Authentic SAP Certification Exam C_S4CFI_2308 Questions Answers

A letter of credit is an instrument that you can apply for as a buyer of goods to secure the transaction. A letter of credit is a type of trade finance transaction where a bank guarantees payment to a seller on behalf of a buyer, subject to certain conditions being met. Commercial paper, bank guarantee, and zero-coupon bond are not instruments that you can apply for as a buyer of goods. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html

The activities that are completed in SAP Central Business Configuration are:

• Add extensions to standard processes
• Add customer-specific data within SAP Best Practices content SAP Central Business Configuration is a tool that allows you to configure and customize your SAP S/4HANA Cloud solution using predefined content and settings. You cannot use SAP Central Business Configuration to create customer-specific master data, activate countries not covered by SAP Best Practices, or create new business processes. References: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

SAP Cash Application uses historical data from electronic bank statements and payment advices to train the machine learning model. The model learns from the past clearing patterns and applies them to new incoming payments. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/9e9a7e16afef4cc0ad2ab27af385aa72.html