Valid C_S4CFI_2302 Practice Test Dumps with 100% Passing Guarantee [Jan-2024]
C_S4CFI_2302 PDF Dumps Are Helpful To produce Your Dreams Correct QA's
To prepare for the SAP C-S4CFI-2302 exam, candidates should have a good understanding of financial accounting and management accounting principles. They should also have experience working with SAP S/4HANA Cloud public edition - Finance and should be familiar with the latest trends and technologies in this field. There are many resources available to help candidates prepare for the exam, including study materials, online courses, and practice exams.
NEW QUESTION # 73
Which of the following security measures is the customer responsible for?
- A. Deactivation of SAP administrative users
- B. API management
- C. Application-level user management
- D. Change logging through audit trails
Answer: C
NEW QUESTION # 74
Which of the following security measures is the customer responsible for?
- A. Deactivation of SAP administrative users
- B. API management
- C. Application-level user management
- D. Change logging through audit trails
Answer: C
Explanation:
One of the security measures that the customer is responsible for is application-level user management. Application-level user management is the process of creating and maintaining users and assigning them to business roles and catalogs that define their access rights and authorizations in the system. Change logging through audit trails, deactivation of SAP administrative users, and API management are security measures that SAP is responsible for. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 75
How are analytics capabilities built into SAP S/4HANA Cloud?
- A. They are extended by the user to a dedicated SAP Fiori frontend server
- B. They are installed on a dedicated SAP Fiori frontend server
- C. They are installed as an add-on to the application
- D. They are embedded in the same technical stack as the application
Answer: D
Explanation:
Analytics capabilities are built into SAP S/4HANA Cloud by being embedded in the same technical stack as the application. This means that analytics and transactions share the same data model, user interface, security model, etc., enabling real-time insights and actions without data replication or latency. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 76
Which of the following benefits can be harnessed when using the SAP digital payments add-on?(Choose two.)
- A. Unlimited number of Payment Service Providers
- B. Future proof payment methods
- C. Enhanced credit card number storage
- D. Predictable setup and operation costs
Answer: A,C
NEW QUESTION # 77
You are configuring cash operations.
To which object do you assign the cash management flow types?
- A. Planning levels
- B. Liquidity items
- C. General ledger accounts
- D. Bank account types
Answer: C
NEW QUESTION # 78
Which asset characteristic controls if an asset is under construction?
- A. Depreciation key
- B. Capitalization date
- C. Asset class
- D. Settlement profile
Answer: C
NEW QUESTION # 79
What is a service order in the Service Line of Business?
- A. Outline agreement with a business partner that defines services offered for a particular period..
- B. A confirmation of an agreement between a service provider and service recipient.
- C. Short-term agreement between a service provider and a service recipient with information relevant to the specific service process.
- D. Long-term agreement with a customer that defines the content and scope of services guaranteed within specific tolerance limits for certain parameters (e.g. predefined time frames).
Answer: C
NEW QUESTION # 80
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. Revert to Active
- B. Close the Bank Account
- C. Activate the Bank Account
- D. Delete the Bank Account
Answer: C,D
NEW QUESTION # 81
What are the prerequisites for using the SAP Fiori Test Your Processes app? (Choose two.)
- A. The quality system is connected to the Test Execution Service on SAP Business Technology u Platform
- B. The test scripts are uploaded in the productive system
- C. The productive system is connected to the implementation landscape
- D. SAP Best Practices are activated in the quality system
Answer: A,D
Explanation:
The prerequisites for using the SAP Fiori Test Your Processes app are:
SAP Best Practices are activated in the quality system
The quality system is connected to the Test Execution Service on SAP Business Technology Platform You do not need to connect the productive system to the implementation landscape or upload the test scripts in the productive system for using the app. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 82
Which of the following options is a Contract Type?
- A. Computer
- B. Vehicles
- C. Machinery
- D. Service Contract
Answer: D
NEW QUESTION # 83
You are implementing the Treasury Trading via Trading Platforms functionality.
Which actions can you perform with the Manage Trade Requests App on the SAP Cloud Platform? Note:
There are 2 correct answers to this question.
