Free and Premium SAP C_S4CFI_2408 Dumps Questions Answers

Comprehensive and Detailed in Depth Explanation:Data migration to SAP S/4HANA Cloud Public Edition is facilitated through the Migration Cockpit, with specific supported methods.

Option A (With XML or CSV templates):Correct. The Migration Cockpit supports file-based migration using predefined XML or CSV templates, which users populate with legacy data for upload.

Option B (With Core Data Services):Incorrect. Core Data Services (CDS) are used for data modeling and reporting in SAP S/4HANA, not for data migration.

Option C (With the zero downtime service):Incorrect. Zero downtime is a deployment strategy for upgrades, not a data migration method.

Option D (With a separate SAP HANA database):Incorrect. While SAP HANA underpins S/4HANA, a separate database is not a migration method; the Migration Cockpit uses integrated staging tables or files.

References:SAP S/4HANA Cloud Data Migration Guide, "Supported Migration Approaches" (SAP Help Portal).

Comprehensive and Detailed in Depth Explanation:The "Manage KPIs and Reports" app supports analytical outputs.

B:Correct. Multidimensional reports are available.

C:Correct. Review booklets for financial analysis.

D:Correct. SAC Stories integrate with analytics.

A, E:Incorrect. Lumira and Object Views are separate tools.References:SAP Help Portal - "Manage KPIs and Reports."

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.References:SAP Help Portal - "BDCQ Usage."

Comprehensive and Detailed in Depth Explanation:SAP BTP hosts external extensions in S/4HANA Cloud.

C:Correct. Side-by-side uses BTP for custom apps.

A, B, D:Incorrect. These are in-app or different approaches.References:SAP Help Portal - "Extensibility Types."

Comprehensive and Detailed in Depth Explanation:A goods issue in SAP S/4HANA Cloud (e.g., via "Post Goods Issue" app) impacts inventory and accounting.

A:Correct. It generates an accounting document (e.g., Dr. COGS, Cr. Inventory).

B:Correct. Inventory value decreases due to stock reduction.

C:Incorrect. Invoices are linked to billing, not goods issue.

D:Incorrect. Goods issue reduces, not increases, inventory value.References:SAP Help Portal - "Goods Movement in Inventory Management."

Comprehensive and Detailed in Depth Explanation:Journal entry types (e.g., SA) in SAP S/4HANA Cloud define posting rules.

A:Correct. Header field requirements are set by type.

C:Correct. Line item field mandates are controlled.

B, D:Incorrect. Number ranges and line item counts are separate configs.References:SAP Help Portal - "Journal Entry Types."

Comprehensive and Detailed in Depth Explanation:Valuation methods in SAP S/4HANA Cloud (e.g., via "Foreign Currency Valuation" app) configure AP revaluation.

C:Correct. It sets the procedure (e.g., lowest value principle).

D:Correct. Exchange rate type (e.g., M) is specified.

E:Correct. G/L accounts for gains/losses are determined.

A, B:Incorrect. These are set in the valuation run, not the method.References:SAP Help Portal - "Foreign Currency Valuation."

Comprehensive and Detailed in Depth Explanation:The "Depreciation Posting Run" app in SAP S/4HANA Cloud offers multiple functionalities.

A:Correct. Depreciation details are visible in the FI document.

B:Correct. Reversals are possible via the app.

C:Correct. Separate runs per ledger are supported in multi-ledger setups.

D, E:Incorrect. Cancellation and individual asset test runs are not standard features.References:SAP Help Portal - "Depreciation Posting Run."

Comprehensive and Detailed in Depth Explanation:Semantic tags in SAP S/4HANA Cloud enhance financial reporting.

A:Correct. Tags are assigned to Financial Statement Version (FSV) nodes.

B, C, D:Incorrect. These are not directly linked to semantic tags.References:SAP Help Portal - "Semantic Tags in Reporting."

Comprehensive and Detailed in Depth Explanation:Chart of accounts-level settings in SAP S/4HANA Cloud apply globally to G/L accounts.

A:Correct. Account group defines the account’s purpose.

D:Correct. G/L account type (e.g., balance sheet) is set here.

B, C:Incorrect. Currency and functional area are company code-specific.References:SAP Help Portal - "G/L Account Master Data."

Comprehensive and Detailed in Depth Explanation:Configuration happens post-Fit-to-Standard in SAP Activate.

B:Correct. Realize phase implements workshop outcomes.

A, C, D:Incorrect. These are pre- or post-configuration phases.References:SAP Help Portal - "SAP Activate Methodology."

Comprehensive and Detailed in Depth Explanation:Correcting an incorrect payment posting in SAP S/4HANA Cloud involves reversing the erroneous clearing and reprocessing the payment.

