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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

Preview the first 5 of 80 questions for free
These questions were last updated on June 13, 2026
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Question 1 of 80

Which of the following is a technical year-end closing activity in SAP S/4HANA?

Ledger balances must be carried forward.

Foreign currency valuation must be posted.

Balance sheet adjustments must be posted.

Accruals must be posted.

Question 2 of 80

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

Asset class

Depreciation keys

Valuation area

Depreciation area

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?

You can post to the account in any currency and it will be converted into CAD.

You can only post to the account in CAD and USD.

You can only post to the account in CAD, USD, and EUR.

You can only post to the account in CAD.

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?

The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.

The balance of the new account is added to the non-assigned section and is included in the calculation.

The balance of the new account is added to the non-assigned section and is excluded from the calculation.

The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.

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.)

Substitution values

Prerequisite statement

Callup point

Check statement

Question 6 of 80

Which of the following best describes the approach used when configuring high availability across multiple regions to ensure minimal downtime during failover events?

Deploy active-active clusters with cross-region replication and automated DNS failover to maintain service continuity

Use a single-region deployment with periodic manual snapshots for disaster recovery purposes

Configure load balancers in each region with independent database instances and no synchronization

Implement cold standby servers that require manual intervention to activate during outages

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