Summer Special 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: bestdeal

Free SAP C_TS4FI_2021 Practice Exam with Questions & Answers | Set: 2

Questions 11

What can you control with the reason code in Accounts Receivable?

Note: There are 3 correct answers to this questions.

Options:
A.

The special G/L indicator for the down payment

B.

The account where a residual item is posted

C.

The exclusion of disputed residual items from credit limit checks

D.

The type of payment notice sent to a customer

E.

The document type of the payment

SAP C_TS4FI_2021 Premium Access
Questions 12

What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)

Note: There are 3 correct answers to this questions.

Options:
A.

Code line

B.

Configuration options

C.

Data model

D.

User experience

E.

Upgrade intervals

Questions 13

For which special G/L indicator do you specify a target special G/L indicator?

Options:
A.

Bill of exchange

B.

Vendor down-payment request

C.

Customer down-payment

D.

Guarantee given

Questions 14

Which date is used to determine the depreciation star date?

Options:
A.

Baseline date

B.

Acquisition date

C.

Posting date

D.

Asset value date

Questions 15

In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which new settings must you maintain as part of the configuration of the automatic payment program?

Note: There are 2 correct answers to this questions.

Options:
A.

Payment terms

B.

Payment run

C.

Bank determination

D.

Paying company codes

Questions 16

Which statement best describe extension ledgers in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

Options:
A.

Multiple extension ledgers can point to the same underlying ledger

B.

Extension ledgers can be assigned their own fiscal year variant

C.

Extension ledgers can be assigned their own posting period variant

D.

Extension ledgers can have different currencies than the underlying ledger

Questions 17

Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting lines?

Note: There are 2 correct answers to this questions.

Options:
A.

BADI implementation (FAGL_DERIVE_SEGMENT)

B.

Definition of validation rules

C.

Standard account assignment, using constants

D.

Assignment of default segments to G/L accounts

Questions 18

You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities.

Which organizational unit do you need to create for each legal entity?

Options:
A.

Segment

B.

Company Code

C.

Consolidation unit

D.

Company

Questions 19

which characteristics maps the business partner to the customer and supplier account groups?

Options:
A.

Business partner role

B.

Business partner account group

C.

Business partner grouping

D.

Business partner view

Questions 20

How does an automatic intercompany asset transfer work?

Options:
A.

It assumes that the transfer happens between two independent legal entities

B.

It determines the relationship type automatically, using the company code

C.

determines the relationship type automatically, using the company ID

D.

It does NOT allow a transfer to happen within a single legal entity

Exam Code: C_TS4FI_2021
Certification Provider: SAP
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
Last Update: Jul 15, 2025
Questions: 80
PDF + Testing Engine
$164.99
$66
Testing Engine
$124.99
$50
PDF (Q&A)
$104.99
$42

SAP Related Exams

How to pass SAP C_TFIN52_67 - SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 Exam
How to pass SAP C_TFIN22_67 - SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Exam
How to pass SAP C_TPLM30_67 - SAP Certified Application Associate - SAP Maintenance & Repair with ERP 6.0 EHP7 Exam
How to pass SAP C_TPLM40_65 - SAP Certified Application Associate - Quality Management with SAP ERP 6.0 EHP5 Exam
How to pass SAP C_TSCM62_67 - SAP Certified Application Associate - Sales and Distribution, ERP 6.0 EhP7 Exam
How to pass SAP C_SMPADM_30 - SAP Certified Application Associate - SAP Mobile Platform Native and Hybrid Application Administration (SMP 3.0) Exam
How to pass SAP C_BYD15_1908 - SAP Certified Application Associate - SAP Business ByDesign Implementation Consultant Exam
How to pass SAP C_TPLM22_67 - SAP Certified Application Associate - SAP Project Systems with SAP ERP 6.0 EHP7 Exam
How to pass SAP C_C4H520_02 - SAP Certified Application Associate - SAP Field Service Management 2005 Exam
How to pass SAP C_S4PPM_1909 - SAP Certified Application Associate - SAP S/4HANA Portfolio and Project Management Exam
How to pass SAP C_TS410_2020 - SAP Certified Application Associate - Business Process Integration with SAP S/4HANA 2020 Exam
How to pass SAP C_C4H510_04 - SAP Certified Application Associate - SAP Service Cloud 2011 Exam
How to pass SAP C_C4H420_13 - SAP Certified Application Associate - SAP CPQ Implementation Exam
How to pass SAP C_BW4HANA_27 - SAP Certified Application Associate - Reporting, Modeling and Data Acquisition with SAP BW/4HANA 2.x Exam
How to pass SAP C_BRSOM_2020 - SAP Certified Application Associate - SAP Billing and Revenue Innovation Mgmt. - Subscription Order Management Exam

SAP Free Exams

SAP Free Exams
Examstrack provides free SAP exam prep materials and practice tests to support your SAP certification goals.