[2023] C_S4CFI_2302 by SAP Certified Application Associate Actual Free Exam Practice Test
Free SAP Certified Application Associate C_S4CFI_2302 Exam Question
SAP C-S4CFI-2302 exam is a comprehensive exam that covers a wide range of topics related to SAP S/4HANA Cloud Finance. C_S4CFI_2302 exam tests the candidate's ability to configure and implement SAP S/4HANA Cloud Finance modules, as well as their knowledge of financial accounting, management accounting, cash management, and financial planning and analysis. C_S4CFI_2302 exam is designed to assess the candidate's skills and knowledge in a practical and application-oriented manner.
NEW QUESTION # 56
You need to integrate the headquarters of a company running on SAP S/4HANA with a subsidiary running on SAP S/4HANA Cloud. In a 2-tier ERP scenario, which integration technologies can you use? Note: There are 2 correct answers to this question.
- A. SAP Cloud Connector
- B. SAP Cloud Integration Automation Service
- C. SAP Open Connectors
- D. SAP Process Orchestration
Answer: A,D
NEW QUESTION # 57
When a customer has a cloud-centric landscape, which technologies should you use to integrate SAP S/4HANA Cloud with another SAP Cloud solution? Note: There are 2 correct answers to this question When a customer has a cloud-centric landscape, which technologies should you use to integrate
- A. Predelivery APIs
- B. SAP S/4HANA Cloud with another SAP Cloud solution? Note: There are 2 correct answers to this question.
- C. SAP Cloud Connector
- D. SAP Process Orchestration
Answer: A,D
Explanation:
When a customer has a cloud-centric landscape, you should use the following technologies to integrate SAP S/4HANA Cloud with another SAP Cloud solution:
SAP Cloud Connector
Predelivery APIs SAP Cloud Connector is a tool that allows you to establish secure connections between SAP S/4HANA Cloud and other SAP Cloud solutions using cloud-to-on-premise integration scenarios. Predelivery APIs are application programming interfaces that allow you to access and exchange data between SAP S/4HANA Cloud and other SAP Cloud solutions using standard protocols and formats. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 58
What are some services SAP delivers as part of the RISE with SAP S/4HANA Cloud solution? Note: There are 2 correct answers to this question.
- A. Technical upgrade installation
- B. Infrastructure management
- C. Business process configuration
- D. Release upgrade planning
Answer: C,D
Explanation:
Some services that SAP delivers as part of RISE withSAP S/4HANACloud solution are:
Release upgrade planning
Business process configuration
RISE withSAP S / 4 HANACloudis an offering that provides customers with everything they need to transform their business withSAP S / 4 HANACloud , such as subscription licenses , implementation services , cloud infrastructure , embedded analytics , etc
NEW QUESTION # 59
Why do you perform realignment in Profitability Analysis (CO-PA)?
- A. To adjust derived values fields
- B. To correct exchange rate valuation
- C. To adjust assigned characteristics
- D. To correct posted general ledger accounts
Answer: C
Explanation:
Realignment in Profitability Analysis (CO-PA) is used to adjust assigned characteristics, such as customer group or product hierarchy, based on changes in master data or derivation rules. Realignment does not affect general ledger accounts, exchange rate valuation, or derived value fields. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9e9a7e16afef4cc0ad2ab27af385aa72.html
NEW QUESTION # 60
Which types of datasets are required for predictive scenarios? (Choose two.)
- A. Training Dataset
- B. Testing Dataset
- C. Application Dataset (output)
- D. Active Dataset
Answer: A,C
NEW QUESTION # 61
Which technology is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications?
- A. SAP Change and Transport System
- B. SAP Landscape Transformation Replication Server
- C. SQL Connect function
- D. Direct connectivity
Answer: D
Explanation:
Direct connectivity is the technology that is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications. Direct connectivity allows you to establish secure connections between SAP S/4HANA Cloud and other systems using HTTPS or RFC protocols. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/0c7d0a8a9f9e4d1f9a0c3c8e1f6b3e2d.html
NEW QUESTION # 62
Which of the following entities deals with processing the bank account statement and journal entries for bank / credit card settlement accounts?
- A. Point of Sale Systems
- B. Contract Accounting
- C. SAP Digital Payments add-on
- D. Financial Accounting
Answer: D
Explanation:
Financial Accounting is the entity that deals with processing the bank account statement and journal entries for bank / credit card settlement accounts. Financial Accounting handles all transactions related to bank accounts and payments. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 63
SAP Activate for SAP S/4HANA Cloud Methodology and Best Practice
What does SAP provide to customers to accelerate the implementation process for S/4HN Cloud?
- A. SAP Ledonardo
- B. ASAP
- C. Rapid Application Development
- D. SAP Activate
Answer: D
Explanation:
SAP provides SAP Activate to customers to accelerate the implementation process for S/4HN Cloud. SAP Activate is a methodology that combines guided configuration, best practices, and proven implementation approaches for a fast and successful deployment of SAP S/4HANA Cloud. Reference: https://help.sap.com/viewer/product/SAP_ACTIVATE/latest/en-US
NEW QUESTION # 64
You are configuring cash operations.
