit centers, cost centers, internal orders, and WBS elements.
* Integration of FI-AA and CO : Highlights how profit centers are used for reporting and analysis without receiving actual cost postings.

NEW QUESTION # 22
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting. Which organizational unit do you need to define?

A. Business area
B. Functional area
C. Segment
D. Profit center

Answer: B

Explanation:
For structuring a Profit & Loss (P&L) statement according to cost-of-sales accounting in SAP S/4HANA, it is crucial to define the correct organizational unit. The appropriate unit is:
Functional area: The functional area allows for the categorization of expenses according to their function (e.
g., production, sales, administration). This classification is essential for cost-of-sales accounting as it aligns costs with the corresponding revenue-generating activities, providing a clear view of the profitability of different functions within the organization.
Setting up functional areas ensures that the P&L statement accurately reflects the cost structure and supports detailed financial analysis and decision-making.
References
* [25:25†SAP 4_HANA FICO.pdf]
Organizational Assignments and Process Integration

NEW QUESTION # 23
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. 20 = Controlling area currency
B. 10 = Company code currency
C. 30 = Group currency
D. 00 = Document currency

Answer: B,D

NEW QUESTION # 24
......

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Latest C_TS4FI_2023 Exam Preparation, Valid C_TS4FI_2023 Exam Simulator

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SAP C_TS4FI_2023 Exam Syllabus Topics:

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q19-Q24):

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