- A. Block requests
- B. Create hedge requests
- C. Select transaction rate
- D. Split request
Answer: A,C
Explanation:
You can perform the following actions with the Manage Trade Requests app on the SAP Cloud Platform:
Select transaction rate
Block requests You cannot use this app to create hedge requests or split requests. You need to use other apps such as Hedge Management Cockpit or Hedge Request Overview for those actions. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_TREASURY_MANAGEMENT/latest/en-US
NEW QUESTION # 84
SAP S/4HANA Cloud Configuration and User Management
Which customizing activates are allowed though the self-service configuration Ul? 2 answers
- A. Adaptation of fields within SAP Best Practices content
- B. Addition of new custom fields within SAP Best Practices content
- C. Addition of new SAP Best Practices business process
- D. Deletion of SAP Best Practices content
Answer: A,C
NEW QUESTION # 85
What are the 3 key components of the Intelligent Enterprise SAP offering? (Choose three.)
- A. Intelligent Technologies
- B. Intelligent Enterprise Architecture
- C. Intelligent Data Analytics
- D. Intelligent Suite
- E. Digital Platform
Answer: A,D,E
Explanation:
The 3 key components of the Intelligent Enterprise SAP offering are:
Intelligent Technologies: These are technologies that enable advanced capabilities such as machine learning, blockchain, Internet of Things, etc.
Intelligent Suite: This is a suite of integrated applications that cover core business processes such as ERP, CRM, SCM, etc.
Digital Platform: This is a platform that provides services for data management, analytics, application development, integration, etc. Reference: https://www.sap.com/products/intelligent-enterprise.html
NEW QUESTION # 86
Which substitution types can you configure for journal entry substitution rules? (Choose three.)
- A. Substitute with previous value
- B. Substitute with formula value
- C. Substitute with constant value
- D. Clear field value
- E. Substitute with field value
Answer: A,C,D
NEW QUESTION # 87
What can you use the View Browser app to do?
- A. Create, edit, and delete CDS views
- B. Display custom SAP views irrespective of draft or released status
- C. Get a list of all available analytical CDS views and their artifacts
- D. Launch analytic cloud stories
Answer: C
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. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html
NEW QUESTION # 88
Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?
- A. SAP RealSpend
- B. SAP Cash Application
- C. SAP Multi-Bank Connectivity
- D. SAP Bank Analyzer
Answer: C
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. Reference: https://help.sap.com/viewer/product/SAP_MULTI_BANK_CONNECTIVITY/latest/en-US
NEW QUESTION # 89
Which of the following objects must be available before legacy G/L account balances can be completely migrated in the SAP S/4HANA Cloud system? (Choose two.)
- A. Business partner
- B. Business area
- C. Internal order
- D. Fixed asset
Answer: A,D
Explanation:
Fixed asset and business partner are two of the objects that must be available before legacy G/L account balances can be completely migrated in the SAP S/4HANA Cloud system. These objects are required to assign G/L account balances to fixed assets and business partners during data migration. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html
NEW QUESTION # 90
How can you post accruals in SAP S/4HANA Cloud? 3 answers
- A. Use the accrual engine
- B. Use document parking
- C. Use the Microsoft Excel upload
- D. Enter them manually
- E. Post a recurring entry
Answer: C,D,E
NEW QUESTION # 91
How can you migrate data to SAP S/4HANA Cloud? Note: There are 2 correct answers to this question.
- A. Staging database
- B. File templates
- C. RFC calls
- D. Core Data Services
Answer: A,B
NEW QUESTION # 92
Which settings does the account group control when creating a new G/L account?
- A. The field status of the field "group account number"
- B. The number range in which the new account can be created
- C. The G/L account types you can assign to the account
- D. The tax categories you can assign to the account
Answer: B
Explanation:
The account group controls the number range in which the new G/L account can be created when creating a new G/L account. The account group defines a four-digit numerical interval that determines which G/L account numbers can be assigned to accounts belonging to that group. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US
NEW QUESTION # 93
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The Certified Application Associate - SAP S/4HANA Cloud public edition - Finance (C_S4CFI_2302) is an essential certification exam for finance professionals who work with SAP S/4HANA Cloud. Certified Application Associate - SAP S/4HANA Cloud public edition - Finance certification exam validates the candidate's understanding of the basic concepts and principles of the SAP S/4HANA Cloud public edition - Finance module. C_S4CFI_2302 exam tests the candidate's ability to apply this knowledge to real-world scenarios to solve problems related to finance and accounting.
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