SAP C_TS4FI_2021 Quiz 4 Topic 10 Questions 16-20

Question: 1

Asset Accounting

'You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping

information based on classifications, useful life, and depreciation terms.

What configuration step would you initiate to maintain these categories in SAP S/4HANA?'

ADefine asset classes and maintain their attributes

BConfigure depreciation keys and calculation keys

CDefine depreciation areas for each category of legacy asset

DDefine a depreciation area to transfer all the legacy data

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Question: 2

Asset Accounting

'Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line Item

basis?

Note: There are 2 correct answers to this question.'

AProfit center

BFixed asset

CCost center

DFunctional area

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Question: 3

Accounts Payable and Accounts Receivable

You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? (3 correct answers)

ARaise the dunning level of an account

BLower the dunning level of an item

CBlock a line item

DBlock an account

EChange a document

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Question: 4

Asset Accounting

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

Note: There are 1 correct answers to this question.

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

BIn the leger approach, you maintain additional depreciation areas to post the delta valuation of each accouting principle, unlike the accounts approach.

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

DIn the ledger approach, you assign a ledger group to every depreciation area, unlike the account approach.

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Question: 5

Financial Closing

After you collected data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?

A1. Present reconciled and non-reconciled data
2. Post the correction documents
3. Store the data
4. Communicate difference

B1. Store the data
2. Present reconciled and non-reconciled data
3. Post the correction documents
4. Communicate difference

C1. Post the correction documents
2. Store the data
3. Present reconciled and non-reconciled data
4. Communicate difference

D1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate difference
4. Post the correction documents

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SAP C_TS4FI_2021 Quiz:4 Topic:10 Questions:16-20