Learn, Practice, and Improve with SAP C_TS4FI_2023 Practice Test Questions

Explanation:

In SAP S/4HANA Cloud Private Edition, the assignment of currency types (such as ledger currency, company code currency, or group currency) is configured at the ledger level. The ledger determines which currency types are actively managed for parallel valuation and reporting.

Why other options are incorrect:

A. Accounting principle:
While an accounting principle is assigned to a ledger, currency types are not directly assigned to the principle itself. The principle defines reporting standards (e.g., IFRS, GAAP), but the currency settings are a ledger attribute.

B. Valuation area:
Valuation areas are used primarily for inventory valuation in Materials Management and Controlling. Currency types for general ledger accounting are not assigned here.

C. Company:
The company is a consolidation unit above company code. The company code has a local currency, but multiple parallel currency types are managed at the ledger level for financial reporting.

Reference:

SAP S/4HANA configuration path:
Financial Accounting (New) → Financial Accounting Global Settings (New) → Ledgers → Define Ledgers for Accounting Principles. Here, for each ledger, you define the ledger currency and additional currency types for parallel accounting.

Explanation:

A. You have added an account to the wrong node and it is included in the assets section.
In SAP, the net profit is dynamically calculated based on where accounts are mapped. If a P&L account (like an expense) is incorrectly placed under the Asset node, the system treats it as a balance sheet item rather than a profit-impacting item. This logic removes the balance from the P&L calculation, causing the reported net profit to be mathematically incorrect.

C. You have accounts that you have not assigned in the financial statement version.
If transactions are posted to a G/L account that is missing from the FSV hierarchy, that balance is excluded from the calculated totals. SAP typically lists these under a "Non-assigned accounts" section. Because these figures are not part of the defined P&L or Balance Sheet nodes, the calculation of net profit remains incomplete.

Incorrect Options

B. You have added an account to the liabilities node that belongs to the financial statement notes:
This is a classification error within the Balance Sheet itself. Since both "Liabilities" and "Notes" are non-P&L nodes, moving an account between them affects the presentation of the balance sheet but does not alter the actual calculation of net profit.

D. You selected account group assignment by balance for an account and it is displayed as a liability:
This refers to Debit/Credit Shifting (e.g., a bank account showing as a liability when overdrawn). This is standard SAP functionality for accurate balance sheet reporting and has no impact on the net profit calculation.

References:

SAP S4F10 (Business Processes in Financial Accounting): Explains FSV structures and the "Profit/Loss" calculation logic.
SAP S4F12 (Basics of Customizing for Financial Accounting): Details the configuration of FSVs and the importance of assigning all G/L accounts.

Explanation:

B. Adjustment G/L account for foreign currency In SAP S/4HANA, the system uses a Balance Sheet Adjustment Account to post the offset of the unrealized gain or loss.
Since the Supplier Reconciliation Account (Option D) is a control account, it cannot be posted to directly by the valuation program. Instead, the adjustment account is mapped in the background (via T-code OB09). This account is typically grouped next to the reconciliation account in the Financial Statement Version (FSV) to show the correct valuated balance for reporting. Because these are unrealized differences, the system automatically reverses these postings on the first day of the next period.

Why the Other Options are Incorrect

A. Individual supplier accounts with special G/L indicator:
Special G/L indicators are used for specific business transactions like down payments. They are not intended for the automated revaluation of standard open items.

C. Alternative reconciliation G/L account:
While you can swap reconciliation accounts during manual postings, the FCV process is designed to use a specific technical "adjustment" account to maintain the audit trail of the original reconciliation balance.

D. Supplier reconciliation G/L account:
As noted, standard SAP configuration prohibits direct postings to reconciliation accounts. Attempting to post the valuation directly here would violate the subledger-to-general-ledger integrity.

References:

SAP S4F13 (Additional Financial Accounting Configuration): Detailed explanation of the "Account Determination" for exchange rate differences (KDF).
SAP Help Portal (Valuation of Open Items): Specifically states that "the amounts are posted to an adjustment account in FI-GL, which appears in the same line of the balance sheet as the reconciliation account."

Explanation:

In the context of SAP S/4HANA Cloud Private Edition and Clean Core, SAP recommends using public, released, and versioned APIs that are officially supported and designed to remain stable across system updates and upgrades.

B. OData
– This is the primary strategic API model for S/4HANA Cloud integrations. OData (RESTful) APIs are published in the SAP API Business Hub, are fully documented, and are maintained to be backward-compatible. Using these ensures your integrations are decoupled from underlying implementation changes.

