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C_TS4FI_2021 Exam Description – SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
The “SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)” certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: “SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Financials experts”. The certificate issued for passing this exam will be valid for 5 years.
Exam Information
Exam Code: C_TS4FI_2021
Exam Name: SAP Certified Application Associate – SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
Exam: 80 questions
Cut Score: 63%
Duration:180 mins
Languages: English, Japanese, Chinese
Topic Areas
Financial Closing > 12%
General Ledger Accounting > 12%
Accounts Payable & Accounts Receivable > 12%
Asset Accounting > 12%
Organizational Assignments and Process Integration > 12%
Overview and Deployment of SAP S/4HANA < 8%
View Online SAP S/4HANA for Financial Accounting Associates C_TS4FI_2021 Free Questions
Which field can you change on a posted invoice?
A.Tax code
B.Cost center
C.Payment terms
D.Special GL indicator
Answer : C
What are the maintenance levels of a screen layout rule for asset master data? Note:There are 3 correct answers to this question
A.Main asset number
B.Asset sub number
C.Group asset
D.Depreciation area
E.Asset class
Answer : A, B, E
Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question.
A.Standard account assignment using constants
B.Configuration of the derivation logic with derivation sequence and steps
C.BAdl implementation (FAGL_DERIVE_SEGMENT)
D.Definition of validation rules
Answer : B, C
What is the purpose of the chart of depreciation?
A.The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
B.The chart of depreciation defines the asset classes for which you can create fixed assets
C.The chart of depreciation manages country-specific legal valuation of fixed assets
D.The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
Answer : C
You are configuring asset-related postings of depreciation areas in Asset Accounting. Which of the following settings is “NOT” permitted?
A.Area does not post
B.Area posts depreciation only
C.Area posts in real time
D.Area posts revaluation only
Answer : D
Which of the following is a technical year-end closing activity in SAP S/4HANA?
A.Profit center carry-forward must be posted.
B.Foreign currency valuation must be posted.
C.Balance sheet adjustments must be posted.
D.Ledger balances must be carried forward
Answer : A
