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Quiz 2023 SAP CTS4FI2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Useful Latest Exam Duration

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CTS4FI2020 Exam Certification Details:

Sample Questions:	SAP CTS4FI2020 Exam Sample Question
Exam:	80 questions
Duration:	180 mins

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q24-Q29):

NEW QUESTION # 24
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

• A. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach
• B. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach
• C. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
• D. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach

Answer: A
NEW QUESTION # 25
What must you do to create new validations and substitutions? Note There are 2 correct answers to this question.

• A. Deactivate all former validations and substitutions
• B. Choose the chart of accounts
• C. Define the area of application
• D. Select the relevant call-up point

Answer: C,D
NEW QUESTION # 26
On which organization unit level do you define a chart of depreciation? Please choose the answer:

• A. Asset class
• B. Chart of accounts
• C. Company code
• D. Client

Answer: D
NEW QUESTION # 27
What is controlled by the terms of payment?
There are 3 correct answers to this question.
Response:

• A. Determination of the baseline date
• B. Setting for net procedure
• C. Default payment method
• D. Account for cash discount received
• E. Allowed account type

Answer: A,C,E
NEW QUESTION # 28
Where can an SAP Fiori end user change the theme of their launchpad?
Please choose the correct answer.
Response:

• A. In the Tile Catalog area of the launchpad designer
• B. In the UI theme designer
• C. In the Tile Group area of the launchpad designer
• D. In the Me area of the launchpad

Answer: D
NEW QUESTION # 29
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