SAP C-S4CFI-2108 Daily Practice Exam New 2022 Updated 82 Questions
Use Valid C-S4CFI-2108 Exam - Actual Exam Question & Answer
SAP C-S4CFI-2108 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Scope Item Level Implementation and Configuration for Accounting and Financial Close > 12% | Perform necessary tasks related to Accounting and Financial Close Scope Items such as J58, 1GA , 1GI, Asset Accounting scope items such as J62, 1GB, BFH, 1GB, amongst others. |
| Configuration and Reporting 8% - 12% | Identify the implementation phases and scope and perform key Guided Configuration; describe Expert Configuration; explain SAP Cloud Platform Identity Authentication Service; perform core user management in SAP S/4HANA Cloud; and identify Key Solution configuration settings for integration. |
| Scope Item Level Implementation and Configuration for Financial Operations 8% - 12% | Perform necessary tasks related to Financial Operations scope items such as and not limited to Accounts Payable Scope Item (J60), Accounts Receivable Scope Items (J59, BD6, 1QM), amongst others. |
| Data Migration < 8% | Identify Self-Service Configuration UIs for data migration, prepare data migration, perform data migration, and describe best practices for managing data migration between release lifecycles. |
| Scope Item Level Implementation and Configuration for Treasury Management > 12% | Perform necessary tasks related to Treasury and Risk Management scope items such as but not limited to 1WV, 1X7, 1X1, 1X9, 1MN, 1S4, amongst others. |
| SAP S/4HANA Cloud (public) - Finance Overview < 8% | Describe the RISE with SAP strategy and the solution scope of SAP S/4HANA Cloud (public) in general for the Finance solution and innovations. |
| Integration and Extensibility < 8% | Describe the concepts of extensibility and integration and their implementations. |
| Business Process Testing < 8% | Describe the concepts of Business Process Testing and prepare and execute a Business Process Test Plan. |
| SAP Activate Methodology and Best Practices 8% - 12% | Describe the SAP Activate Implementation Methodology, best practices and Content Lifecycle Management for RISE with SAP S/4HANA Cloud (public). |
| Scope Item Level Implementation and Configuration for Cost Management & Profitability Analysis 8% - 12% | Perform necessary tasks related to Cost Management & Profitability Analysis scope items such as but not limited to Overhead Cost Accounting (J54) and Profitability and Cost Analysis (J55), amongst others. |
NEW QUESTION 36
Which assignment does the cost center category control?
- A. Funds center
- B. Business area
- C. Profit center
- D. Functional area
Answer: D
NEW QUESTION 37
What determines the set of data migration objects available from the Migrate Your Data application?
- A. The selected target fields
- B. The customer legacy system
- C. The selected source system
- D. The selected business scenarios
Answer: D
NEW QUESTION 38
Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note:
There are 2 correct answers to this question.
- A. Use the Starter system to demonstrate SAP Best Practices processes
- B. Use the Quality system to demonstrate SAP Best Practices processes
- C. Conduct the Fit-to-Standard workshops to enable customers and identify gaps
- D. Configure the organizational structure and chart of accounts in the system
Answer: A,C
NEW QUESTION 39
How can business users create new analytics content? Note: There are 3 correct answers to this question.
- A. Change existing data sources by adding filters
- B. Combine current and historical data
- C. Change underlying database tables of standard data sources
- D. Create new data sources via joins of standard data sources
- E. Create additional key figures in existing data sources
Answer: C,D,E
NEW QUESTION 40
Which options are available for the bank account revision in SAP S/4HANA Cloud ? Note: There are 2 correct answers to this question.
- A. Activate via dual control
- B. Activate automatically
- C. Activate via machine learning
- D. Activate directly
Answer: A,D
NEW QUESTION 41
When processing a cross-company code transaction between 3 company codes, what is the minimum number of journal entries posted by the system?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 42
Which function of SAP Financial Statement Insight utilizes machine learning?
- A. Visualization of account group performance
- B. Flexible comparisons across multiple characteristics
- C. Dynamic adaptation of hierarchical structures
- D. Business exception detection
Answer: D
NEW QUESTION 43
Which resources do you use when planning a Fit-to-Standard workshop? Note: There are 2 correct answers to this question.
- A. Test scripts
- B. Business process flows
- C. Legacy system configurations
- D. Business process test automates
Answer: A,D
NEW QUESTION 44
What are semantic tags used for in SAP S/4HANA Cloud?
