Pass Your C_S4CFI_2108 Dumps as PDF Updated on 2021 With 82 Questions [Q45-Q65]

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Pass Your C_S4CFI_2108 Dumps as PDF Updated on 2021 With 82 Questions

SAP C_S4CFI_2108 Real Exam Questions and Answers FREE


SAP C_S4CFI_2108 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
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.

Business Process Testing < 8%

Describe the concepts of Business Process Testing and prepare and execute a Business Process Test Plan.

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.

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.

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.

Integration and Extensibility < 8%

Describe the concepts of extensibility and integration and their implementations.

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.

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.

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.


 

NEW QUESTION 45
You are configuring cash operations. To which object do you assign the cash management flow types?

  • A. Planning levels
  • B. Liquidity items
  • C. Bank account types
  • D. General ledger accounts

Answer: D

 

NEW QUESTION 46
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 47
How are analytics capabilities built into SAP S/4HANA Cloud?

  • A. They are embedded in the same technical stack as the application
  • B. They are installed as an add-on to the application
  • C. They are extended by the user to a dedicated SAP Fiori frontend server
  • D. They are installed on a dedicated SAP Fiori frontend server

Answer: A

 

NEW QUESTION 48
For which objects can you perform budget availability control? Note: There are 2 correct answers to this question.

  • A. Profit Center
  • B. Internal Order
  • C. Cost Center
  • D. Project

Answer: B,D

 

NEW QUESTION 49
Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?

  • A. SAP Bank Analyzer
  • B. SAP Cash Application
  • C. SAP Multi-Bank Connectivity
  • D. SAP RealSpend

Answer: C

 

NEW QUESTION 50
Which asset characteristic controls if an asset is under construction?

  • A. Depreciation key
  • B. Settlement profile
  • C. Asset class
  • D. Capitalization date

Answer: C

 

NEW QUESTION 51
Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? Note: There are 2 correct answers to this question.

  • A. Unit test
  • B. Integration test
  • C. String test
  • D. Business process test

Answer: B,D

 

NEW QUESTION 52
Which of the following benefits can be harnessed when using the SAP digital payments add-on? Note:
There are 2 correct answers to this question.

  • A. Enhanced credit card number storage
  • B. Future proof payment methods
  • C. Unlimited number of Payment Service Providers
  • D. Predictable setup and operation costs

Answer: A,C

 

NEW QUESTION 53
Which characteristic must be unique for each cash journal?

  • A. G/L account
  • B. Tax code
  • C. Business transaction
  • D. Currency

Answer: A

 

NEW QUESTION 54
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 55
Why do you perform realignment in Profitability Analysis (CO-PA)?

  • A. To adjust derived value fields
  • B. To correct posted general ledger accounts
  • C. To correct exchange rate valuation
  • D. To adjust assigned characteristics

Answer: D

 

NEW QUESTION 56
In which task is the preliminary configuration information gathered to help the configuration experts gain insight into the customer's current processes?

  • A. Fit-to-Standard Workshops
  • B. Solution Definition
  • C. Business Driven Configuration Assessment
  • D. Digital Discovery Assessment

Answer: A

 

NEW QUESTION 57
Which of the following are outcomes of the Fit-to-Standard workshop? Note: There are 3 correct answers to this question.

  • A. Solution impact on business processes
  • B. Finalized scope and integration requirements
  • C. Expert configuration definition
  • D. Extensibility solutions to close gaps
  • E. Identification of source code changes

Answer: A,C,D

 

NEW QUESTION 58
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 59
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 60
What are the steps for conducting automated business process testing? Note: There are 3 correct answers to this question.

  • A. Create a test plan
  • B. Run the test
  • C. Correct and rerun failed test processes
  • D. Create a test system
  • E. Assess data management

Answer: B,C,D

 

NEW QUESTION 61
Which of the following transactions updates values in Profitability Analysis (CO-PA) reporting?

  • A. Enter statistical key figure
  • B. Run allocations
  • C. Maintain activity prices
  • D. Post asset acquisition

Answer: B

 

NEW QUESTION 62
Which technology is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications?

  • A. SAP Change and Transport System
  • B. Direct connectivity
  • C. SAP Landscape Transformation Replication Server
  • D. SQLConnect function

Answer: B

 

NEW QUESTION 63
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.

  • A. Customer's ETL tools
  • B. SAP SQL Anywhere
  • C. SAP HANA Smart Data Integration (SDI)
  • D. SAP Smart Data Access
  • E. XML templates

Answer: B,C,D

 

NEW QUESTION 64
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 65
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C_S4CFI_2108 Exam Certification Details:

Sample Questions: SAP C_S4CFI_2108 Exam Sample Question
Cut Score:57%
Duration:180 mins
Languages:English
Level:Associate
Exam:80 questions


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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