C_S4CFI_2308 SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Question and Answers

You can configure journal entry substitution rules with the following substitution types: substitute with field value, substitute with formula value, and substitute with constant value. You cannot clear field value or substitute with previous value as substitution types. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

Some of the responsibilities of a Customer Center of Expertise (CCOE) are:

• Determine KPIs that will support a continuous improvement mindset
• Reduce the total cost of ownership for IT
• Serve as a central contact for SAP and manage interactions with the SAP Service Center A CCOE is an organizational unit that provides support and governance for the customer’s SAP solution landscape. A CCOE does not conduct risk-based assessments to determine the value of activating new processes or ensure the resources necessary for the project’s success are available. These tasks are performed by other roles such as business process experts or project managers. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Each cash journal must have a unique G/L account that represents the cash balance of the cash journal. The G/L account is used to post cash transactions to the general ledger. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2105.500/en-US/6f7a1f0e6a3a4b2e8a7d0a2b1f2b6e3c.html

You perform the goods and invoice receipts reconciliation process when an invoice is posted, but no goods receipt has been received. This process allows you to compare the invoice amount with the purchase order amount and identify any discrepancies or missing goods receipts. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

The purpose of the Test Automation Tool is to perform actions in a simulated user interface on behalf of the assigned test user. The Test Automation Tool is a tool that allows you to execute predefined or custom test scripts for business process testing in your system. The Test Automation Tool does not provide information on your actual tenant configuration, the business app(s) to be used for testing, or populate business data for each test screen. You need to use other tools or apps for those tasks. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

In the Organizational Structure app in SAP Central Business Configuration, you can add the following entities under the Company root node:

• Sales Organization
• Purchasing Organization These entities represent organizational units that are responsible for selling or procuring products or services. Division and Plant are not entities that can be added under the Company root node, but under other nodes such as Sales Organization or Company Code. References: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

The transition scenario that fits a customer who is interested in moving to SAP S/4HANA Cloud, but is not ready for full process redesign is New Implementation. New Implementation is a scenario where you start with a fresh installation of SAP S/4HANA Cloud and migrate your data from your legacy system using predefined migration tools and content. This scenario allows you to adopt standard best practices with minimal customization and disruption. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The customizing activities that are allowed through the self-service configuration UI are:

• Addition of new custom fields within SAP Best Practices content
• Adaptation of fields within SAP Best Practices content You cannot use the self-service configuration UI to add new SAP Best Practices business processes, delete SAP Best Practices content, or customize through IMG outside self-service configuration UI tools. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The activities that the consultant does before the first Fit-to-Standard workshop are:

• Evaluate the Business-Driven Configuration Questionnaire responses
• Review the integration requirements collected from the Digital Discovery Assessment The Business-Driven Configuration Questionnaire is a tool that collects information about your business requirements, such as scope items, countries, currencies, languages, etc. The Digital Discovery Assessment is a tool that collects information about your integration requirements, such as source systems, target systems, communication protocols, etc. The consultant evaluates and reviews these information before conducting the Fit-to-Standard workshop. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Settlement profile is one of the asset characteristics that controls if an asset is under construction. Settlement profile defines how an asset under construction is settled to other assets or cost objects when it is completed or partially completed. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

One of the tasks that you can perform with SAP CoPilot is to share report outputs with colleagues in chat. SAP CoPilot is a digital assistant that allows you to collaborate with other users, access contextual information, and perform quick actions using natural language processing and machine learning. References: https://help.sap.com/viewer/product/SAP_COPILOT/latest/en-US

When setting up integrations with external systems, you should create one communication arrangement for each communication scenario you are implementing. A communication arrangement is a configuration that defines how your system communicates with an external system using a specific communication scenario. A communication scenario is a predefined integration content that describes the inbound and outbound communication between your system and an external system using a specific communication protocol and interface. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

You can use the following methods to fill staging tables in the SAP HANA database of the target system:

• SAP Smart Data Access
• Customer’s ETL tools
• SAP HANA Smart Data Integration (SDI) SAP Smart Data Access allows you to access data from remote sources without replicating it in SAP HANA. Customer’s ETL tools allow you to extract, transform, and load data from various sources into SAP HANA. SAP HANA Smart Data Integration (SDI) allows you to replicate data from remote sources into SAP HANA in real-time or batch mode. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html

You can identify errors in a test plan by doing the following:

• Review failed process steps
• Review the detailed action log These methods allow you to see which process steps did not execute successfully and why they failed. You can also see detailed information about each action performed during the test execution. Re-running the test plan or reviewing canceled actions do not help you identify errors in a test plan, as they do not provide any additional information about the cause of failure. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

You test the business processes in the Realize phase of the SAP Activate methodology. This phase involves performing business process testing in the Quality system using predefined test plans or custom test plans based on your business processes. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

Some of the characteristics of the SAP S/4HANA Migration Cockpit are:

• Guidance and simulation of the migration process
• Mapping source values to SAP S/4HANA target values The SAP S/4HANA Migration Cockpit is a tool that allows you to migrate data from legacy systems to SAP S/4HANA Cloud using predefined migration content and settings. The SAP S/4HANA Migration Cockpit guides you through the migration process and allows you to simulate the data transfer before executing it. The SAP S/4HANA Migration Cockpit also allows you to map source values from legacy systems to target values in SAP S/4HANA Cloud using value mapping tables or rules. References: https://help.sap.com/viewer/product/SAP_S4HANA_MIGRATION_COCKPIT/latest/en-US

