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SAP C-TS4FI-2020 Exam Overview:

Certification Vendor:SAP
Exam Name:SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Exam Number:C-TS4FI-2020
Passing Score:59%
Exam Duration:180 minutes
Real Exam Qty:80
Exam Format:Multiple choice questions
Related Certifications:SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts
Available Languages:English
Sample Questions:SAP C-TS4FI-2020 Sample Questions
Exam Way:Onsite at SAP Certification Hub or approved test centers
Pre Condition:No formal prerequisites required
Official Syllabus URL:https://training.sap.com/certification/c_ts4fi_2020-sap-certified-application-associate---sap-s4hana-for-financial-accounting-associates-sap-s4hana-2020-g/

SAP C-TS4FI-2020 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: General Ledger Accounting>12%- Create and maintain general ledger accounts, manage bank master data, post cross-company transactions, and document splitting
Topic 2: Organizational Assignments and Process Integration>12%- Manage organizational units, currencies, validations and document types, configure substitutions and number ranges
Topic 3: Financial Closing>12%- Perform month and year-end closing in Financial Accounting, post provisions, manage posting periods, and create balance sheet and profit/loss statements
Topic 4: Asset Accounting>12%- Manage charts of depreciation, asset master data, set up valuation and depreciation, and perform periodic and year-end closing processes
Topic 5: Overview and Deployment of SAP S/4HANA<8%- Explain SAP HANA architecture, SAP S/4HANA scope and deployment options
Topic 6: Accounts Payable & Accounts Receivable>12%- Manage business partners, post invoices and payments, configure payment programs, and handle special G/L transactions

Common Questions About the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Exam

The SAP C-TS4FI-2020 exam, officially titled SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020), is the required test for earning the SAP Certified Application Associate certification, a credential at the Associate level. Passing it validates the skills SAP expects from certified professionals, and it can also support progress toward related credentials such as SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts.

The C-TS4FI-2020 exam includes 80 questions, and you have 180 minutes to complete it. Before exam day, divide the available time by the question count so you know the pace you need to hold, and practice flagging time-consuming items for review instead of stalling on a single question. Timed sessions in the Actualtests4sure test engine are the easiest way to build that rhythm before it counts.

SAP asks candidates to meet the following requirement before registering: No formal prerequisites required. Exam policies do change, so confirm the latest details on the official exam page at https://training.sap.com/certification/c_ts4fi_2020-sap-certified-application-associate---sap-s4hana-for-financial-accounting-associates-sap-s4hana-2020-g/ before you book.

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The SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) exam is organized into 6 major domains. Some of the key domains include:

  • Financial Closing, accounting for >12% of the exam
  • Accounts Payable & Accounts Receivable, accounting for >12% of the exam
  • Asset Accounting, accounting for >12% of the exam

Scroll up to the Exam Topics section for the complete breakdown, and use it to plan how much study time each domain deserves.

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions:

Question #1

You are asked to explain how assets under construction work in SAP S/4HANA . What should you highlight? Note: There are 2 correct answers to this question.

  • A. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
  • B. It is possible to post special tax depreciation and investment support for assets under construction.
  • C. It is possible to post credit memos, even after assets under construction are fully capitalized.
  • D. It is impossible to use assets under construct on with Investment Management.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #2

What is the purpose of period interval 3 when you define open and closed periods?

  • A. Posting from CO to Fl
  • B. Authorization control for posting periods
  • C. Posting to special periods
  • D. Posting to special purpose ledger
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

What items are NOT cleared by the automatic clearing program? Note: There are 3 correct answers to this question

  • A. Noted items
  • B. Items with sales and use tax
  • C. Statistical postings
  • D. Items with withholding tax
  • E. Items with value-added tax
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #4

What is the purpose of the chart of depreciation?

  • A. The chart of depreciation defines the asset classes for which you can create fixed assets
  • B. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
  • C. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
  • D. The chart of depreciation manages country-specific legal valuation of fixed assets
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

You post a purchase order.
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question.

  • A. Raw material purchases
  • B. Insurance premiums
  • C. Consulting services
  • D. Fixed Asset purchases
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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