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Free SAP C_TS4FI_2021 Practice Exam with Questions & Answers | Set: 3

Questions 21

Which closing activities are performed for external reporting as per SAP best practices?

Note: There are 3 correct answers to this questions.

Options:
A.

Run plan assessment cycles for profit center

B.

Perform flat rate value adjustment for receivables

C.

Preform valuations of open items in foreign currency

D.

Perform a top-down distribution in margin analysis

E.

Regroup receivables and payables on the balance sheet

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Questions 22

You are a group cash manager interested in the North American business market

What ate the personalization options available to you in SAP Fiori?

Note: There are 2 correct answers to this questions.

Options:
A.

You can manage user access to relevant apps for your team without help from an administrator

B.

You can adapt the launchpad color theme according to predefined values for the cash report

C.

You can create a title to take you directly to the cash position of the North America business market

D.

You can create a title group with all the apps required for you daily business for easy access

Questions 23

You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms.

What configuration step would you initiate to maintain these categories in SAP S/4HANA?

Options:
A.

Define depreciation areas for each category of legacy asset.

B.

Define depreciation areas to transfer all the legacy data.

C.

Define asset classes and maintain their attributes.

D.

Define depreciation keys and calculation keys.

Questions 24

Which parameter indicates that a line can be dunned only with restrictions?

Options:
A.

Dunning grouping

B.

Dunning Key

C.

Dunning block reason

D.

Dunning area

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 17, 2025
Questions: 80
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