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NEW QUESTION 31 Accounts Payable & Accounts Receivable "Which of the following steps do you typically perform during a payment run with the automatic payment program? Note: There are 2 correct answers to this question"

• A. Define maximum amounts to be paid per supplier
• B. Rank bank accounts for payment
• C. Maintain open item selection parameters
• D. Review the payment proposal exception list

Answer: C,D   NEW QUESTION 32 General Ledger Accounting "How does SAP S/4HANA support the treatment of taxes? Note: There are 3 correct answers to this question."

• A. It perform tax adjustments for cash discounts and other forms of deductions.
• B. It posts the tax amount to tax accounts.
• C. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
• D. It adjusts the tax codes and automatically updated the procedure.
• E. It checks the tax amount entered and automatically calculates the tax.

Answer: A,B,E   NEW QUESTION 33 What is the purpose of the chart of depreciation?

• A. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
• B. The chart of depreciation defines the asset classes for which you can create fixed assets
• C. The chart of depreciation manages country-specific legal valuation of fixed assets
• D. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

Answer: C   NEW QUESTION 34 Financial Closing "Your SAP S/4HANA system is integrated with controlling. You perform cost-of-sales accounting and you report your profit and loss per profit center. When posting a supplier invoice to a primary account, which field is mandatory by standard procedures?"

• A. Functional Area
• B. Profitability segment
• C. Segment
• D. Business Area

Answer: B   NEW QUESTION 35 Accounts Payable and Accounts Receivable You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? (3 correct answers)

• A. Block an account
• B. Lower the dunning level of an item
• C. Change a document
• D. Block a line item
• E. Raise the dunning level of an account

Answer: A,B,D   NEW QUESTION 36 ...... 2022 Latest ITdumpsfree CTS4FI2021 PDF Dumps and CTS4FI2021 Exam Engine Free Share: https://drive.google.com/open?id=1ku6Gp-QRaMrr__Bs9FHhC15zZX3VcIjA