SAP Exam 2023 C_S4CFI_2302 Dumps Updated Questions UPDATED Nov-2023
Get The Most Updated C_S4CFI_2302 Dumps To SAP Certified Application Associate Certification
SAP C_S4CFI_2302 is a certification exam for professionals who want to prove their skills and knowledge in the field of finance using SAP S/4HANA Cloud public edition. Certified Application Associate - SAP S/4HANA Cloud public edition - Finance certification is intended for application associates who work with SAP S/4HANA Cloud and want to demonstrate their ability to use its financial functionalities. C_S4CFI_2302 exam tests the candidate's understanding of financial accounting, management accounting, and financial planning and analysis.
NEW QUESTION # 57
Why do you perform realignment in Profitability Analysis (CO-PA)?
- A. To adjust assigned characteristics
- B. To correct exchange rate valuation
- C. To correct posted general ledger accounts
- D. To adjust derived values fields
Answer: A
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 # 58
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. Activate Individual Source Applications
- C. Rebuild flow types in accounting documents
- D. Reassign company codes
Answer: A,B
Explanation:
Before sending cash flows to a SAP S/4HANA Cloud Treasury workstation, you need to complete the following customizing tasks on the sender system:
Convert sender planning groups
Activate Individual Source Applications You do not need to reassign company codes or rebuild flow types in accounting documents on the sender system for this purpose. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_TREASURY_MANAGEMENT/latest/en-US
NEW QUESTION # 59
When can you add relationships in the organizational structure in SAP Central Business Configuration? (Choose two.)
- A. During content activation
- B. Before defining the primary finance settings
- C. After content activation
- D. Before initial content activation
Answer: A,D
NEW QUESTION # 60
In which implementation phase do you perform data load preparation?
- A. Deploy
- B. Prepare
- C. Realize
- D. Explore
Answer: C
Explanation:
Data load preparation is performed in the Realize phase of the implementation project. This phase involves preparing and validating the data migration objects and performing data consistency checks. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9d1d6e0c6f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 61
Master Data Management and Migration
What SAP Fiori app do you use to migrate new bank data to SAP S/4 HANA?
- A. Manage Bank Accounts
- B. Maintain Business Partner
- C. Manage Banks
- D. Manage Your Solution
Answer: A
NEW QUESTION # 62
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 Open Connectors
- B. SAP Cloud Integration Automation Service
- C. SAP Process Orchestration
- D. SAP Cloud Connector
Answer: C,D
NEW QUESTION # 63
Which Key Performance Indicators are available in the Treasury Executive Dashboard in SAPAnalytics Cloud? (Choose two.)
- A. Payments per Company Code
- B. Liquidity by Region
- C. Open Disputes by Country
- D. Counterparty Risk - Utilization Overview
Answer: B,D
NEW QUESTION # 64
In SAP Central Business Configuration, which activities can you perform in the Product-Specific Configuration Phase? Note: There are 3 correct answers to this question.
- A. Add new sales organizations.
- B. Create new scope items.
- C. Change approval thresholds
- D. Modify building blocks
- E. Add blocking reasons for billing.
Answer: C,D,E
Explanation:
The activities that you can perform in the Product-Specific Configuration Phase in SAP Central Business Configuration are:
Modify building blocks
Change approval thresholds
Add blocking reasons for billing These activities allow you to configure and customize your product-specific settings using self-service configuration UIs or expert configuration tools. You cannot use SAP Central Business Configuration to add new sales organizations, create new scope items, or create new business processes. Reference: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US
NEW QUESTION # 65
Which adjustments can be made using the Query Builder? Note: There are 3 correct answers to this question.
- A. Add, remove, or customize fields in queries
- B. Copy a query from an SAP-delivered standard query
- C. Create custom Core Data Services (CDS) views for use in queries
- D. Add business logic to queries
- E. Create parameters to read values from the user settings
Answer: A,B,E
NEW QUESTION # 66
What are customers able to scope in SAP S/4HANA Cloud with Central Business Configuration (CBC)? (Choose three.)
- A. CD Countries where business processes will run
- B. Scope extensions
- C. Non-standard scenarios
- D. Public sector processes
- E. Pre-defined scenario bundles
Answer: A,B,E
Explanation:
Customers can scope pre-defined scenario bundles, scope extensions, and countries where business processes will run in SAP S/4HANA Cloud with Central Business Configuration (CBC). CBC does not support non-standard scenarios or public sector processes. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/5a3c7e1a2a2f4d9dbd6e0a2b1f2b6e3c.html
NEW QUESTION # 67
Which of the following can be transported using the Software Collection apps in SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.
- A. Migration projects
- B. variants and changes
- C. Custom business roles
- D. Custom business objects
Answer: C,D
Explanation:
The following can be transported using the Software Collection apps in SAP S/4HANA Cloud:
Custom business roles
Custom business objects These are examples of custom content that you can create and transport using the Software Collection apps. You cannot transport variants and changes or migration projects using the Software Collection apps. You need to use other tools or apps for those tasks. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 68
Which of the following fields in maintained on the general data segment of the supplier business partner?
- A. Reconciliation account
- B. Pavment termS
- C. Communication language
- D. Tolerance group
Answer: C
NEW QUESTION # 69
Real-Time Reporting and Monitoring
How can business users create new analytics content? 3 answers
- A. Create open core data services (CDS) views
- B. Create new data source via joins of standard data sources
- C. Change existing data sources by adding filters
- D. Change underlying database tables of standard data sources
- E. Create additional key figures in existing data sources
Answer: A,C,E
NEW QUESTION # 70
What hosts the Test Execution Service that drives automated business process testing in SAP S/4HANA Cloud?
