SAP C_S4CFI_2308 SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Exam Practice Test

When setting up integrations with external systems, you should create one communication arrangement for each communication scenario you are implementing. A communication arrangement is a configuration that defines how your system communicates with an external system using a specific communication scenario. A communication scenario is a predefined integration content that describes the inbound and outbound communication between your system and an external system using a specific communication protocol and interface. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

An implementation consultant supports the customer during Fit-to-Standard workshops by doing the following:

• Demonstrate SAP Best Practices in the starter system
• Highlight gaps that require decisions on configuration or extensibility The Fit-to-Standard workshop is a process where the customer validates the fit of their business requirements with the standard solution provided by SAP S/4HANA Cloud. The implementation consultant helps the customer understand how the standard solution works and identify any gaps that need to be addressed by configuration or extensibility options. The implementation consultant does not determine set up instructions for Customer-Driven Integrations, conduct end-user training on all active scope items, or create custom test scripts for testing scenarios. These tasks are performed by other roles such as integration experts, key users, or test managers. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

You can perform budget availability control for projects and internal orders. Budget availability control allows you to monitor and control the budget consumption of these objects and prevent overspending. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

Some of the characteristics of the SAP S/4HANA Migration Cockpit are:

• Guidance and simulation of the migration process
• Mapping source values to SAP S/4HANA target values The SAP S/4HANA Migration Cockpit is a tool that allows you to migrate data from legacy systems to SAP S/4HANA Cloud using predefined migration content and settings. The SAP S/4HANA Migration Cockpit guides you through the migration process and allows you to simulate the data transfer before executing it. The SAP S/4HANA Migration Cockpit also allows you to map source values from legacy systems to target values in SAP S/4HANA Cloud using value mapping tables or rules. References: https://help.sap.com/viewer/product/SAP_S4HANA_MIGRATION_COCKPIT/latest/en-US

The implementation consultant supports the customer during Fit-to-Standard workshops by performing the following activities:

• Demonstrate SAP Best Practices in the starter system
• Highlight gaps that require configuration or extensibility decisions The implementation consultant does not review current custom code in the customer system or show and explain all available self-service configuration UIs during Fit-to-Standard workshops. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

The upload of the migration template fails due to the duplicated record at the Execute Import stage when you perform data migration using the SAP S/4HANA Migration Cockpit. The Execute Import stage is where you transfer data from staging tables to target tables in SAP S/4HANA Cloud, and any duplicate records would cause errors at this stage. The Convert Values, Validate Data, and Simulate Import stages do not fail due to duplicate records, as they only perform data transformation, validation, and simulation tasks without transferring data to target tables. References: https://help.sap.com/viewer/product/SAP_S4HANA_MIGRATION_COCKPIT/latest/en-US

The organizational entities that are required in SAP Central Business Configuration are defined by:

• The selected scope
• System consistency checks The selected scope determines the high-level functional areas and business processes that are relevant for your business scenario. System consistency checks ensure that the organizational entities are consistent with the system requirements and dependencies. The selected deployment target and added partner content do not define the organizational entities. References: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

You can post accruals in SAP S/4HANA Cloud by using one of the following methods:

• Use the accrual engine
• Post a recurring entry
• Enter them manually You cannot use the Microsoft Excel upload or document parking to post accruals in SAP S / 4HANA Cloud. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The purpose of the Test Automation Tool is to perform actions in a simulated user interface on behalf of the assigned test user. The Test Automation Tool is a tool that allows you to execute predefined or custom test scripts for business process testing in your system. The Test Automation Tool does not provide information on your actual tenant configuration, the business app(s) to be used for testing, or populate business data for each test screen. You need to use other tools or apps for those tasks. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

SAP Cloud Platform for customer payments is the application that provides the electronic bill presentment and payment capability. This application allows you to create and send electronic invoices to your customers and enable them to pay online using various payment methods. References: https://help.sap.com/viewer/product/SAP_CLOUD_PLATFORM_FOR_CUSTOMER_PAYMENTS/latest/en-US

