Question 1

What do you configure for regrouping receivables and payables?

Options :

A : Provision Method

B : Calculation Method

C : Valuation Method

D : Sort Method

Answer: D

Question 2

You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisites must be met? Note: There are 2 correctanswers to this question

Options :

A : The account is a balance sheet account.

B : The account is defined as open item managed.

C : The account is defined in the account determination for each asset class.

D : The account is defined as a reconciliation account for fixed assets.

Answer: A,D

Question 3

You are implementing the Financial Closing Cockpit for your organization. What are the advantages of defining task groups? Note: There are 2 correctanswers to this question

Options :

A : It allows cross task list monitoring of task status.

B : It allows cross template maintenance.

C : It covers multiple companies with same or similar tasks.

D : It allows cross task list execution of tasks.

Answer: B,C

Question 4

Which object is used to directly support the preparation for consolidation?

Options :

A : Segments/Profit Centers

B : Functional Areas

C : Ledgers/Ledger Groups

D : Company/Trading Partner

Answer: D

Question 5

On which levels do you define FI-AA account determination? Note: There are 2 correctanswers to this question.

Options :

A : Client

B : Chart of depreciation

C : Chart of accounts

D : Company code

Answer: B,C

Online C_TS4FI_2023 Practice Test - Free Sample Exam Questions

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