C_S4CFI_2302 SAP Certified Application Associate: SAP S/4HANA Cloud (public) - Finance Implementation Questions and Answers

You use the Cloud ABAP Web Editor to change or add business rules and business logic in the key user extensibility scenario. The Cloud ABAP Web Editor is a tool that allows you to create and edit custom business objects, custom CDS views, custom code lists, and custom logic using ABAP in SAP S/4HANA Cloud. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html

When creating an account for costs of printing marketing materials, you should choose primary cost account as the account type. Primary cost accounts are used to record costs that are incurred directly by a cost object, such as materials or services purchased from external vendors. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

The options available for the bank account revision in SAP S / 4HANA Cloud are:

• Activate via dual control
• Activate directly You cannot activate a bank account via machine learning or automatically in SAP S / 4HANA Cloud. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/b6e2e2e06e4946ecad2ab27af385aa72.html

An implementation consultant supports the customer during Fit-to-Standard workshops by doing the following:

• Demonstrate SAP Best Practices in the starter system
• Highlight gaps that require decisions on configuration or extensibility The Fit-to-Standard workshop is a process where the customer validates the fit of their business requirements with the standard solution provided by SAP S/4HANA Cloud. The implementation consultant helps the customer understand how the standard solution works and identify any gaps that need to be addressed by configuration or extensibility options. The implementation consultant does not determine set up instructions for Customer-Driven Integrations, conduct end-user training on all active scope items, or create custom test scripts for testing scenarios. These tasks are performed by other roles such as integration experts, key users, or test managers. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

Plan cost center allocation and commitment values from purchase order are two of the postings that update the ACDOCA universal journal table. Plan cost center allocation posts planned costs from cost center planning to ACDOCA. Commitment values from purchase order posts commitments from purchase orders to ACDOCA. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

Direct connectivity is the technology that is used to integrate SAP S/4HANA Cloud with other SAP and non-SAP applications. Direct connectivity allows you to establish secure connections between SAP S/4HANA Cloud and other systems using HTTPS or RFC protocols. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/0c7d0a8a9f9e4d1f9a0c3c8e1f6b3e2d.html

The prerequisites for using the SAP Fiori Test Your Processes app are:

• SAP Best Practices are activated in the quality system
• The quality system is connected to the Test Execution Service on SAP Business Technology Platform You do not need to connect the productive system to the implementation landscape or upload the test scripts in the productive system for using the app. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

Financial Accounting is the entity that deals with processing the bank account statement and journal entries for bank / credit card settlement accounts. Financial Accounting handles all transactions related to bank accounts and payments. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html

You use the SAP Best Practices Explorer to run the SAP Cloud Integration Automation Service for SAP S/4HANA Cloud. The SAP Best Practices Explorer is a web-based tool that allows you to discover and consume predefined integration content for connecting SAP S/4HANA Cloud with other SAP Cloud solutions. The SAP Cloud Integration Automation Service is a tool that allows you to discover, configure, and deploy predefined integration content for connecting SAP S/4HANA Cloud with other SAP Cloud solutions. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The Key Performance Indicators that are available in the Treasury Executive Dashboard in SAP Analytics Cloud are:

• Counterparty Risk - Utilization Overview
• Liquidity by Region These KPIs provide insights into the exposure and liquidity situation of the treasury organization. Open Disputes by Country and Payments per Company Code are not KPIs available in the Treasury Executive Dashboard. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD_FOR_TREASURY_MANAGEMENT/latest/en-US

SAP Cloud Platform for customer payments is the application that provides the electronic bill presentment and payment capability. This application allows you to create and send electronic invoices to your customers and enable them to pay online using various payment methods. References: https://help.sap.com/viewer/product/SAP_CLOUD_PLATFORM_FOR_CUSTOMER_PAYMENTS/latest/en-US

Some of the responsibilities of a Customer Center of Expertise (CCOE) are:

• Determine KPIs that will support a continuous improvement mindset
• Reduce the total cost of ownership for IT
• Serve as a central contact for SAP and manage interactions with the SAP Service Center A CCOE is an organizational unit that provides support and governance for the customer’s SAP solution landscape. A CCOE does not conduct risk-based assessments to determine the value of activating new processes or ensure the resources necessary for the project’s success are available. These tasks are performed by other roles such as business process experts or project managers. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The Quality system is activated after the Starter system is terminated. The Starter system is a temporary system that is used for scoping and configuration activities during the Explore phase. The Quality system is a permanent system that is used for testing and validation activities during the Realize phase. References: https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/latest/en-US

The Test Your Processes app supports the functionalities of remediating failed test scenarios and creating or changing test plans. You can use the app to execute predefined test plans or create your own test plans based on your business processes. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

Based on the SAP Activate methodology, business process test and integration test are formal tests that must be documented during implementation. Business process test verifies that all business processes work as expected in the Quality system. Integration test verifies that all interfaces and integrations work as expected in the Quality system. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/bf3d6e0c6f4740a09ed5d3c3981b8f1d.html

The journal entry type controls the types of accounts allowed to be posted to. For example, journal entry type AA allows posting to asset accounts, journal entry type SA allows posting to G/L accounts, and journal entry type AB allows posting to both asset and G/L accounts. The journal entry type does not control the ledgers updated, the transaction currency types allowed, or whether a posting posts a debit or credit value. References: https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c3981b8f1d.html