Real C_S4CFI_2208 Dumps - SAP Correct Answers updated on 2023 [Q30-Q48]

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SAP Certified Application Associate C_S4CFI_2208 Exam Practice Dumps


SAP C_S4CFI_2208 certification exam covers a wide range of topics, including financial accounting configurations, management accounting configurations, financial closing and reporting, and financial operations. Candidates should be able to demonstrate their abilities in these areas through practical experience and knowledge of SAP S/4HANA Cloud systems.


SAP C-S4CFI-2208 certification exam is a valuable certification for individuals who want to enhance their career in SAP S/4HANA Cloud Finance. Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation certification validates the candidate's knowledge and skills in implementing SAP S/4HANA Cloud Finance solutions and is recognized globally. Candidates can prepare for the exam by taking SAP's recommended training courses and using other resources available online.

 

NEW QUESTION # 30
Why do you perform realignment in Profitability Analysis (CO-PA)?

  • A. To correct posted general ledger accounts
  • B. To correct exchange rate valuation
  • C. To adjust derived values fields
  • D. To adjust assigned characteristics

Answer: D


NEW QUESTION # 31
Your customer wants to simplify the process of outgoing payment management.
Which offering do you recommend?

  • A. SAP Bank Analyzer
  • B. SAP RealSpend
  • C. SAP Cash Application
  • D. SAP Multi-Bank Connectivity

Answer: D


NEW QUESTION # 32
For which activity do you use SAP S/4HANA Cloud for Credit integration?

  • A. Calculate a customer's real-time credit limit based on manual credit rating
  • B. Import customer credit ratings from external credit rating agencies
  • C. Calculate the customer's average days of sales outstanding in a collection group
  • D. Report on customer credit positions with the help of checks

Answer: B


NEW QUESTION # 33
What is a service order in the Service Line of Business?

  • A. Short-term agreement between a service provider and a service recipient with information relevant to the specific service process.
  • B. Long-term agreement with a customer that defines the content and scope of services guaranteed within specific tolerance limits for certain parameters (e.g. predefined time frames).
  • C. A confirmation of an agreement between a service provider and service recipient.
  • D. Outline agreement with a business partner that defines services offered for a particular period..

Answer: A


NEW QUESTION # 34
How does an implementation consultant support the customer during Fit-to-Standard workshops? Note: There are 2 correct answers to this question.

  • A. Highlight gaps that require decisions on configuration or extensibility.
  • B. Determine set up instructions for Customer-Driven Integrations.
  • C. Conduct end-user training on all active scope items.
  • D. Demonstrate SAP Best Practices in the starter system.

Answer: A,D

Explanation:
An implementation consultant supports the customer during Fit-to-Standard workshops by demonstrating SAP Best Practices in the starter system and highlighting gaps that require decisions on configuration or extensibility. Fit-to-Standard workshops are collaborative sessions between the customer and the SAP team to validate the fit of the SAP Best Practices content to the customer's business requirements. An implementation consultant demonstrates how the standard processes work in the starter system using predefined scenarios and data. An implementation consultant also highlights any gaps between the standard processes and the customer's requirements that need to be addressed by configuration or extensibility options. An implementation consultant does not determine set up instructions for Customer-Driven Integrations or conduct end-user training on all active scope items during Fit-to-Standard workshops. These are activities that are done in later phases of the project, such as Realize or Deploy.


NEW QUESTION # 35
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?

  • A. Cash flow transaction
  • B. Commercial paper
  • C. Bilateral facility
  • D. Deposit at notice

Answer: B


NEW QUESTION # 36
What can you use the Query Browser app to do? (Choose two.)

  • A. Modify an SAP-created analytical query
  • B. View authorized published queries
  • C. Create your own tags for CDS views
  • D. Create and publish a query

Answer: A,C


NEW QUESTION # 37
Which transition scenario fits a customer who is interested in moving to SAP S/4HANA Cloud, but is not ready for full process redesign?

  • A. Selective Data Transition
  • B. Landscape Transformation
  • C. New Implementation
  • D. System Conversion

Answer: A


NEW QUESTION # 38
What can you use the View Browser app to do?

  • A. Display custom SAP views irrespective of draft or released status
  • B. Get a list of all available analytical CDS views and their artifacts
  • C. Launch analytic cloud stories
  • D. Create, edit, and delete CDS views

Answer: B

Explanation:
You can use the View Browser app to get a list of all available analytical CDS views and their artifacts. A CDS view is a data model that defines how data from one or more tables can be accessed and analyzed in a consistent way. An artifact is a component that is generated from a CDS view, such as an OData service, an analytical query, or a transient provider. You can use the View Browser app to search for CDS views by name, description, or annotation, and view their details, such as data sources, fields, joins, filters, or associations.


NEW QUESTION # 39
What can you use the Query Browser app to do? (Choose two.)

