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

How do you identify an asset master record as an asset under construction?

AThe asset belongs to a specific asset class

BThe ordinary depreciation start date is empty

CThe depreciation key is empty

DThe asset capitalization date is empty

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Question: 4

Financial Closing

'You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting

principles.

How can you set this up in the system?'

ADefine two valuation methods and assign the ledger groups to the new valuation method.

BDefine two valuation ares and two accounting principles witth relevate links to ledgers.

CDefine two valuation methods and assign the accounting principles to the new valuation methods.

DDefine two valuation ares and two extension ledgers with relevant links to accounting principles.

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Question: 5

General Ledger Accounting

'What are the characteristics of a company in SAP S/4HANA?

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

AIt represents separate areas of operation within an organization.

BIt is considered for consolidation.

CIt can be assigned to a company code.

DIt is responsible for costs and revenues within an organization.

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