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SAP C_S4CFI_2202 SAP Certified Application Associate – SAP S/4HANA Cloud (public) – Finance Implementation Online Training

Question #1

Which substitution types can you configure for journal entry substitution rules? (Choose three.)

  • A . Substitute with constant value
  • B . Substitute with field value
  • C . Substitute with previous value
  • D . Clear field value
  • E . Substitute with formula value

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Correct Answer: A,C,D
Question #2

Which tool is used for the liquidity planning in SAP S/4HANA Cloud?

  • A . SAP Integrated Business Planning
  • B . SAP Analytics Cloud
  • C . SAP Liquidity Planner
  • D . SAP BPC Optimized for SAP S/4HANA

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Correct Answer: D
D

Explanation:

Reference: https://nttdata-solutions.com/us/local-blog/cash-management-and-liquidity-planning-with-bpc-in-s4hana-finance/#:~:text=Liquidity%20planning%20is%20based%20on,to%20the%20financial%20planning%20solution

Question #3

Which functionalities are supported by the SAP Fiori Test Your Processes app? (Choose two.)

  • A . Remediate failed test scenarios
  • B . Migrate test plans for execution
  • C . Import custom test plans
  • D . Create or change test plans

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Correct Answer: C,D
Question #4

Which activity do you perform during the data load preparation?

  • A . Resolve data issues from the simulation process
  • B . Simulate data load in the new cloud system
  • C . Define specifications for data extraction on legacy system
  • D . Fill in migration templates with legacy data

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Correct Answer: A
A

Explanation:

Reference: https://blogs.sap.com/2017/08/03/sap-activate-explore-phase-use-fit-to-standard-to-confirm-business-process-fit-and-identify-gaps-in-your-sap-s4hana-cloud-implementation/

Question #5

Which of the following objects must be available before legacy G/L account balances can be completely migrated in the SAP S/4HANA Cloud system? (Choose two.)

  • A . Business partner
  • B . Business area
  • C . Fixed asset
  • D . Internal order

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Correct Answer: C,D
C,D

Explanation:

Reference: https://help.sap.com/doc/69dd0f1ef0034261ab6e617e0b2beb21/2020.000/en-US/MigrationObjects_OP_EN.pdf

Question #6

Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? (Choose two.)

  • A . Perform the required settings for importing bank statements
  • B . Define the tolerance groups for cash flow reconciliation
  • C . Activate intraday memo records at the bank account level
  • D . Set the reconciliation status open in the Cash Flow Analyzer

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Correct Answer: A,C
A,C

Explanation:

Reference: https://help.sap.com/doc/474a13c5e9964c849c3a14d6c04339b5/100/en-US/8b25ccfcbcfc453d8d2672d41436e388.html

Question #7

Which of the following postings update the ACDOCA universal journal table? (Choose two.)

  • A . Commitment values from purchase order
  • B . Posting to statistical project
  • C . Enter statistical key figure values
  • D . Plan cost center allocation

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Correct Answer: A,B
A,B

Explanation:

Reference: https://et-plm.de/uploads/products/553/rs_8a33cbdc9f4052c919901864e21576242171991a.pdf

Question #8

The credit profile is used to store which information in the customer master data? (Choose two.)

  • A . The credit exposure
  • B . The credit decisions
  • C . The scoring rules
  • D . The customer credit group

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Correct Answer: A,C
A,C

Explanation:

Reference: https://dfg1988.blogspot.com/2017/12/business-process-in-sap-credit_10.html

Question #9

Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? (Choose two.)

  • A . String test
  • B . Integration test
  • C . Unit test
  • D . Business process test

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Correct Answer: A,B
A,B

Explanation:

Reference: https://s3-eu-west-1.amazonaws.com/gxmedia.galileo-press.de/leseproben/5027/reading_sample_sappress_sap_activate.pdf

Question #10

Which technology is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications?

