SAP C_TS4FI_2023 Practice Test - Questions Answers, Page 4
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On which level do you maintain the currency translation ratio between two currencies?
Exchange rate type
Document type
Valuation type
Currency type
What is the prerequisite for a G/L account to switch off open item management for it?
It has been blocked against postings.
It has not been posted to.
It has no open items.
It has a zero balance.
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.
Balance Sheet Account
Secondary Costs
Non-operating Expense or Income
Primary cost or Revenue
Cash account
Where do you assign the currency type?
Company
Accounting principle
Ledger
Valuation area
You notice that the GR/IR account does not have a zero balance. What could be the cause?
Note: There are 2 correct answers to this question.
A purchase order has a goods receipt and an invoice receipt with the same quantity but with different values.
A purchase order has a goods receipt and an invoice receipt with the same quantity and values.
A purchase order has a partial invoice receipt but not yet a goods receipt.
A purchase order has a partial goods receipt for which we have not yet received an invoice.
You run a financial statement report and notice the net profit calculated is different than what you expect. What could cause the issue?
Note: There are 2 correct answers to this question.
You selected account group assignment by balance for an account and it is displayed as a liability.
You have accounts that you have not assigned in the financial statement version.
You have added an account to the liabilities node that belongs to the financial statement notes.
You have added an account to the wrong node and it is included in the assets section.
Where can you see the matching results from the Intercompany Matching and Reconciliation tool?
In the Consolidation Journal table (ACDOCU)
In an application specific table (ICADOCM)
In the Accounting Document Segment table (BSEG)
In the Universal Journal table (ACDOCA)
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.
Actual inventory method
Periodic inventory method
Cycle counting method
Standard inventory method
Continuous inventory method
What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.
Determine the exchange rate type
Define the document type for the valuation posting
Determine the G/L accounts for the valuation posting
Define the posting and reversal date for the valuation posting
Define the valuation procedure
On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.
Fixed asset number
G/L account
Customer reconciliation account
Supplier account
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