C_S4CFI_2504 Exam Dumps - SAP Certified Associate Questions and Answers

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.

Comprehensive and Detailed in Depth Explanation:

Cost-of-sales accounting in SAP S/4HANA Cloud uses functional areas for P&L reporting.

A: Correct. Links costs to functions (e.g., production, sales).

Comprehensive and Detailed in Depth Explanation:

SAP BTP hosts external extensions in S/4HANA Cloud.

C: Correct. Side-by-side uses BTP for custom apps.

Comprehensive and Detailed in Depth Explanation:

Cloud-to-cloud integration in SAP uses modern technologies.

A: Correct. Predelivered APIs enable standard integration.

B: Correct. Integration Suite handles complex scenarios.

Comprehensive and Detailed in Depth Explanation:

Posting period variants in SAP S/4HANA Cloud control account-specific restrictions.

B: Correct. Customer reconciliation accounts can be restricted.

C: Correct. G/L accounts are controlled by period variants.

Comprehensive and Detailed in Depth Explanation:

In SAP S/4HANA Cloud’s Test Automation Tool (available via SAP Cloud ALM), the "Read" button is used during test script recording to capture screen elements for validation or variable assignment during automated test execution.

Option A (To capture a static label on the screen that should be checked during test execution): Correct. Static labels (e.g., field names or titles) are often captured to verify UI consistency or screen navigation during test runs. This ensures the test validates expected screen content.

Option B (To capture a value in a text field that should be stored as a variable): Correct. The "Read" function can extract dynamic values (e.g., an invoice number) from text fields, storing them as variables for use in subsequent steps, such as validations or inputs.

Option C (To capture an error message on the screen that can be used later): Incorrect. While error messages can be validated, the "Read" button is not typically used for this; instead, assertions or specific error-handling steps are recorded separately.

Option D (To capture text in a message screen that can be used for data binding later): Incorrect. Message screens (e.g., pop-ups) are handled differently, often via specific actions like "Confirm" or "Check Message," not the generic "Read" function.

Comprehensive and Detailed in Depth Explanation:

In SAP S/4HANA Cloud Financial Accounting, managing payment differences during manual incoming payments is a key Accounts Receivable process.

Option C (Residual payment): Correct. Residual payments allow the remaining open amount (difference) to be posted as a new open item, clearing the original invoice partially.

Option D (Partial payment): Correct. Partial payments reduce the open invoice amount without clearing it fully, leaving the balance open.

Option E (Payment on account): Correct. Payments can be posted to the customer’s account without clearing specific invoices, often used when the payment cannot be matched.

Option A (Individual value adjustment): Incorrect. This relates to bad debt provisioning, not payment difference management.

Option B (Return payment): Incorrect. This is not a standard SAP term for handling differences; it implies reversing a payment, not managing variances.

Comprehensive and Detailed in Depth Explanation:

Foreign currency valuation in SAP S/4HANA Cloud revalues open items and balances.

A: Correct. The balance is converted to local currency using the period-end rate.

Comprehensive and Detailed in Depth Explanation:

Post-upgrade maintenance tools assist adaptation.

B: Correct. Assesses release impacts.

D: Correct. Highlights new features.

Comprehensive and Detailed in Depth Explanation:

Fit-to-Standard workshops align processes with SAP standards.

B: Correct. Demos show best practices.

D: Correct. Identifies config/customization needs.