C_S4CFI_2302 Exam Dumps - SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance

The organizational entities that are required in SAP Central Business Configuration are defined by:

• The selected scope
• System consistency checks The selected scope determines the high-level functional areas and business processes that are relevant for your business scenario. System consistency checks ensure that the organizational entities are consistent with the system requirements and dependencies. The selected deployment target and added partner content do not define the organizational entities. References: https://help.sap.com/viewer/product/SAP_CENTRAL_BUSINESS_CONFIGURATION/latest/en-US

You use the business catalogs to provide users access to the apps relevant for their business functions. Business catalogs are collections of apps that are grouped by business roles or scenarios. You assign business catalogs to business roles to grant users access to the apps they need to perform their tasks. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242a44940d.html

Fixed asset and business partner are two of the objects that must be available before legacy G/L account balances can be completely migrated in the SAP S/4HANA Cloud system. These objects are required to assign G/L account balances to fixed assets and business partners during data migration. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

Deposit at notice is a financial transaction that involves a repayment at the end of the contract with no interest payments made during the term. Deposit at notice is a type of money market transaction where one party deposits funds with another party for an indefinite period, subject to a notice period for withdrawal. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.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 maintenance functions of the financial statement version (FSV) with the “Manage Global Hierarchies” app are:

• Assign profit centers
• Create draft hierarchy versions You cannot use this app to create G/L account master data, assign semantic objects, or add new nodes to the FSV hierarchy. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/7e30637d0a0545f99f6a65242a44940d.html

 Customers can scope pre-defined scenario bundles, scope extensions, and countries where business processes will run in SAP S/4HANA Cloud with Central Business Configuration (CBC). CBC does not support non-standard scenarios or public sector processes. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/5a3c7e1a2a2f4d9dbd6e0a2b1f2b6e3c.html

You would use Read Access Logging (RAL) to determine if a business user accessed a business partner’s personal data. RAL is a tool that allows you to monitor and log read access to sensitive data in your system, such as personal data of customers or employees. RAL helps you comply with data protection regulations and audit requirements. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

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

Training Dataset and Testing Dataset are two types of datasets that are required for predictive scenarios. Training Dataset is used to train the predictive model based on historical data. Testing Dataset is used to validate the predictive model based on new data. References: https://help.sap.com/doc/00f68c2e08b941f081002fd3691d86a7/release/en-US/f2db0ee54bb94daeb2da059eaa538ac9.html QUESTION NO: 40

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

A. Storage location

B. Credit control area

C. Company code

D. Sales office

Answer: A, C

Storage location and company code are two organizational units that are directly linked to a plant. A storage location represents a physical or logical place where materials are stored within a plant. A company code represents an independent legal entity that is required for external reporting. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

The prerequisites for using the SAP Fiori app Test your process are:

• SAP Best Practices are activated in the system and connected to Test Engine on SAP cloud platform
• Test user has all the necessary roles to run the process You do not need to upload test scripts to SAP S/4HANA Cloud or connect the development system to the implementation landscape for using this app. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

You specify the retention time of temporary data in the migration project when you perform data migration using the SAP S/4HANA Migration Cockpit. The migration project is where you define general settings for your data migration, such as source system, target system, migration objects, and retention time. The retention time determines how long temporary data is stored in staging tables before it is deleted automatically. References: https://help.sap.com/viewer/product/SAP_S4HANA_MIGRATION_COCKPIT/latest/en-US

Defining specifications for data extraction on legacy system is one of the activities that you perform during the data load preparation. This activity involves defining the source fields, mapping rules, and transformation rules for each data migration object. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

You can use SAP S/4HANA Cloud for Credit Integration for the following activities:

• Supplement internal customer data to better monitor a customer’s credit risk
• Import customer credit ratings from external credit rating agencies You cannot use SAP S/4HANA Cloud for Credit Integration to calculate a customer’s real-time credit limit based on a manual credit rating, notify an external credit agency about outstanding customer payments, or export customer credit ratings to external credit rating agencies. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_CREDIT_INTEGRATION/latest/en-US

Some of the benefits that can be harnessed when using the SAP digital payments add-on are:

• Predictable setup and operation costs
• Future proof payment methods The SAP digital payments add-on does not provide enhanced credit card number storage, unlimited number of Payment Service Providers, or intelligent data analytics as benefits. References: https://help.sap.com/viewer/product/SAP_DIGITAL_PAYMENTS_ADDON/latest/en-US