PREPARE FOR THE C_S4CFI_2408 EXAM WITH ITDUMPSFREE TEST ENGINE

Prepare for the C_S4CFI_2408 Exam with ITdumpsfree Test Engine

Prepare for the C_S4CFI_2408 Exam with ITdumpsfree Test Engine

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q26-Q31):

NEW QUESTION # 26
If you cannot find a prepackaged solution process that addresses integration requirements in SAP Signavio Process Navigator, where do you look next?

  • A. SAP Discovery Center
  • B. SAP Cloud ALM
  • C. SAP Business Technology Platform
  • D. SAP Business Accelerator Hub

Answer: A

Explanation:
If a prepackaged solution process that addresses integration requirements is not found in SAP Signavio Process Navigator, the next place to look is the SAP Discovery Center. The Discovery Center provides information on SAP's services, including use cases, service descriptions, and roadmaps for implementing solutions, offering valuable resources for identifying and understanding how to address complex integration requirements.
References:
SAP Discovery Center website
Guides and resources on SAP services and integrations


NEW QUESTION # 27
Which dale determines the period of the asset acquisition?

  • A. Base Date
  • B. Document Date
  • C. Asset Value Date
  • D. Posting Date

Answer: C


NEW QUESTION # 28
What is the role of the valuation method in the foreign currency valuation of accounts payable? Note: There are 3 answers to this question.

  • A. Define the exchange rate type
  • B. Determine the G/L accounts for the valuation posting
  • C. Define the valuation procedure
  • D. Define the document type for the valuation posting
  • E. Define the posting and reversal date for the valuation posting

Answer: A,B,C

Explanation:
In the context of foreign currency valuation for accounts payable in SAP S/4HANA Cloud Public Edition, the valuation method plays a critical role in several aspects. Firstly, it defines the exchange rate type to be used for the valuation, which determines how the exchange rates are sourced and applied during the valuation process. Secondly, it determines the G/L accounts that will be affected by the valuation postings, ensuring that currency gains or losses are recorded in the appropriate financial accounts. Lastly, the valuation method defines the valuation procedure, which outlines the specific rules and conditions under which the valuation is performed, such as whether historical rates are used, whether realized gains and losses are considered, and the method for valuing open items and balances.
References:
SAP Help Portal documentation on Foreign Currency Valuation
SAP S/4HANA Cloud user guides for Financial Accounting


NEW QUESTION # 29
Which dimensions can be used to provide complete balance sheet reports? Note: There are 2 correct answers to this question

  • A. Cost center
  • B. Profit center
  • C. Functional area
  • D. Segment

Answer: B,D

Explanation:
To provide complete balance sheet reports in SAP S/4HANA Cloud Public Edition, the dimensions that can be used include Profit Center and Segment. Profit centers allow for the tracking of revenue and expenses by different business units or locations, contributing to the analysis of profitability. Segments enable reporting and analysis based on different business lines or geographical areas, enhancing the granularity of financial reporting. Both dimensions are essential for creating detailed and informative balance sheet reports that reflect the financial position and performance of various parts of the organization.
References:
SAP S/4HANA Cloud Financial Reporting documentation
Best practices for financial segmentation and profitability analysis in SAP


NEW QUESTION # 30
How does an implementation consultant support customer expert during Fit-to-Standard workshops? Note: There are 2 correct answers to this question

  • A. Conduct end-user training on active scope items
  • B. Determine set up instructions for customer-driven integrations.
  • C. Demonstrate SAP Best Practice business processes in the starter system
  • D. Highlight areas that require configuration or customization decisions.

Answer: C,D

Explanation:
During Fit-to-Standard workshops, an implementation consultant supports customer experts by highlighting areas that require configuration or customization decisions and by demonstrating SAP Best Practice business processes in the starter system. These activities are crucial for identifying gaps between the standard SAP solutions and the customer's business requirements. By highlighting areas that may need adjustment, the consultant facilitates informed decision-making about potential customizations or configurations. Demonstrating best practice processes helps customers understand how standard workflows can be leveraged and where their business practices need to adapt to optimize the use of the SAP system.
References:
SAP S/4HANA Cloud implementation methodologies
Best practices for conducting Fit-to-Standard workshops


NEW QUESTION # 31
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