- A. Business Technology Platform
- B. SAP HANA Enterprise Cloud
- C. Manage Your Solution app
- D. SAP Cloud Identity
Answer: A
Explanation:
The Test Execution Service that drives automated business process testing in SAP S/4HANA Cloud is hosted on the Business Technology Platform. The Business Technology Platform is an open platform that provides services for data management, analytics, application development, integration, and more. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 71
Which settings does the account group control when creating a new G/L account?
- A. The field status of the field "group account number"
- B. The number range in which the new account can be created
- C. The tax categories you can assign to the account
- D. The G/L account types you can assign to the account
Answer: B
Explanation:
The account group controls the number range in which the new G/L account can be created when creating a new G/L account. The account group defines a four-digit numerical interval that determines which G/L account numbers can be assigned to accounts belonging to that group. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 72
Which of the following details are maintained on the General Data segment of the business partner for a supplier?
- A. Communication Language
- B. Reconciliation Account
- C. Tolerance Group
- D. Payment Terms
Answer: A
NEW QUESTION # 73
Master Data Management and Migration what determinates the set of data migration objects available from the Migrate Your Data application? 2 correct answers
- A. The selected solution scope
- B. The selected target fields
- C. The selected business scenarios
- D. The selected source system
Answer: A,C
Explanation:
The set of data migration objects available from the Migrate Your Data application depends on the selected solution scope and the selected business scenarios that are scoped for the implementation project. The solution scope defines the high-level functional areas that are relevant for your business processes. The business scenarios define the detailed processes that are supported by SAP S/4HANA Cloud. The source system and the target fields do not determine the data migration objects. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 74
How can you post accruals in SAP S/4HANA Cloud? 3 answers
- A. Enter them manually
- B. Use the accrual engine
- C. Use document parking
- D. Use the Microsoft Excel upload
- E. Post a recurring entry
Answer: A,D,E
NEW QUESTION # 75
Which asset characteristic controls if an asset is under construction?
- A. Settlement profile
- B. Asset class
- C. Capitalization date
- D. Depreciation key
Answer: B
NEW QUESTION # 76
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. Business process configuration
- B. Infrastructure management
- C. Technical upgrade installation
- D. Release upgrade planning
Answer: C,D
NEW QUESTION # 77
You reviewed the project scope and identified the corresponding resources. Based on the SAP Activate methodology, which activities must you perform in the Explore phase? Note: There are 2 correct answers to this question.
- A. Use the Quality system to demonstrate SAP Best Practices processes.
- B. Conduct the Digital Discovery Assessment to identify fits and gaps.
- C. Define the organizational structure and chart of accounts
- D. Conduct the Fit-to-Standard analysis to identify fits and gaps.
Answer: B,D
NEW QUESTION # 78
Which tool do you use to change or add business rules and business logic in the key user extensibility scenario?
- A. SAP Cloud Platform
- B. ABAP Workbench
- C. Cloud ABAP Web Editor
- D. Eclipse
Answer: C
Explanation:
You use the Cloud ABAP Web Editor to change or add business rules and business logic in the key user extensibility scenario. The Cloud ABAP Web Editor is a tool that allows you to create and edit custom business objects, custom CDS views, custom code lists, and custom logic using ABAP in SAP S/4HANA Cloud. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html
NEW QUESTION # 79
Which of the following security measures is the customer responsible for?
- A. Application-level user management
- B. Change logging through audit trails
- C. Deactivation of SAP administrative users
- D. API management
Answer: A
Explanation:
One of the security measures that the customer is responsible for is application-level user management. Application-level user management is the process of creating and maintaining users and assigning them to business roles and catalogs that define their access rights and authorizations in the system. Change logging through audit trails, deactivation of SAP administrative users, and API management are security measures that SAP is responsible for. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 80
Where can you find content to set up an integration if there is no SAP Best Practices content available?
- A. SAP Extensibility Explorer
- B. SAP API Business Hub
- C. SAP Fiori Apps Reference Library
- D. SAP BTP Cockpit
Answer: C
NEW QUESTION # 81
Which activities are completed in SAP Central Business Configuration? Note: There are 2 correct answers to this question.
- A. Activate countries not covered by SAP Best Practices.
- B. Add customer-specific data within SAP Best Practices content.
- C. Add extensions to standard processes.
- D. Create customer-specific master data.
Answer: B,C
Explanation:
The activities that are completed in SAP Central Business Configuration are:
Add extensions to standard processes
Add customer-specific data within SAP Best Practices content SAP Central Business Configuration is a tool that allows you to configure and customize your SAP S/4HANA Cloud solution using predefined content and settings. You cannot use SAP Central Business Configuration to create customer-specific master data, activate countries not covered by SAP Best Practices, or create new business processes. Reference: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US
NEW QUESTION # 82
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SAP C_S4CFI_2302 certification exam is designed to validate the knowledge and skills of the candidates in the area of SAP S/4HANA Cloud public edition - Finance. C_S4CFI_2302 exam assesses the proficiency of the individuals in various aspects of financial management, including financial accounting, management accounting, financial closing, and financial planning. Certified Application Associate - SAP S/4HANA Cloud public edition - Finance certification exam is intended for professionals who aspire to work in the finance domain and are seeking to enhance their knowledge and skills in the field of SAP S/4HANA Cloud public edition.
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