SAP provides SAP Activate to customers to accelerate the implementation process for S/4HN Cloud. SAP Activate is a methodology that combines guided configuration, best practices, and proven implementation approaches for a fast and successful deployment of SAP S/4HANA Cloud. References: https://help.sap.com/viewer/product/SAP_ACTIVATE/latest/en-US

Payment method supplement is one of the fields that is maintained on the general data segment of the customer business partner. Payment method supplement determines additional information for payment transactions such as payment card type or payment card number. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Semantic tags are used for in SAP S/4HANA Cloud to calculate KPIs in analytics reports. Semantic tags are attributes that provide additional information about the meaning and purpose of a field or a value. Semantic tags enable the system to aggregate and analyze data based on common business concepts such as revenue, cost, or profit. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242a44940d.html

The account group controls the number range in which the new G/L account can be created when creating a new G/L account. The account group defines a four-digit numerical interval that determines which G/L account numbers can be assigned to accounts belonging to that group. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Based on the SAP Activate methodology, you perform the following activities in the Explore phase:

• Define the organizational structure and chart of accounts
• Conduct the Fit-to-Standard analysis to identify fits and gaps The Explore phase is where you validate your business requirements against the standard solution provided by SAP S/4HANA Cloud. You define your organizational structure and chart of accounts using self-service configuration UIs or expert configuration tools. You conduct the Fit-to-Standard analysis using predefined test scripts or custom test plans. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Some of the responsibilities of a Customer Center of Expertise (CCOE) are:

• Determine KPIs that will support a continuous improvement mindset
• Reduce the total cost of ownership for IT
• Serve as a central contact for SAP and manage interactions with the SAP Service Center A CCOE is an organizational unit that provides support and governance for the customer’s SAP solution landscape. A CCOE does not conduct risk-based assessments to determine the value of activating new processes or ensure the resources necessary for the project’s success are available. These tasks are performed by other roles such as business process experts or project managers. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

You use the SAP Cloud SDK to develop your own cloud applications for SAP S/4HANA Cloud. The SAP Cloud SDK is a set of libraries, tools, and samples that allow you to build cloud-native applications using Java or JavaScript on top of SAP Business Technology Platform (SAP BTP). You can use the SAP Cloud SDK to extend existing applications or create new applications that integrate with SAP S/4HANA Cloud. References: https://help.sap.com/viewer/product/CLOUD_SDK/latest/en-US

PaaS (Platform as a Service) is a cloud computing service that enables you to build and deploy applications. PaaS provides you with a cloud-based platform that includes tools and frameworks for developing, testing, and managing applications without having to manage the underlying infrastructure. References: https://www.sap.com/products/cloud-platform.html

The Test Execution Service that drives automated business process testing in SAP S/4HANA Cloud is hosted on the Business Technology Platform. The Business Technology Platform is an open platform that provides services for data management, analytics, application development, integration, and more. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

Posting asset acquisition is one of the transactions that updates values in Profitability Analysis (CO-PA) reporting. This transaction records the acquisition cost of an asset as a primary cost in CO-PA. Other transactions that update CO-PA reporting are sales order, billing document, and production order settlement. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

Settlement profile is one of the asset characteristics that controls if an asset is under construction. Settlement profile defines how an asset under construction is settled to other assets or cost objects when it is completed or partially completed. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

In the template-based migration approach, the maximum file size is:

• 160 MB per ZIP file
• 100 MB per XML file These are the limits for uploading files to the SAP S/4HANA Migration Cockpit using templates. There is no limit for ZIP or XML files per se, but only for the upload process. References: https://help.sap.com/viewer/product/SAP_S4HANA_MIGRATION_COCKPIT/latest/en-US

The changes that would prevent SAP from running automated business process tests on your behalf are:

• Configuration changes that impact the process flow
• Changes to the data input requirements (custom data fields) These changes would require manual adjustments to the test scripts or data sets to ensure that they match your customized solution. SAP-made changes to the standard test process or changes to the SAP S/4HANA Cloud release (upgrade) do not prevent SAP from running automated business process tests on your behalf, as they would be reflected in the predefined test content. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

You use the Maintain Business Partner app to migrate new bank data to SAP S/4 HANA. This app allows you to create and edit business partners such as customers and suppliers, and maintain their bank details such as bank accounts and bank keys. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Training Dataset and Testing Dataset are two types of datasets that are required for predictive scenarios. Training Dataset is used to train the predictive model based on historical data. Testing Dataset is used to validate the predictive model based on new data. References: https://help.sap.com/doc/00f68c2e08b941f081002fd3691d86a7/release/en-US/f2db0ee54bb94daeb2da059eaa538ac9.html QUESTION NO: 40

Which organizational units are directly linked to a plant? (Choose two.)

