Oct 26, 2023 PASS SAP C_S4CFI_2302 EXAM WITH UPDATED DUMPS [Q53-Q73]

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Oct 26, 2023 PASS SAP C_S4CFI_2302 EXAM WITH UPDATED DUMPS

C_S4CFI_2302 Questions PDF [2023] Use Valid New dump to Clear Exam


SAP C-S4CFI-2302 exam is a rigorous and challenging certification that requires candidates to have a deep understanding of finance principles and their application in SAP S/4HANA Cloud. By passing C_S4CFI_2302 exam, candidates can demonstrate their credibility and expertise in the field of finance, which can help them advance their career and take on more challenging roles in their organization.

 

NEW QUESTION # 53
Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?

  • A. Machine learning
  • B. Smart contracts
  • C. Extension ledger
  • D. Distributed ledger

Answer: C

Explanation:
Extension ledger is the technology that is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud. Extension ledger is a type of ledger that stores additional postings on top of an underlying ledger, such as the leading ledger. Predictive accounting uses extension ledgers to record provisional postings for sales orders that have not been billed yet. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 54
Which tool do you use to change or add business rules and business logic in the key user extensibility scenario?

  • A. Cloud ABAP Web Editor
  • B. SAP Cloud Platform
  • C. ABAP Workbench
  • D. Eclipse

Answer: A

Explanation:
You use the Cloud ABAP Web Editor to change or add business rules and business logic in the key user extensibility scenario. The Cloud ABAP Web Editor is a tool that allows you to create and edit custom business objects, custom CDS views, custom code lists, and custom logic using ABAP in SAP S/4HANA Cloud. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html


NEW QUESTION # 55
Your company is engaged in foreign commerce.
As the buyer of goods you are applying for which instrument to secure the transaction?

  • A. Bank Guarantee
  • B. Zero-Coupon Bond
  • C. Letter of Credit
  • D. Commerical Paper

Answer: C


NEW QUESTION # 56
What are some characteristics of SAP HANA Enterprise Cloud? Note: There are 3 correct answers to this question.

  • A. It is a Platform as a Service (PaaS) plus managed services.
  • B. SAP runs your application in a shared environment
  • C. Customers can bring their own licensed SAP applications.
  • D. Services include provisioning, patching, and upgrading.
  • E. It is an Infrastructure as a Service (IaaS) plus managed services

Answer: C,D,E


NEW QUESTION # 57
SAP Activate for SAP S/4HANA Cloud Methodology and Best Practices
How does the implementation consultant support the customer during Fit-to-Standard workshops? 2 answers

  • A. Highlight gaps that require configuration or extensibility decisions
  • B. Demonstrate SAP Best Practices in the starter system
  • C. Show and explain all available self-service configuration Uls
  • D. Review current custom code in the customer system

Answer: A,B

Explanation:
The implementation consultant supports the customer during Fit-to-Standard workshops by performing the following activities:
Demonstrate SAP Best Practices in the starter system
Highlight gaps that require configuration or extensibility decisions The implementation consultant does not review current custom code in the customer system or show and explain all available self-service configuration UIs during Fit-to-Standard workshops. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 58
Which options are available for the bank account revision in SAP S / 4HANA Cloud? Note: There are 2 correct answers to this question

  • A. Activate directly
  • B. Activate via machine learning
  • C. Activate automatically
  • D. Activate via dual control

Answer: A,D

Explanation:
The options available for the bank account revision in SAP S / 4HANA Cloud are:
Activate via dual control
Activate directly You cannot activate a bank account via machine learning or automatically in SAP S / 4HANA Cloud. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html


NEW QUESTION # 59
Which tool is used for the liquidity planning in SAP S/4HANA Cloud?

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

Answer: C

Explanation:
You can use SAP Analytics Cloud for liquidity planning in SAP S/4HANA Cloud. SAP Analytics Cloud is a cloud-based solution that combines business intelligence, planning, and predictive analytics capabilities. You can use SAP Analytics Cloud to create and manage liquidity plans based on your financial data. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 60
Which customizing task on the sender system needs to be completed before sending cash flows to a SAP S/4HANA Cloud Treasury workstation?
Note: There are 2 correct answers to this question.

  • A. Reassign company codes
  • B. Rebuild flow types in accounting documents
  • C. Convert sender planning groups
  • D. Activate Individual Source Applications

Answer: B,D


NEW QUESTION # 61
You are creating users in SAP S/4HANA Cloud
For which purpose do you use the business catalogs?

  • A. To provide users access to the apps. relevant for their business functions
  • B. To configure the authorization objects for which the user is responsible
  • C. To create or change passwords for users per business role
  • D. To add, change or delete new process steps within the scope item

Answer: A


NEW QUESTION # 62
Which functionalities are supported by the SAP Fiori Test Your Processes app? (Choose two.)

