[Q62-Q79] Get 100% Passing Success With True C-S4CFI-2308 Exam! [Jul-2024]

Posted On July 13, 2024

Get 100% Passing Success With True C-S4CFI-2308 Exam! [Jul-2024]

SAP C-S4CFI-2308 PDF Questions – Exceptional Practice To SAP Certified Application Associate – SAP S/4HANA Cloud public edition – Finance

QUESTION 62
Which data is entered in the asset migration file for each asset master record?

Cumulative acquisition values in group currency

Cumulative acquisition values in all currencies

Accumulated depreciation values in group currency

Accumulated depreciation values in company code currency

Explanation
Cumulative acquisition values in all currencies is one of the data that is entered in the asset migration file for each asset master record. This data represents the total acquisition value of an asset in local currency, group currency, global company currency, and transaction currency. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c398

QUESTION 63
You are implementing the Treasury Trading via Trading Platforms functionality.
Which actions can you perform with the Manage Trade Requests App on the SAP Cloud Platform? Note:
There are 2 correct answers to this question.

Select transaction rate

Block requests

Create hedge requests

Split request

Explanation
You can perform the following actions with the Manage Trade Requests app on the SAP Cloud Platform:
Select transaction rate
Block requests You cannot use this app to create hedge requests or split requests. You need to use other apps such as Hedge Management Cockpit or Hedge Request Overview for those actions. References:
https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_TREASURY_MANAGEMENT/late

QUESTION 64
In which scenario would you use Read Access Logging (RAL) to determine the information?

If a business user accessed data in a custom field of an application

If a business user accessed a business partner’s personal data

If a business user has restrictions when accessing data in an application

If the authorizations for a business user are missing or insufficient

Explanation
You would use Read Access Logging (RAL) to determine if a business user accessed a business partner’s personal data. RAL is a tool that allows you to monitor and log read access to sensitive data in your system, such as personal data of customers or employees. RAL helps you comply with data protection regulations and audit requirements. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

QUESTION 65
You want to perform scripted calculations in your planning model. How can you achieve this on the SAP Analytics Cloud?

Data Actions

Value Driver Trees

Data Wrangling

Input Tasks

Explanation
You can use Data Actions to perform scripted calculations in your planning model on the SAP Analytics Cloud. Data Actions allow you to define complex calculations using formulas and scripts that can be triggered manually or automatically. References:
https://help.sap.com/doc/00f68c2e08b941f081002fd3691d86a7/release/en-US/f2db0ee54bb94daeb2da059eaa538

QUESTION 66
When setting up integrations with external systems, how many communication arrangements should you create?

One for each communication user you intend to use

One for each communication scenario you are implementing

One for each communication protocol you are using

One for each external system you want to interface with

Explanation
When setting up integrations with external systems, you should create one communication arrangement for each communication scenario you are implementing. A communication arrangement is a configuration that defines how your system communicates with an external system using a specific communication scenario. A communication scenario is a predefined integration content that describes the inbound and outbound communication between your system and an external system using a specific communication protocol and interface. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

QUESTION 67
What are some reasons you cannot remove a test process from a test plan? Note: There are 2 correct answers to this question.

The test plan user has not been created yet.

Data binding exists with another process.

The test process has not been made visible

The test plan has already been executed

Explanation
Some of the reasons you cannot remove a test process from a test plan are:
Data binding exists with another process
The test plan has already been executed These reasons prevent you from deleting a test process from a test plan because they would affect the integrity and validity of the test results. The test plan user not being created yet or the test process not being made visible do not prevent you from removing a test process from a test plan. References:
https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

QUESTION 68
Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? (Choose two.)

String test

Business process test

Integration test

Unit test

Explanation
Based on the SAP Activate methodology, business process test and integration test are formal tests that must be documented during implementation. Business process test verifies that all business processes work as expected in the Quality system. Integration test verifies that all interfaces and integrations work as expected in the Quality system. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c398

QUESTION 69
What defines the organizational entities that are required in SAP Central Business Configuration? Note: There are 2 correct answers to this question.

The selected deployment target

The selected scope

System consistency checks

Added partner content

Explanation
The organizational entities that are required in SAP Central Business Configuration are defined by:
The selected scope
System consistency checks The selected scope determines the high-level functional areas and business processes that are relevant for your business scenario. System consistency checks ensure that the organizational entities are consistent with the system requirements and dependencies. The selected deployment target and added partner content do not define the organizational entities. References:
https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

QUESTION 70
What are the steps for conducting automated business process testing? (Choose three.)

Assess data management

Create a test plan

Run the test

Create a test system

Correct and rerun failed test processes

Explanation
The steps for conducting automated business process testing are create a test plan, run the test, and correct and rerun failed test processes. You do not need to assess data management or create a test system for automated testing. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c398

QUESTION 71
What are characteristics of the SAP S/4HANA Migration Cockpit? Note: There are 2 correct answers to this question.

