Certification C-S4CFI-2504 Training | C-S4CFI-2504 Guaranteed Questions Answers
Certification C-S4CFI-2504 Training | C-S4CFI-2504 Guaranteed Questions Answers
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C-S4CFI-2504 Guaranteed Questions Answers & Certification C-S4CFI-2504 Questions
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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q61-Q66):
NEW QUESTION # 61
In which type of extensibility is the SAP Business Technology Platform used to host a custom extension?
- A. Key user extensibility
- B. Classic extensibility
- C. Side-by-side extensibility
- D. Developer extensibility
Answer: C
Explanation:
Comprehensive and Detailed in Depth Explanation:
SAP BTP hosts external extensions in S/4HANA Cloud.
C: Correct. Side-by-side uses BTP for custom apps.
A, B, D: Incorrect. These are in-app or different approaches.
NEW QUESTION # 62
You need to produce additional financial statements according to local GAAP requirements. Which of the following can help?
- A. Functional area
- B. Journal entry type
- C. Ledger group
- D. Profit center group
Answer: C
Explanation:
Comprehensive and Detailed in Depth Explanation:
Local GAAP compliance often requires parallel accounting.
C: Correct. Ledger groups support multiple accounting principles (e.g., IFRS vs. GAAP).
A, B, D: Incorrect. These do not address GAAP-specific reporting.
NEW QUESTION # 63
You post and match an incoming payment to the incorrect customer account. How can you correct the mistake?
- A. Contact the customer through correspondence
- B. Issue a credit memo to the customer
- C. Change the customer on the payment document
- D. Reset the clearing and reverse the document
Answer: D
Explanation:
Comprehensive and Detailed in Depth Explanation:
Correcting an incorrect payment posting in SAP S/4HANA Cloud involves reversing the erroneous clearing and reprocessing the payment.
Option B (Reset the clearing and reverse the document): Correct. Using the "Reset Cleared Items" function (e.g., via app "Manage Customer Line Items"), you can reset the clearing, then reverse the payment document (FB08 or Fiori app "Reverse Document") and repost it to the correct customer. This is the standard process.
Option A (Change the customer on the payment document): Incorrect. Posted documents cannot be directly edited to change the customer; SAP locks master data fields post-posting.
Option C (Issue a credit memo to the customer): Incorrect. A credit memo addresses overpayments or returns, not misapplied payments.
Option D (Contact the customer through correspondence): Incorrect. This is an operational step, not a system correction method.
NEW QUESTION # 64
In the Managed Fixed Assets app, assets that are created in the database but not activated or deactivated are displayed under which tab?
- A. Draft
- B. Acquired
- C. Saved
- D. Created
Answer: A
Explanation:
Comprehensive and Detailed in Depth Explanation:
In the "Manage Fixed Assets" app, assets in a pre-activation state are tracked separately.
B: Correct. "Draft" tab shows assets created but not yet activated or posted.
A, C, D: Incorrect. These tabs represent different statuses (e.g., "Acquired" is for posted assets).
NEW QUESTION # 65
What are the effects of a goods issue posting?
Note: There are 2 correct answers to this question.
- A. It increases the inventory value
- B. It reduces the inventory values
- C. It generates an invoice for approval
- D. It posts an accounting document
Answer: B,D
Explanation:
Comprehensive and Detailed in Depth Explanation:
A goods issue in SAP S/4HANA Cloud (e.g., via "Post Goods Issue" app) impacts inventory and accounting.
A: Correct. It generates an accounting document (e.g., Dr. COGS, Cr. Inventory).
B: Correct. Inventory value decreases due to stock reduction.
C: Incorrect. Invoices are linked to billing, not goods issue.
D: Incorrect. Goods issue reduces, not increases, inventory value.
NEW QUESTION # 66
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