Free SAP C-S4CFI-2108 Exam Questions & Answer from Training Expert iPassleader
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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 in‐depth 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 Cost Management & Profitability Analysis 8% - 12% | Perform necessary tasks related to Cost Management & Profitability Analysis scope items such as but not limited to Overhead Cost Accounting (J54) and Profitability and Cost Analysis (J55), amongst others. |
| 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. |
| 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. |
| Business Process Testing < 8% | Describe the concepts of Business Process Testing and prepare and execute a Business Process Test Plan. |
| Scope Item Level Implementation and Configuration for Financial Operations 8% - 12% | Perform necessary tasks related to Financial Operations scope items such as and not limited to Accounts Payable Scope Item (J60), Accounts Receivable Scope Items (J59, BD6, 1QM), amongst others. |
| 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. |
| Integration and Extensibility < 8% | Describe the concepts of extensibility and integration and their implementations. |
| 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). |
| 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 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. |
NEW QUESTION 35
Why do you perform realignment in Profitability Analysis (CO-PA)?
- A. To adjust derived value fields
- B. To adjust assigned characteristics
- C. To correct posted general ledger accounts
- D. To correct exchange rate valuation
Answer: B
NEW QUESTION 36
How are analytics capabilities built into SAP S/4HANA Cloud?
- A. They are extended by the user to a dedicated SAP Fiori frontend server
- B. They are installed as an add-on to the application
- C. They are embedded in the same technical stack as the application
- D. They are installed on a dedicated SAP Fiori frontend server
Answer: C
NEW QUESTION 37
You have created a new bank account and saved it with status "Inactive". What action can you perform on the account?Note: There are 2 correct answers to this question.
- A. Activate the Bank Account
- B. Revert to Active
- C. Close the Bank Account
- D. Delete the Bank Account
Answer: A,C
NEW QUESTION 38
Which function of SAP Financial Statement Insight utilizes machine learning?
- A. Visualization of account group performance
- B. Dynamic adaptation of hierarchical structures
- C. Business exception detection
- D. Flexible comparisons across multiple characteristics
Answer: C
NEW QUESTION 39
What are the 3 key components of the Intelligent Enterprise SAP offering? Note: There are 3 correct answers to this question.
- A. Intelligent Enterprise Architecture
- B. Intelligent Data Analytics
- C. Digital Platform
- D. Intelligent Technologies
- E. Intelligent Suite
Answer: C,D,E
NEW QUESTION 40
Which characteristic must be unique for each cash journal?
- A. Business transaction
- B. Currency
- C. Tax code
- D. G/L account
Answer: D
NEW QUESTION 41
Which of the below pricing types are available within the application "Manage Bank Fee Conditions"?
Note: There are 2 correct answers to this question.
- A. Tier pricing
- B. Bulk pricing
- C. Flat pricing
- D. Group pricing
Answer: A,C
NEW QUESTION 42
Which asset characteristic controls if an asset is under construction?
- A. Asset class
- B. Settlement profile
- C. Capitalization date
- D. Depreciation key
Answer: A
NEW QUESTION 43
After approving a journal entry as a processor, you see the system has marked the posting as failed. How do you resolve this?
- A. Create a new journal entry with the correct data and post it
- B. Ask the requester to correct the journal entry and resubmit it
- C. Correct the indicated errors in the original entry and post it
- D. Ask the requester to create a new entry with the correct data and resubmit it
Answer: B
NEW QUESTION 44
Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? Note: There are 2 correct answers to this question.
- A. String test
- B. Unit test
- C. Business process test
- D. Integration test
Answer: C,D
NEW QUESTION 45
How can you post accruals in SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.
- A. Transfer Purchase Orders into the Accrual Engine
- B. Use Intelligent GR/IR Reconciliation
- C. Post them as manual journal entries
- D. Use Commitments by Cost Center
Answer: A,C
NEW QUESTION 46
Which customizing task on the sender system needs to be completed before sending cash flows to a SAP S/4HANA Cloud Treasury workstation?Note: There are 2 correct answers to this question.
- A. Convert sender planning groups
- B. Rebuild flow types in accounting documents
- C. Activate Individual Source Applications
- D. Reassign company codes
Answer: B,C
NEW QUESTION 47
Which types of datasets are required for predictive scenarios? Note: There are 2 correct answers to this question.
- A. Training Dataset
- B. Active Dataset
- C. Testing Dataset
- D. Apply Dataset
Answer: A,D
NEW QUESTION 48
Which functionalities are supported by the SAP Fiori Test Your Processes app? Note: There are 2 correct answers to this question.
- A. Remediate failed test scenarios
- B. Create or change test plans
- C. Import custom test plans
- D. Migrate test plans for execution
Answer: A,B
NEW QUESTION 49
You are configuring cash operations. To which object do you assign the cash management flow types?
- A. Liquidity items
- B. Planning levels
- C. General ledger accounts
- D. Bank account types
Answer: C
NEW QUESTION 50
Which substitution types can you configure for journal entry substitution rules? Note: There are 3 correct answers to this question.
- A. Substitute with formula value
- B. Substitute with previous value
- C. Substitute with field value
- D. Clear field value
- E. Substitute with constant value
Answer: C,D,E
NEW QUESTION 51
Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?
- A. SAP RealSpend
- B. SAP Multi-Bank Connectivity
- C. SAP Bank Analyzer
- D. SAP Cash Application
Answer: B
NEW QUESTION 52
You want to authenticate employees in SAP Cloud Identity. In which app can you download a .CSV file with the list of users?
- A. Maintain communication users
- B. Maintain business roles
- C. Maintain catalog roles
- D. Maintain business users
Answer: D
NEW QUESTION 53
In which task is the preliminary configuration information gathered to help the configuration experts gain insight into the customer's current processes?
- A. Digital Discovery Assessment
- B. Solution Definition
- C. Fit-to-Standard Workshops
- D. Business Driven Configuration Assessment
Answer: C
NEW QUESTION 54
Which key benefit does the machine learning component of the SAP Cash Application provide?
- A. Preloaded rule-engines with highly specific process knowledge
- B. Predictable outcome using static rules
- C. Finding patterns without explicitly specifying rules
- D. Rule-based automation using clearly defined processes
Answer: C
NEW QUESTION 55
Which of the following benefits can be harnessed when using the SAP digital payments add-on? Note:
There are 2 correct answers to this question.
- A. Predictable setup and operation costs
- B. Unlimited number of Payment Service Providers
- C. Enhanced credit card number storage
- D. Future proof payment methods
Answer: B,C
NEW QUESTION 56
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