SAP Certified Associate - SAP S/4HANA 2021 for Financial Accounting: C_TS4FI_2021

Which information is part of the Bank Master Data?

Note: There are 2 correct answers to this questions.

A. Data Medium Exchange (DME) details

B. Control data

C. Information for electronic payment transactions

D. Address details

The country that your company code operates in has defined a new VAT tax rate percentage of 15%, which will become effective at the star of the next fiscal year. You create the new VAT codes 05 and 15 to cover this requirement.

How can you ensure that users use the new tax codes when entering tax relevant documents starting next year?

A. Enter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done

B. Enter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done

C. Create a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year

D. Create a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year

How does the system perform the normal reversal of a journal entry?

A. It creates an inverse posting by resenting the transaction figures for cleared documents.

B. It creates an inverse posting by increasing the transaction figures.

C. It creates an inverse posting by decreasing the transaction figures.

D. It creates an inverse posting by resenting the transaction figures.