Guidance and simulation of the migration process

Extensibility using the Legacy System Migration Workbench (LSMW)

Mapping source values to SAP S/4HANA target values

Combining the staging and file approaches into one migration project

Explanation
Some of the characteristics of the SAP S/4HANA Migration Cockpit are:
Guidance and simulation of the migration process
Mapping source values to SAP S/4HANA target values The SAP S/4HANA Migration Cockpit is a tool that allows you to migrate data from legacy systems to SAP S/4HANA Cloud using predefined migration content and settings. The SAP S/4HANA Migration Cockpit guides you through the migration process and allows you to simulate the data transfer before executing it. The SAP S/4HANA Migration Cockpit also allows you to map source values from legacy systems to target values in SAP S/4HANA Cloud using value mapping tables or rules. References:
https://help.sap.com/viewer/product/SAP_S4HANA_MIGRATION_COCKPIT/latest/en-US

QUESTION 72
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?

Bilateral facility

Deposit at notice

Cash flow transaction

Commercial paper

Explanation
Deposit at notice is a financial transaction that involves a repayment at the end of the contract with no interest payments made during the term. Deposit at notice is a type of money market transaction where one party deposits funds with another party for an indefinite period, subject to a notice period for withdrawal.
References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af38

QUESTION 73
What are some responsibilities of a Customer Center of Expertise (CCOE)? Note: There are 3 correct answers to this question

Conduct risk-based assessments to determine the value of activating new processes.

Determine KPIs that will support a continuous improvement mindset.

Reduce the total cost of ownership for IT.

Serve as a central contact for SAP and manage interactions with the SAP Service Center.

Ensure the resources necessary for the project’s success are available.

Explanation
Some of the responsibilities of a Customer Center of Expertise (CCOE) are:
Determine KPIs that will support a continuous improvement mindset
Reduce the total cost of ownership for IT
Serve as a central contact for SAP and manage interactions with the SAP Service Center A CCOE is an organizational unit that provides support and governance for the customer’s SAP solution landscape. A CCOE does not conduct risk-based assessments to determine the value of activating new processes or ensure the resources necessary for the project’s success are available. These tasks are performed by other roles such as business process experts or project managers. References:
https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

QUESTION 74
Which characteristic must be unique for each cash journal?

Business transaction

G/L account

Tax code

Currency

Explanation
Each cash journal must have a unique G/L account that represents the cash balance of the cash journal. The G/L account is used to post cash transactions to the general ledger. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2105.500/en-US/6f7a1f0e6a3a4b2e8a7d0a2b1

QUESTION 75
How can you post accruals in SAP S/4HANA Cloud? 3 answers

Use the accrual engine

Post a recurring entry

Use the Microsoft Excel upload

Use document parking

Enter them manually

Explanation
You can post accruals in SAP S/4HANA Cloud by using one of the following methods:
Use the accrual engine
Post a recurring entry
Enter them manually You cannot use the Microsoft Excel upload or document parking to post accruals in SAP S / 4HANA Cloud. References:
https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

QUESTION 76
For which objects can you perform budget availability control? (Choose two.)

Project

Cost Center

Internal Order

Profit Center

Explanation
You can perform budget availability control for projects and internal orders. Budget availability control allows you to monitor and control the budget consumption of these objects and prevent overspending. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398

QUESTION 77
Which task can you perform with SAP CoPilot?

Share report outputs with colleagues in chat

Troubleshoot common problems

Scan invoices and pre-fill posting information

Create custom report output variants

Explanation
One of the tasks that you can perform with SAP CoPilot is to share report outputs with colleagues in chat. SAP CoPilot is a digital assistant that allows you to collaborate with other users, access contextual information, and perform quick actions using natural language processing and machine learning. References:
https://help.sap.com/viewer/product/SAP_COPILOT/latest/en-US

QUESTION 78
Which activity do you perform during the data load preparation?

Define specifications for data extraction on legacy system

Resolve data issues from the simulation process

Simulate data load in the new cloud system

Fill in migration templates with legacy data

Explanation
Defining specifications for data extraction on legacy system is one of the activities that you perform during the data load preparation. This activity involves defining the source fields, mapping rules, and transformation rules for each data migration object. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c398

QUESTION 79
You are implementing SAP S/4HANA Cloud for a company that manufactures bicycles and bicycle parts. The accountant is confused with the available account types.
When creating an account for costs of printing marketing materials, which account type should they choose?

Secondary cost account

Non-operating expense

Balance Sheet

Primary cost account

Explanation
When creating an account for costs of printing marketing materials, you should choose primary cost account as the account type. Primary cost accounts are used to record costs that are incurred directly by a cost object, such as materials or services purchased from external vendors. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398

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