Free SAP C_S4CFI_2402 Exam Actual Questions

The questions for C_S4CFI_2402 were last updated On Nov 3, 2024

Question No. 1

What are some characteristics of public cloud? Note: There are 2 correct answers to this question

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Correct Answer: B, D

Characteristics of public cloud include: B. Lower total cost of ownership: Public cloud services often lead to lower total cost of ownership (TCO) due to shared resources, economies of scale, and the cloud provider managing the infrastructure, which reduces the IT overhead for customers. D. Multitenant server: Public cloud environments typically employ a multitenancy architecture, where a single instance of software and its supporting infrastructure serves multiple customers. Each customer shares the underlying infrastructure, but their data is kept separate.

References:

Public cloud services and deployment models overview

Cloud computing principles and architectures


Question No. 2

What do you use to collect the values that are entered into the configuration activities in SAP Central Business Configuration?

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Correct Answer: D

The Business Driven Configuration Questionnaire is used in SAP Central Business Configuration to collect values entered during configuration activities. This tool is part of the guided configuration process, designed to facilitate the capture of business requirements and translate them into system configurations. The questionnaire covers various aspects of the implementation, ensuring that all relevant business scenarios and processes are considered. It streamlines the configuration process, making it more efficient and aligned with the business objectives.

References:

SAP Central Business Configuration documentation

SAP S/4HANA Cloud setup and configuration guides


Question No. 3

What does the journal entry type in general journal document posting control? Note: There are 2 correct answers to this question

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Correct Answer: A, D

The journal entry type in general journal document posting in SAP S/4HANA Cloud Public Edition controls aspects such as which fields in the document header and line items are mandatory. This configuration ensures data consistency and accuracy by enforcing the entry of essential information during the posting process, thus supporting effective financial reporting and analysis.

References:

SAP S/4HANA Cloud Financial Accounting documentation

SAP Help Portal on General Journal Entries


Question No. 4

What can you do when executing a depreciation posting run? Note: There are 3 correct answers to this question.

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Correct Answer: A, D, E

When executing a depreciation posting run in SAP S/4HANA Cloud Public Edition, several actions can be taken to ensure accuracy and compliance. Firstly, it's possible to run depreciation calculations separately for each accounting ledger, allowing for differentiated depreciation treatments as required by various accounting standards or business needs. Additionally, conducting a depreciation test run for individual assets enables the review and verification of depreciation calculations before the final posting, ensuring correctness. Finally, after the depreciation run is posted, the posted depreciation amounts for each asset can be reviewed on the Financial Accounting (FI) document, providing a detailed record of the depreciation expense recognized in the period.

References:

SAP S/4HANA Cloud Asset Accounting documentation

Guidelines for depreciation posting and review in SAP


Question No. 5

Which fields can you define on the document header of a general ledger posting? Note: There are 2 correct answers to this question

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Correct Answer: C, D

On the document header of a general ledger posting in SAP S/4HANA Cloud Public Edition, you can define fields such as the 'Journal Entry Type' and the 'Posting Date'. The Journal Entry Type is used to classify the journal entry based on its nature and processing rules, such as whether it's a standard entry, a reversal, etc. The Posting Date determines the financial period in which the transaction is recorded, impacting the timing of financial reporting and analysis.

References:

SAP S/4HANA Cloud General Ledger documentation

Best practices for General Ledger postings in SAP