- A. To separate local and international accounts
- B. To report on differing valuation versions
- C. To calculate KPI's in analytics reports
- D. To indicate the functional areas in which costs are incurred
Answer: C
NEW QUESTION 45
The credit profile is used to store which information in the customer master data? Note: There are 2 correct answers to this question.
- A. The customer credit group
- B. The credit decisions
- C. The scoring rules
- D. The credit exposure
Answer: A,C
NEW QUESTION 46
Which organizational units are directly linked to a plant? Note: There are 2 correct answers to this question.
- A. Credit control area
- B. Storage location
- C. Sales office
- D. Company code
Answer: B,D
NEW QUESTION 47
Your company is engaged in foreign commerce. As the buyer of goods you are applying for which instrument to secure the transaction?
- A. Letter of Credit
- B. Bank Guarantee
- C. Commerical Paper
- D. Zero-Coupon Bond
Answer: A
NEW QUESTION 48
Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?
- A. Extension ledger
- B. Distributed ledger
- C. Smart contracts
- D. Machine learning
Answer: A
NEW QUESTION 49
Which customizing task on the sender system needs to be completed before sending cash flows to a SAP S/4HANA Cloud Treasury workstation?Note: There are 2 correct answers to this question.
- A. Reassign company codes
- B. Rebuild flow types in accounting documents
- C. Activate Individual Source Applications
- D. Convert sender planning groups
Answer: B,C
NEW QUESTION 50
What are the 3 key components of the Intelligent Enterprise SAP offering? Note: There are 3 correct answers to this question.
- A. Digital Platform
- B. Intelligent Enterprise Architecture
- C. Intelligent Data Analytics
- D. Intelligent Suite
- E. Intelligent Technologies
Answer: A,D,E
NEW QUESTION 51
For which activity do you use SAP S/4HANA Cloud for Credit Integration? Note: There are 2 correct answers to this question.
- A. Import customer credit ratings from external credit rating agencies
- B. Notify an external credit agency about outstanding customer payments
- C. Supplement internal customer data to better monitor a customer's credit risk
- D. Calculate a customer's real-time credit limit based on a manual credit rating
Answer: A,C
NEW QUESTION 52
You have created a new bank account and saved it with status "Inactive". What action can you perform on the account?Note: There are 2 correct answers to this question.
- A. Activate the Bank Account
- B. Close the Bank Account
- C. Delete the Bank Account
- D. Revert to Active
Answer: A,B
NEW QUESTION 53
Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?
- A. Bilateral facility
- B. Cash flow transaction
- C. Commercial paper
- D. Deposit at notice
Answer: C
NEW QUESTION 54
What can you use the View Browser app to do?
- A. Get a list of all available analytical CDS views and their artifacts
- B. Create, edit, and delete CDS views
- C. Launch analytic cloud stories
- D. Display custom SAP views irrespective of draft or released status
Answer: A
NEW QUESTION 55
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C-S4CFI-2108 Exam Certification Details:
| Languages: | English |
| Exam: | 80 questions |
| Sample Questions: | SAP C-S4CFI-2108 Exam Sample Question |
| Duration: | 180 mins |
| Cut Score: | 57% |
| Level: | Associate |
SAP C-S4CFI-2108 Exam Description:
This certification is based on a quarterly release cycle. Therefore, it is only available for 3 months and a new version will be published with the new release cycle. The "SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation" certification exam validates that the candidate possesses SAP Activate onboarding fundamentals and core knowledge in the Finance line of business area required of the consultant profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a RISE with SAP S/4HANA Cloud implementation project team with a focus on Finance in a mentored role. This certification exam is recommended as an entry level qualification. Please note that this 2108 version of the exam takes part in the Stay Current with SAP Global Certification program. Once you pass this version of the exam, make sure that you start your stay current process. You will be required to take the quarterly stay current assessment for all subsequent RISE with SAP S/4HANA Cloud releases via the SAP Learning Hub starting with the 2111 release to maintain your RISE with SAP S/4HANA Cloud (public) consultant certification status and badge. In order to participate in the stay current program and access the stay current enablement and assessment, you will need at minimum an SAP Learning Hub, edition for SAP S/4HANA Cloud subscription. (link URL > https://training.sap.com/learninghub)
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