C_TS4FI_1511 Papers - Sap Valid Practice Questions SAP Certified Application Associate SAP S/4HANA For Financial Accounting Associates (SAP S/4HANA 1511) Ppt - Omgzlook

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QUESTION NO: 1
True or False: You can define the FSV without assigning a specific chart of accounts to it.
A. False
B. True
Answer: B
Explanation:
You don't need to assign a specific chart of accounts to an FSV; you must assign a chart of accounts for accounts you define on the item level.

QUESTION NO: 2
Which of the following parameters are controlled by the screen layout?
Choose the correct answers.
Response:
A. Field selection
B. Reference
C. Number range
D. Maintenance level
Answer: A,B,D

QUESTION NO: 3
What is the first step in the reconciliation process?
Response:
A. Collect data from different companies
B. Communicate differences
C. Present reconciled and non-reconciled data
Answer: A

QUESTION NO: 4
The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?
Response:
A. 4
B. 5
C. 3
D. 1
Answer: C

QUESTION NO: 5
The cross-company code depreciation area is required in which of the following intercompany transfers?
A. For all intercompany asset transfers
B. For transfers where you also change the asset class
C. For transfers between company codes in different countries
D. For transfers with nonmatching depreciation areas
Answer: D
Explanation:
The cross-company code depreciation area is used exactly for cases where the sender has areas that need to be mapped to areas with different codification on the receiver side. You might need it for transfers that are between counties, but you also might not, as you might need it for the case of the changing asset class.
In questions such as these, you look for the answer that answers the question in all cases.

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Updated: May 28, 2022