C-S4CFI-2408 Question Explanations, Valid C-S4CFI-2408 Exam Camp
C-S4CFI-2408 Question Explanations, Valid C-S4CFI-2408 Exam Camp
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SAP C-S4CFI-2408 Exam Syllabus Topics:
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>> C-S4CFI-2408 Question Explanations <<
Free PDF Quiz SAP - C-S4CFI-2408 - SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Unparalleled Question Explanations
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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q29-Q34):
NEW QUESTION # 29
What is the relation between the line items displayed for a journal entry in the entry view and the general ledger view?
- A. The entry view has as many or more line items as the general ledger view.
- B. The general ledger view displays direct account assignments such as the profit center while these are not available in the entry view.
- C. The entry view displays the subledger accounts (such as customer or supplier) while this is not available in the general ledger view.
- D. The general ledger view has as many or more line items as the entry view.
Answer: C
NEW QUESTION # 30
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 for each transaction
- B. In foreign currency, with no need for conversion
- C. In foreign currency, converted to local currency on a statistical ledger
- D. In local currency, with the exchange rate valid on the last day of the period
Answer: D
Explanation:
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.
* B, C, D:Incorrect. Transaction rates or no conversion do not apply to period-end valuation.References:
SAP Help Portal - "Foreign Currency Valuation Process."
NEW QUESTION # 31
Which of the following fields are maintained on the general data segment of the customer business partner?
Note: There are 2 correct answers to this question.
- A. Communication language
- B. Payment method
- C. Bank key
- D. Company code
Answer: A,C
NEW QUESTION # 32
Which layer of SAP S/4HANA provides a universal language lo read and process data across different applications?
- A. SAP Business Suite
- B. SAP Fiori
- C. SAP HANA
- D. Core Data Services
Answer: D
NEW QUESTION # 33
In general journal entries. Which date determines the reporting period in which document values are included?
- A. Translation Date
- B. Journal Entry Date
- C. Reference Date
- D. Posting Date
Answer: D
Explanation:
In the context of general journal entries in SAP S/4HANA Cloud Public Edition, the 'Posting Date' determines the reporting period in which document values are included. This date is critical as it defines the financial period to which the transaction belongs, affecting the accounting records, financial statements, and the overall financial reporting for that period. Ensuring the correct posting date is vital for maintaining accurate and timely financial information.
References:
SAP S/4HANA Cloud Financial Accounting user guides
SAP Help Portal on general ledger postings
NEW QUESTION # 34
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