[Jan-2023 Newly Released] Pass C_S4CFI_2208 Exam - Real Questions & Answers [Q24-Q43]

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[Jan-2023 Newly Released] Pass C_S4CFI_2208 Exam - Real Questions and Answers

Pass C_S4CFI_2208 Review Guide, Reliable C_S4CFI_2208 Test Engine


SAP C_S4CFI_2208 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Scope Item Level Implementation and Configuration for Cost Management
  • Scope Item Level Implementation and Configuration for Treasury Management
Topic 2
  • Describe the concepts of Business Process Testing and prepare
  • Perform necessary tasks related to Accounting and Financial Close Scope Items such as J58, 1GA , 1GI, Asset Accounting scope items
Topic 3
  • Describe the SAP Activate Implementation Methodology
  • Perform necessary tasks related to Financial Operations scope items
Topic 4
  • Best praPerform necessary tasks related to Treasury and Risk Management scope itemsctices and Content Lifecycle Management for RISE with SAP S
  • 4HANA Cloud (public)
  • Identify the implementation phases and scope and perform key Guided Configuration
Topic 5
  • Perform necessary tasks related to Cost Management & Profitability Analysis scope items
  • Scope Item Level Implementation and Configuration for Accounting and Financial Close
Topic 6
  • SAP Activate Methodology and Best Practices
  • Describe Expert Configuration
  • Cloud Security, GDPR, and Identity Access Management
Topic 7
  • Describe best practices for managing data migration between release lifecycles
  • Identify Key Solution configuration settings for integration
Topic 8
  • Explain tenants of SAP Cloud security, General Data Protection Regulation (GDPR) requirements
  • Perform core user management in RISE with SAP S
  • 4HANA Cloud
Topic 9
  • Describe the RISE with SAP strategy and the solution scope of SAP S
  • 4HANA Cloud (public)
  • Explain SAP Business Technology Platform Identity Authentication Service
Topic 10
  • Perform necessary tasks related to Treasury and Risk Management scope items
  • Scope Item Level Implementation and Configuration for Financial Operations

 

NEW QUESTION 24
Which of the following details are maintained on the General Data segment of the business partner for a supplier?

  • A. Tolerance Group
  • B. Communication Language
  • C. Payment Terms
  • D. Reconciliation Account

Answer: B

 

NEW QUESTION 25
What are some responsibilities of a Customer Center of Expertise (CCOE)? Note: There are 3 correct answers to this question

  • A. Conduct risk-based assessments to determine the value of activating new processes.
  • B. Ensure the resources necessary for the project's success are available.
  • C. Determine KPIs that will support a continuous improvement mindset.
  • D. Reduce the total cost of ownership for IT.
  • E. Serve as a central contact for SAP and manage interactions with the SAP Service Center.

Answer: A,C,D

 

NEW QUESTION 26
Which characteristic must be unique for each cash journal?

  • A. Business transaction
  • B. Currency
  • C. Tax code
  • D. G/L account

Answer: D

 

NEW QUESTION 27
What determines the set of data migration objects available from the Migrate Your Data application?

  • A. The selected business scenarios
  • B. The selected source system
  • C. The customer legacy system
  • D. The selected target fields

Answer: A

 

NEW QUESTION 28
You have created a new bank account and saved it with status "Inactive".
What action can you perform on the account? Note: There are 2 correct answers to this question.

  • A. Activate the Bank Account
  • B. Close the Bank Account
  • C. Delete the Bank Account
  • D. Revert to Active

Answer: A,C

 

NEW QUESTION 29
The credit profile is used to store which information in the customer master data? (Choose two.)

  • A. The credit exposure
  • B. The credit decisions
  • C. The scoring rules
  • D. The customer credit group

Answer: A,C

 

NEW QUESTION 30
Which tool is used for the liquidity planning in SAP S/4HANA Cloud?

  • A. SAP BPC Optimized for SAP S/4HANA
  • B. SAP Liquidity Planner
  • C. SAP Analytics Cloud
  • D. SAP Integrated Business Planning

Answer: C

 

NEW QUESTION 31
What must you create when you build a communication scenario in SAP S/4HANA Cloud? Note: There are 3 correct answers to this question.

  • A. Communication system
  • B. Communication API
  • C. Communication arrangement
  • D. Communication interface
  • E. Communication user

Answer: A,C,E

 

NEW QUESTION 32
Your customer wants to simplify the process of outgoing payment management.
Which offering do you recommend?

  • A. SAP Cash Application
  • B. SAP Bank Analyzer
  • C. SAP Multi-Bank Connectivity
  • D. SAP RealSpend

Answer: C

 

NEW QUESTION 33
What defines the organizational entities that are required in SAP Central Business Configuration? Note: There are 2 correct answers to this question.

  • A. Added partner content
  • B. System consistency checks
  • C. The selected scope
  • D. The selected deployment target

Answer: B,C

 

NEW QUESTION 34
Which of the following consumer applications are integrated out-of-the-box with the payment card process of SAP digital payments add-on? (Choose three.)

  • A. SAP Cash Application
  • B. Contract Accounting
  • C. SAP Real Spend
  • D. SAP S/4HANA Cloud for Customer Payments
  • E. External Billing

Answer: B,D,E

 

NEW QUESTION 35
When can you add relationships in the organizational structure in SAP Central Business Configuration? (Choose two.)

  • A. During content activation
  • B. After content activation
  • C. Before initial content activation
  • D. Before defining the primary finance settings

Answer: A,C

 

NEW QUESTION 36
What are semantic tags used for in SAP S/4HANA Cloud?

  • A. To report on differing valuation versions
  • B. To separate local and international accounts
  • C. To calculate KPI's in analytics reports
  • D. To indicate the functional areas in which costs are incurred

Answer: C

 

NEW QUESTION 37
Master Data Management and Migration
Which project team is responsible for preparing and performing the master data loads?

  • A. Basis team
  • B. Implementation team
  • C. Project leader team
  • D. Customer project team

Answer: B

 

NEW QUESTION 38
Which data is entered in the asset migration file for each asset master record?

  • A. Cumulative acquisition values in group currency
  • B. Cumulative acquisition values in all currencies
  • C. Accumulated depreciation values in company code currency
  • D. Accumulated depreciation values in group currency

Answer: B

 

NEW QUESTION 39
What can you use the Query Browser app to do? (Choose two.)

  • A. Modify an SAP-created analytical query
  • B. Create your own tags for CDS views
  • C. Create and publish a query
  • D. View authorized published queries

Answer: A,B

 

NEW QUESTION 40
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?

  • A. Deposit at notice
  • B. Bilateral facility
  • C. Commercial paper
  • D. Cash flow transaction

Answer: C

 

NEW QUESTION 41
Which of the following describes a contract object in SAP S/4HANA Cloud for Contract and Lease Management? (Choose two.)

  • A. Real Estate
  • B. Machinery
  • C. Sublease contract
  • D. Service contract

Answer: A,B

 

NEW QUESTION 42
You need to integrate the headquarters of a company running on SAP S/4HANA with a subsidiary running on SAP S/4HANA Cloud. In a 2-tier ERP scenario, which integration technologies can you use? Note: There are 2 correct answers to this question.

  • A. SAP Cloud Connector
  • B. SAP Cloud Integration Automation Service
  • C. SAP Process Orchestration
  • D. SAP Open Connectors

Answer: A,C

 

NEW QUESTION 43
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