C-S4CFI-2408 Training Courses | C-S4CFI-2408 Exam Consultant

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q40-Q45):

NEW QUESTION # 40
What tools enable non-developers to create low/no-code extensions? Note: There are 2 correct answers to this question

A. SAP Business Application Studio
B. SAP Fiori extensibility apps
C. SAP Cloud SDK
D. SAP Build

Answer: B,D

Explanation:
SAP Build and SAP Fiori extensibility apps are tools that enable non-developers to create low/no-code extensions within the SAP ecosystem. SAP Build offers a suite of tools that allow users to design, prototype, and deploy applications without deep technical knowledge, embracing a low-code approach. SAP Fiori extensibility apps provide a user-friendly interface to adapt and enhance existing SAP Fiori apps to meet specific business needs, enabling key users to modify app behaviors, add new fields, or change layouts without requiring traditional development skills.
References:
SAP Build platform overview
SAP Fiori extensibility documentation

NEW QUESTION # 41
What are the restrictions when posting general journal entries to special periods?
Note: There are 2 correct answers to this question.

A. You must specify a posting date in the last period of the fiscal year
B. You must use the document type YE (year-end)
C. You must manually enter the specific special period you are posting to
D. You must only post to balance sheet accounts

Answer: C,D

Explanation:
Comprehensive and Detailed in Depth Explanation:Special periods in SAP S/4HANA Cloud (e.g., 13-16) have posting restrictions.
* B:Correct. The special period must be explicitly specified.
* C:Correct. Only balance sheet accounts are typically allowed for adjustments.
* A, D:Incorrect. Document type YE and last period date are not mandatory.References:SAP Help Portal
- "Special Periods Posting."

NEW QUESTION # 42
What do you use to collect the values that are entered into the configuration activities in SAP Central Business Configuration?

A. Availability and Dependencies of Solution Process Excel
B. SAP Cloud ALM Processes app
C. SAP Cloud ALM Requirements app
D. Business Driven Configuration Questionnaire

Answer: D

Explanation:
Comprehensive and Detailed in Depth Explanation:Configuration values are gathered early in SAP CBC.
* A:Correct. BDCQ collects configuration inputs.
* B, C, D:Incorrect. These are tracking or reference tools.References:SAP Help Portal - "SAP Central Business Configuration."

NEW QUESTION # 43
Where is the initial list of known integrations documented?

A. In the Business Driven Configuration Questionnaire
B. In SAP Cloud ALM
C. In the Fit-to-Standard Workshops
D. In the Digital Discovery Assessment

Answer: D

NEW QUESTION # 44
You have a bank account in foreign currency. During the period you have posted various deposits to and withdrawals from the account. After the foreign currency valuation run, how does the system evaluate the balance of this account?

A. In foreign currency, with no need for conversion.
B. In foreign currency, converted to local currency on a statistical ledger.
C. in local currency, with the exchange rate valid on the last day of the period
D. In local currency, with the exchange rate valid for each transaction

Answer: C

Explanation:
For a bank account in foreign currency, the SAP S/4HANA Cloud system evaluates the balance of this account in local currency using the exchange rate valid on the last day of the period during the foreign currency valuation run. This approach ensures that the financial statements reflect the most current value of foreign currency balances in terms of the local currency, accounting for any fluctuations in exchange rates throughout the period. This valuation is essential for accurate financial reporting and risk management.
References:
SAP S/4HANA Cloud Finance documentation on foreign currency valuation
Guidelines for currency valuation in SAP Financial Accounting

NEW QUESTION # 45
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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q40-Q45):

Free PDF Quiz SAP - C-S4CFI-2408 - Marvelous SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Training Courses

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