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  1. Home
  2. SAP
  3. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
  4. SAP.C-TS4FI-2021.v2023-09-07.q58
  5. Question 1

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Question 1/58

Financial Closing
What is the order of configuration within SAP Financial Closing Cockpit?

Correct Answer: B

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Other Question (58q)
Q1. Financial Closing What is the order of configuration within SAP Financial Closing Cockpit?...
Q2. You are getting ready to post you first simple general ledger document using the SAP Fiori...
Q3. You are responsible for configuring document splitting. What are some of the key settings?...
Q4. "Organizational Assignments and Process Integration " "You define custom currency type Zl ...
Q5. Overview and Deployment of SAP S/4HANA "You are a group cash manager interested in the Nor...
Q6. How does the system determine the correspondence type of a payment notice?...
Q7. How does the system perform the normal reversal of a journal entry?...
Q8. Which of the following is a technical year-end closing activity in SAP S/4HANA?...
Q9. Accounts Payable & Accounts Receivable "In customizing, at which levels can you assign...
Q10. Accounts Payable & Accounts Receivable Which field can you change on a posted invoice?...
Q11. Financial Closing "What are the features of the Accrual Engine in SAP S/4HANA? Note: There...
Q12. General Ledger Accounting "Besides using the profit center, which options dose General Led...
Q13. Asset Accounting "In your SAP S/4HANA system, you report financial values for three separa...
Q14. Accounts Payable and Accounts Receivable What dunning -related data do you maintain on the...
Q15. Asset Accounting How do you identify an asset master record as an asset under construction...
Q16. When can you set the open item management indicator in a general ledger account? Note: The...
Q17. What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise) Note: Th...
Q18. For which account can you perform account clearing in SAP S4/HANA?...
Q19. You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What are ...
Q20. General Ledger Accounting "You are responsible for configuring document splitting. What ar...
Q21. General Ledger Accounting For which account can you perform account clearing in SAP S/4HAN...
Q22. Accounts Payable & Accounts Receivable How does the system determine the correspondenc...
Q23. Which field can you change on a posted invoice?...
Q24. What are prerequisites for the 3-way match to work in procurement transactions? Note: Ther...
Q25. Which parameters can you specify directly when you create a new correspondence type? Note:...
Q26. How do you configure depreciation areas in SAP S4/HANA? Note: There are 2 correct answers ...
Q27. Financial Closing What is the purpose of period interval 3 when you define open and closed...
Q28. Which field can you change on a posted invoice?...
Q29. General Ledger Accounting What does the document splitting functionality do?...
Q30. Asset Accounting "Which elements define the integration of asset acquisitions with the gen...
Q31. Which steps are required to create a substitution in Financial Accounting? Note: There are...
Q32. Financial Closing "Which statements best describe extension ledgers in SAP S/4HANA? Note: ...
Q33. You want to create a substitution in Financial Accounting. Which parts do you have to defi...
Q34. In your SAP S4/HANA system, you report financial values for two separate accounting princi...
Q35. You need to post customer invoice though an interface with a non-SAP system. You want to d...
Q36. Accounts Payable & Accounts Receivable "Which documents are needed to complete the 3-w...
Q37. You 'd like to set up low values asset (LVA) management. What do you need to do?...
Q38. Asset Accounting How can you perform transfers of asset between company codes with differe...
Q39. Which elements define the integration of asset acquisitions with the general ledger? Note:...
Q40. "Organizational Assignments and Process Integration " "Which steps are required to create ...
Q41. What are key reasons for preferring a new implementation of SAP S/4HANA rather than a syst...
Q42. Accounts Payable & Accounts Receivable "What you can control with the reason code in A...
Q43. Besides using the profit center, which options does General Ledger Accounting with documen...
Q44. General Ledger Accounting "How does SAP S/4HANA support the treatment of taxes? Note: Ther...
Q45. How can you define a matching method for intercompany reconciliation?...
Q46. General Ledger Accounting "You have been asked to set up house banks as part of the implem...
Q47. General Ledger Accounting "What are the characteristics of a company in SAP S/4HANA? Note:...
Q48. You must run the foreign currency valuation for both US GAAP and IFRS. which leads to diff...
Q49. What do you define when configuring asset classes? Note: There are 3 correct answers to th...
Q50. You define custom currency type Zl for your company code. Which currency types must be sto...
Q51. Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA...
Q52. Asset Accounting What is the difference between the ledger approach and the accounts appro...
Q53. Financial Closing "You forget to add a new general ledger account to the financial stateme...
Q54. What area of the benefits of how data handled in SAP S/4HANA? Note: There are 2 correct an...
Q55. Which parameter indicates that a line can be dunned only with restrictions?...
Q56. Which date is used to determine the depreciation star date?...
Q57. Accounts Payable & Accounts Receivable "Which of the following steps do you typically ...
Q58. Financial Closing "To use the SAP Financial Closing cockpit, which steps are required? Not...
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