VALID C_S4CFI_2408 TEST SIMULATOR, C_S4CFI_2408 VALID TEST ANSWERS

Valid C_S4CFI_2408 Test Simulator, C_S4CFI_2408 Valid Test Answers

Valid C_S4CFI_2408 Test Simulator, C_S4CFI_2408 Valid Test Answers

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q19-Q24):

NEW QUESTION # 19
When do you perform the goods and invoice receipts reconciliation process?

  • A. When an invoice is posted, but no goods receipt has been received
  • 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 relevant purchase order is available

Answer: A

Explanation:
The goods and invoice receipts reconciliation process is performed when an invoice has been posted, but the corresponding goods receipt has not been received. This process is crucial for managing discrepancies between the invoice and the physical receipt of goods, ensuring that payments are made only for goods that have been actually received. It involves verifying the invoice details against the purchase order and resolving any mismatches or issues before proceeding with the payment, thereby maintaining the accuracy of accounts payable and inventory records.
References:
SAP S/4HANA Cloud Procurement documentation
Best practices for invoice and goods receipt reconciliation in SAP


NEW QUESTION # 20
If a customer wants to develop their own custom application and integrate it with SAP S/4HANA Cloud Public Edition, what tools would you recommend to develop the app? Note: There are 2 correct answers to this question

  • A. SAP HANA Cloud.
  • B. SAP Cloud Portal Service
  • C. SAP Business Application Studio
  • D. SAP Build

Answer: C,D

Explanation:
For developing custom applications integrated with SAP S/4HANA Cloud Public Edition: B. SAP Build: A low-code development tool that enables users to quickly build and deploy business applications without needing extensive programming knowledge. C. SAP Business Application Studio: A development environment that offers advanced tools for professional developers to build, test, and deploy applications, including integration with SAP S/4HANA Cloud.
References:
SAP Build platform information
SAP Business Application Studio documentation


NEW QUESTION # 21
In which structure do you define where the accounts appear in the financial statement?

  • A. Chart of accounts
  • B. Accounting principle
  • C. Ledger group
  • D. Financial statement version

Answer: D

Explanation:
In SAP S/4HANA Cloud Public Edition, the structure where you define where accounts appear in the financial statement is known as the 'Financial Statement Version'. This structure is crucial for the organization of accounts in a way that aligns with reporting requirements and standards. It allows for the grouping and hierarchical arrangement of accounts to reflect how they should be presented in the financial statements, such as the balance sheet and income statement, facilitating accurate and compliant financial reporting.
References:
SAP S/4HANA Cloud documentation on financial reporting
Best practices for configuring Financial Statement Versions in SAP


NEW QUESTION # 22
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

  • A. Enter configuration values in SAP Central Business Configuration
  • B. Demonstrate where to find business process documentation
  • C. Set up manual test cases in SAP Cloud ALM
  • D. Gather perceived change impact feedback

Answer: A,C

Explanation:
In the Realize phase of the SAP Activate Methodology for implementing SAP S/4HANA Cloud Public Edition, activities such as setting up manual test cases in SAP Cloud ALM and entering configuration values in SAP Central Business Configuration are completed. These steps are crucial for ensuring that the system is configured according to the business requirements and that all functionalities are thoroughly tested before going live.
References:
SAP Activate Methodology for SAP S/4HANA Cloud
SAP Cloud ALM and SAP Central Business Configuration guides


NEW QUESTION # 23
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

  • A. Test Automation Tool
  • B. What's New Viewer Tool
  • C. Release Assessment and Scope Dependency Tool
  • D. SAP Signavio Process Navigator Tool

Answer: A,B

Explanation:
To assist customers in maintaining their SAP S/4HANA Cloud systems post-release upgrade, SAP provides tools such as the Test Automation Tool and the What's New Viewer Tool. The Test Automation Tool helps automate the testing of business processes to ensure that new releases do not disrupt existing functionalities. The What's New Viewer Tool offers detailed information on the latest features and enhancements in the new release, helping users understand and leverage the new capabilities effectively.
References:
SAP S/4HANA Cloud release strategy and tools documentation
SAP Help Portal for Test Automation Tool and What's New Viewer


NEW QUESTION # 24
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