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C_TS4FI_2021 Exam Dumps : SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Question 1

Which statements best describe a profit center?

Note: There are 2 correct answers to this questions.

Options:

A.

It is an object for which separate balance sheet and P&L statements can be created, whether segments are being maintained or not.

B.

It is the only object from which segments can be uniformly derived.

C.

It is an object for which separate balance sheet and P&L statements are ,created only when used in conjunction segments.

D.

It is the only object that can be uniformly derived using segments.

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Question 2

What area of the benefits of how data handled in SAP S/4HANA?

Note: There are 2 correct answers to this questions.

Options:

A.

The data is aggregated in real time from any line item table.

B.

The data is constantly auto-archived to optimize memory usage.

C.

The data is available in real time at line item detail.

D.

The data is summarized into higher levels of aggregates to accelerate system performance.

Question 3

A general ledger account is defined with the account type "Nonoperating Expense or Income"

Where can this account be used?

Options:

A.

Profit and loss account that is used in margin analysis

B.

Profit and loss account that is used in margin analysis and profit center accounting

C.

Profit and loss account that is used in overhead management accounting

D.

Profit and loss account that is used in profit center accounting