This page was exported from Latest Exam Prep [ http://certify.vceprep.com ] Export date:Sat Dec 14 11:05:55 2024 / +0000 GMT ___________________________________________________ Title: A Fully Updated 2024 C_S4CFI_2308 Exam Dumps - PDF Questions and Testing Engine [Q12-Q36] --------------------------------------------------- A Fully Updated 2024 C_S4CFI_2308 Exam Dumps - PDF Questions and Testing Engine Easy Success SAP C_S4CFI_2308 Exam in First Try Q12. Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? (Choose two.)  Define the tolerance groups for cash flow reconciliation  Set the reconciliation status open in the Cash Flow Analyzer  Activate intraday memo records at the bank account level  Perform the required settings for importing bank statements ExplanationTo reconcile cash flows from intraday bank statements, you need to define the tolerance groups for cash flow reconciliation and perform the required settings for importing bank statements. Tolerance groups define the maximum allowed difference between cash flows from bank statements and clearing documents. Bank statement settings define how bank statements are imported into SAP S/4HANA Cloud. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398Q13. Which of the following consumer applications are integrated out-of-the-box with the payment card process of SAP digital payments add-on? Note: There are 3 correct answers to this question  SAP Cash Application  SAP Real Spend  External Billing  CH Contract Accounting  SAP S/4HANA Cloud for Customer Payments ExplanationSAP Cash Application, External Billing, and SAP S/4HANA Cloud for Customer Payments are three consumer applications that are integrated out-of-the-box with the payment card process of SAP digital payments add-on. These applications allow you to accept and process payment card transactions from your customers using SAP digital payments add-on as a payment service provider. References:https://help.sap.com/viewer/product/SAP_DIGITAL_PAYMENTS_ADDON/latest/en-USQ14. Which types of datasets are required for predictive scenarios? (Choose two.)  Active Dataset  Application Dataset (output)  Training Dataset  Testing Dataset ExplanationTraining Dataset and Testing Dataset are two types of datasets that are required for predictive scenarios.Training Dataset is used to train the predictive model based on historical data. Testing Dataset is used to validate the predictive model based on new data. References:https://help.sap.com/doc/00f68c2e08b941f081002fd3691d86a7/release/en-US/f2db0ee54bb94daeb2da059eaa538Q15. When can you add relationships in the organizational structure in SAP Central Business Configuration?(Choose two.)  Before initial content activation  After content activation  Before defining the primary finance settings  During content activation ExplanationYou can add relationships in the organizational structure in SAP Central Business Configuration after content activation and before defining the primary finance settings. Content activation is required to create an initial organizational structure based on your selected scope items. Primary finance settings are required to finalize your organizational structure and assign company codes. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c398Q16. In which implementation phase do you perform data load preparation?  Prepare  Realize  Explore  Deploy ExplanationData 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. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9d1d6e0c6f4740a09ed5d3c398Q17. Which tools support your customer to reduce days sales outstanding? 3 answers  Collections Management  Credit Management  Dispute Management  Funds Management  Treasury Management ExplanationCollections Management, Credit Management, and Dispute Management are three tools that support your customer to reduce days sales outstanding. These tools allow you to monitor and manage your customer’s credit risk, payment behavior, and dispute cases effectively and efficiently. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398Q18. When setting up integrations with external systems, how many communication arrangements should you create?  One for each communication user you intend to use  One for each communication scenario you are implementing  One for each communication protocol you are using  One for each external system you want to interface with ExplanationWhen setting up integrations with external systems, you should create one communication arrangement for each communication scenario you are implementing. A communication arrangement is a configuration that defines how your system communicates with an external system using a specific communication scenario. A communication scenario is a predefined integration content that describes the inbound and outbound communication between your system and an external system using a specific communication protocol and interface. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-USQ19. What can you use the Query Browser app to do? (Choose two.)  View authorized published queries  Create your own tags for CDS views  Create and publish a query  Modify an SAP-created analytical query ExplanationThe Query Browser app allows you to view authorized published queries that are based on CDS views. You can also create and publish your own queries using the app, if you have the required authorizations and roles.References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242aQ20. Which of the following fields is maintained on the general data segment of the customer businesspartner?  House bank  Bank key  Lockbox  Payment method supplement ExplanationPayment method supplement is one of the fields that is maintained on the general data segment of the customer business partner. Payment method supplement determines additional information for payment transactions such as payment card type or payment card number. References:https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-USQ21. You implemented parallel ledgers and posted an integrated asset acquisition with a supplier Which generated document updates all accounting principles?  