  • A. Remediate failed test scenarios
  • B. Create or change test plans
  • C. Migrate test plans for execution
  • D. Import custom test plans

Answer: A,B

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. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 63
For which activity do you use SAP S/4HANA Cloud for Credit Integration? Note: There are 2 correct answers to this question.

  • A. Import customer credit ratings from external credit rating agencies
  • B. Calculate a customer's real-time credit limit based on a manual credit rating
  • C. Notify an external credit agency about outstanding customer payments
  • D. Supplement internal customer data to better monitor a customer's credit risk

Answer: A,D

Explanation:
You can use SAP S/4HANA Cloud for Credit Integration for the following activities:
Supplement internal customer data to better monitor a customer's credit risk Import customer credit ratings from external credit rating agencies You cannot use SAP S/4HANA Cloud for Credit Integration to calculate a customer's real-time credit limit based on a manual credit rating, notify an external credit agency about outstanding customer payments, or export customer credit ratings to external credit rating agencies. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_CREDIT_INTEGRATION/latest/en-US


NEW QUESTION # 64
Which Key Performance Indicators are available in the Treasury Executive Dashboard in SAPAnalytics Cloud? (Choose two.)

  • A. Liquidity by Region
  • B. Counterparty Risk - Utilization Overview
  • C. Open Disputes by Country
  • D. Payments per Company Code

Answer: A,B

Explanation:
The Key Performance Indicators that are available in the Treasury Executive Dashboard in SAP Analytics Cloud are:
Counterparty Risk - Utilization Overview
Liquidity by Region These KPIs provide insights into the exposure and liquidity situation of the treasury organization. Open Disputes by Country and Payments per Company Code are not KPIs available in the Treasury Executive Dashboard. Reference: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_TREASURY_MANAGEMENT/latest/en-US


NEW QUESTION # 65
When a customer has a cloud-centric landscape, which technologies should you use to integrate SAP S/4HANA Cloud with another SAP Cloud solution? Note: There are 2 correct answers to this question When a customer has a cloud-centric landscape, which technologies should you use to integrate

  • A. Predelivery APIs
  • B. SAP S/4HANA Cloud with another SAP Cloud solution? Note: There are 2 correct answers to this question.
  • C. SAP Cloud Connector
  • D. SAP Process Orchestration

Answer: B,C


NEW QUESTION # 66
Why do you perform realignment in Profitability Analysis (CO-PA)?

  • A. To correct exchange rate valuation
  • B. To correct posted general ledger accounts
  • C. To adjust derived values fields
  • D. To adjust assigned characteristics

Answer: D


NEW QUESTION # 67
Which function of SAP Financial Statement Insight utilizes machine learning?

  • A. Dynamic adaptation of hierarchical structures
  • B. Flexible comparisons across multiple characteristics
  • C. Visualization of account group performance
  • D. Business exception detection

Answer: D

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. Reference: https://help.sap.com/viewer/product/SAP_FINANCIAL_STATEMENT_INSIGHT/latest/en-US


NEW QUESTION # 68
Which of the following fields in maintained on the general data segment of the supplier business partner?

  • A. Reconciliation account
  • B. Tolerance group
  • C. Pavment termS
  • D. Communication language

Answer: D

Explanation:
Communication language is one of the fields that is maintained on the general data segment of the supplier business partner. Communication language determines the language used for correspondence with the supplier. Reconciliation account, tolerance group, and payment terms are not fields on the general data segment, but on other segments such as accounting or purchasing. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 69
When can you add relationships in the organizational structure in SAP Central Business Configuration? (Choose two.)

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

Answer: B,C


NEW QUESTION # 70
What does the journal entry type control?

  • A. The ledgers updated by the posting values
  • B. The transaction currency types allowed to be posted
  • C. Whether a posting posts a debit or credit value
  • D. The types of accounts allowed to be posted to

Answer: D

Explanation:
The journal entry type controls the types of accounts allowed to be posted to. For example, journal entry type AA allows posting to asset accounts, journal entry type SA allows posting to G/L accounts, and journal entry type AB allows posting to both asset and G/L accounts. The journal entry type does not control the ledgers updated, the transaction currency types allowed, or whether a posting posts a debit or credit value. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 71
Which activity do you perform during the data load preparation?

  • A. Fill in migration templates with legacy data
  • B. Resolve data issues from the simulation process
  • C. Simulate data load in the new cloud system
  • D. Define specifications for data extraction on legacy system

Answer: D

Explanation:
Defining specifications for data extraction on legacy system is one of the activities that you perform during the data load preparation. This activity involves defining the source fields, mapping rules, and transformation rules for each data migration object. Reference: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html


NEW QUESTION # 72
Which of the following postings update the ACDOCA universal journal table? (Choose two.)

  • A. Commitment values from purchase order
  • B. Plan cost center allocation
  • C. Posting to statistical project
  • D. Enter statistical key figure values

Answer: A,C


NEW QUESTION # 73
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