SAP C_TS4FI_2021 Quiz 18 Topic 6 Questions 86-90

Question: 1

When is it possible to set the open item management indicator in a general ledger account?

Note: There are 2 correct answers to this questions.

AWhen an a account is set up as a balance sheet account

BWhen an a account has a zero balance

CWhen an a account is set up as a reconciliation account

DWhen an a account is set up as a secondary cost element

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Question: 2

What are the features of the Accrual Engine in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

AAll accrual calculations must be reviewed and approved before posting.

BAccrual postings with a maximum of two line items are supported.

CAll currencies of the general ledger are supported.

DThe fiscal year variant of the general ledger is supported.

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Question: 3

Asset Accounting

'You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger

approach to parallel valuation

Which of the following settings would lead to an error?'

AArea does not post

BArea posts APC immediately, depreciation periodically

CArea posts depreciation only

DArea posts in real time

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Question: 4

General Ledger Accounting

'Which statements best describe a profit center?

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

AIt is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not.

BIt is the only object that can be unifromly derived using segments.

CIt is the only object from which segments can be unifornly derived.

DIt is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment.

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Question: 5

General Ledger Accounting

At what level is the bank master data stores in SAP S/4 HANA?

AAt the system level

BAt the client level

CAt the company code level

DAt the financial management (FM) area level

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SAP C_TS4FI_2021 Quiz:18 Topic:6 Questions:86-90