Clearing document  Operational document  Valuation document  Controlling document ExplanationThe operational document is the generated document that updates all accounting principles when you post an integrated asset acquisition with a supplier. The operational document contains the postings for all ledgers and accounting principles in a single document. The clearing document, the valuation document, and the controlling document do not update all accounting principles. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398Q22. Which of the following details are maintained on the General Data segment of the business partner for a supplier?  Tolerance Group  Communication Language  Payment Terms  Reconciliation Account ExplanationCommunication language is one of the details that are maintained on the General Data segment of the business partner for a supplier. Communication language determines the language used for correspondence with the supplier. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398Q23. 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?  Bilateral facility  Deposit at notice  Cash flow transaction  Commercial paper ExplanationDeposit at notice is a financial transaction that involves a repayment at the end of the contract with no interest payments made during the term. Deposit at notice is a type of money market transaction where one party deposits funds with another party for an indefinite period, subject to a notice period for withdrawal.References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af38Q24. In which scenario would you use Read Access Logging (RAL) to determine the information?  If a business user accessed data in a custom field of an application  If a business user accessed a business partner’s personal data  If a business user has restrictions when accessing data in an application  If the authorizations for a business user are missing or insufficient ExplanationYou would use Read Access Logging (RAL) to determine if a business user accessed a business partner’s personal data. RAL is a tool that allows you to monitor and log read access to sensitive data in your system, such as personal data of customers or employees. RAL helps you comply with data protection regulations and audit requirements. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-USQ25. What are some reasons you cannot remove a test process from a test plan? Note: There are 2 correct answers to this question.  The test plan user has not been created yet.  Data binding exists with another process.  The test process has not been made visible  The test plan has already been executed ExplanationSome of the reasons you cannot remove a test process from a test plan are:Data binding exists with another processThe test plan has already been executed These reasons prevent you from deleting a test process from a test plan because they would affect the integrity and validity of the test results. The test plan user not being created yet or the test process not being made visible do not prevent you from removing a test process from a test plan. References:https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-USQ26. What are some characteristics of SAP HANA Enterprise Cloud? Note: There are 3 correct answers to this question.  It is an Infrastructure as a Service (IaaS) plus managed services  Services include provisioning, patching, and upgrading.  Customers can bring their own licensed SAP applications.  It is a Platform as a Service (PaaS) plus managed services.  SAP runs your application in a shared environment ExplanationSome characteristics of SAP HANA Enterprise Cloud are:It is an Infrastructure as a Service (IaaS) plus managed servicesServices include provisioning, patching, and upgradingCustomers can bring their own licensed SAP applications SAP HANA Enterprise Cloud is a private cloud service that offers dedicated infrastructure and managed services for running mission-critical applications such as SAP S/4HANA on top of SAP HANA database technology. References:https://www.sap.com/products/hana-enterprise-cloud.htmlQ27. Which function of SAP Financial Statement Insight utilizes machine learning?  Visualization of account group performance  Business exception detection  Dynamic adaptation of hierarchical structures  Flexible comparisons across multiple characteristics ExplanationBusiness exception detection is one of the functions of SAP Financial Statement Insight that utilizes machine learning. Business exception detection is a feature that identifies and highlights unusual patterns or outliers in financial data based on machine learning algorithms. Visualization of account group performance, dynamic adaptation of hierarchical structures, and flexible comparisons across multiple characteristics are not functions that utilize machine learning. References:https://help.sap.com/viewer/product/SAP_FINANCIAL_STATEMENT_INSIGHT/latest/en-USQ28. SAP Success Factors Employee central IntegrationYour SAP S/4HANA Cloud system is integrated with SAP SuccessFactors Employee Central Where can you update the address details of an employee manually?  In the business partner master record in SAP S/4HANA Cloud  In the employee master record in SAP SuccessFactors  In the supplier master record in SAP S/4HANA Cloud  In the user master record in SAP SuccessFactors ExplanationYou can update the address details of an employee manually in the employee master record in SAP SuccessFactors. SAP SuccessFactors is the leading system for employee data and address details are part of the employee master data. You cannot update address details in the business partner master record, the supplier master record, or the user master record in SAP S/4HANA Cloud. References:https://help.sap.com/viewer/product/SAP_SUCCESSFACTORS_EMPLOYEE_CENTRAL/latest/en-USQ29. Which adjustments can be made using the Query Builder? Note: There are 3 correct answers to this question.  