FREE PDF QUIZ 2025 C_S4CFI_2408: SAP CERTIFIED ASSOCIATE - IMPLEMENTATION CONSULTANT - SAP S/4HANA CLOUD PUBLIC EDITION, FINANCIAL ACCOUNTING–VALID RELIABLE EXAM DUMPS

Free PDF Quiz 2025 C_S4CFI_2408: SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting–Valid Reliable Exam Dumps

Free PDF Quiz 2025 C_S4CFI_2408: SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting–Valid Reliable Exam Dumps

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q57-Q62):

NEW QUESTION # 57
For an asset under construction (AuC) linked to a WBS element, what do you do? Note: There are 2 correct answers to this question

  • A. Post costs directly to the AuC since the WBS element is always statistical.
  • B. Post cost to the AuC through settlement of the WBS element
  • C. Maintain a settlement rule for the WBS element.
  • D. Post depreciation for the AuC after costs are first debited to it.

Answer: B,C

Explanation:
For an Asset under Construction (AuC) linked to a Work Breakdown Structure (WBS) element in SAP S/4HANA Cloud Public Edition, it's essential to maintain a settlement rule for the WBS element and post costs to the AuC through the settlement of the WBS element. The settlement rule defines how costs collected on the WBS element are allocated to the AuC, ensuring accurate tracking and capitalization of construction costs. This process allows for the systematic transfer of costs from the project structure to the asset structure, facilitating the capitalization of the asset once construction is complete.
References:
SAP S/4HANA Cloud Asset Management documentation
Best practices for project systems and asset accounting integration


NEW QUESTION # 58
You have a bank account in foreign currency. During the period you have posted various deposits to and withdrawals from the account. After the foreign currency valuation run, how does the system evaluate the balance of this account?

  • A. in local currency, with the exchange rate valid on the last day of the period
  • B. In foreign currency, with no need for conversion.
  • C. In local currency, with the exchange rate valid for each transaction
  • D. In foreign currency, converted to local currency on a statistical ledger.

Answer: A

Explanation:
For a bank account in foreign currency, the SAP S/4HANA Cloud system evaluates the balance of this account in local currency using the exchange rate valid on the last day of the period during the foreign currency valuation run. This approach ensures that the financial statements reflect the most current value of foreign currency balances in terms of the local currency, accounting for any fluctuations in exchange rates throughout the period. This valuation is essential for accurate financial reporting and risk management.
References:
SAP S/4HANA Cloud Finance documentation on foreign currency valuation
Guidelines for currency valuation in SAP Financial Accounting


NEW QUESTION # 59
To create a semantic tag, which element do you need to assign to it?

  • A. Tag group
  • B. FSV node
  • C. Number range
  • D. G/L account

Answer: B

Explanation:
Comprehensive and Detailed in Depth Explanation:Semantic tags in SAP S/4HANA Cloud enhance financial reporting.
* A:Correct. Tags are assigned to Financial Statement Version (FSV) nodes.
* B, C, D:Incorrect. These are not directly linked to semantic tags.References:SAP Help Portal -
"Semantic Tags in Reporting."


NEW QUESTION # 60
What are some characteristics of the SAP S/4HANA Migration Cockpit? Note: There are 2 correct answers to this question.

  • A. Combining the local and remote schema approaches into one migration project
  • B. Guidance and simulation of the migration process
  • C. Mapping source values to SAP S/4HANA target values
  • D. Extensibility using the Legacy System Migration Workbench

Answer: B,C

Explanation:
The SAP S/4HANA Migration Cockpit is a tool designed to facilitate the migration of data from legacy systems to SAP S/4HANA Cloud Public Edition. One of its key features is providing guidance and simulation of the migration process, which helps users understand the steps involved and anticipate potential issues before they occur. Additionally, the Migration Cockpit allows for the mapping of source values to SAP S/4HANA target values, ensuring that data from the legacy system is accurately translated and fits into the new S/4HANA environment. This mapping is crucial for preserving data integrity and ensuring seamless business continuity post-migration.
References:
SAP S/4HANA Migration Cockpit documentation
Best practices for data migration to SAP S/4HANA


NEW QUESTION # 61
Which asset characteristic controls if an asset is under construction?

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

Answer: B


NEW QUESTION # 62
......

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