C. IDoc
– For asynchronous, document-based integration (e.g., EDI, A2A), IDocs remain a supported standard. SAP delivers preconfigured IDoc types for core business processes, and their interface stability across releases makes them suitable for Clean Core.

Why the others are not recommended for Clean Core

A. SOAP
– While SOAP-based services exist, they are often not the first choice for new cloud integrations. Many are considered private or deprecated in favor of OData. Using them risks future incompatibility.

D. RFC
– RFCs expose internal logic or direct table access and strongly violate Clean Core principles. They are highly likely to break during upgrades because they are not guaranteed to remain stable.

Reference

SAP Clean Core and Extensibility guidance: emphasizes using released public APIs (OData, IDoc) and avoiding direct database/RFC dependencies.
SAP S/4HANA Cloud, Private Edition – Integration Suite Advisory: recommends OData for most real-time integrations and IDocs for specific asynchronous/EDI scenarios.

Explanation:

In the C_TS4FI_2023 exam, understanding the modern ABAP development landscape is essential for "Clean Core" and "Cloud-Native" strategies. SAP has transitioned from monolithic development to a model that is upgrade-stable and decoupled.

B. ABAP RESTful Application Programming Model (RAP) The ABAP RESTful Application Programming Model (RAP)
is the recommended and primary model for cloud-native development in SAP S/4HANA (both Public and Private editions). RAP allows developers to build modern, SAP HANA-optimized, and cloud-ready business services and Fiori applications. It uses Core Data Services (CDS) for data modeling and focuses on a "behavior-based" architecture that ensures custom code remains upgrade-stable and follows the "Clean Core" principle.

Why the Other Options are Incorrect

A. The ABAP Cloud Development Model:
While this sounds correct, "ABAP Cloud" is actually the umbrella term for the development environment and language version (ABAP for Cloud Development), not the specific programming model itself. In an exam context, if you are asked for the model used to build the applications, RAP is the specific technical framework.

C. The SAP S/4HANA Cloud Extensibility Model:
This refers to the broad strategy of how to extend SAP (encompassing In-App, Developer, and Side-by-Side extensibility). It is a framework for how to extend the system, whereas RAP is the specific programming model used by developers within that framework to write the actual cloud-native code.

References:

SAP S4F10 (Business Processes in Financial Accounting): Introduces the evolution of the ABAP platform toward cloud readiness.
SAP Help Portal - ABAP RESTful Application Programming Model: Explicitly defines RAP as the "standard for cloud-ready development on the ABAP platform."

Explanation:

In SAP S/4HANA's Universal Journal (ACDOCA table), when you post a vendor invoice for asset acquisition without reference to a purchase order, the system creates separate accounting documents for each active accounting principle (ledger) in your configuration.

Why the other options are incorrect:

B. One document for all accounting principles
– This was the behavior in the classic "leading ledger" concept, but not in the S/4HANA Universal Journal for parallel accounting principles.

C. One document per accounting principle & one document for all accounting principles
– There is no separate "combined" document. Each ledger gets its own FI document.

D. Separate documents for each and every accounting principle
– This wording is misleading and essentially repeats option A, but the phrasing "each and every" is not standard terminology and could imply additional unnecessary documents.

Reference
SAP S/4HANA Financials: Parallel Accounting using the Universal Journal – Each active ledger in a ledger group receives its own accounting document during posting.

Explanation:

C. You assign a real internal order in the asset master data which you settle periodically to two cost centers.
Since the Asset Master Record (Time-Dependent tab) only supports a single entry for a cost center, you cannot split the cost directly at the moment of the depreciation run (AFAB). To achieve a split, you must use a Real Internal Order as an intermediary collector.

Why the Other Options are Incorrect

A. You assign a statistical order...:
A statistical order is for reporting only. It cannot receive a "real" financial posting, and more importantly, it cannot perform a settlement to other CO objects.

B. You assign a real cost center and a statistical cost center...:
In this scenario, the "real" cost center would absorb 100% of the depreciation expense. The statistical posting is just a "memo" entry and does not achieve a financial split of the actual costs.

D. You assign two real cost centers...:
The SAP standard field for "Cost Center" in the asset master (Table ANLZ) is a single-value field. There is no standard configuration to enter multiple cost centers in this specific field.

References:
SAP S4F12 (Basics of Customizing for Financial Accounting): Section on "Integration with Overhead Cost Controlling" describes using internal orders for complex cost distributions.