TS4FI TEST 1

You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? Note: There are 2 correct answers to this question

• Prerequisite
• Check
• Message
• Replacement

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

• Posting to special purpose ledger
• Posting from CO to FI
• Posting to special periods
• Authorization control for posting periods

You want to edit a dunning proposal. Which actions can you perform? Note: There are 3 correct answers to this question.

• Change a document
• Block a line item
• Change the dunning data of an account
• Lower the dunning level of an item
• Block an account

For which special G L indicator do you specify a target special GL indicator?

• Customer down payment
• Bill of exchange
• Vendor down payment request
• Guarantee given

What are some of the benefits of the data handling in SAP S/4HANA? Note: There are 2 correct answers to this question

• The data is summarized into higher levels of aggregates to help system performance.
• The data is analysed after it is extracted and loaded in the reporting system.
• The data is available in real time at line item detail.
• The data is aggregated on the fly from any line item table.

What dunning-related data do you maintain on the business partner master record? Note: There are 2 correct answers to this question

• Dunning Area
• Dunning interval
• Dunning key
• Dunning Block

You are asked to explain how assets under construction work in SAP S/4HANA. What should you highlight? Note: There are 2 correct answers to this question.

• It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
• It is impossible to use assets under construct on with Investment Management.
• It is possible to post special tax depreciation and investment support for assets under construction.
• It is possible to post credit memos, even after assets under construction are fully capitalized.

You have been asked to set up house banks as part of the implementation. What information do you need? Note: There are 3 correct answers to this question.

• General ledger account
• Company code
• Supplier account
• Payment method
• Bank master data

Which of the following statements best describe a noted item? Note: There are 2 correct answers to this question.

• It can be used to remind the user about due payments.
• It has an automatic statistical offsetting entry.
• It can be accessed by the payment program.
• It updates the sub ledger and the general ledger.

Which prerequisites must be fulfilled to allow for negative postings of journal entries? Note: There are 2 correct answers to this question

• The posting key must allow negative postings.
• The company code must allow negative postings
• The reversal reason must be configured to allow negative postings
• The reversal accounts must be configured to allow negative postings