SAP C_TS4FI_2021 Quiz 3 Topic 8 Questions 11-15

Question: 1

Financial Closing

What is the purpose of period interval 3 when you define open and closed periods?

APosting from CO to FI

Bposting to special putpose ledge

CPosting to the extension ledge

DPosting to special periods

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Question: 2

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: 3

Financial Closing

'You want to post journal entries in a special period.

Which conditions must be met?

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

AThe last posting period must be open for posting in the period control.

BThe balance carry-forward to the new fiscal year must have taken control.

CYou must enter a posting date in the last posting period.

DThe special period must be open for posting in the period control.

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Question: 4

'Organizational Assignments and Process Integration '

'You want to define a validation for the combination of general ledger account and cost center.

For which call-up point do you define this validation?'

ADocument header

BDocument line

CComplete document

DCost of sales accounting

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Question: 5

Accounts Payable & Accounts Receivable

'In your system, you currently perform manual outgoing payments and you want to use the automatic payment program.

Which settings must you maintain as part of the configuration of the automatic payment program?

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

APayment terms

BBank determination

CPayment blocks

DPaying company code

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SAP C_TS4FI_2021 Quiz:3 Topic:8 Questions:11-15