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SAP C-TS4FI-2023 Exam Syllabus Topics:

Topic
Details

Topic 1

Overview and Deployment of SAP S
4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S
4HANA.

Topic 2

Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.

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.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q50-Q55):

NEW QUESTION # 50
How does the system determine the relevant accounting principle when performing foreign currency valuation?

A. Via the valuation area
B. Via the valuation class
C. Via the valuation method
D. Via the valuation type

Answer: D

Explanation:
In SAP S/4HANA, foreign currency valuation is performed to adjust the local currency equivalent of foreign currency-denominated balances based on exchange rate fluctuations. The system determines the relevant accounting principle (e.g., local GAAP, IFRS) for foreign currency valuation using the valuation type . Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Via the valuation type
* Correct : The valuation type is used to determine the relevant accounting principle for foreign currency valuation. Valuation types are configured to represent different accounting principles (e.g., local GAAP, IFRS) or specific reporting requirements. During foreign currency valuation, the system uses the valuation type to apply the appropriate exchange rates and generate postings consistent with the selected accounting principle.
* Reference : According to SAP documentation, valuation types are key to defining the accounting principle and ensuring that foreign currency valuation complies with the required reporting standards.
B. Via the valuation method
* Incorrect : The valuation method defines how the valuation is calculated (e.g., balance sheet valuation, open item valuation). While it specifies the technical approach for performing the valuation, it does not determine the accounting principle. The accounting principle is determined by the valuation type, not the valuation method.
* Reference : Valuation methods focus on the calculation logic, not the accounting principle.
C. Via the valuation class
* Incorrect : The valuation class is used in material management (MM) to classify materials for inventory valuation purposes. It is unrelated to foreign currency valuation in financial accounting.
Valuation classes do not influence the determination of accounting principles for foreign currency valuation.
* Reference : Valuation classes are specific to inventory and material valuation, not foreign currency valuation.
D. Via the valuation area
* Incorrect : The valuation area is a concept used in material management (MM) to define the organizational level at which materials are valuated (e.g., plant level or company code level). It is unrelated to foreign currency valuation in financial accounting. Valuation areas do not determine the accounting principle for foreign currency valuation.
* Reference : Valuation areas are specific to inventory valuation and have no role in foreign currency valuation.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Foreign Currency Valuation : Explains how valuation types are used to determine the relevant accounting principle during foreign currency valuation.
* SAP Help Portal - Foreign Currency Valuation : Provides detailed guidance on configuring valuation types and their role in applying accounting principles.
* Valuation Types in SAP S/4HANA : Describes how valuation types are linked to accounting principles and reporting requirements.
* Material Valuation Classes and Areas : Highlights the distinction between valuation classes/areas in material management and their irrelevance to foreign currency valuation.

NEW QUESTION # 51
You want to post depreciation costs of one asset to two cost centers.
How do you do this?

A. You assign two real cost centers in the asset master data.
B. You assign a statistical order in the asset master data which you settle periodically to two cost centers.
C. You assign a real internal order in the asset master data which you settle periodically to two cost centers.
D. You assign a real cost center and a statistical cost center in the asset master data.

Answer: C

NEW QUESTION # 52
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 S 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. 05
C. 1
D. 01

