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SAP C_TS4FI_2023 Exam Syllabus Topics:
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q67-Q72):
NEW QUESTION # 67
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
Answer: B,C
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NEW QUESTION # 68
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?
Answer: C
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NEW QUESTION # 69
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.
Answer: B,D,E
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NEW QUESTION # 70
On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.
Answer: B,C
Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, the technical clearing account is used during Integrated Asset Acquisition to temporarily hold the value of assets acquired through purchase orders until the final settlement occurs. The technical clearing account can be defined at specific levels in Customizing to ensure proper accounting and reconciliation. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Account determination
* Correct : The technical clearing account can be defined at the account determination level in Customizing. Account determination controls how accounts are assigned for various transaction types, including asset acquisitions. During Integrated Asset Acquisition, the system uses the account determination settings to identify the appropriate technical clearing account.
* Reference : According to SAP documentation, account determination is a key configuration step for defining the technical clearing account in scenarios like Integrated Asset Acquisition.
D. Asset Class
* Correct : The technical clearing account can also be defined at the asset class level. Asset classes are used to group similar types of assets (e.g., machinery, buildings) and define default settings for them.
By assigning the technical clearing account at the asset class level, you ensure that the correct account is used for specific types of assets during acquisition.
* Reference : SAP allows the technical clearing account to be specified for each asset class, providing flexibility and granularity in account assignment.
B. Chart of Accounts
* Incorrect : While the technical clearing account must exist in the chart of accounts, it is not directly defined at the chart of accounts level for Integrated Asset Acquisition. Instead, the account is assigned through configurations like account determination or asset class.
* Reference : The chart of accounts serves as a repository of G/L accounts but does not control the specific assignment of the technical clearing account in this context.
C. Depreciation area
* Incorrect : The technical clearing account is not defined at the depreciation area level. Depreciation areas are used to manage different valuation approaches (e.g., book depreciation, tax depreciation) and do not influence the assignment of the technical clearing account.
* Reference : Depreciation areas focus on asset valuation and depreciation calculations, not on account determination for acquisitions.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains the role of the technical clearing account in Integrated Asset Acquisition and its configuration.
* SAP Help Portal - Technical Clearing Account : Provides detailed guidance on defining the technical clearing account at the account determination and asset class levels.
* Integrated Asset Acquisition Process : Highlights how the technical clearing account is used during goods receipts and invoice verification for assets.
* Account Determination in Asset Accounting : Describes how account determination settings influence the assignment of accounts, including the technical clearing account.
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NEW QUESTION # 71
Which parameters can you configure on the dunning level? Note: There are 2 correct answe-rs to this que-stion.
Answer: A,C
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NEW QUESTION # 72
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