QUIZ SAP - C-TS4FI-2023 - SAP CERTIFIED ASSOCIATE - SAP S/4HANA CLOUD PRIVATE EDITION, FINANCIAL ACCOUNTING PASS-SURE LATEST TEST QUESTIONS

Quiz SAP - C-TS4FI-2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Pass-Sure Latest Test Questions

Quiz SAP - C-TS4FI-2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Pass-Sure Latest Test Questions

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Tags: Latest C-TS4FI-2023 Test Questions, C-TS4FI-2023 Valid Test Test, C-TS4FI-2023 Reliable Exam Testking, Sample C-TS4FI-2023 Questions Answers, Valid C-TS4FI-2023 Exam Topics

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SAP C-TS4FI-2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.
Topic 2
  • General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 3
  • Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.
Topic 4
  • Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.

>> Latest C-TS4FI-2023 Test Questions <<

100% Pass Quiz SAP - C-TS4FI-2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting –Professional Latest Test Questions

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q15-Q20):

NEW QUESTION # 15
What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

  • A. Establish an organizational structure, technical foundation, and transformation methodology for clean core.
  • B. Establish release management.
  • C. Establish regular housekeeping tasks and procedures.
  • D. Integrate clean core practices in the end-to-end value process chain.
  • E. Define roles and responsibilities as part of a process transformation office.

Answer: A,C,D

Explanation:
In SAP S/4HANA, achieving a clean core is essential to ensure that the system remains standardized, efficient, and adaptable to future innovations. A clean core minimizes customizations, reduces technical debt, and ensures that the system aligns with SAP best practices. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Establish regular housekeeping tasks and procedures.
* Correct : Regular housekeeping tasks are critical to maintaining a clean core. These tasks include archiving old data, monitoring system performance, removing unused customizations, and ensuring that configurations remain aligned with SAP best practices. Housekeeping helps prevent clutter and inefficiencies in the system.
* Reference : According to SAP documentation, regular housekeeping is a key principle for maintaining a clean core by keeping the system lean and optimized.
B. Establish an organizational structure, technical foundation, and transformation methodology for clean core.
* Correct : To achieve a clean core, organizations must establish a robust organizational structure , a solid technical foundation , and a clear transformation methodology . This includes defining roles, responsibilities, and governance processes to ensure alignment with SAP best practices and minimize unnecessary customizations.
* Reference : SAP emphasizes the importance of a structured approach to clean core operations, including governance and technical readiness.
C. Define roles and responsibilities as part of a process transformation office.
* Incorrect : While defining roles and responsibilities is important for organizational efficiency, it is not specifically highlighted as a guiding principle for achieving a clean core. Instead, this activity is part of broader organizational change management and does not directly address clean core practices.
* Reference : Roles and responsibilities are more relevant to change management than to the specific principles of clean core operations.
D. Establish release management.
* Incorrect : While release management is important for managing system updates and upgrades, it is not explicitly listed as a guiding principle for achieving a clean core. Release management focuses on version control and deployment processes rather than minimizing customizations or adhering to SAP best practices.
* Reference : Release management is a technical practice but is not directly tied to clean core principles.
E. Integrate clean core practices in the end-to-end value process chain.
* Correct : Integrating clean core practices into the end-to-end value process chain ensures that business processes remain aligned with SAP best practices. This involves designing processes that leverage standard SAP functionality while avoiding unnecessary customizations, thereby maintaining a clean core.
* Reference : SAP documentation highlights the importance of embedding clean core principles across all business processes to ensure standardization and adaptability.
Key References to SAP Documentation:
* SAP S/4HANA Clean Core Principles : Explains the importance of minimizing customizations and adhering to SAP best practices to maintain a clean core.
* SAP Help Portal - Clean Core Strategy : Provides detailed guidance on implementing clean core practices, including housekeeping, organizational alignment, and process integration.
* Transformation Methodology for SAP S/4HANA : Describes how to establish a technical foundation and methodology for clean core operations.
* End-to-End Process Integration : Highlights the role of clean core practices in optimizing business processes across the value chain.


NEW QUESTION # 16
What are characteristics of depreciation area 01? Note: There are 2 correct answe-rs to this que-stion.

  • A. It cannot take over values from other areas.
  • B. It must be linked to leading ledger OL.
  • C. It must be defined as a cost accounting valuation area type.
  • D. It must always post in real time.

Answer: A,D


NEW QUESTION # 17
What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

  • A. It provides data management and analytics.
  • B. It supports application development and integration.
  • C. It supports customers in understanding their stakeholder's needs.
  • D. It helps customers to collaborate to build flexible value chains.

Answer: B,D

Explanation:
The SAP Business Technology Platform (BTP) is a unified platform that provides tools, services, and technologies to help businesses innovate, integrate, and extend their SAP and non-SAP solutions. It enables organizations to build, extend, and integrate applications while leveraging data management, analytics, and collaboration capabilities. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
C. It helps customers to collaborate to build flexible value chains.
* Correct : One of the key features of SAP BTP is enabling collaboration across business networks and ecosystems. By integrating processes and data across partners, suppliers, and customers, SAP BTP helps organizations build flexible value chains that can adapt to changing market demands. This includes tools for supply chain visibility, partner collaboration, and process automation.
* Reference : According to SAP documentation, SAP BTP supports collaboration by connecting stakeholders and enabling seamless data exchange, which enhances supply chain resilience and flexibility.
D. It supports application development and integration.
* Correct : SAP BTP provides robust tools for application development and integration . Developers can use low-code/no-code tools, APIs, and pre-built connectors to create custom applications or integrate existing systems. The platform also supports microservices architecture, enabling modular and scalable application development.
* Reference : SAP emphasizes that SAP BTP is designed to accelerate innovation by providing a comprehensive environment for developing, extending, and integrating applications across hybrid landscapes.
A. It provides data management and analytics.
* Incorrect : While SAP BTP does offer data management and analytics capabilities (e.g., through SAP Data Warehouse Cloud, SAP Analytics Cloud, etc.), this is not one of the primary features highlighted in the context of this question. The focus here is on collaboration and application development/integration rather than analytics.
* Reference : Data management and analytics are part of SAP BTP but are secondary to its core functionalities of collaboration and integration.
B. It supports customers in understanding their stakeholder's needs.
* Incorrect : Although SAP BTP enables collaboration and data-driven insights, it does not directly focus on helping customers "understand their stakeholder's needs." This is more aligned with business strategy or customer relationship management (CRM) tools rather than the technical capabilities of SAP BTP.
* Reference : SAP BTP is primarily a technology platform focused on integration, development, and collaboration, not on stakeholder analysis or customer needs assessment.
Key References to SAP Documentation:
* SAP Business Technology Platform Overview : Explains the core features of SAP BTP, including collaboration, application development, and integration.
* SAP Help Portal - SAP BTP Capabilities : Provides detailed guidance on how SAP BTP supports flexible value chains and application development.
* Integration and Extensibility with SAP BTP : Highlights the platform's role in enabling seamless integration across hybrid landscapes and extending SAP solutions.
* Collaboration Tools in SAP BTP : Describes how SAP BTP facilitates collaboration across business networks and ecosystems.


NEW QUESTION # 18
At which levels can the print program and its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

  • A. System
  • B. Company code
  • C. Company
  • D. Client

Answer: A,D


NEW QUESTION # 19
You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your SAP S/4HANA system in a single client. The others use separate legacy systems.
How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: A


NEW QUESTION # 20
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