C_S4CFI_2408 Exam Dumps - SAP Certified Associate Questions and Answers

Comprehensive and Detailed in Depth Explanation:Industry cloud solutions are available via SAP’s marketplace.

B:Correct. SAP Store offers industry-specific solutions.

A, C, D:Incorrect. These provide info or tools, not solutions directly.References:SAP Help Portal - "SAP Store Overview."

Comprehensive and Detailed in Depth Explanation:Time-dependent data in the asset master allows changes over periods (e.g., via "Manage Fixed Assets").

A:Correct. Description can be updated time-dependently.

C:Correct. Cost center assignments are time-dependent.

D:Correct. WBS elements can change with time.

B, E:Incorrect. Trading partner and plant are typically fixed data.References:SAP Help Portal - "Time-Dependent Asset Data."

Comprehensive and Detailed in Depth Explanation:Core Data Services (CDS) unify data access in SAP S/4HANA.

B:Correct. CDS provides a semantic data layer.

A, C, D:Incorrect. These are database, suite, or UI layers.References:SAP Help Portal - "Core Data Services."

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: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.References:SAP Help Portal - "Reason Codes in Accounts Receivable."

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: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: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.

References:SAP S/4HANA Cloud Migration Cockpit Overview, "Key Features and Limitations" (SAP Help Portal).

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.References:SAP Help Portal - "Asset Class Configuration."

Comprehensive and Detailed in Depth Explanation:SAP S/4HANA Cloud 3-system landscape includes:

A:Correct. Sandbox for exploration.

B:Correct. Starter for configuration prep.

D:Correct. Test for validation.

C, E:Incorrect. Trial is external; Development is 2-system only.References:SAP Help Portal - "3-System Landscape."