C_TS4FI_2021 Sample Questions Answers

Define depreciation areas for each category of legacy asset.

Define depreciation areas to transfer all the legacy data.

Define asset classes and maintain their attributes.

Define depreciation keys and calculation keys.

2

4

3

1

Company code

BP role

BP type

BP category

Maintain exchange rates daily.

Set up the relationship between currencies using translation ratios.

Specify the company code currency as the base currency.

Specify a purpose for the exchange rate type.

The data is aggregated in real time from any line item table.

The data is constantly auto-archived to optimize memory usage.

The data is available in real time at line item detail.

The data is summarized into higher levels of aggregates to accelerate system performance.

Automatically, when setting capex cost from an internal order

Automatically, when creating an investment measure

Automatically, when setting capex cost from a WBS element

Manually (transaction AS01), using a specific asset class

Basel ine date

Tax code

Special G/L indicator

Statistical internal order

It checks the tax amount entered and automatically calculates the tax

It post the tax amount to tax accounts

It checks the tax codes and automatically updates the taxes based on changes by tax authorities

It adjust the tax codes and automatically updates the procedure

It performs tax adjustments for cash discounts and other forms of deductions

It is responsible for costs and revenues within an organization.

It can be assigned to a company code.

It represents separate areas of operation within an organization.

It is considered for consolidation.