C_TS4FI_2023 RELIABLE EXAM SIMS | SIMULATED C_TS4FI_2023 TEST

C_TS4FI_2023 Reliable Exam Sims | Simulated C_TS4FI_2023 Test

C_TS4FI_2023 Reliable Exam Sims | Simulated C_TS4FI_2023 Test

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q58-Q63):

NEW QUESTION # 58
You notice that the GR/IR account does not have a zero balance. What could be the cause?
Note: There are 2 correct answe-rs to this que-stion.

  • A. A purchase order has a goods receipt and an invoice receipt with the same quantity and values.
  • B. A purchase order has a goods receipt and an invoice receipt with the same quantity but with different values.
  • C. A purchase order has a partial goods receipt for which we have not yet received an invoice.
  • D. A purchase order has a partial invoice receipt but not yet a goods receipt.

Answer: C,D


NEW QUESTION # 59
You are implementing the Cockpit for your organization. What are the advantages of defining task groups?
Note: There are 2 correct answe-rs to this que-stion.

  • A. It allows cross task list execution of tasks.
  • B. It allows cross task list monitoring of task status.
  • C. It covers multiple companies with same or similar tasks.
  • D. It allows cross template maintenance.

Answer: C,D


NEW QUESTION # 60
What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?

  • A. Posting the summary write off in G/L
  • B. Posting of take over values
  • C. Setting the company code status for legacy data transfer
  • D. Creation of master data

Answer: B

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, the legacy data transfer process in Asset Accounting is used to migrate asset-related data from legacy systems into SAP. Transaction AS91 specifically supports the posting of takeover values for assets during the legacy data transfer process. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
D. Posting of take over values
* Correct : Transaction AS91 is designed to post the takeover values of assets during the legacy data transfer. These takeover values represent the initial acquisition and production costs (APC), accumulated depreciation, and other financial information for assets as of a specific key date (e.g., the go-live date). This ensures that the asset balances from the legacy system are accurately transferred to SAP.
* Reference : According to SAP documentation, AS91 is used to post takeover values for assets during the legacy data transfer process, ensuring continuity in financial reporting.
A. Setting the company code status for legacy data transfer
* Incorrect : Setting the company code status for legacy data transfer is typically done using transaction OAYR or similar configuration steps, not via AS91. AS91 focuses on posting takeover values, not configuring the company code status.
* Reference : The company code status for legacy data transfer is part of the preparation phase and is managed separately from the actual posting of takeover values.
B. Creation of master data
* Incorrect : While asset master data must be created before posting takeover values, this is typically done using transactions like AS01 or through batch uploads. AS91 does not create asset master data; it only posts the financial values for existing assets.
* Reference : Master data creation is a prerequisite for AS91 but is not performed within the transaction itself.
C. Posting the summary write off in G/L
* Incorrect : Posting a summary write-off in the General Ledger (G/L) is unrelated to the legacy data transfer process in Asset Accounting. AS91 focuses on transferring asset-specific financial data, not writing off balances in the G/L.
* Reference : Summary write-offs are typically handled in Financial Accounting (FI) or Controlling (CO) processes, not during asset legacy data transfer.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains the legacy data transfer process and the role of transaction AS91 in posting takeover values.
* SAP Help Portal - Legacy Data Transfer in FI-AA : Provides detailed guidance on using AS91 for posting takeover values during the migration process.
* Asset Accounting Migration Cockpit : Describes the end-to-end process for migrating asset data, including the use of AS91 for financial postings.
* Integration of FI-AA and FI-GL : Highlights how takeover values are posted to ensure accurate integration between Asset Accounting and General Ledger.


NEW QUESTION # 61
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answe-rs to this que-stion.

  • A. It is a solution embedded in the SAP S/4HANA core.
  • B. It is a solution that can be integrated with Group Reporting.
  • C. It is a solution that facilitates transaction matching between systems in Central Finance.
  • D. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.

Answer: B,C


NEW QUESTION # 62
You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored. What are the reasons?
Note: There are 2 correct answe-rs to this que-stion.

  • A. The credit memo was created without reference to an invoice.
  • B. The due date determined based on the entered payment terms is in the past.
  • C. The field "Reference" of the credit memo is blank.
  • D. The credit memo was entered in Financial Accounting.

Answer: A,B


NEW QUESTION # 63
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