Free C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Exam Questions and Answers
SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) is exam C_TS4FI_2020, part of SAP certification. SAP exam codes carry the level in the first letter — C_ for associate, E_ for specialist, P_ for professional — followed by the solution and a release, so C_TS4FI is an associate exam on S/4HANA Finance. Cut scores are set per exam rather than programme-wide and typically fall between 59% and 70%.
The first 10 questions on this page are free to read, answers included — no account and no card. A plan opens the rest of the bank, the full timed practice test and your weak-topic reporting.
Last updated: September 16, 2026
- Exam code
- C_TS4FI_2020
- Provider
- SAP
- Questions in our bank
- 1000+
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- First 10, with answers
- Our test mode duration & pass mark
- 130 mins · 70%
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Recommended: Switch to Test Mode to start a practice test that simulates the real exam experience.
Question #1
When configuring a new company code in SAP S/4HANA, which of the following must be defined first?
Please select an optionIncorrectCorrect answer: C
A chart of accounts determines how financial transactions are recorded and needs to be established before creating a company code.
Was this answer correct?Question #2
A company has several business areas. How can these be identified in the financial statements in SAP S/4HANA?
Please select an optionIncorrectCorrect answer: A
Segment reporting allows businesses to view financial performance by different areas of activity, ensuring detailed performance analysis.
Was this answer correct?Question #3
What is the first step in the automatic payment program configuration in SAP S/4HANA?
Please select an optionIncorrectCorrect answer: C
Defining payment methods is essential as it dictates how payments will be processed and is foundational to subsequent configurations.
Was this answer correct?Question #4
How does SAP S/4HANA ensure compliance with legal regulations in financial reporting?
Please select an optionIncorrectCorrect answer: B
SAP S/4HANA includes standard reports that comply with legal requirements, ensuring that businesses can generate legally compliant financial statements.
Was this answer correct?Question #5
In SAP S/4HANA, what is the purpose of the asset accounting module?
Please select an optionIncorrectCorrect answer: D
The asset accounting module in SAP S/4HANA is specifically designed to manage assets, including their acquisition, depreciation, and retirement.
Was this answer correct?Question #6
When an invoice is posted in SAP S/4HANA, which of the following accounts is affected in the financial accounting subsystem?
Please select an optionIncorrectCorrect answer: C
An invoice increases an obligation to pay, thus affecting the accounts payable account in financial accounting.
Was this answer correct?Question #7
How are financial postings with different currencies managed in SAP S/4HANA?
Please select an optionIncorrectCorrect answer: C
SAP S/4HANA automatically performs currency conversion for financial postings, simplifying multinational accounting processes.
Was this answer correct?Question #8
What is the purpose of the "Clear Historical Data" function in SAP S/4HANA?
Please select an optionIncorrectCorrect answer: C
Clearing historical data can improve system performance and reduce query times by minimizing the dataset the system must index and search.
Was this answer correct?Question #9
When setting up the financial accounting in SAP S/4HANA, what is the first foundational task?
Please select an optionIncorrectCorrect answer: C
Establishing a company code is a prerequisite step as it defines the accounting framework for financial activities in SAP S/4HANA.
Was this answer correct?Question #10
What function do posting keys serve in SAP S/4HANA?
Please select an optionIncorrectCorrect answer: A
Posting keys determine how transactions are recorded in the system, specifying whether an amount is debit or credit and to which accounts it pertains.
Was this answer correct?
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FAQ
- Q1: What is the C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) exam?
- A: C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) is a SAP certification exam. Judging by the questions in our bank, it concentrates on 4hana, invoice, payment, accounting and closing.
- Q2: What topics does the C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) exam cover?
- A: Questions in our C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) bank cluster around 4hana, invoice, payment, accounting, closing, asset, code and vendor. Working through the full set is the quickest way to find which of these you are weakest on.
- Q3: How should I prepare for C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)?
- A: Work through the C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) practice questions here, checking your answer on each one, then sit the practice test to rehearse the exam under timed conditions before the real thing.
- Q4: Are these real C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) exam questions?
- A: They are drawn from officially released past questions and from community members who have sat C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020). Answers are verified and updated weekly.
- Q5: Where do I register for the C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) exam?
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- Q6: Is there a free C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) sample?
- A: Yes. Every C_TS4FI_2020: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) page shows a free sample of real questions. Upgrading opens the full bank and the practice test.
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- A: SAP Certification Exams validate your expertise in using and managing SAP’s enterprise software solutions. These certifications demonstrate your proficiency in deploying, configuring, and optimizing SAP technologies to support business processes and operations across various industries.
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- A: IT professionals, system administrators, consultants, business analysts, project managers, and anyone involved in managing and implementing SAP solutions should consider these certifications to validate their expertise and advance their careers.
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- A: SAP offers various certification paths, including:
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- A: Preparation can include official SAP training courses, study guides, practice exams, online tutorials, and hands-on experience with SAP products and solutions.
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