A. Storage location

B. Credit control area

C. Company code

D. Sales office

Answer: A, C

Storage location and company code are two organizational units that are directly linked to a plant. A storage location represents a physical or logical place where materials are stored within a plant. A company code represents an independent legal entity that is required for external reporting. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

The customer credit group and the credit decisions are two of the information that are stored in the credit profile in the customer master data. The customer credit group determines which customers are checked together for credit limit purposes. The credit decisions record the results of the credit checks performed for the customer. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

The “Confirm Scope and Organizational Structure is Completed” milestone triggers the installation of the Production system in the Implementation Project in SAP Central Business Configuration. The Production system is a permanent system that is used for running your live business operations after go-live. References: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

 Customers can scope pre-defined scenario bundles, scope extensions, and countries where business processes will run in SAP S/4HANA Cloud with Central Business Configuration (CBC). CBC does not support non-standard scenarios or public sector processes. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/5a3c7e1a2a2f4d9dbd6e0a2b1f2b6e3c.html

The changes that are possible for the Starter System after content activation are:

• Create additional product-specific configurations
• Add new organizational entities
• Edit existing product-specific configurations The Starter System is a temporary system that is used for scoping and configuration activities during the Explore phase. After content activation, you can still make changes to your product-specific configurations or organizational entities using self-service configuration UIs or expert configuration tools. You cannot delete existing organizational entities or change the group ledger scenario after content activation. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Data load preparation is performed in the Realize phase of the implementation project. This phase involves preparing and validating the data migration objects and performing data consistency checks. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9d1d6e0c6f4740a09ed5d3c3981b8f1d.html

You can find content to set up an integration if there is no SAP Best Practices content available in the SAP API Business Hub. The SAP API Business Hub is a catalog of APIs, events, and integration flows that allow you to discover and consume services from SAP and selected partners. You can use the SAP API Business Hub to explore, test, and implement integrations between SAP S/4HANA Cloud and other SAP Cloud solutions. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

A business user can do the following things with personal settings:

• Change the format of dates and numbers
• Change the order of columns in a table Personal settings allow business users to customize their user interface preferences according to their needs and preferences. Personal settings do not allow business users to merge two or more columns into a single column, modify the UI layout of the app, or create custom report output variants. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Financial Accounting is the entity that deals with processing the bank account statement and journal entries for bank / credit card settlement accounts. Financial Accounting handles all transactions related to bank accounts and payments. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

The steps for conducting automated business process testing are create a test plan, run the test, and correct and rerun failed test processes. You do not need to assess data management or create a test system for automated testing. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

You can download a .CSV file with the list of users in the Maintain Business Users app. This app allows you to manage the user accounts and authorizations for SAP S/4HANA Cloud. You can also use this app to upload a .CSV file with user data to create or update multiple users at once. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

You maintain the activity price for a cost center to perform activity allocation. The activity price represents the cost per unit of activity that is consumed by another cost object, such as an internal order or a project. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

You would use Read Access Logging (RAL) to determine if a business user accessed a business partner’s personal data. RAL is a tool that allows you to monitor and log read access to sensitive data in your system, such as personal data of customers or employees. RAL helps you comply with data protection regulations and audit requirements. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

One of the security measures that the customer is responsible for is application-level user management. Application-level user management is the process of creating and maintaining users and assigning them to business roles and catalogs that define their access rights and authorizations in the system. Change logging through audit trails, deactivation of SAP administrative users, and API management are security measures that SAP is responsible for. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US