Get Success in SAP C_S4CFI_2408 Exam Questions and Grow Your Career

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SAP C_S4CFI_2408 Exam Syllabus Topics:

Topic	Details
Topic 1	System Landscapes and Identity Access Management: This part of the exam measures the competencies of SAP architects tasked with managing system landscapes and user access controls.
Topic 2	Implementing with a Cloud Mindset, Building the Team, and Conducting Fit-to-Standard Workshops: This section assesses the capabilities of SAP consultants involved in cloud-based implementations.
Topic 3	Configuration and the SAP Fiori Launchpad: This section evaluates the skills of SAP implementation consultants who are responsible for configuring business processes. It emphasizes the use of SAP Central Business Configuration and explores the functionalities of the SAP Fiori Launchpad, with a focus on improving user experience and optimizing process workflows.
Topic 4	Designing Asset Accounting Process in SAP S 4HANA: This part of the exam evaluates the expertise of IT professionals and SAP consultants who are in charge of overseeing financial operations within organizations. It focuses on the essential features of SAP S 4HANA required for managing asset accounting processes. Candidates will be assessed on their ability to plan and execute key asset accounting tasks, such as asset acquisition, depreciation, and retirement, using SAP S 4HANA.
Topic 5	Data Migration and Business Process Testing: This section evaluates the skills of IT professionals involved in data migration from legacy systems. It centers on testing the configured business processes in SAP S 4HANA, using both manual and automated testing tools to ensure smooth data transfers and process accuracy.
Topic 6	Describing the Receivables Management Process in SAP S 4HANA: This section assesses the abilities of SAP finance consultants responsible for handling receivables management in companies.
Topic 7	Extensibility and Integration: This segment of the exam assesses the abilities of SAP consultants working on customizing SAP systems. It delves into extending and integrating SAP S 4HANA applications with other systems, using extensibility tools to adjust standard processes and tailor them to specific business needs.

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q65-Q70):

NEW QUESTION # 65
How can you define the relationship between business roles and business catalogs?

A. A business catalog is a collection of one or more business roles.
B. A business catalog restricts access to one or more business roles.
C. A business role is a collection of one or more business catalogs.
D. A business role restricts access to one or more business catalogs.

Answer: A

NEW QUESTION # 66
At which point in the integrated sales process is a balance sheet relevant accounting document created?

A. Sales order confirmation
B. Quotation
C. Goods issue
D. Sales order creation

Answer: C

Explanation:
In the integrated sales process within SAP S/4HANA Cloud Public Edition, a balance sheet relevant accounting document is created at the point of 'Goods Issue'. The goods issue process marks the reduction of inventory and records the cost of goods sold (COGS) in the financial accounting, impacting the balance sheet and income statement. This step is crucial as it reflects the outflow of goods from inventory, leading to a decrease in inventory assets and an increase in expenses (COGS), which are both balance sheet and income statement activities, respectively.
References:
SAP S/4HANA Cloud Sales documentation
SAP Help Portal on integrated sales and distribution processes

NEW QUESTION # 67
For an asset under construction (AuC) linked to a WBS element, what do you do? Note: There are 2 correct answers to this question

A. Post costs directly to the AuC since the WBS element is always statistical.
B. Maintain a settlement rule for the WBS element.
C. Post cost to the AuC through settlement of the WBS element
D. Post depreciation for the AuC after costs are first debited to it.

Answer: B,C

Explanation:
For an Asset under Construction (AuC) linked to a Work Breakdown Structure (WBS) element in SAP S/4HANA Cloud Public Edition, it's essential to maintain a settlement rule for the WBS element and post costs to the AuC through the settlement of the WBS element. The settlement rule defines how costs collected on the WBS element are allocated to the AuC, ensuring accurate tracking and capitalization of construction costs. This process allows for the systematic transfer of costs from the project structure to the asset structure, facilitating the capitalization of the asset once construction is complete.
References:
SAP S/4HANA Cloud Asset Management documentation
Best practices for project systems and asset accounting integration

NEW QUESTION # 68
What are the effects of a goods issue posting?
Note: There are 2 correct answers to this question.

A. It reduces the inventory values
B. It generates an invoice for approval
C. It posts an accounting document
D. It increases the inventory value

Answer: A,C

Explanation:
Comprehensive and Detailed in Depth Explanation:A goods issue in SAP S/4HANA Cloud (e.g., via "Post Goods Issue" app) impacts inventory and accounting.
* A:Correct. It generates an accounting document (e.g., Dr. COGS, Cr. Inventory).
* B:Correct. Inventory value decreases due to stock reduction.
* C:Incorrect. Invoices are linked to billing, not goods issue.
* D:Incorrect. Goods issue reduces, not increases, inventory value.References:SAP Help Portal - "Goods Movement in Inventory Management."

NEW QUESTION # 69
In SAP Central Business Configuration, which activities can you perform in the Product-Specific Configuration Phase? Note: There are 3 correct answers to this question.

A. Add new sales organizations
B. Change approval thresholds.
C. Create new scope items.
D. Modify building blocks
E. Add blocking reasons for billing

Answer: A,B,E

Explanation:
In SAP Central Business Configuration during the Product-Specific Configuration Phase, activities such as adding new sales organizations, changing approval thresholds, and adding blocking reasons for billing can be performed. These tasks are part of tailoring the SAP S/4HANA Cloud system to meet the specific business needs and operational requirements of an organization, ensuring that the ERP system aligns with the business's functional and process structures.
References:
SAP Central Business Configuration documentation
SAP S/4HANA Cloud configuration guides

NEW QUESTION # 70
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GET SUCCESS IN SAP C_S4CFI_2408 EXAM QUESTIONS AND GROW YOUR CAREER

Get Success in SAP C_S4CFI_2408 Exam Questions and Grow Your Career