SAP C-TS4FI-2023 EXAM | LATEST C-TS4FI-2023 TEST FEE - EASY TO PASS C-TS4FI-2023: SAP CERTIFIED ASSOCIATE - SAP S/4HANA CLOUD PRIVATE EDITION, FINANCIAL ACCOUNTING EXAM

SAP C-TS4FI-2023 Exam | Latest C-TS4FI-2023 Test Fee - Easy to Pass C-TS4FI-2023: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Exam

SAP C-TS4FI-2023 Exam | Latest C-TS4FI-2023 Test Fee - Easy to Pass C-TS4FI-2023: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Exam

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q11-Q16):

NEW QUESTION # 11
In the standard sales process, when is the COGS posting generated in Financial Accounting?

  • A. Do PGI (Post Goods Issue)
  • B. Create billing document
  • C. Create delivery document
  • D. Issue customer invoice

Answer: A

Explanation:
In the standard sales process in SAP S/4HANA, the Cost of Goods Sold (COGS) posting is generated when the Post Goods Issue (PGI) is completed. PGI represents the point at which the goods physically leave the warehouse and ownership is transferred to the customer. This is the critical step where the inventory quantities and values are adjusted, and the COGS is recognized in Financial Accounting. Here are the steps in more detail:
* Sales Order Creation: The sales process begins with the creation of a sales order.
* Delivery Creation: A delivery document is created based on the sales order.
* Post Goods Issue (PGI): When the goods are shipped, the PGI is executed. This step triggers the reduction of inventory and the posting of COGS in Financial Accounting.
* Billing: After the goods are shipped, the billing document is created, and the revenue is recognized.
References
* Standard SAP documentation on the sales process and COGS posting mechanisms in SAP S/4HANA.


NEW QUESTION # 12
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA?
Note: There are 3 correct answe-rs to this que-stion.

  • A. Primary costs resulting from a distribution
  • B. Budgeted costs for a cost center
  • C. Plan depreciation amounts
  • D. Intercompany postings
  • E. Secondary costs resulting from an assessment

Answer: A,D,E


NEW QUESTION # 13
You are implementing the Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

  • A. It allows cross template maintenance.
  • B. It allows cross task list monitoring of task status.
  • C. It allows cross task list execution of tasks.
  • D. It covers multiple companies with same or similar tasks.

Answer: A,C


NEW QUESTION # 14
You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.

  • A. Posting period variant
  • B. Fiscal year variant
  • C. Source currency for group currency
  • D. Operating chart of accounts

Answer: B,D


NEW QUESTION # 15
Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?

  • A. Industry Cloud
  • B. Intelligent Suite
  • C. Experience Management
  • D. Business Network

Answer: A

Explanation:
The Intelligent Enterprise framework from SAP is designed to help businesses achieve digital transformation by leveraging advanced technologies such as artificial intelligence, machine learning, and cloud computing. One of its key components is the Industry Cloud , which focuses on providing industry- specific solutions. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Industry Cloud
* Correct : The Industry Cloud is a component of the Intelligent Enterprise that allows customers to discover and deploy vertical solutions tailored to specific industries. These solutions are developed by SAP and its partners to address unique industry challenges and requirements. Examples include solutions for manufacturing, retail, healthcare, and utilities.
* Reference : According to SAP documentation, the Industry Cloud provides a marketplace for industry- specific applications that extend the capabilities of SAP's core solutions, enabling customers to innovate and meet their unique business needs.
B. Intelligent Suite
* Incorrect : The Intelligent Suite refers to SAP's integrated suite of applications (e.g., SAP S/4HANA, SAP SuccessFactors, SAP Ariba) that provide end-to-end business processes across finance, human resources, procurement, and other functions. While it supports cross-industry processes, it does not focus on vertical solutions or industry-specific applications.
* Reference : The Intelligent Suite is about integrating core business processes, not deploying industry- specific solutions.
C. Experience Management
* Incorrect : Experience Management focuses on understanding and improving customer and employee experiences through feedback and data-driven insights. It includes tools like SAP Qualtrics to measure and act on experience data. This component is unrelated to discovering or deploying vertical solutions.
* Reference : Experience Management is about enhancing user experiences, not providing industry- specific applications.
D. Business Network
* Incorrect : The Business Network enables collaboration between businesses, suppliers, and customers through platforms like SAP Ariba, SAP Business Technology Platform (BTP), and SAP Logistics Business Network. While it facilitates connectivity and collaboration, it does not focus on deploying vertical solutions for specific industries.
* Reference : The Business Network is about fostering partnerships and collaboration, not delivering industry-specific applications.
Key References to SAP Documentation:
* SAP Industry Cloud Overview : Explains how the Industry Cloud provides vertical solutions tailored to specific industries.
* SAP Help Portal - Intelligent Enterprise Framework : Describes the components of the Intelligent Enterprise and their roles in digital transformation.
* SAP Partner Solutions : Highlights how SAP and its partners develop industry-specific applications for the Industry Cloud.
* SAP Business Technology Platform (BTP) : Discusses the role of BTP in supporting industry-specific innovations.


NEW QUESTION # 16
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