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

Here you have the best SAP C_TS4FI_2020 practice exam questions

  • You have 80 total questions across 16 pages (5 per page)
  • These questions were last updated on March 11, 2026
  • This site is not affiliated with or endorsed by SAP.
Question 1 of 80
Which of the following is a technical year-end closing activity in SAP S/4HANA?
Answer

Suggested Answer

The suggested answer is A.

A technical year-end closing activity in SAP S/4HANA involves ensuring that the ledger balances are carried forward. This is a crucial step as it ensures that the balances from the current fiscal year are transferred to the new fiscal year, allowing for continuity in financial reporting and analysis. It is an essential part of the closing process to avoid discrepancies and to maintain accurate financial records.

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Question 2 of 80
Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)
Answer

Suggested Answer

The suggested answer is A, D.

The integration of asset acquisitions with the general ledger is defined by the Asset class and the Depreciation area. The Asset class categorizes assets and helps in automatically determining the correct general ledger accounts. The Depreciation area ensures that all the rules and methods for valuing and depreciating an asset are applied correctly, which links to the general ledger for accurate financial representation.

Community Votes1 vote
ADSuggested
100%
Question 3 of 80
A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to this account?
Answer

Suggested Answer

The suggested answer is D.

Community Votes2 votes
DSuggested
100%
Question 4 of 80
You forgot to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?
Answer

Suggested Answer

The suggested answer is C.

If a new general ledger account is not added to the financial statement version, its balance is placed in the non-assigned section. Accounts in the non-assigned section are excluded from calculations for net profit and net loss. Therefore, the correct impact would be that the balance of the new account is added to the non-assigned section and is excluded from the calculation.

Community Votes3 votes
CSuggested
100%
Question 5 of 80
You want to create a substitution in Financial Accounting.
Which parts do you have to define for each step of the substitution? (Choose two.)
Answer

Suggested Answer

The suggested answer is A, B.

Community Votes2 votes
BCMost voted
50%
AC
50%

About the SAP C_TS4FI_2020 Certification Exam

About the Exam

The SAP C_TS4FI_2020 (SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 80 practice questions across 16 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our C_TS4FI_2020 questions are regularly updated to reflect the latest exam objectives.