SAP C_S4CFI_2504 Exam Practice Test Instant Access

Question 1

Why do you create a down-payment request for a customer?

ATo inform the bank of a pending payment.

BTo post the down-payment automatically.

CTo update the general ledger.

DTo report it on your P&L statement.

Answer : B

Question 2

How can you identify an asset number as a main asset number?

ABy the prefix -1 after the asset number

BBy the lack of prefix for the asset

CBy the prefix -0 after the asset number

DBy the description of the asset

Answer : B

Comprehensive and Detailed in Depth Explanation:

In SAP S/4HANA Cloud, main asset numbers are distinguished from sub-assets.

B: Correct. Main assets have no suffix/prefix; sub-assets append a suffix (e.g., -001).

A, C, D: Incorrect. Prefixes or descriptions are not standard indicators.

Question 3

What are some characteristics of the SAP S/4HANA Migration Cockpit?

Note: There are 2 correct answers to this question.

AMapping source values to SAP S/4HANA target values

BExtensibility using the Legacy System Migration Workbench

CCombining the local and remote schema approaches into one migration object

DGuidance and simulation of the migration process

Answer : A, D

Comprehensive and Detailed in Depth Explanation:

The SAP S/4HANA Migration Cockpit is a standard tool for migrating data into SAP S/4HANA Cloud, offering specific features tailored to its cloud architecture.

Option A (Mapping source values to SAP S/4HANA target values): Correct. A core feature of the Migration Cockpit is its ability to map legacy system data (source) to SAP S/4HANA structures (target), using predefined templates or custom mappings to ensure data compatibility.

Option D (Guidance and simulation of the migration process): Correct. The Cockpit provides step-by-step guidance and a simulation mode to validate data before final migration, reducing errors and ensuring accuracy.

Option B (Extensibility using the Legacy System Migration Workbench): Incorrect. The Legacy System Migration Workbench (LSMW) is a legacy tool for on-premise systems and is not supported in SAP S/4HANA Cloud Public Edition. The Migration Cockpit replaces it.

Option C (Combining the local and remote schema approaches into one migration object): Incorrect. The Migration Cockpit uses distinct approaches (e.g., file-based or staging tables), but these are not combined into a single object; they are separate methods.

Question 4

In the Managed Fixed Assets app, assets that are created in the database but not activated or deactivated are displayed under which tab?

ASaved

BDraft

CCreated

DAcquired

Answer : B

Comprehensive and Detailed in Depth Explanation:

In the 'Manage Fixed Assets' app, assets in a pre-activation state are tracked separately.

B: Correct. 'Draft' tab shows assets created but not yet activated or posted.

A, C, D: Incorrect. These tabs represent different statuses (e.g., 'Acquired' is for posted assets).

Question 5

Which financial statement nodes are part of the calculation for net profit/loss? Note: There are 2 correct answers to this question.

AFinancial Statement Notes

BAssets

CNot Assigned

DLiabilities and Equity

Answer : C, D

Question 6

At which point in the integrated sales process is a balance sheet-relevant accounting document created?

ASales order confirmation

BQuotation

CSales order creation

DGoods issue

Answer : D

Comprehensive and Detailed in Depth Explanation:

In the SAP S/4HANA Cloud sales process, balance sheet-relevant postings occur when inventory is affected.

D: Correct. Goods issue posts to inventory and expense accounts (e.g., Dr. COGS, Cr. Inventory), impacting the balance sheet.

A, B, C: Incorrect. These steps (confirmation, quotation, sales order) are preliminary and do not generate accounting documents.

Question 7

When using the Local SAP S/4HANA Database Schema migration approach, what is the maximum file size?

Note: There are 2 correct answers to this question.

A160 MB per file

B160 MB per ZIP file

C100 MB per ZIP file

D100 MB per file

Answer : A, B

Comprehensive and Detailed in Depth Explanation:

The Local SAP S/4HANA Database Schema approach in the Migration Cockpit uses staging tables to load data, with file size limits defined by SAP to ensure performance and stability.

Option A (160 MB per file): Correct. Individual files uploaded to staging tables have a maximum size of 160 MB, as per SAP's technical specifications.

Option B (160 MB per ZIP file): Correct. When files are compressed into ZIP format, the total size limit remains 160 MB, accommodating multiple files within this constraint.

Option C (100 MB per ZIP file): Incorrect. The limit is 160 MB, not 100 MB, for ZIP files.

Option D (100 MB per file): Incorrect. The limit for individual files is 160 MB, not 100 MB.

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