Option B (Reset the clearing and reverse the document):Correct. Using the "Reset Cleared Items" function (e.g., via app "Manage Customer Line Items"), you can reset the clearing, then reverse the payment document (FB08 or Fiori app "Reverse Document") and repost it to the correct customer. This is the standard process.

Option A (Change the customer on the payment document):Incorrect. Posted documents cannot be directly edited to change the customer; SAP locks master data fields post-posting.

Option C (Issue a credit memo to the customer):Incorrect. A credit memo addresses overpayments or returns, not misapplied payments.

Option D (Contact the customer through correspondence):Incorrect. This is an operational step, not a system correction method.

References:SAP S/4HANA Cloud Financial Accounting, "Correcting Payment Postings" (SAP Help Portal).

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.

References:SAP S/4HANA Cloud Migration Cockpit Guide, "Project Setup and Configuration" (SAP Help Portal).

Comprehensive and Detailed in Depth Explanation:In SAP S/4HANA Cloud Financial Accounting, managing payment differences during manual incoming payments is a key Accounts Receivable process.

Option C (Residual payment):Correct. Residual payments allow the remaining open amount (difference) to be posted as a new open item, clearing the original invoice partially.

Option D (Partial payment):Correct. Partial payments reduce the open invoice amount without clearing it fully, leaving the balance open.

Option E (Payment on account):Correct. Payments can be posted to the customer’s account without clearing specific invoices, often used when the payment cannot be matched.

Option A (Individual value adjustment):Incorrect. This relates to bad debt provisioning, not payment difference management.

Option B (Return payment):Incorrect. This is not a standard SAP term for handling differences; it implies reversing a payment, not managing variances.

References:SAP S/4HANA Cloud Financial Accounting, "Manual Payment Processing" (SAP Help Portal).

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.References:SAP Help Portal - "Asset Accounting Numbering."

Comprehensive and Detailed in Depth Explanation:Periodic postings in SAP S/4HANA Cloud Asset Accounting occur at period-end.

B:Correct. WBS settlement to AUC or final assets is typically monthly.

C:Correct. Depreciation is posted periodically (e.g., via "Depreciation Run" app).

A, D:Incorrect. Transfers and acquisitions are event-driven, not periodic.References:SAP Help Portal - "Periodic Asset Postings."

Comprehensive and Detailed in Depth Explanation:The automated payment run (e.g., "Schedule Payment" app) follows a structured process.

B:Correct. Parameters (e.g., payment methods) are maintained first.

D:Correct. Scheduling the payment run executes it.

E:Correct. Proposal run is scheduled to preview payments.

A, C:Incorrect. These are unrelated to the payment run process.References:SAP Help Portal - "Automatic Payment Program."

Comprehensive and Detailed in Depth Explanation:SOX compliance in SAP Advanced Financial Closing enforces segregation of duties.

C:Correct. It ensures the responsible and processing users differ.

A, B, D:Incorrect. These are not SOX-specific requirements.References:SAP Help Portal - "SOX Compliance in AFC."

Comprehensive and Detailed in Depth Explanation:Local GAAP compliance often requires parallel accounting.

C:Correct. Ledger groups support multiple accounting principles (e.g., IFRS vs. GAAP).

A, B, D:Incorrect. These do not address GAAP-specific reporting.References:SAP Help Portal - "Parallel Accounting with Ledger Groups."

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.

References:SAP S/4HANA Cloud Migration Cockpit Technical Guide, "File Upload Specifications" (SAP Help Portal).

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.

References:SAP S/4HANA Cloud Financial Accounting, "Dunning Process Overview" (SAP Help Portal).

Comprehensive and Detailed in Depth Explanation:Entry view shows detailed subledger postings; GL view consolidates to G/L accounts.

C:Correct. Entry view includes subledger details, increasing line items.

A, B, D:Incorrect. GL view summarizes, reducing line items.References:SAP Help Portal - "Entry vs. GL View."

Comprehensive and Detailed in Depth Explanation:In SAP S/4HANA Cloud, roles and catalogs define access.

D:Correct. Roles aggregate catalogs for permissions.

A, B, C:Incorrect. Roles contain catalogs, not vice versa.References:SAP Help Portal - "Business Roles and Catalogs."

Comprehensive and Detailed in Depth Explanation:In SAP S/4HANA Cloud, posted invoices have limited editable fields due to audit and integrity rules.

B:Correct. Profit center can be changed via "Change Document" (FB02 equivalent in Fiori).

D:Correct. Line item text is editable post-posting for descriptive purposes.

E:Correct. Reference field can be updated for tracking purposes.

A:Incorrect. Invoice amount is locked after posting to maintain financial integrity.

C:Incorrect. Payment terms are fixed post-posting unless reversed.References:SAP Help Portal - "Editing Posted Documents."