PROVIDING YOU RELIABLE C_TS4FI_2023 TEST DUMPS WITH 100% PASSING GUARANTEE

Providing You Reliable C_TS4FI_2023 Test Dumps with 100% Passing Guarantee

Providing You Reliable C_TS4FI_2023 Test Dumps with 100% Passing Guarantee

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Actual SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) dumps are designed to help applicants crack the Central Finance in C_TS4FI_2023 test in a short time. There are dozens of websites that offer C_TS4FI_2023 exam questions. But all of them are not trustworthy. Some of these platforms may provide you with SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) invalid dumps. Upon using outdated Central Finance in C_TS4FI_2023 dumps you fail in the C_TS4FI_2023 test and lose your resources. Therefore, it is indispensable to choose a trusted website for real Central Finance in C_TS4FI_2023 dumps.

SAP C_TS4FI_2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.
Topic 2
  • Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.
Topic 3
  • Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q72-Q77):

NEW QUESTION # 72
Which of the following objects is only a statistical account assignment for cost postings to an asset?

  • A. Profit center
  • B. Internal order
  • C. Cost center
  • D. WBS element

Answer: A

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, statistical account assignments are used for reporting and analysis purposes but do not directly receive actual cost postings. Among the options provided, the profit center is the object that serves as a statistical account assignment for cost postings to an asset. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Profit center
* Correct : The profit center is a statistical account assignment in SAP S/4HANA. It is used to track costs and revenues for internal management reporting and profitability analysis but does not receive actual cost postings. When posting costs to an asset, the profit center can be assigned statistically to provide additional reporting dimensions without affecting the actual accounting entries.
* Reference : According to SAP documentation, profit centers are classified as statistical objects because they do not participate in actual cost distribution or settlement processes.
B. Internal order
* Incorrect : An internal order is a real account assignment object that can receive actual cost postings.
Internal orders are used to collect costs for specific projects, activities, or events and can later settle these costs to other cost objects, such as cost centers or assets.
* Reference : Internal orders actively participate in cost distribution and settlement, making them a real (not statistical) account assignment.
C. Cost center
* Incorrect : A cost center is also a real account assignment object that receives actual cost postings.
Cost centers are used to allocate and manage costs within an organization and are directly involved in cost accounting processes.
* Reference : Cost centers are primary cost objects in Controlling (CO) and are not considered statistical account assignments.
D. WBS element
* Incorrect : A Work Breakdown Structure (WBS) element is a real account assignment object used in Project System (PS). WBS elements can receive actual cost postings for project-related expenses and are actively involved in project cost management and settlement processes.
* Reference : WBS elements are real account assignments and are not classified as statistical objects.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains the role of statistical and real account assignments in cost postings to assets.
* SAP Help Portal - Profit Center Accounting : Provides detailed guidance on the use of profit centers as statistical objects for reporting purposes.
* Account Assignment Objects in SAP S/4HANA : Describes the differences between real and statistical account assignments, including profit centers, cost centers, internal orders, and WBS elements.
* Integration of FI-AA and CO : Highlights how profit centers are used for reporting and analysis without receiving actual cost postings.


NEW QUESTION # 73
Which of the following objects is only a statistical account assignment for cost postings to an asset?

  • A. Profit center
  • B. Internal order
  • C. Cost center
  • D. WBS element

Answer: A


NEW QUESTION # 74
Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

  • A. Days in arrears
  • B. Payment deadline
  • C. Interest indicator
  • D. Line item grace period

Answer: A,D


NEW QUESTION # 75
You try to assign an alternative account to a G/L account but receive an error message. What can be the reason?

  • A. You have not assigned the alternative chart of accounts to your operational chart of accounts.
  • B. You have not assigned the alternative chart of accounts to your company.
  • C. The alternative account is already assigned to another G/L account for the company code.
  • D. The alternative account has not been created for the company code.

Answer: C


NEW QUESTION # 76
You notice that in the entry view of a document you have fewer items than in the general ledger view.
What is the reason for this?

  • A. An extension ledger has been configured.
  • B. The sub-ledger accounts are shown in details in the general ledger view.
  • C. Document splitting has been activated.
  • D. The sales tax is posted in details in the general ledger view.

Answer: C


NEW QUESTION # 77
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