  • A . Direct connectivity
  • B . SQL Connect function
  • C . SAP Change and Transport System
  • D . SAP Landscape Transformation Replication Server

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Correct Answer: D
D

Explanation:

Reference: https://help.sap.com/viewer/cbff2cb61a354e778fda3f73d75b90f6/3.0/en-US

Question #11

What is the purpose of the Starter system in the SAP S/4HANA Cloud implementation project?

  • A . To demonstrate SAP Best Practices processes in a preconfigured system and identify customer personalization requirements
  • B . To demonstrate the customer’s personalized solution, including process flows, the organizational structure, and authorizations
  • C . To configure the customer’s personalized solution for demonstration and testing during the Realize phase
  • D . To conduct a blueprint workshop to identify all customer requirements for a completely customized solution

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Correct Answer: A
A

Explanation:

Reference: https://blogs.sap.com/2021/05/31/simplifying-sap-s-4hana-cloud-implementation-experience-for-customers-with-sap-central-business-configuration-part-2/?

Question #12

Which types of datasets are required for predictive scenarios? (Choose two.)

  • A . Apply Dataset
  • B . Active Dataset
  • C . Training Dataset
  • D . Testing Dataset

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Correct Answer: A,C
A,C

Explanation:

Reference: https://blogs.sap.com/2019/04/11/pai-blog-series-9-creating-models-in-sap-analytics-cloud-smart-predict-and-publishing-to-sap-s4hana-on-premise/

Question #13

Which feature is available with a resubmission in Collections & Dispute Management?

  • A . It provides a specific reason why a customer needs to be contacted again
  • B . It documents the details of a customer’s pledge to pay an invoice
  • C . It initiates the dispute resolution process for one or several invoices
  • D . It transfers the dispute case to the collections worklist

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Correct Answer: C
C

Explanation:

Reference: https://blogs.sap.com/2017/05/15/collections-management-in-sap-s4-hana-receivables-management/

Question #14

Which data is entered in the asset migration file for each asset master record?

  • A . Cumulative acquisition values in group currency
  • B . Accumulated depreciation values in company code currency
  • C . Accumulated depreciation values in group currency
  • D . Cumulative acquisition values in all currencies

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Correct Answer: A
A

Explanation:

Reference: https://blogs.sap.com/2021/05/13/intelligent-asset-accounting-with-sap-s-4hana-cloud/

Question #15

For which objects can you perform budget availability control? (Choose two.)

  • A . Internal Order
  • B . Profit Center
  • C . Project
  • D . Cost Center

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Correct Answer: A,D
A,D

Explanation:

Reference: https://blogs.sap.com/2019/12/24/budget-availability-control-for-cost-centers-in-sap-s-4hana-1909/

Question #16

In which implementation phase do you perform data load preparation?

  • A . Deploy
  • B . Realize
  • C . Explore
  • D . Prepare

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Correct Answer: C
C

Explanation:

Reference: https://blogs.sap.com/2017/08/03/sap-activate-explore-phase-use-fit-to-standard-to-confirm-business-process-fit-and-identify-gaps-in-your-sap-s4hana-cloud-implementation/

Question #17

You want to authenticate employees in SAP Cloud Identity.

In which app can you download a .CSV file with the list of users?

  • A . Maintain catalog roles
  • B . Maintain communication users
  • C . Maintain business roles
  • D . Maintain business users

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Correct Answer: C
C

Explanation:

Reference: https://blogs.sap.com/2017/12/07/sap-s4hana-cloud-system-setup/

Question #18

Which of the following transactions updates values in Profitability Analysis (CO-PA) reporting?

  • A . Enter statistical key figure
  • B . Post asset acquisition
  • C . Maintain activity prices
  • D . Run allocations

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Correct Answer: A
A

Explanation:

Reference: https://nttdata-solutions.com/in-en/uncategorized/tips-plan-migration-costing-based-co-pa-account-based-co-pa-sap-s4hana-finance/

Question #19

A customer needs detailed customization to the standard forms and email templates.

What solution should the consultant propose?

