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C_TS4FI_1511 PDF DEMO:

QUESTION NO: 1
Which transactions lead to asset capitalization? (There are three correct answers.)
A. Nonvaluated goods receipt
B. Purchase order in Purchasing
C. AuC settlement
D. Valuated goods receipt
E. Intracompany transfer
Answer: C,D,E
Explanation:
An asset is capitalized when processing a valuated goods receipt. The invoice is used for confirmation/adjustment of the amount. In contrast, with a nonvaluated goods receipt, the asset will be capitalized from the invoice entry. When you settle the line items posted to an AuC to the final assets, those are capitalized.
When you post an intracompany asset transfer, the asset is capitalized on the asset value date. The purchase order doesn't capitalize an asset, that happens either on goods receipt (for a valuated goods receipt), or during invoicing.

QUESTION NO: 2
Which data sections are part of every asset class?
There are 2 correct answers to this question.
Response:
A. Valuation area data section
B. Depreciation data section
C. Account determination data section
D. Master data section
Answer: B,D

QUESTION NO: 3
Which of the following assignments can be adjusted for the company code? (There are three correct answers.)
A. Segment
B. Company
C. Fiscal year variant
D. Chart of accounts
E. Leading ledger
Answer: B,C,D
Explanation:
You need to be familiar with the core objects and their assignments. The leading ledger is assigned to all company codes as there is only a single leading ledger per client. The segments are defined on the client level and assigned to profit centers. Yes, profit centers are assigned to company codes so you could argue about this (this is an example of an answer that would probably be rejected in a certification)

QUESTION NO: 4
What is the main differentiating factor of posting a manual accrual document compared to other manual transactions?
A. Document type
B. Reversal reason
C. Transaction type
D. Reference field
Answer: B
Explanation:
The fact that you preemptively assign a reversal reason and the date for reversal in the document header is what makes this posting unique.

QUESTION NO: 5
Which of the following control data is carried by asset classes?
Choose the correct answers.
Response:
A. Account determination
B. Insurance type
C. Number range interval
D. Screen layout
Answer: A,C,D

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Updated: May 28, 2022