SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting C_S4CFI_2504 Exam Practice Test

Answer : B, D

Comprehensive and Detailed in Depth Explanation:

The Digital Discovery Assessment scopes implementation needs.

B: Correct. Includes go-live timeline.

D: Correct. Captures integration requirements.

A, C: Incorrect. These are detailed later in configuration.

Answer : A

Comprehensive and Detailed in Depth Explanation:

In the SAP S/4HANA Migration Cockpit, the data retention period determines how long migration data (e.g., staging tables or files) is retained before being archived or deleted, aligning with data governance and compliance requirements.

Option A (When the project status is 'Not started'): Correct. The retention period is defined during the initial setup of a migration project in the Migration Cockpit, before any data is loaded or processed. This is part of the project configuration in the 'Create Project' step, ensuring clarity on data lifecycle management from the outset.

Option B (When the project status is 'Finished'): Incorrect. By the 'Finished' stage, migration activities are complete, and the retention period is already in effect---changes are no longer allowed.

Option C (When the project status is 'In progress'): Incorrect. While adjustments can be made during 'In progress,' the retention period is a foundational setting established earlier.

Option D (When the project status is 'Completed'): Incorrect. 'Completed' is not a standard status in the Migration Cockpit; 'Finished' is the final status, and retention is predefined.

Answer : B, C, D

Comprehensive and Detailed in Depth Explanation:

Reason codes in SAP S/4HANA Cloud Financial Accounting are used to handle payment differences and automate related processes.

B: Correct. Reason codes can trigger automatic posting of residual items to predefined G/L accounts (e.g., write-off accounts).

C: Correct. They control the G/L account assignment for residuals, ensuring accurate financial reporting.

D: Correct. Reason codes can influence the type of payment notice (e.g., partial payment notification) sent to customers.

A: Incorrect. Sales orders are unrelated to payment processing reason codes.

E: Incorrect. Payment reminders are part of dunning, not directly tied to reason codes.

Answer : A, C, D

Comprehensive and Detailed in Depth Explanation:

Asset classes in SAP S/4HANA Cloud define accounting and depreciation rules.

A: Correct. G/L accounts are linked via asset class.

C: Correct. Default depreciation keys are set in the asset class.

D: Correct. It influences balance sheet structure via account determination.

B, E: Incorrect. Inventory and asset numbers are system-generated or manual, not class-driven.

Answer : A, C, D

Comprehensive and Detailed in Depth Explanation:

The dunning proposal list in SAP S/4HANA Cloud (accessed via the 'Manage Dunning' app) allows users to adjust dunning notices before they are finalized.

Option A (Change the dunning charges): Correct. Users can modify dunning fees/charges in the proposal to reflect specific agreements or policies.

Option C (Edit dunning blocks at account level): Correct. Dunning blocks can be set or removed at the customer account level to prevent or allow dunning.

Option D (Edit dunning blocks at line item level): Correct. Blocks can also be adjusted for specific open items, offering granular control.

Option B (Editing the dunning texts): Incorrect. Dunning texts are predefined in configuration (e.g., via 'Define Dunning Procedure') and cannot be freely edited in the proposal list.

Option E (Change the dunning level of an open item): Incorrect. Dunning levels are system-calculated based on overdue days and the dunning procedure, not manually editable in the proposal.

Answer : B

Comprehensive and Detailed in Depth Explanation:

BDCQ provides process scope for Fit-to-Standard.

B: Correct. BDCQ outlines business processes.

A, C, D: Incorrect. These are supplementary or earlier tools.

Answer : C, D

Comprehensive and Detailed in Depth Explanation:

The Realize phase focuses on configuration and testing.

C: Correct. Manual test cases are set up in Cloud ALM.

D: Correct. Configuration values are entered in CBC.

A, B: Incorrect. These occur in other phases (e.g., Explore).