SAP C_S4CFI_2402 SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting Exam Practice Test

Answer : A

SAP's release naming convention typically follows a year and release number format. For the second feature delivery in February 2025, the correct release code would be '2025.2', indicating the year 2025 and the second release within that year.

References:

SAP S/4HANA Cloud release strategy documentation

SAP S/4HANA Cloud updates and release information

Answer : A, D

In the integrated procure-to-pay process within SAP S/4HANA Cloud Public Edition, the processes that generate balance sheet relevant financial accounting documents are: A. Invoice Verification: This process involves the verification of incoming invoices against purchase orders and goods receipts. The process results in the posting of liabilities to the vendor and adjustments to the corresponding expense or asset accounts, impacting the balance sheet. D. Goods Receipt: This process records the receipt of goods from a vendor into inventory, affecting inventory assets on the balance sheet. The goods receipt process increases inventory values and records the corresponding obligation to pay the vendor, impacting the balance sheet.

References:

SAP S/4HANA Cloud Procure-to-Pay documentation

Best practices for managing procure-to-pay processes in SAP

Answer : D

Industry cloud solutions that address a customer's unique requirements can often be found in the SAP Store. The SAP Store showcases a wide range of applications, including those tailored to specific industries, developed by SAP and its partners. These solutions are designed to extend and enhance the capabilities of SAP's core platforms, like SAP S/4HANA Cloud, catering to the specialized needs of various sectors.

References:

SAP Store online platform

SAP industry solutions and extensions catalog

Answer : B, D

Characteristics of public cloud include: B. Lower total cost of ownership: Public cloud services often lead to lower total cost of ownership (TCO) due to shared resources, economies of scale, and the cloud provider managing the infrastructure, which reduces the IT overhead for customers. D. Multitenant server: Public cloud environments typically employ a multitenancy architecture, where a single instance of software and its supporting infrastructure serves multiple customers. Each customer shares the underlying infrastructure, but their data is kept separate.

References:

Public cloud services and deployment models overview

Cloud computing principles and architectures

Answer : C

The data retention period in the SAP S/4HANA Migration Cockpit is typically specified when the project status is 'Finished.' At this point, the migration project has been completed, and specifying the data retention period helps determine how long the migrated data and logs should be retained for auditability, traceability, and compliance purposes. Setting this period ensures that data is managed according to organizational policies and regulatory requirements while optimizing storage and system performance.

References:

SAP S/4HANA Migration Cockpit documentation

SAP data management and migration best practices

Answer : A, B, E

SAP S/4HANA Cloud Business Workflows are designed for: A. Creating simple release or approval procedures that streamline decision-making processes. B. Facilitating business processes involving many participants in a predefined sequence, enhancing collaboration and efficiency. E. Managing complex, repeated work processes with iterative cycles, improving process control and adaptability.

References:

SAP S/4HANA Cloud Business Workflow documentation

SAP Best Practices for workflow management

Answer : A, C, D

When processing manual incoming payments in SAP S/4HANA Cloud Public Edition, there are several options to manage payment differences: A. Payment on Account: This option allows the payment to be recorded without being fully applied to a specific invoice, creating a credit balance on the customer's account. C. Partial Payment: This is used when the payment amount is less than the invoice amount, and the remaining unpaid portion of the invoice remains open. D. Residual Payment: This applies when a payment covers an invoice but leaves a small difference. The original invoice is cleared, and a new invoice is created for the residual amount.

References:

SAP S/4HANA Cloud documentation on Accounts Receivable

SAP Help Portal on payment processing