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 [Q12-Q36]

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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

Explanation
To 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/f7a9d7c86f4740a09ed5d3c398

Q13. 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

Explanation
SAP 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-US

Q14. Which types of datasets are required for predictive scenarios? (Choose two.)

Active Dataset

Application Dataset (output)

Training Dataset

Testing Dataset

Explanation
Training 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/f2db0ee54bb94daeb2da059eaa538

Q15. 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

Explanation
You 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/bf3d6e0c6f4740a09ed5d3c398

Q16. In which implementation phase do you perform data load preparation?

Prepare

Realize

Explore

Deploy

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. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9d1d6e0c6f4740a09ed5d3c398

Q17. Which tools support your customer to reduce days sales outstanding? 3 answers

Collections Management

Credit Management

Dispute Management

Funds Management

Treasury Management

Explanation
Collections 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/f7a9d7c86f4740a09ed5d3c398

Q18. 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

Explanation
When 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-US

Q19. 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

Explanation
The 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/7e30637d0a0545f99f6a65242a

Q20. Which of the following fields is maintained on the general data segment of the customer businesspartner?

House bank

Bank key

Lockbox

Payment method supplement

Explanation
Payment 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-US

Q21. 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

Explanation
The 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/f7a9d7c86f4740a09ed5d3c398

Q22. 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

Explanation
Communication 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/f7a9d7c86f4740a09ed5d3c398

Q23. 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

Explanation
Deposit 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/b6e2e2e06e4946ecad2ab27af38

Q24. 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

Explanation
You 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-US

Q25. 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

Explanation
Some of the reasons you cannot remove a test process from a test plan are:
Data binding exists with another process
The 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-US

Q26. 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

Explanation
Some characteristics of SAP HANA Enterprise Cloud are:
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 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.html

Q27. 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

Explanation
Business 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-US

Q28. SAP Success Factors Employee central Integration
Your 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

Explanation
You 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-US

Q29. 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

Explanation
You can use the Query Builder to perform the following adjustments to queries:
Add, remove, or customize fields in queries
Create parameters to read values from the user settings
Copy a query from an SAP-delivered standard query
Add 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/b6e2e2e06e4946ecad2ab

Q30. 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

Explanation
You 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/b6e2e2e06e4946ecad2ab27af38

Q31. 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

Explanation
If 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-US

Q32. 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)

Explanation
The changes that would prevent SAP from running automated business process tests on your behalf are:
Configuration changes that impact the process flow
Changes 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-US

Q33. 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

Explanation
You 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/f7a9d7c86f4740a09ed5d3c398

Q34. 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.

Explanation
The 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-US

Q35. 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

Explanation
The 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/bf3d6e0c6f4740a09ed5d3c398

Q36. 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

Explanation
The 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 balances
Carry 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

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