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SAP C-TS4FI-2020 Exam Description:

The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".

SAP S/4HANA Financial Accounting Certification Exam Details:

Reference Books TS4F02 (SAP S/4HANA 2020)
TS4F01 (SAP S/4HANA 2020)
TS4F02 (SAP S/4HANA 1909)
TS4F01 (SAP S/4HANA 1909)
Sample Questions SAP S/4HANA Financial Accounting Certification Sample Questions
Exam Code CTS4FI2020
Level Associate
Number of Questions 80
Exam Name SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909)
Duration 180 mins
Exam Price $550 (USD)

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q40-Q45):

NEW QUESTION # 40
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Choose the correct answer.

  • A. Invoice receipt
  • B. Creation of purchase order
  • C. Goods receipt

Answer: B
NEW QUESTION # 41
What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question.

  • A. Forms for the payment media
  • B. Payment run ID
  • C. Exchange rate type
  • D. Bank determination
  • E. Allowed currencies

Answer: A,D,E
NEW QUESTION # 42
Which of the following logistic processes are involved in asset acquisition with materials management (MM)?
Choose the correct answers. (3)

  • A. Purchase order
  • B. Inventory receipt
  • C. Purchase requisition
  • D. Goods receipt

Answer: A,C,D
NEW QUESTION # 43
You are running an international business and want to set up separate legal entities to execute operations and perform accounting activities. What organizational unit do you need to create for each legal entity? Please select the correct answer.

  • A. Control area.
  • B. Company code
  • C. Company
  • D. Segment

Answer: B
NEW QUESTION # 44
What checks does the year-end closing program (RAJABSOO) perform? Choose the correct answers. 2

  • A. Assets are complete and error-free.
  • B. Last fiscal year has been updated.
  • C. Depreciation and asset balances are posted in full.
  • D. Depreciation lists and the asset history sheet have been checked.

Answer: A,C
NEW QUESTION # 45
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