Free SAP Certified Associate – Implementation Consultant – SAP S/4HANA Cloud Public Edition, Financial Accounting Exam C_S4CFI_2408 Exam Practice Test

Which master record object controls the use of an business partner in accounts payable

• Business partner role
• Business partner classification
• Business partner grouping
• Business partner category

When do you perform the goods and invoice receipts reconciliation process?

• When an invoice is posted, but no relevant purchase order is available
• When a purchase order is posted, but no invoice has been received
• When an invoice is posted, but no goods receipt has been received
• When a purchase order is posted, but no goods receipt has been received

What is the relation between the line items displayed for a journal entry in the entry view and the general ledger view?

• The entry view displays the subledger accounts (such as customer or supplier) while this is not available in the general ledger view.
• The entry view has as many or more line items as the general ledger view.
• The general ledger view displays account assignments such as the profit center while these are not available in the entry view
• The general ledger view has as many or more line items as the entry view.

What can you do when executing a depreciation posting run? Note: There are 3 correct answers to this question.

• You can run depreciation separately for each ledger.
• You can reverse the Fl posting documents of the depreciation run.
• You can select to cancel the depreciation run if the program finds errors in individual assets.
• You can process a depreciation test run for individual assets.
• You can check the posted depreciation for each asset on the Fl document.

In which type of extensibility is the SAP Business Technology Platform used to host a custom extension?

• Side-by-side extensibility
• Classic extensibility
• Developer extensibility
• Key user extensibility

Which fields can you define on the Chart of Accounts level of a G/L Account? Note: There are 2 correct answers to this questionAccount currencyG/L account typeFunctional areaAccount group

• Account Currency: This specifies the currency in which transactions are to be recorded for that G/L account, influencing how financial data is managed and reported in different currencies. D. Account Group: It categorizes
• G/L accounts, aiding in their organization and management, and determines the range of number assignments and the screen layout during G/L account creation and maintenance.
• References:
• SAP S/4HANA Cloud Financial Accounting documentation Best practices for managing the Chart of Accounts in SAP

Which date determines the period of the asset acquisition?

• Posting Date
• Document Date
• Asset Value Date
• Base Date

Which of the following systems are used to implement SAP S/4HANA Cloud Public Edition for a customer? Note: There are 3 correct answers to this question

• Starter system
• Development system
• Test system
• Sandbox system
• Trial system

What is the result of an automatic payment run? Note: There are 3 correct answers to this question.

• Payment documents
• Payment pian
• Payment media
• Payment log
• Payment blocks

Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note: There are 2 correct answers to this question

• Define the organizational structure and chart of accounts
• Conduct the Fit-to-Standard analysis to gather configuration values
• Conduct the Digital Discovery Assessment to identify extension requirements.
• Use the Test system to demonstrate SAP Best Practice processes.