Answer: A

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, when preparing a consolidated financial report for a corporate group, it is essential to define a company for each legal entity in the consolidation scenario. The company is an organizational unit used in Group Reporting and Consolidation processes to represent each legal entity, regardless of whether the data originates from SAP S/4HANA or external (legacy) systems.
Let's analyze the scenario and each option to determine the correct answer.
Scenario Analysis:
* Your corporate group consists of 15 legal entities .
* Out of these, 10 legal entities are represented by company codes in your SAP S/4HANA system.
* The remaining 5 legal entities use separate legacy systems and do not have company codes in SAP S
/4HANA.
For consolidation purposes, you need to include all 15 legal entities in the consolidation process. This requires defining a company for each legal entity in SAP S/4HANA, even if some entities are managed in external systems. The company serves as the anchor point for consolidation, allowing you to import and consolidate data from both SAP and non-SAP systems.
Explanation of Each Option:
C. 15
* Correct : You must define 15 companies in SAP S/4HANA to accommodate the consolidation scenario. Each legal entity (whether managed in SAP S/4HANA or in a legacy system) requires its own company definition in the consolidation process. This ensures that all entities are included in the consolidated financial report.
* Reference : According to SAP documentation, every legal entity in a corporate group must be represented by a company in the consolidation process, regardless of the source of its financial data.
A. 01
* Incorrect : Defining only one company would imply that all legal entities are consolidated under a single entity, which is incorrect. Each legal entity must be represented separately in the consolidation process to ensure accurate reporting.
* Reference : Consolidation requires individual representation of legal entities to maintain transparency and compliance with accounting standards.
B. 10
* Incorrect : Defining only 10 companies would cover only the legal entities represented by company codes in SAP S/4HANA. However, the remaining 5 legal entities (managed in legacy systems) would be excluded from the consolidation process, leading to incomplete financial reporting.
* Reference : All legal entities, including those in legacy systems, must be included in the consolidation process by defining corresponding companies in SAP S/4HANA.
D. 05
* Incorrect : Defining only 5 companies would cover only the legal entities managed in legacy systems, excluding the 10 legal entities already represented by company codes in SAP S/4HANA. This approach would also result in incomplete financial reporting.
* Reference : Consolidation requires the inclusion of all legal entities, not just a subset.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Group Reporting : Explains the role of companies in consolidation and how they represent legal entities in the corporate group.
* SAP Help Portal - Consolidation Process : Provides detailed guidance on defining companies for consolidation, including entities managed in external systems.
* Integration of SAP and Non-SAP Systems in Consolidation : Highlights how data from legacy systems is imported and consolidated using company definitions in SAP S/4HANA.
* Legal Consolidation in SAP S/4HANA : Describes the importance of representing all legal entities in the consolidation process to ensure accurate financial reporting.

NEW QUESTION # 53
Which date must the system determine when you enter an invoice that needs to be paid?

A. Order date
B. Payment date
C. Baseline date
D. Reference date

Answer: C

NEW QUESTION # 54
You notice that in the entry view of a document you have fewer items than in the general ledger view.
What is the reason for this?

A. The sub-ledger accounts are shown in details in the general ledger view.
B. An extension ledger has been configured.
C. Document splitting has been activated.
D. The sales tax is posted in details in the general ledger view.

Answer: C

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, the entry view and general ledger (G/L) view of a financial document can display different numbers of line items due to specific configurations or functionalities. The most common reason for having fewer items in the entry view compared to the G/L view is the activation of document splitting . Let's analyze each option to determine the correct answer.
Explanation of Each Option:
C. Document splitting has been activated.
* Correct : When document splitting is activated, the system splits a single financial document into multiple line items in the G/L view to ensure proper reconciliation across dimensions such as profit centers, segments, or functional areas. However, in the entry view, the document appears as it was originally entered, showing fewer items. This difference occurs because the entry view reflects the original input, while the G/L view includes the additional split line items generated by the system.
* Reference : According to SAP documentation, document splitting ensures that financial postings are distributed across relevant dimensions, resulting in additional line items in the G/L view but not in the entry view.
A. The sub-ledger accounts are shown in details in the general ledger view.
* Incorrect : Sub-ledger accounts (e.g., accounts payable, accounts receivable) are not displayed in detail in the G/L view. Instead, they are summarized at the G/L account level. The entry view and G/L view both show postings at the G/L account level, so this is not the reason for the discrepancy in the number of items.
* Reference : Sub-ledger details are typically visible in sub-ledger-specific reports, not in the G/L view of a document.
B. An extension ledger has been configured.
* Incorrect : While an extension ledger allows for additional accounting principles or reporting requirements, it does not directly cause a difference in the number of items between the entry view and the G/L view. Extension ledgers are used for parallel accounting but do not affect how documents are displayed in these views.
* Reference : Extension ledgers create separate documents for additional accounting principles but do not alter the structure of the entry view or G/L view for the leading ledger.
D. The sales tax is posted in details in the general ledger view.
* Incorrect : Sales tax postings are typically displayed in both the entry view and the G/L view. There is no functionality in SAP S/4HANA that causes sales tax to appear in more detail in the G/L view compared to the entry view. Therefore, this is not the reason for the discrepancy.
* Reference : Sales tax postings are consistent across both views, as they are part of the original document entry.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Document Splitting : Explains how document splitting works and its impact on the entry view and G/L view of financial documents.
* SAP Help Portal - Document Splitting : Provides detailed guidance on the configuration and behavior of document splitting in SAP S/4HANA.
* Universal Journal (ACDOCA) : Highlights how document splitting generates additional line items in the G/L view to ensure proper reconciliation across dimensions.
* Integration of FI-AA and FI-GL : Describes how document splitting ensures accurate reporting for profit centers, segments, and other dimensions.

NEW QUESTION # 55
......

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