2023 Updated Verified Pass C_S4CFI_2208 Study Guides & Best Courses [Q44-Q60]

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December 17, 2023

2023 Updated Verified Pass C_S4CFI_2208 Study Guides & Best Courses [Q44-Q60]

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2023 Updated Verified Pass C_S4CFI_2208 Study Guides & Best Courses

Ultimate Guide to the C_S4CFI_2208 – Latest Edition Available Now

SAP C-S4CFI-2208 certification exam is an essential credential for professionals who want to advance their careers in SAP S/4HANA Cloud finance implementation. Certified Application Associate – SAP S/4HANA Cloud (public) – Finance Implementation certification demonstrates an individual’s ability to implement, configure, and troubleshoot SAP S/4HANA Cloud finance solutions, which are critical to the success of modern businesses. By passing this certification exam, professionals can enhance their job prospects, increase their earning potential, and gain recognition as experts in SAP S/4HANA Cloud finance implementation.

SAP C-S4CFI-2208 certification exam consists of 80 multiple-choice questions and has a duration of 180 minutes. To pass the exam, candidates must score at least 64% or higher. C_S4CFI_2208 exam is available in English, Japanese, and Simplified Chinese.

QUESTION 44
Which activities are completed in SAP Central Business Configuration? Note: There are 2 correct answers to this question.

Create customer-specific master data.

Activate countries not covered by SAP Best Practices.

Add extensions to standard processes.

Add customer-specific data within SAP Best Practices content.

The activities that are completed in SAP Central Business Configuration are adding extensions to standard processes and adding customer-specific data within SAP Best Practices content. SAP Central Business Configuration is a tool that allows you to configure your solution across multiple countries and regions in one place. You can use it to add extensions to standard processes by creating custom fields and logic, or by using in-app extensibility options. You can also use it to add customer-specific data within SAP Best Practices content, such as organizational units, chart of accounts, or tax codes. You cannot create customer-specific master data or activate countries not covered by SAP Best Practices in SAP Central Business Configuration. These activities are done in SAP S/4HANA Cloud or in the SAP S/4HANA Migration Cockpit.

QUESTION 45
Master Data Management and Migration
What SAP Fiori app do you use to migrate new bank data to SAP S/4 HANA?

Manage Bank Accounts

Manage Banks

Manage Your Solution

Maintain Business Partner

QUESTION 46
Which of the following transactions updates values in Profitability Analysis (CO-PA) reporting?

Enter statistical key figure

Run allocations

Maintain activity prices

Post asset acquisition

Running allocations is one of the transactions that updates values in Profitability Analysis (CO-PA) reporting. Allocations are processes of distributing costs or revenues from a sender object to one or more receiver objects based on predefined rules and criteria. You can use allocations to reflect the consumption of resources or the contribution of value by different profitability segments. You can use different methods of allocations, such as assessment, distribution, or settlement.

QUESTION 47
Which tool do you use to change or add business rules and business logic in the key user extensibility scenario?

ABAP Workbench

SAP Cloud Platform

Eclipse

Cloud ABAP Web Editor

You use the Cloud ABAP Web Editor to change or add business rules and business logic in the key user extensibility scenario. The key user extensibility scenario is a scenario that allows you to adapt and enhance your SAP S/4HANA Cloud system using predefined tools and options without requiring any coding or development skills. The Cloud ABAP Web Editor is a tool that allows you to create and modify custom CDS views and custom business objects using a graphical user interface or an ABAP code editor. You can use the Cloud ABAP Web Editor to change or add business rules and business logic to your custom CDS views and custom business objects.

QUESTION 48
Which of the following options is a Contract Type?

Vehicles

Computer

Machinery

Service Contract

A service contract is one of the options for contract types in SAP S/4HANA Cloud. A contract type defines the characteristics and functionalities of a contract document, such as document type, item category, pricing procedure, billing plan, or output determination. A service contract is a contract type that represents a long-term agreement with a customer that defines the content and scope of services guaranteed within specific tolerance limits for certain parameters (e.g., predefined time frames).

QUESTION 49
When do you perform the goods and invoice receipts reconciliation process?

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

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

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

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

When an invoice is posted, but no relevant purchase order is available, you need to perform the goods and invoice receipts reconciliation process. This process is used to identify and resolve discrepancies between goods receipts and invoice receipts for purchase orders that are not subject to invoice verification. For example, this can happen when you receive an invoice from a supplier before you receive or record the goods receipt, or when you receive an invoice for a purchase order that was created without reference to a contract or outline agreement. You can use the Goods and Invoice Receipts Reconciliation app to view and clear the discrepancies.

QUESTION 50
Which tool do you use to run the SAP Cloud Integration Automation Service for SAP S/4HANA Cloud?

SAP Activate Roadmap

SAP Maintenance Planner

SAP Solution Manager

SAP Best Practices Explorer

QUESTION 51
For which object do you maintain the activity price to perform activity allocation?

