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  • C_S4CFI_2402: SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting

SAP C_S4CFI_2402 Exam Questions

Exam Name: SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting
Exam Code: C_S4CFI_2402
Related Certification(s):
  • SAP Certified Associate Certifications
  • SAP Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting Certifications
Certification Provider: SAP
Actual Exam Duration: 180 Minutes
Number of C_S4CFI_2402 practice questions in our database: 80 (updated: Jul. 21, 2024)
Expected C_S4CFI_2402 Exam Topics, as suggested by SAP :
  • Topic 1: Performing Asset Accounting Process in SAP S/4HANA: The topic discusses leading features of SAP S/4HANA when carrying out basic processes in the Asset Accounting area.
  • Topic 2: Outlining the Record-to-Report Process in SAP S/4HANA: It discusses SAP suitable practice related concepts and structures of the record to report area.
  • Topic 3: Describing the Receivables Management Process in SAP S/4HANA: This topic outlines fundamental business processes in the Receivables Management area on SAP S/4HANA.
  • Topic 4: Describing the Payables Management Process in SAP S/4HANA: It covers fundamental processes in Payables Management on SAP S/4HANA.
  • Topic 5: Data Migration and Business Process Testing: Migration of data from legacy systems is discussed in this topic.
  • Topic 6: Extensibility and Integration: It discusses customization of applications and processes with extensibility tools.
  • Topic 7: Configuration and the SAP Fiori Launchpad: This topic discusses configuration of business processes with SAP Central Business Configuration.
  • Topic 8: System Landscapes and Identity Access Management: This topic defines system landscapes for implementation.
  • Topic 9: Implementing with a Cloud Mindset, Building the Team, and Conducting Fit-to-Standard Workshops: Implementation with a Cloud Mindset, building the implementation team, and conducting Fit-to-Standard Workshops are addressed in the topic.
  • Topic 10: Introduction to Cloud Computing and SAP Cloud ERP Deployment Options: It covers cloud computing, SAP's enterprise portfolio, and Cloud ERP deployment options.
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Leigha

28 days ago
I passed the SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting exam with the help of Pass4Success practice questions. The exam covered topics like Performing Asset Accounting Process in SAP S/4HANA and Outlining the Record-to-Report Process in SAP S/4HANA. One question that stood out to me was related to the leading features of SAP S/4HANA in Asset Accounting, specifically how depreciation is calculated in the system. Despite being unsure of the answer, I managed to pass the exam.
upvoted 0 times
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Cyril

1 months ago
Financial reporting is a crucial topic in the exam. You might encounter questions on creating custom reports using SAP Fiori. Familiarize yourself with the Report Finder tool and its capabilities. Thanks to Pass4Success, I was well-prepared for these types of questions and passed the exam successfully.
upvoted 0 times
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Alton

1 months ago
Whew, that SAP exam was tough! Grateful for Pass4Success's relevant practice questions. Couldn't have passed without them!
upvoted 0 times
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Terina

2 months ago
Passed the SAP S/4HANA Cloud exam today! Pass4Success's materials were crucial for my quick preparation. Highly recommend!
upvoted 0 times
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Harley

2 months ago
SAP certification achieved! Pass4Success's exam prep was a lifesaver. Passed on my first try thanks to their up-to-date questions.
upvoted 0 times
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Hazel

2 months ago
How does the study syllabus prepare candidates to configure financial accounting settings within SAP S/4HANA Cloud Public Edition?
upvoted 1 times
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Jenifer

3 months ago
Just passed the SAP S/4HANA Cloud Public Edition - Financial Accounting exam! Pass4Success's materials were spot-on and saved me so much time. Thanks!
upvoted 0 times
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armanis

3 months ago
Looks like this certification focuses on implementing SAP S/4HANA Cloud in Financial Accounting. Key areas include Asset Accounting and Record-to-Report Process. It also emphasizes cloud computing and teamwork.
upvoted 1 times
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Free SAP C_S4CFI_2402 Exam Actual Questions

Note: Premium Questions for C_S4CFI_2402 were last updated On Jul. 21, 2024 (see below)

Question #1

Which dimensions can be used to provide complete balance sheet reports? Note: There are 2 correct answers to this question

Reveal Solution Hide Solution
Correct Answer: C, D

To provide complete balance sheet reports in SAP S/4HANA Cloud Public Edition, the dimensions that can be used include Profit Center and Segment. Profit centers allow for the tracking of revenue and expenses by different business units or locations, contributing to the analysis of profitability. Segments enable reporting and analysis based on different business lines or geographical areas, enhancing the granularity of financial reporting. Both dimensions are essential for creating detailed and informative balance sheet reports that reflect the financial position and performance of various parts of the organization.

References:

SAP S/4HANA Cloud Financial Reporting documentation

Best practices for financial segmentation and profitability analysis in SAP


Question #2

You post and match an incoming payment to the incorrect customer account. How can you correct the mistake?

Reveal Solution Hide Solution
Correct Answer: A

If an incoming payment has been posted and matched to the incorrect customer account in SAP S/4HANA Cloud Public Edition, the appropriate action to correct the mistake is to reset the clearing and reverse the document. This process removes the clearing status of the payment, allowing the payment document to be reversed and corrected. This ensures that the payment is accurately reflected in the correct customer account and maintains the integrity of the financial records.

References:

SAP S/4HANA Cloud Accounts Receivable documentation

SAP Financial Accounting user guides on handling payment errors


Question #3

Which dimensions can be used to provide complete balance sheet reports? Note: There are 2 correct answers to this question

Reveal Solution Hide Solution
Correct Answer: C, D

To provide complete balance sheet reports in SAP S/4HANA Cloud Public Edition, the dimensions that can be used include Profit Center and Segment. Profit centers allow for the tracking of revenue and expenses by different business units or locations, contributing to the analysis of profitability. Segments enable reporting and analysis based on different business lines or geographical areas, enhancing the granularity of financial reporting. Both dimensions are essential for creating detailed and informative balance sheet reports that reflect the financial position and performance of various parts of the organization.

References:

SAP S/4HANA Cloud Financial Reporting documentation

Best practices for financial segmentation and profitability analysis in SAP


Question #4

You post and match an incoming payment to the incorrect customer account. How can you correct the mistake?

Reveal Solution Hide Solution
Correct Answer: A

If an incoming payment has been posted and matched to the incorrect customer account in SAP S/4HANA Cloud Public Edition, the appropriate action to correct the mistake is to reset the clearing and reverse the document. This process removes the clearing status of the payment, allowing the payment document to be reversed and corrected. This ensures that the payment is accurately reflected in the correct customer account and maintains the integrity of the financial records.

References:

SAP S/4HANA Cloud Accounts Receivable documentation

SAP Financial Accounting user guides on handling payment errors


Question #5

On which level do you maintain the long text for a general ledger account?

Reveal Solution Hide Solution
Correct Answer: C

The long text for a general ledger (G/L) account is maintained at the Chart of Accounts level. This allows the description or additional details of the G/L account to be standardized across all company codes that use the same chart of accounts, ensuring consistency in financial reporting and accounting practices across the organization.

References:

SAP S/4HANA Cloud documentation on Financial Accounting

Best practices for Chart of Accounts management in SAP


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