2025 UNPARALLELED LATEST C-S4CFI-2504 MATERIAL & RELIABLE SAP CERTIFIED ASSOCIATE - IMPLEMENTATION CONSULTANT - SAP S/4HANA CLOUD PUBLIC EDITION, FINANCIAL ACCOUNTING EXAM QUESTION

2025 Unparalleled Latest C-S4CFI-2504 Material & Reliable SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Exam Question

2025 Unparalleled Latest C-S4CFI-2504 Material & Reliable SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Exam Question

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SAP C-S4CFI-2504 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Receivables Management: This section covers managing customer invoices, incoming payments, and credit processes.
Topic 2
  • Asset Accounting: This section covers tracking and managing the lifecycle of fixed assets within SAP.
Topic 3
  • System Landscapes and Identity Access Management: This section of the exam measures the skills of SAP Implementation Consultants and covers the setup of system environments and the management of user identities and access permissions.
Topic 4
  • Implementing with a Cloud Mindset, Building the Team, and Conducting Fit-to-Standard Workshops: This section measures the skills of SAP Project Managers and introduces the principles of cloud implementation, team roles, and Fit-to-Standard workshop execution.
Topic 5
  • Configuration and the SAP Fiori Launchpad: This section focuses on Fiori Professionals and deals with basic system configuration and navigating the SAP Fiori Launchpad interface.
Topic 6
  • Payables Management: This section includes handling vendor-related transactions such as invoicing and payments.
Topic 7
  • Introduction to Cloud Computing and SAP Cloud ERP Deployment Options: This section explains core cloud computing concepts and SAP S
  • 4HANA Cloud ERP deployment choices.
Topic 8
  • Extensibility and Integration: This domain measures the skill of application consultants and covers how to customize SAP applications and integrate them with external systems.
Topic 9
  • Data Migration and Business Process Testing: This domain measures the skills of SAP Application Consultants and focuses on transferring data to SAP and testing processes to ensure system readiness.

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q19-Q24):

NEW QUESTION # 19
At which point in the integrated sales process is a balance sheet-relevant accounting document created?

  • A. Sales order confirmation
  • B. Sales order creation
  • C. Quotation
  • D. Goods issue

Answer: D

Explanation:
Comprehensive and Detailed in Depth Explanation:
In the SAP S/4HANA Cloud sales process, balance sheet-relevant postings occur when inventory is affected.
D: Correct. Goods issue posts to inventory and expense accounts (e.g., Dr. COGS, Cr. Inventory), impacting the balance sheet.
A, B, C: Incorrect. These steps (confirmation, quotation, sales order) are preliminary and do not generate accounting documents.


NEW QUESTION # 20
When processing manual incoming payments, which of the following options can be used to manage payment differences?
Note: There are 3 correct answers to this question.

  • A. Residual payment
  • B. Partial payment
  • C. Return payment
  • D. Individual value adjustment
  • E. Payment on account

Answer: A,B,E

Explanation:
Comprehensive and Detailed in Depth Explanation:
In SAP S/4HANA Cloud Financial Accounting, managing payment differences during manual incoming payments is a key Accounts Receivable process.
Option C (Residual payment): Correct. Residual payments allow the remaining open amount (difference) to be posted as a new open item, clearing the original invoice partially.
Option D (Partial payment): Correct. Partial payments reduce the open invoice amount without clearing it fully, leaving the balance open.
Option E (Payment on account): Correct. Payments can be posted to the customer's account without clearing specific invoices, often used when the payment cannot be matched.
Option A (Individual value adjustment): Incorrect. This relates to bad debt provisioning, not payment difference management.
Option B (Return payment): Incorrect. This is not a standard SAP term for handling differences; it implies reversing a payment, not managing variances.


NEW QUESTION # 21
You have a bank account in foreign currency. During the period, you have posted various deposits to and withdrawals from the account. After the foreign currency valuation run, how does the system evaluate the balance of this account?

  • A. In foreign currency, converted to local currency on a statistical ledger
  • B. In foreign currency, with no need for conversion
  • C. In local currency, with the exchange rate valid on the last day of the period
  • D. In local currency, with the exchange rate valid for each transaction

Answer: C

Explanation:
Comprehensive and Detailed in Depth Explanation:
Foreign currency valuation in SAP S/4HANA Cloud revalues open items and balances.
A: Correct. The balance is converted to local currency using the period-end rate.
B, C, D: Incorrect. Transaction rates or no conversion do not apply to period-end valuation.


NEW QUESTION # 22
Which of the following analyses can you create from the Manage KPIs and Reports app?
Note: There are 3 correct answers to this question.

  • A. Multidimensional Reports
  • B. Lumira Dashboards
  • C. Review Booklets
  • D. Object Views
  • E. SAC Stories

Answer: A,C,E

Explanation:
Comprehensive and Detailed in Depth Explanation:
The "Manage KPIs and Reports" app supports analytical outputs.
B: Correct. Multidimensional reports are available.
C: Correct. Review booklets for financial analysis.
D: Correct. SAC Stories integrate with analytics.
A, E: Incorrect. Lumira and Object Views are separate tools.


NEW QUESTION # 23
What provides a foundation for the SAP Cloud ERP where integrations and extensions live?

  • A. SAP Discovery Center
  • B. SAP ABAP Environment
  • C. SAP Business Technology Platform
  • D. SAP Business Accelerator Hub

Answer: C

Explanation:
Comprehensive and Detailed in Depth Explanation:
SAP BTP underpins SAP S/4HANA Cloud extensibility.
D: Correct. BTP hosts integrations and extensions.
A, B, C: Incorrect. These are tools or environments, not the foundation.


NEW QUESTION # 24
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