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SAP C_S4CFI_2408 Reliable Test Answers & Reliable C_S4CFI_2408 Test Testking

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q63-Q68):

NEW QUESTION # 63
Which fields can you define on the Chart of Accounts level of a G/L Account? Note: There are 2 correct answers to this question

A. Functional area
B. Account currency
C. G/L account type
D. Account group

Answer: B,D

Explanation:
On the Chart of Accounts level of a General Ledger (G/L) account in SAP S/4HANA Cloud Public Edition, you can define fields such as 'Account Currency' and 'Account Group': A. Account Currency: This specifies the currency in which transactions are to be recorded for that G/L account, influencing how financial data is managed and reported in different currencies. D. Account Group: It categorizes G/L accounts, aiding in their organization and management, and determines the range of number assignments and the screen layout during G/L account creation and maintenance.
References:
SAP S/4HANA Cloud Financial Accounting documentation
Best practices for managing the Chart of Accounts in SAP

NEW QUESTION # 64
What are some characteristics of public cloud? Note: There are 2 correct answers to this question

A. Multitenant server
B. Perpetual license
C. Lower total cost of ownership
D. Software installation on customer site

Answer: A,C

Explanation:
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

NEW QUESTION # 65
Which dimension do you use to produce external financial statements based on cost-of-sales accounting?

A. Functional area
B. Segment
C. Market segment
D. Profit center

Answer: A

NEW QUESTION # 66
How can you identify an asset number as a main asset number?

A. By the lack of prefix for the asset
B. By the prefix -0 after the asset number
C. By the description of the asset
D. By the prefix -1 after the asset number

Answer: B

Explanation:
In SAP systems, an asset number identified as a main asset number typically has a prefix -0 following the asset number. This convention helps distinguish main assets from sub-assets or individual asset components, facilitating effective asset management and reporting. The -0 suffix indicates that the asset is a primary, standalone asset rather than a part of another asset.
References:
SAP S/4HANA Cloud Asset Management guide
SAP documentation on asset structures and numbering conventions

NEW QUESTION # 67
On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

A. G/L account
B. Customer reconciliation account
C. Supplier account
D. Fixed asset number

Answer: A,C

NEW QUESTION # 68
......

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Bill White Bill White

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