  • A . Use the corresponding configuration items to modify elements of the form template
  • B . Use the Adobe Lifecycle Designer tool to edit a standard template
  • C . Use the Output Management apps to customize a standard template
  • D . Create a custom UI with the Custom Fields and Logic app

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Correct Answer: C
C

Explanation:

Reference: https://answers.sap.com/questions/13024224/sap-s4hana-cloud-custom-email-template.html

Question #20

When do you perform the goods and invoice receipts reconciliation process?

  • A . When a purchase order is posted, but no invoice has been received
  • B . When an invoice is posted, but no relevant purchase order is available
  • C . When a purchase order is posted, but no goods receipt has been received
  • D . When an invoice is posted, but no goods receipt has been received

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Correct Answer: B
B

Explanation:

Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2111.501/en-US/17f3a45189524e78b4a80bf51ff2b741.html

Question #21

Which asset characteristic controls if an asset is under construction?

  • A . Depreciation key
  • B . Settlement profile
  • C . Asset class
  • D . Capitalization date

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Correct Answer: C
C

Explanation:

Reference: https://blogs.sap.com/2020/07/17/asset-accounting-in-central-finance/

Question #22

What are the steps for conducting automated business process testing? (Choose three.)

  • A . Create a test system
  • B . Run the test
  • C . Correct and rerun failed test processes
  • D . Assess data management
  • E . Create a test plan

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Correct Answer: B,D,E
B,D,E

Explanation:

Reference: https://blogs.sap.com/2020/05/28/how-to-perform-standard-best-practice-testing-using-sap-s-4hana-cloud-test-automation-tool-part-2/

Question #23

When processing a cross-company code transaction between 3 company codes, what is the minimum number of journal entries posted by the system?

  • A . 4
  • B . 3
  • C . 6
  • D . 1

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Correct Answer: A
A

Explanation:

Reference: https://blogs.sap.com/2020/06/01/intercompany-cost-allocations-in-s-4hana-cloud/

Question #24

You need to provide historical data as training input for SAP Cash Application.

Which data can you use to train the application? (Choose two.)

  • A . Electronic bank statements
  • B . Dunning notices
  • C . Payment advices
  • D . Liquidity forecast

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Correct Answer: A,C
A,C

Explanation:

Reference: https://blogs.sap.com/2020/07/20/cash-application-with-machine-learning-summary-info/

Question #25

Which organizational units are directly linked to a plant? (Choose two.)

  • A . Credit control area
  • B . Storage location
  • C . Company code
  • D . Sales office

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Correct Answer: B,C
Question #26

You want to perform scripted calculations in your planning model.

How can you achieve this on the SAP Analytics Cloud?

  • A . Data Wrangling
  • B . Data Actions
  • C . Input Tasks
  • D . Value Driver Trees

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Correct Answer: B
B

Explanation:

Reference: https://help.sap.com/doc/a2c49c40bbe549ef9c291537aa561430/release/en-US/index.html

Question #27

What can you use the Query Browser app to do? (Choose two.)

  • A . Create your own tags for CDS views
  • B . Create and publish a query
  • C . Modify an SAP-created analytical query
  • D . View authorized published queries

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Correct Answer: A,C
A,C

Explanation:

Reference: https://blogs.sap.com/2019/04/01/s4-hana-consume-cds-view-in-query-browser/

Question #28

After approving a journal entry as a processor, you see the system has marked the posting as failed.

How do you resolve this?

  • A . Ask the requester to correct the journal entry and resubmit it
  • B . Create a new journal entry with the correct data and post it
  • C . Ask the requester to create a new entry with the correct data and resubmit it
  • D . Correct the indicated errors in the original entry and post it

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Correct Answer: D
Question #29

When can you add relationships in the organizational structure in SAP Central Business Configuration? (Choose two.)

  • A . After content activation
  • B . During content activation
  • C . Before initial content activation
  • D . Before defining the primary finance settings

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Correct Answer: B,C
Question #30

For which object do you maintain the activity price to perform activity allocation?

  • A . Cost center
  • B . Profit center
  • C . Key figure
  • D . Internal order

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Correct Answer: A
A

Explanation:

Reference: https://erproof.com/co/sap-co-training/sap-direct-activity-allocation/

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