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[General] Valid Exam C-S4CFI-2504 Practice & Latest C-S4CFI-2504 Test Questions

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【General】 Valid Exam C-S4CFI-2504 Practice & Latest C-S4CFI-2504 Test Questions

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SAP C-S4CFI-2504 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Implementing with a Cloud Mindset, Building the Team, and Conducting Fit-to-Standard Workshops: This section measures the skills of SAP Project Managers and introduces the principles of cloud implementation, team roles, and Fit-to-Standard workshop execution.
Topic 2
  • Data Migration and Business Process Testing: This domain measures the skills of SAP Application Consultants and focuses on transferring data to SAP and testing processes to ensure system readiness.
Topic 3
  • Payables Management: This section includes handling vendor-related transactions such as invoicing and payments.
Topic 4
  • System Landscapes and Identity Access Management: This section of the exam measures the skills of SAP Implementation Consultants and covers the setup of system environments and the management of user identities and access permissions.
Topic 5
  • Asset Accounting: This section covers tracking and managing the lifecycle of fixed assets within SAP.
Topic 6
  • Record-to-Report: This exam section measures the skills of SAP Application Consultants and focuses on the end-to-end financial reporting cycle, from data recording to final reports.
Topic 7
  • Extensibility and Integration: This domain measures the skill of application consultants and covers how to customize SAP applications and integrate them with external systems.
Topic 8
  • Introduction to Cloud Computing and SAP Cloud ERP Deployment Options: This section explains core cloud computing concepts and SAP S
  • 4HANA Cloud ERP deployment choices.
Topic 9
  • Receivables Management: This section covers managing customer invoices, incoming payments, and credit processes.

Latest SAP C-S4CFI-2504 Test Questions & Free C-S4CFI-2504 Practice ExamsPassing the SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting (C-S4CFI-2504) exam requires the ability to manage time effectively. In addition to the SAP C-S4CFI-2504 exam study materials, practice is essential to prepare for and pass the SAP C-S4CFI-2504 Exam on the first try. It is critical to do self-assessment and learn time management skills.
SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q24-Q29):NEW QUESTION # 24
What are some characteristics of the SAP S/4HANA Migration Cockpit?
Note: There are 2 correct answers to this question.
  • A. Guidance and simulation of the migration process
  • B. Combining the local and remote schema approaches into one migration object
  • C. Extensibility using the Legacy System Migration Workbench
  • D. Mapping source values to SAP S/4HANA target values
Answer: A,D
Explanation:
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.

NEW QUESTION # 25
You post and match an incoming payment to the incorrect customer account. How can you correct the mistake?
  • A. Issue a credit memo to the customer
  • B. Change the customer on the payment document
  • C. Reset the clearing and reverse the document
  • D. Contact the customer through correspondence
Answer: C
Explanation:
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.

NEW QUESTION # 26
On which level do you define maximum amounts for low-value assets?
Note: There are 2 correct answers to this question.
  • A. Ledger group
  • B. Valuation area
  • C. Accounting principle
  • D. Company code
Answer: B,D
Explanation:
Comprehensive and Detailed in Depth Explanation:
Low-value asset (LVA) thresholds in SAP S/4HANA Cloud are set at levels affecting depreciation and valuation.
* A: Correct. Valuation area defines LVA limits for depreciation rules.
* D: Correct. Company code sets organizational LVA thresholds.
References: SAP Help Portal - "Low-Value Assets Configuration."

NEW QUESTION # 27
In which SAP Activate Methodology phase do consultants configure business processes based on the information gathered in the Fit-to-Standard workshops?
  • A. Explore
  • B. Deploy
  • C. Prepare
  • D. Realize
Answer: D
Explanation:
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.

NEW QUESTION # 28
A fixed asset you ordered is delivered but is not activated. What could be the reason?
  • A. The asset is only activated with the invoice. It is a non-valuated goods receipt
  • B. The asset is only activated with the invoice. It is a valuated goods receipt.
  • C. The asset accountant did not enter the activation date in the asset master record
  • D. The asset is only activated upon payment. Itis a valuated goods receipt.
Answer: A

NEW QUESTION # 29
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