To which object do you assign the cash management flow types?
- A. Bank account types
- B. General ledger accounts
- C. Planning levels
- D. Liquidity items
Answer: B
NEW QUESTION # 65
What are semantic tags used for in SAP S/4HANA Cloud?
- A. To report on differing valuation versions
- B. To separate local and international accounts
- C. To indicate the functional areas in which costs are incurred
- D. To calculate KPI's in analytics reports
Answer: D
NEW QUESTION # 66
Which activity do you perform during the data load preparation?
- A. Fill in migration templates with legacy data
- B. Define specifications for data extraction on legacy system
- C. Simulate data load in the new cloud system
- D. Resolve data issues from the simulation process
Answer: D
NEW QUESTION # 67
Which tool do you use to run the SAP Cloud Integration Automation Service for SAP S/4HANA Cloud?
- A. SAP Activate Roadmap
- B. SAP Solution Manager
- C. SAP Best Practices Explorer
- D. SAP Maintenance Planner
Answer: C
Explanation:
You use the SAP Best Practices Explorer to run the SAP Cloud Integration Automation Service for SAP S/4HANA Cloud. The SAP Best Practices Explorer is a web-based tool that allows you to discover and consume predefined integration content for connecting SAP S/4HANA Cloud with other SAP Cloud solutions. The SAP Cloud Integration Automation Service is a tool that allows you to discover, configure, and deploy predefined integration content for connecting SAP S/4HANA Cloud with other SAP Cloud solutions. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 68
Witch you activates can you perform when you use general ledger accounting in SAP S/4 HANA Cloud? 2 answers
- A. Post to the financial statement version
- B. Carry out recurring entries
- C. Display general ledger items, documents and good balances
- D. Release blocked sales orders
Answer: B,C
NEW QUESTION # 69
How do you identify errors in a test plan? Note: There are 2 correct answers to this question.
- A. Review failed process steps.
- B. Review the detailed action log.
- C. Review canceled actions
- D. Re-run the test plan.
Answer: A,C
NEW QUESTION # 70
When do you perform the goods and invoice receipts reconciliation process?
- A. When an invoice is posted, but no goods receipt has been received
- B. When a purchase order is posted, but no invoice has been received
- C. When an invoice is posted, but no relevant purchase order is available
- D. When a purchase order is posted, but no goods receipt has been received
Answer: C
NEW QUESTION # 71
What middleware is used to integrate SAP S/4HANA Cloud with SAP Concur?
- A. SAP Landscape Transformation Replication Server
- B. SAP Cloud Platform Integration
- C. SAP Process Integration
- D. SAP Process Orchestration
Answer: B
Explanation:
SAP Cloud Platform Integration is the middleware that is used to integrate SAP S/4HANA Cloud with SAP Concur. SAP Cloud Platform Integration is a cloud-based service that provides tools and prepackaged integration content for integrating SAP and non-SAP applications. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html
NEW QUESTION # 72
Which of the following details are maintained on the General Data segment of the business partner for a supplier?
- A. Payment Terms
- B. Reconciliation Account
- C. Tolerance Group
- D. Communication Language
Answer: D
Explanation:
Communication language is one of the details that are maintained on the General Data segment of the business partner for a supplier. Communication language determines the language used for correspondence with the supplier. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 73
Your company is engaged in foreign commerce.
As the buyer of goods you are applying for which instrument to secure the transaction?
- A. Bank Guarantee
- B. Zero-Coupon Bond
- C. Commerical Paper
- D. Letter of Credit
Answer: D
Explanation:
A letter of credit is an instrument that you can apply for as a buyer of goods to secure the transaction. A letter of credit is a type of trade finance transaction where a bank guarantees payment to a seller on behalf of a buyer, subject to certain conditions being met. Commercial paper, bank guarantee, and zero-coupon bond are not instruments that you can apply for as a buyer of goods. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html
NEW QUESTION # 74
The credit profile is used to store which information in the customer master data? (Choose two.)
- A. The scoring rules
- B. The customer credit group
- C. The credit decisions
- D. The credit exposure
Answer: B,C
Explanation:
The customer credit group and the credit decisions are two of the information that are stored in the credit profile in the customer master data. The customer credit group determines which customers are checked together for credit limit purposes. The credit decisions record the results of the credit checks performed for the customer. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 75
When setting up integrations with external systems, how many communication arrangements should you create?
- A. One for each external system you want to interface with
- B. One for each communication scenario you are implementing
- C. One for each communication user you intend to use
- D. One for each communication protocol you are using
Answer: B
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. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 76
For which of the following activities is the starter system used?
- A. Run integration testing.
- B. Set up the Test Automation Tool.
- C. Transport the solution configuration to the quality system.
- D. Document delta requirements in the backlog.
Answer: C
NEW QUESTION # 77
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