  • A. Create and publish a query
  • B. Create your own tags for CDS views
  • C. Modify an SAP-created analytical query
  • D. View authorized published queries

Answer: A,D

Explanation:
The Query Browser app allows you to view and run analytical queries that you are authorized to access. You can also create your own queries based on existing CDS views and publish them for others to use3. You cannot create your own tags for CDS views or modify an SAP-created analytical query with this app.


NEW QUESTION # 40
Master Data Management and Migration
Which project team is responsible for preparing and performing the master data loads?

  • A. Project leader team
  • B. Basis team
  • C. Implementation team
  • D. Customer project team

Answer: C

Explanation:
The implementation team is responsible for preparing and performing the master data loads in SAP S/4HANA Cloud. The implementation team uses the migration cockpit to upload master data from templates or staging tables to the system. Reference: [Master Data Management and Migration]


NEW QUESTION # 41
The credit profile is used to store which information in the customer master data? (Choose two.)

  • A. The customer credit group
  • B. The credit decisions
  • C. The scoring rules
  • D. The credit exposure

Answer: B,C


NEW QUESTION # 42
You are performing data migration using the SAP S/4HANA Migration Cockpit. The same record exists twice in your upload file. At which stage does the upload of the migration template fail due to the duplicated record?

  • A. Convert Values
  • B. Execute Import
  • C. Simulate Import
  • D. Validate Data

Answer: C

Explanation:
The upload of the migration template fails due to the duplicated record at the Simulate Import stage. The Simulate Import stage is where the system checks the consistency and validity of the data in the migration template before importing it into SAP S/4HANA Cloud. If there are any errors or warnings in the data, such as duplicated records, missing values, or incorrect formats, the system will display them in the log file and prevent you from proceeding to the next stage. You need to correct the errors or warnings in the migration template before you can continue with the import process. The Convert Values stage is where the system converts values from external formats to internal formats, such as currencies, units of measure, or date formats. The Validate Data stage is where the system validates the data against predefined rules and checks for any inconsistencies or errors. The Execute Import stage is where the system imports the data into SAP S/4HANA Cloud after passing all previous stages.


NEW QUESTION # 43
What middleware is used to integrate SAP S/4HANA Cloud with SAP Concur?

  • A. SAP Process Integration
  • B. SAP Process Orchestration
  • C. SAP Landscape Transformation Replication Server
  • D. SAP Cloud Platform Integration

Answer: D

Explanation:
You use SAP Cloud Platform Integration as the middleware to integrate SAP S/4HANA Cloud with SAP Concur. SAP Cloud Platform Integration enables secure data exchange between SAP S/4HANA Cloud and SAP Concur using predefined integration content. Reference: [SAP Concur Integration with SAP S/4HANA Cloud]


NEW QUESTION # 44
Where can you find content to set up an integration if there is no SAP Best Practices content available?

  • A. SAP BTP Cockpit
  • B. SAP Fiori Apps Reference Library
  • C. SAP API Business Hub
  • D. SAP Extensibility Explorer

Answer: B


NEW QUESTION # 45
What is the purpose of the Starter system in the SAP S/4HANA Cloud implementation project?

  • A. To demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements
  • B. To configure the customer's personalized solution for demonstration and testing during the Realize phase
  • C. To demonstrate the customer's personalized solution, including process flows, the organizational structure, and authorizations
  • D. To conduct a blueprint workshop to identify all customer requirements for a completely customized solution

Answer: A

Explanation:
The Starter system is a preconfigured system with the enterprise scope (all lines of business enabled) and business data that aligns with the SAP Best Practices test scripts3. The purpose of the Starter system is to demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements during the Fit-to-Standard Workshop4. The other options are not the purpose of the Starter system.


NEW QUESTION # 46
n SAP Central Business Configuration, what does the "Confirm Scope and Organizational Structure is Completed" milestone trigger in the Implementation Project?

  • A. System 3 Installation of the Quality System
  • B. Installation of the Starter
  • C. Installation of the Production System
  • D. Initial Transport from Quality to Production

Answer: C

Explanation:
The "Confirm Scope and Organizational Structure is Completed" milestone triggers the installation of the Production System in the Implementation Project in SAP Central Business Configuration. The Implementation Project is a project that allows you to configure and activate your SAP S/4HANA Cloud system using a guided and simplified process. The Implementation Project consists of different phases and milestones that indicate the progress and status of your project. The "Confirm Scope and Organizational Structure is Completed" milestone is a milestone that indicates that you have completed the scope selection and organizational structure definition for your SAP S/4HANA Cloud system. When you confirm this milestone, the system will start the installation of the Production System, which is the system that will be used for your live business operations.


NEW QUESTION # 47
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? (Choose two.)

  • A. Split request
  • B. Change of originally traded amount
  • C. Block requests
  • D. Create hedge requests

Answer: A,D


NEW QUESTION # 48
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SAP C_S4CFI_2208 certification exam is a computer-based test that consists of 80 multiple-choice questions. The duration of the exam is 180 minutes, and candidates must achieve a minimum passing score of 64% to earn the certification. C_S4CFI_2208 exam is available in several languages, including English, German, French, Spanish, Japanese, and Chinese.

 

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