2022 Valid C-S4CFI-2108 test answers & SAP Exam PDF
Free SAP C-S4CFI-2108 Exam Questions & Answer from Training Expert DumpsTests
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 inâdepth 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)
SAP C-S4CFI-2108 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| 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. |
| Business Process Testing < 8% | Describe the concepts of Business Process Testing and prepare and execute a Business Process Test Plan. |
| 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 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. |
| 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). |
| 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. |
NEW QUESTION 15
You want to perform scripted calculations in your planning model. How can you achieve this on the SAP Analytics Cloud?
- A. Input Tasks
- B. Value Driver Trees
- C. Data Actions
- D. Data Wrangling
Answer: C
NEW QUESTION 16
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 17
Which function of SAP Financial Statement Insight utilizes machine learning?
- A. Business exception detection
- B. Dynamic adaptation of hierarchical structures
- C. Visualization of account group performance
- D. Flexible comparisons across multiple characteristics
Answer: A
NEW QUESTION 18
What are your options if an out-of-the-box integration between SAP S/4HANA Cloud and another SAP solution is NOT available? Note: There are 2 correct answers to this question.
- A. Unrestricted firewall
- B. Integration tools
- C. Whitelisted APIs
- D. Infrastructure as a Service
Answer: B,C
NEW QUESTION 19
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 20
Which of the following fields is maintained on the general data segment of the customer business partner?
- A. Lockbox
- B. House bank
- C. Bank key
- D. Payment method supplement
Answer: C
NEW QUESTION 21
Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?
- A. Extension ledger
- B. Smart contracts
- C. Distributed ledger
- D. Machine learning
Answer: A
NEW QUESTION 22
Which of the following are outcomes of the Fit-to-Standard workshop? Note: There are 3 correct answers to this question.
- A. Identification of source code changes
- B. Solution impact on business processes
- C. Extensibility solutions to close gaps
- D. Finalized scope and integration requirements
- E. Expert configuration definition
Answer: B,C,E
NEW QUESTION 23
What are customers able to scope in SAP S/4HANA Cloud with Central Business Configuration (CBC)?
Note: There are 3 correct answers to this question.
- A. Non-standard scenarios
- B. Public sector processes
- C. Pre-defined scenario bundles
- D. Countries where business processes will run
- E. Scope extensions
Answer: C,D,E
NEW QUESTION 24
Which activity do you perform during the data load preparation?
- A. Simulate data load in the new cloud system
- B. Fill in migration templates with legacy data
- C. Resolve data issues from the simulation process
- D. Define specifications for data extraction on legacy system
Answer: D
NEW QUESTION 25
What are the steps for conducting automated business process testing? Note: There are 3 correct answers to this question.
- A. Create a test system
- B. Assess data management
- C. Correct and rerun failed test processes
- D. Run the test
- E. Create a test plan
Answer: A,C,D
NEW QUESTION 26
Which feature is available with a resubmission in Collections & Dispute Management?
- A. It provides a specific reason why a customer needs to be contacted again
- B. It transfers the dispute case to the collections worklist
- C. It documents the details of a customer's pledge to pay an invoice
- D. It initiates the dispute resolution process for one or several invoices
Answer: A
NEW QUESTION 27
Which of the following transactions updates values in Profitability Analysis (CO-PA) reporting?
- A. Enter statistical key figure
- B. Maintain activity prices
- C. Run allocations
- D. Post asset acquisition
Answer: C
NEW QUESTION 28
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: D
NEW QUESTION 29
For which object do you maintain the activity price to perform activity allocation?
- A. Cost center
- B. Profit center
- C. Internal order
- D. Key figure
Answer: A
NEW QUESTION 30
How can you post accruals in SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.
- A. Post them as manual journal entries
- B. Use Commitments by Cost Center
- C. Use Intelligent GR/IR Reconciliation
- D. Transfer Purchase Orders into the Accrual Engine
Answer: A,D
NEW QUESTION 31
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 credit exposure
- B. The customer credit group
- C. The credit decisions
- D. The scoring rules
Answer: B,D
NEW QUESTION 32
Which substitution types can you configure for journal entry substitution rules? Note: There are 3 correct answers to this question.
- A. Clear field value
- B. Substitute with formula value
- C. Substitute with field value
- D. Substitute with constant value
- E. Substitute with previous value
Answer: A,C,D
NEW QUESTION 33
Which settings does the account group control when creating a new G/L account?
- A. The G/L account types you can assign to the account
- B. The tax categories you can assign to the account
- C. The number range in which the new account can be created
- D. The field status of the field "group account number"
Answer: A
NEW QUESTION 34
Why is de-coupling your extensions from SAP S/4HANA Cloud required? Note: There are 2 correct answers to this question.
- A. To enhance existing functionality within the application itself
- B. To allow customers to take advantage of predefined user exits
- C. To guarantee the stability of the system
- D. To ensure extensions do not conflict with SAP software updates
Answer: C,D
NEW QUESTION 35
What are semantic tags used for in SAP S/4HANA Cloud?
- A. To calculate KPI's in analytics reports
- B. To indicate the functional areas in which costs are incurred
- C. To separate local and international accounts
- D. To report on differing valuation versions
Answer: A
NEW QUESTION 36
Which functionalities are supported by the SAP Fiori Test Your Processes app? Note: There are 2 correct answers to this question.
- A. Migrate test plans for execution
- B. Remediate failed test scenarios
- C. Import custom test plans
- D. Create or change test plans
Answer: B,D
NEW QUESTION 37
You need to provide historical data as training input for SAP Cash Application.Which data can you use to train the application?Note: There are 2 correct answers to this question.
- A. Dunning notices
- B. Payment advices
- C. Electronic bank statements
- D. Liquidity forecast
Answer: B,D
NEW QUESTION 38
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