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Free C: TFIN52_64_SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4 Exam Questions and Answers

Last updated: March 30, 2025

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576-C: TFIN52_64_SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4

#Question
In SAP, which functionality helps track payments made to a specific customer?
A.
Vendor Payment Analysis
B.
Account Receivable Report
C.
Sales Report
D.
Customer Account Balance
Correct Answer: B
The Account Receivable Report provides details on payments made to customers, highlighting outstanding amounts and payment histories.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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In SAP, which functionality helps track payments made to a specific customer?


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#Question
For effective management of cash reserves, what should organizations aim to do?
A.
Raise prices
B.
Increase credit accounts
C.
Expand credit lines
D.
Limit unnecessary expenses
Correct Answer: D
Limiting unnecessary expenses helps ensure that cash reserves are managed effectively, improving overall liquidity.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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For effective management of cash reserves, what should organizations aim to do?


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#Question
An organization recently acquired new fixed assets. What is vital to track for accurate financial reporting?
A.
Historical asset values
B.
Asset depreciation
C.
Maintenance records
D.
Asset utilization
Correct Answer: B
Tracking asset depreciation is vital for accurate financial reporting and matching expenses over time.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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An organization recently acquired new fixed assets. What is vital to track for accurate financial reporting?


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#Question
When implementing a new financial system, what is the primary focus during user training?
A.
Software functionalities
B.
Knowledge retention
C.
Process improvements
D.
Compliance regulations
Correct Answer: D
Focusing on compliance regulations during training ensures users understand necessary legal and company standards.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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When implementing a new financial system, what is the primary focus during user training?


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#Question
A company is evaluating its suppliers. What criteria should they primarily assess?
A.
Supplier reliability
B.
Payment terms
C.
Tax compliance
D.
Historical purchase orders
Correct Answer: A
Assessing supplier reliability is crucial to ensure consistent quality and delivery in the supply chain.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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A company is evaluating its suppliers. What criteria should they primarily assess?


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#Question
An accountant is tasked with ensuring compliance with financial regulations. Which document is essential?
A.
Employee expense reports
B.
Financial statements
C.
Payment terms
D.
Profit and loss statement
Correct Answer: B
Financial statements must comply with regulations and are essential for maintaining transparency in organizational operations.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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An accountant is tasked with ensuring compliance with financial regulations. Which document is essential?


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#Question
What is necessary for setting up new document types in SAP?
A.
Defining formats
B.
Validating automation
C.
Testing user permissions
D.
Training end-users
Correct Answer: A
Defining formats is necessary to ensure that new document types fit seamlessly into existing SAP processes.

C: TFIN52_64_SAP Certified Application Associate – Financial Accounting with SAP ERP 6.0 EHP4

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What is necessary for setting up new document types in SAP?


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