Cost center

Internal order

Profit center

Key figure

You maintain the activity price for the cost center to perform activity allocation. Activity allocation is a process of assigning costs from a sender cost center to a receiver cost object based on the quantity and price of the activities performed. The activity price is the rate at which the activity is charged to the receiver. You can use different methods to calculate the activity price, such as plan/actual price, target price, or market price.

QUESTION 52
Your company is engaged in foreign commerce.
As the buyer of goods you are applying for which instrument to secure the transaction?

Bank Guarantee

Zero-Coupon Bond

Commercial Paper

Letter of Credit

QUESTION 53
SAP S/4HANA Cloud Configuration and User Management
Which customizing activates are allowed though the self-service configuration Ul? 2 answers

Addition of new custom fields within SAP Best Practices content

Addition of new SAP Best Practices business process

Adaptation of fields within SAP Best Practices content

Deletion of SAP Best Practices content

The self-service configuration UI allows you to create new processes in customer-owned areas and adapt fields within SAP Best Practices content. You cannot add new SAP Best Practices business processes or delete SAP Best Practices content through the self-service configuration UI. These activities require expert configuration or adaptation projects

QUESTION 54
When is the Quality system activated?

After the Starter system is terminated

After SAP Best Practices content is migrated from the Starter system to the Quality system

After a new change project is created

After the organizational structure and chart of accounts are defined

The quality system is activated after SAP Best Practices content is migrated from the starter system to the quality system. This is done by using the Migrate Your Data app in the starter system. The quality system is used for testing, configuration, and data migration activities. The starter system is terminated after the quality system is activated. The organizational structure and chart of accounts are defined in the starter system, not in the quality system. A new change project is created after the quality system is activated, not before.

QUESTION 55
What does the journal entry type control?

The transaction currency types allowed to be posted

The types of accounts allowed to be posted to

The ledgers updated by the posting values

Whether a posting posts a debit or credit value

QUESTION 56
In what phase of the SAP Activate methodology do you test the business processes?

Realize

Explore

Deploy

Prepare

QUESTION 57
What must you create when you build a communication scenario in SAP S/4HANA Cloud? Note: There are 3 correct answers to this question.

Communication arrangement

Communication interface

Communication API

Communication user

Communication system

When you build a communication scenario in SAP S/4HANA Cloud, you must create a communication interface, a communication API, and a communication user. A communication interface is a configuration object that defines the structure and format of the data that is exchanged between your SAP S/4HANA Cloud system and an external system. A communication API is a configuration object that defines the protocol and method of the data exchange between your SAP S/4HANA Cloud system and an external system, such as SOAP, REST, or OData. A communication user is a configuration object that defines the user name and password for authenticating the data exchange between your SAP S/4HANA Cloud system and an external system.

QUESTION 58
Which technology is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications?

SAP Change and Transport System

SAP Landscape Transformation Replication Server

Direct connectivity

SQL Connect function

QUESTION 59
What are the available methods through which you can fill staging tables in the SAP HANA database of the target system? Note: There are 3 correct answers to this question.

SAP Smart Data Access

SAP SQL Anywhere

Customer’s ETL tools

XML templates

SAP HANA Smart Data Integration (SDI)

You can use SAP Smart Data Access, SAP SQL Anywhere, or SAP HANA Smart Data Integration (SDI) to fill staging tables in the SAP HANA database of the target system. Staging tables are temporary tables that store the data that needs to be migrated from your source system to your target system using SAP Data Services. You can use different methods to fill staging tables depending on your source system type and data volume. SAP Smart Data Access allows you to access data from remote sources without physically moving it to SAP HANA. SAP SQL Anywhere allows you to synchronize data from remote databases to SAP HANA using Mobilink technology. SAP HANA Smart Data Integration allows you to replicate, transform, and cleanse data from various sources to SAP HANA using adapters and pipelines.

QUESTION 60
What are some characteristics of SAP HANA Enterprise Cloud? Note: There are 3 correct answers to this question.

It is an Infrastructure as a Service (IaaS) plus managed services

Services include provisioning, patching, and upgrading.

Customers can bring their own licensed SAP applications.

It is a Platform as a Service (PaaS) plus managed services.

SAP runs your application in a shared environment

Some characteristics of SAP HANA Enterprise Cloud are that it is an Infrastructure as a Service (IaaS) plus managed services, that services include provisioning, patching, and upgrading, and that customers can bring their own licensed SAP applications. SAP HANA Enterprise Cloud is a private cloud offering that provides a dedicated and secure environment for running your SAP applications on SAP HANA. It is an IaaS plus managed services, meaning that SAP provides the infrastructure and the management of the hardware, software, network, security, and backup. Services include provisioning, patching, and upgrading of the SAP applications and the underlying infrastructure. Customers can bring their own licensed SAP applications to SAP HANA Enterprise Cloud, such as SAP S/4HANA, SAP Business Suite, or SAP BW/4HANA. SAP HANA Enterprise Cloud is not a Platform as a Service (PaaS) plus managed services or a shared environment. These are characteristics of other cloud offerings, such as SAP Business Technology Platform or SAP S/4HANA Cloud. [Reference]

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