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SAP C_S4CFI_2408 SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting Exam Practice Test

Demo: 24 questions
Total 80 questions
Get C_S4CFI_2408 Full Access Download C_S4CFI_2408 PDF

SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting Questions and Answers

Question 1

If you cannot find a prepackaged solution process that addresses integration requirements, where would you look?

Options:

A.

SAP Signavio Process

B.

SAP Business Accelerator Hub

C.

SAP Business Technology Platform

D.

SAP Discovery Center

E.

SAP Cloud ALM

Question 2

You have a bank account in foreign currency. During the period, you have posted various deposits to and withdrawals from the account. After the foreign currency valuation run, how does the system evaluate the balance of this account?

Options:

A.

In local currency, with the exchange rate valid on the last day of the period

B.

In local currency, with the exchange rate valid for each transaction

C.

In foreign currency, converted to local currency on a statistical ledger

D.

In foreign currency, with no need for conversion

Question 3

What are the effects of a goods issue posting?

Note: There are 2 correct answers to this question.

Options:

A.

It posts an accounting document

B.

It reduces the inventory values

C.

It generates an invoice for approval

D.

It increases the inventory value

Question 4

How can you migrate data to S/4HANA Cloud Public Edition?

Options:

A.

With XML or CSV templates

B.

With Core Data Services

C.

With the zero downtime service

D.

With a separate SAP HANA database

Question 5

What are the restrictions when posting general journal entries to special periods?

Note: There are 2 correct answers to this question.

Options:

A.

You must use the document type YE (year-end)

B.

You must manually enter the specific special period you are posting to

C.

You must only post to balance sheet accounts

D.

You must specify a posting date in the last period of the fiscal year

Question 6

What do you use to collect the values that are entered into the configuration activities in SAP Central Business Configuration?

Options:

A.

Business Driven Configuration Questionnaire

B.

SAP Cloud ALM Requirements app

C.

SAP Cloud ALM Processes app

D.

Availability and Dependencies of Solution Process Excel

Question 7

Which asset characteristic controls if an asset is under construction?

Options:

A.

Settlement profile

B.

Capitalization date

C.

Depreciation key

D.

Asset class

Question 8

When do you perform the goods and invoice receipt reconciliation process?

Options:

A.

When an invoice is posted, but no relevant purchase order is available

B.

When a purchase order is posted but no invoice has been received

C.

When a purchase order is posted but no goods receipt has been received

D.

When an invoice is posted but no goods receipt has been received

Question 9

Which dimensions can be used to provide complete balance sheet reports?

Note: There are 2 correct answers to this question.

Options:

A.

Segment

B.

Cost center

C.

Functional area

D.

Profit center

Question 10

Which dimension do you use to produce external financial statements based on cost-of-sales accounting?

Options:

A.

Functional area

B.

Segment

C.

Market segment

D.

Profit center

Question 11

Which of the following are captured in a completed Digital Discovery Assessment?

Note: There are 2 correct answers to this question.

Options:

A.

Business role permission requirements

B.

Target customer go-live date

C.

SAP Fiori application extensions

D.

Known integration requirements

Question 12

Which of the following activities are completed in the Realize phase of the SAP Activate Methodology?

Note: There are 2 correct answers to this question.

Options:

A.

Demonstrate where to find business process documentation

B.

Gather perceived change impact feedback

C.

Set up manual test cases in SAP Cloud ALM

D.

Enter configuration values in SAP Central Business Configuration

Question 13

What is the role of the valuation method in the foreign currency valuation of accounts payable?

Note: There are 3 correct answers to this question.

Options:

A.

Define the posting and reversal date for the valuation posting

B.

Define the document type for the valuation posting

C.

Define the valuation procedure

D.

Define the exchange rate type

E.

Determine the G/L accounts for the valuation posting

Question 14

Which tools does SAP provide to make it easier for customers to maintain their SAP S/4HANA Cloud systems after a release upgrade?

Note: There are 2 correct answers to this question.

Options:

A.

SAP Signavio Process Navigator Tool

B.

Release Assessment and Scope Dependency Tool

C.

Test Automation Tool

D.

What’s New Viewer Tool

Question 15

When processing payments, what are possible functions of reason codes?

Note: There are 3 correct answers to this question.

Options:

A.

Create a sales order

B.

Automatic posting of a residual item to a specific G/L account

C.

Control of the account where a residual item is posted

D.

Control of the type of payment notice sent to a customer

E.

Generate payment reminder

Question 16

Which date determines the period of the asset acquisition?

Options:

A.

Posting date

B.

Document date

C.

Asset value date

D.

Base date

Question 17

Which editing options are available in the dunning proposal list?

Note: There are 3 correct answers to this question.

Options:

A.

Change the dunning charges

B.

Editing the dunning texts

C.

Edit dunning blocks at account level

D.

Edit dunning blocks at line item level

E.

Change the dunning level of an open item

Question 18

Where do you find industry cloud solutions to address a customer’s unique requirement?

Options:

A.

SAP Discovery Center

B.

SAP Store

C.

SAP Business Technology Platform

D.

SAP Signavio Process Navigator

Question 19

Which activities are applied to the entire system and cannot be changed after confirmation in SAP Central Business Configuration?

Note: There are 2 correct answers to this question.

Options:

A.

Scoping

B.

Configuration activities

C.

Fiscal year variant

D.

Group currency

Question 20

On which level do you define maximum amounts for low-value assets?

Note: There are 2 correct answers to this question.

Options:

A.

Valuation area

B.

Ledger group

C.

Accounting principle

D.

Company code

Question 21

What is the relation between the line item displayed for a journal entry in the entry view and the general ledger view?

Options:

A.

The entry view displays the subledger accounts (such as customer or supplier) while this is not available in the general ledger view

B.

The general ledger view has as many or more line items as the entry view

C.

The entry view has as many or more line items as the general ledger view

D.

The general ledger view displays direct account assignments such as the profit center while these are not available in the entry view

Question 22

Which of the following are steps in an automated payment run process?

Note: There are 3 correct answers to this question.

Options:

A.

Schedule invoice run

B.

Maintain parameters

C.

Upload bank statement

D.

Schedule payment run

E.

Schedule propose run

Question 23

Which activities can you complete in the Maintain Business Roles SAP Fiori app?

Note: There are 2 correct answers to this question.

Options:

A.

Assign business catalogs to a business role

B.

Maintain technical catalogs

C.

Assign PFCG profiles to a business role

D.

Maintain restrictions

Question 24

Where are the manual test cases created for customer User Acceptance Testing?

Options:

A.

SAP Solution Manager

B.

SAP Cloud ALM

C.

SAP Signavio Process Navigator

D.

Test Automation Tool

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Demo: 24 questions
Total 80 questions
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