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SAP C_TS4FI_2020 Exam (page: 7)
SAP Certified Application Associate - S/4HANA for Financial Accounting Associates ( S/4HANA 2020)
Updated on: 25-Dec-2025

Viewing Page 7 of 59
C_TS4FI_2020 PDF 284 Questions

Which statements best describe a profit center?
Choose the 2 correct answers.

  1. It is the only object from which segments can be uniformlyderived.
  2. It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
  3. It is the only object that can be uniformly derived using segments.
  4. It is an element for which separate balance sheet and P&L statements can be created.

Answer(s): A,D



Which information is checked by the system beforea general ledger account k archived?

  1. The Open item Management indicator is set in master data
  2. The Mark for Deletion indicator is set in master data
  3. The Blocked for Posting indicator is set in master data.
  4. The assigned group account is alreadyarchived.

Answer(s): B



Which statement best describes the normal reversalsfunctionality?

  1. Executes the inverse posting by increasing the transaction figures.
  2. Executes the inverse posting of a cleared document before resetting it.
  3. Executes an inverse posting by resetting the transaction figures.
  4. Executes a transfer posting by resetting the transaction figures.

Answer(s): A



On what basis does the system determine the period for the asset retirement?
Choose the correct answer.

  1. Net book value
  2. Asset value date (asset retirement date)

Answer(s): B



What is the maximum dunning level that can be assigned to a dunning procedure?
Choose the correct answer.

  1. 11
  2. 9
  3. 7
  4. 1

Answer(s): B



Viewing Page 7 of 59



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Jagdesh 9/8/2023 8:17:00 AM

thank you for providing these questions and answers. they helped me pass my exam. you guys are great.
CANADA