The Query Browser app allows you to view authorized published queries that are based on CDS views. You can also create and publish your own queries using the app, if you have the required authorizations and roles. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242a44940d.html

The account group controls the number range in which the new G/L account can be created when creating a new G/L account. The account group defines a four-digit numerical interval that determines which G/L account numbers can be assigned to accounts belonging to that group. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

SAP Cloud Platform Integration is the middleware that is used to integrate SAP S/4HANA Cloud with SAP Concur. SAP Cloud Platform Integration is a cloud-based service that provides tools and prepackaged integration content for integrating SAP and non-SAP applications. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html

You use the Cloud ABAP Web Editor to change or add business rules and business logic in the key user extensibility scenario. The Cloud ABAP Web Editor is a tool that allows you to create and edit custom business objects, custom CDS views, custom code lists, and custom logic using ABAP in SAP S/4HANA Cloud. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html

The activities that you can perform in the Product-Specific Configuration Phase in SAP Central Business Configuration are:

• Modify building blocks
• Change approval thresholds
• Add blocking reasons for billing These activities allow you to configure and customize your product-specific settings using self-service configuration UIs or expert configuration tools. You cannot use SAP Central Business Configuration to add new sales organizations, create new scope items, or create new business processes. References: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

One of the activities that you use the starter system for is to document delta requirements in the backlog. The starter system is a temporary system that is used for scoping and configuration activities during the Explore phase. You can use the starter system to document any delta requirements that are identified during Fit-to-Standard workshops in a backlog using an app such as Manage Backlog Items. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

You can download a .CSV file with the list of users in the Maintain Business Users app. This app allows you to manage the user accounts and authorizations for SAP S/4HANA Cloud. You can also use this app to upload a .CSV file with user data to create or update multiple users at once. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

Data load preparation is performed in the Realize phase of the implementation project. This phase involves preparing and validating the data migration objects and performing data consistency checks. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9d1d6e0c6f4740a09ed5d3c3981b8f1d.html

The following can be transported using the Software Collection apps in SAP S/4HANA Cloud:

• Custom business roles
• Custom business objects These are examples of custom content that you can create and transport using the Software Collection apps. You cannot transport variants and changes or migration projects using the Software Collection apps. You need to use other tools or apps for those tasks. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The Starter system is used in the Explore phase of the implementation project to demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements. The Starter system is not used for configuration, testing, or demonstration of the customer’s personalized solution. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/0c7d0a8a9f9e4d1f9a0c3c8e1f6b3e2d.html

 If a customer wants to simplify the process of outgoing payment management, you should recommend SAP Multi-Bank Connectivity as an offering. SAP Multi-Bank Connectivity is a cloud-based solution that allows customers to connect with multiple banks and payment service providers through a single channel and manage their payments efficiently and securely. References: https://help.sap.com/viewer/product/SAP_MULTI_BANK_CONNECTIVITY/latest/en-US

The test process types that are available in the Manage Your Test Processes app are:

• Post-upgrade
• Regression
• Custom These test process types represent different testing scenarios that you can perform using predefined or custom test plans. Integration and Standard are not test process types available in the app. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The prerequisites for using the SAP Fiori Test Your Processes app are:

• SAP Best Practices are activated in the quality system
• The quality system is connected to the Test Execution Service on SAP Business Technology Platform You do not need to connect the productive system to the implementation landscape or upload the test scripts in the productive system for using the app. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

Business unit and department are two of the account assignments that you create for an employee in SAP SuccessFactors. Business unit and department represent organizational units that group employees based on their functions or responsibilities. Cost center and company code are not account assignments in SAP SuccessFactors, but in SAP S/4HANA Cloud. References: https://help.sap.com/viewer/product/SAP_SUCCESSFACTORS_EMPLOYEE_CENTRAL/latest/en-US

You can do the following things with the Manage Your Test Processes SAP Fiori app:

• Create a test user
• Assign a test role The Manage Your Test Processes app allows you to manage your test plans, test processes, test users, and test roles for business process testing in your system. You cannot use this app to define test plan variants, record new actions, or execute test plans. You need to use other apps such as Test Your Processes or Test Tool for those tasks. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Some services that SAP delivers as part of RISE withSAP S/4HANACloud solution are:

• Release upgrade planning
• Business process configuration

RISE withSAP S / 4 HANACloudis an offering that provides customers with everything they need to transform their business withSAP S / 4 HANACloud , such as subscription licenses , implementation services , cloud infrastructure , embedded analytics , etc

A service order is a short-term agreement between a service provider and a service recipient with information relevant to the specific service process, such as the service date, location, duration, and price. A service order is not a confirmation, an outline agreement, or a long-term agreement. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9e9a7e16afef4cc0ad2ab27af385aa72.html

Business exception detection is one of the functions of SAP Financial Statement Insight that utilizes machine learning. Business exception detection is a feature that identifies and highlights unusual patterns or outliers in financial data based on machine learning algorithms. Visualization of account group performance, dynamic adaptation of hierarchical structures, and flexible comparisons across multiple characteristics are not functions that utilize machine learning. References: https://help.sap.com/viewer/product/SAP_FINANCIAL_STATEMENT_INSIGHT/latest/en-US