Add, remove, or customize fields in queries  Create parameters to read values from the user settings  Create custom Core Data Services (CDS) views for use in queries  Copy a query from an SAP-delivered standard query  Add business logic to queries ExplanationYou can use the Query Builder to perform the following adjustments to queries:Add, remove, or customize fields in queriesCreate parameters to read values from the user settingsCopy a query from an SAP-delivered standard queryAdd business logic to queries You cannot use the Query Builder to create custom Core Data Services (CDS) views for use in queries. You need to use the Custom CDS Views app for that purpose.References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2abQ30. What can you use the View Browser app to do?  Create, edit, and delete CDS views  Launch analytic cloud stories  Display custom SAP views irrespective of draft or released status  Get a list of all available analytical CDS views and their artifacts ExplanationYou can use the View Browser app to get a list of all available analytical CDS views and their artifacts, such as query name, description, business area, etc. You can also use this app to display custom SAP views irrespective of draft or released status, but you cannot use it to create, edit, or delete CDS views, launch analytic cloud stories, or add business logic to queries. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af38Q31. Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?  SAP Cash Application  SAP Multi-Bank Connectivity  SAP RealSpend  SAP Bank Analyzer ExplanationIf a customer wants to simplify the process of outgoing payment management, you should recommend SAP Multi-Bank Connectivity as an offering. SAP Multi-Bank Connectivity is a cloud-based solution that allows customers to connect with multiple banks and payment service providers through a single channel and manage their payments efficiently and securely. References:https://help.sap.com/viewer/product/SAP_MULTI_BANK_CONNECTIVITY/latest/en-USQ32. Which of the following changes would prevent SAP from running automated business process tests on your behalf? Note: There are 2 correct answers to this question.  SAP-made changes to the standard test process  Configuration changes that impact the process flow  Changes to the SAP S/4HANA Cloud release (upgrade)  Changes to the data input requirements (custom data fields) ExplanationThe changes that would prevent SAP from running automated business process tests on your behalf are:Configuration changes that impact the process flowChanges to the data input requirements (custom data fields) These changes would require manual adjustments to the test scripts or data sets to ensure that they match your customized solution.SAP-made changes to the standard test process or changes to the SAP S/4HANA Cloud release (upgrade) do not prevent SAP from running automated business process tests on your behalf, as they would be reflected in the predefined test content. References:https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-USQ33. When do you perform the goods and invoice receipts reconciliation process?  When a purchase order is posted, but no goods receipt has been received  When a purchase order is posted, but no invoice has been received  When an invoice is posted, but no relevant purchase order is available  When an invoice is posted, but no goods receipt has been received ExplanationYou perform the goods and invoice receipts reconciliation process when an invoice is posted, but no goods receipt has been received. This process allows you to compare the invoice amount with the purchase order amount and identify any discrepancies or missing goods receipts. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398Q34. What is the purpose of the Test Automation Tool?  Performs actions in a simulated user interface on behalf of the assigned test user.  Provides information on your actual tenant configuration.  Provides information on the business app(s) to be used for testing  Populates business data for each testscreen. ExplanationThe purpose of the Test Automation Tool is to perform actions in a simulated user interface on behalf of the assigned test user. The Test Automation Tool is a tool that allows you to execute predefined or custom test scripts for business process testing in your system. The Test Automation Tool does not provide information on your actual tenant configuration, the business app(s) to be used for testing, or populate business data for each test screen. You need to use other tools or apps for those tasks. References:https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-USQ35. Which functionalities are supported by the SAP Fiori Test Your Processes app? (Choose two.)  Remediate failed test scenarios  Import custom test plans  Migrate test plans for execution  Create or change test plans ExplanationThe Test Your Processes app supports the functionalities of remediating failed test scenarios and creating or changing test plans. You can use the app to execute predefined test plans or create your own test plans based on your business processes. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c398Q36. Witch you activates can you perform when you use general ledger accounting in SAP S/4 HANA Cloud? 2 answers  Display general ledger items, documents and good balances  Post to the financial statement version  Carry out recurring entries  Release blocked sales orders ExplanationThe activities that you can perform when you use general ledger accounting in SAP S/4 HANA Cloud are:Display general ledger items, documents and good balancesCarry out recurring entries You cannot post to the financial statement version or release blocked sales orders using general ledger accounting in SAP S / 4HANA Cloud. References:https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d Loading … C_S4CFI_2308 Study Material, Preparation Guide and PDF Download: https://www.vceprep.com/C_S4CFI_2308-latest-vce-prep.html --------------------------------------------------- Images: https://certify.vceprep.com/wp-content/plugins/watu/loading.gif https://certify.vceprep.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2024-08-13 11:20:50 Post date GMT: 2024-08-13 11:20:50 Post modified date: 2024-08-13 11:20:50 Post modified date GMT: 2024-08-13 11:20:50