Quiz SAP - Updated C-S4CFI-2504 - New SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Exam Papers

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SAP C-S4CFI-2504 Exam Syllabus Topics:

Topic	Details
Topic 1	Asset Accounting: This section covers tracking and managing the lifecycle of fixed assets within SAP.
Topic 2	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 3	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 4	Payables Management: This section includes handling vendor-related transactions such as invoicing and payments.
Topic 5	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 6	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 7	Receivables Management: This section covers managing customer invoices, incoming payments, and credit processes.
Topic 8	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.

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q61-Q66):

NEW QUESTION # 61
A fixed asset you ordered is delivered but is not activated. What could be the reason?

A. The asset is only activated with the invoice. It is a valuated goods receipt.
B. The asset is only activated with the invoice. It is a non-valuated goods receipt
C. The asset accountant did not enter the activation date in the asset master record
D. The asset is only activated upon payment. Itis a valuated goods receipt.

Answer: B

NEW QUESTION # 62
You have assigned a business role to an end user who has been granted access to only one specific application. While you have a day off, it turns out that the app doesn't show up on the user's launchpad. What can the user do?

A. Create a page and assign it to the launchpad space
B. Assign a different business role that provides access
C. Use the search function to find the app
D. Assign a launchpad space to the business role

Answer: C

Explanation:
Comprehensive and Detailed in Depth Explanation:
End users have limited self-service options.
A: Correct. Search can locate apps if assigned but not visible.
B, C, D: Incorrect. These require admin access.

NEW QUESTION # 63
In SAP Advanced Financial Closing, you try to generate a task list but receive an error from the consistency check. What could cause this?
Note: There are 2 correct answers to this question.

A. Missing task assignments in folders
B. Missing user assignments for tasks
C. Missing organizational unit assignments in folders
D. Missing factory calendar assignment for tasks

Answer: C,D

Explanation:
Comprehensive and Detailed in Depth Explanation:
SAP Advanced Financial Closing requires consistent task list setup.
B: Correct. Factory calendar is mandatory for scheduling.
D: Correct. Organizational units must be assigned to folders.
A, C: Incorrect. User and task assignments are optional or checked later.

NEW QUESTION # 64
When do you specify the data retention period in SAP S/4HANA Migration Cockpit?

A. When the project status is "In progress"
B. When the project status is "Not started"
C. When the project status is "Finished"
D. When the project status is "Completed"

Answer: B

Explanation:
Comprehensive and Detailed in Depth Explanation:
In the SAP S/4HANA Migration Cockpit, the data retention period determines how long migration data (e.g., staging tables or files) is retained before being archived or deleted, aligning with data governance and compliance requirements.
Option A (When the project status is "Not started"): Correct. The retention period is defined during the initial setup of a migration project in the Migration Cockpit, before any data is loaded or processed. This is part of the project configuration in the "Create Project" step, ensuring clarity on data lifecycle management from the outset.
Option B (When the project status is "Finished"): Incorrect. By the "Finished" stage, migration activities are complete, and the retention period is already in effect-changes are no longer allowed.
Option C (When the project status is "In progress"): Incorrect. While adjustments can be made during "In progress," the retention period is a foundational setting established earlier.
Option D (When the project status is "Completed"): Incorrect. "Completed" is not a standard status in the Migration Cockpit; "Finished" is the final status, and retention is predefined.

NEW QUESTION # 65
At which point in the integrated sales process is a balance sheet-relevant accounting document created?

A. Sales order creation
B. Quotation
C. Sales order confirmation
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 # 66
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QUIZ SAP - UPDATED C-S4CFI-2504 - NEW SAP CERTIFIED ASSOCIATE - IMPLEMENTATION CONSULTANT - SAP S/4HANA CLOUD PUBLIC EDITION, FINANCIAL ACCOUNTING EXAM PAPERS

Quiz SAP - Updated C-S4CFI-2504 - New SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Exam Papers