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C_S4CFI_2408 dumps questions answers

SAP C_S4CFI_2408 Dumps

Exam Code:
C_S4CFI_2408
Exam Name:
SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting
Last Update: Dec 5, 2024
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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting Practice Questions

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C_S4CFI_2408 FAQs

The SAP C_S4CFI_2408 exam, or “SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation,” certifies expertise in implementing finance modules in SAP S/4HANA Cloud. It assesses knowledge in areas such as financial accounting, asset accounting, and general ledger functions.

This certification is ideal for SAP consultants, financial analysts, and IT professionals specializing in finance, who are working with or planning to implement SAP S/4HANA Cloud in a public cloud environment.

The C_S4CFI_2408 is focused on SAP S/4HANA Cloud (public) implementations, addressing cloud-specific tools, configurations, and workflows, while the on-premise certification deals with traditional, customizable installations that require more extensive technical configurations.

This certification validates your expertise in SAP S/4HANA Cloud for Finance, making you highly competitive for roles in finance and IT consulting. As more companies adopt cloud solutions, this certification becomes increasingly valuable.

There are no strict prerequisites, but SAP recommends hands-on experience with SAP S/4HANA Cloud and a solid understanding of finance processes. Completing relevant SAP training can improve success on this exam.

The SAP C_S4CFI_2408 is specific to SAP S/4HANA Cloud finance implementation and is more technical in nature, while the CFA focuses on broader financial analysis and investment management. SAP C_S4CFI_2408 is ideal for professionals in finance IT, while CFA suits financial analysts and portfolio managers.

Yes, this certification provides a solid foundation in SAP S/4HANA Cloud finance solutions, making it ideal for transitioning into finance-focused IT consulting roles, particularly within organizations using SAP S/4HANA.

SAP certifications, including C_S4CFI_2408, are typically valid for three years. SAP recommends renewal through updated exams or continuing education to stay current with evolving technology.

Salaries for professionals with this certification generally range from $80,000 to $120,000 annually, depending on experience, location, and specific job role. Consulting and senior positions in finance IT can offer higher compensation.

The C_S4CFI_2408 focuses on SAP S/4HANA Cloud (public) finance implementations, whereas the C_TS4FI_2020 covers on-premise financial accounting configurations. C_S4CFI_2408 is suited for cloud environments, while C_TS4FI_2020 is for on-premise systems.

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting Questions and Answers

Questions 1

You have a bank account in foreign currency. During the period you have posted various deposits and withdrawals from the account.

After the foreign currency valuation run, how does the system evaluate the balance of this account?

Options:

A.

In local currency, with the exchange rate valid for each transaction.

B.

In local currency, with the exchange rate valid on (he last day of the period.

C.

In foreign currency, converted to local currency on a statistical ledger.

D.

In foreign currency, with no need for conversion.

Questions 2

Which of the following activities are completed in the Realize phase of the SAP ActivateMethodology?

Note; There are 2 correct answers to this question.

Options:

A.

Gather perceived change impact feedback

B.

Demonstrate where to find business process documentation

C.

Set up manual test cases in SAP Cloud ALM

D.

Enter configuration values in SAP Central Business Configuration

Questions 3

What can you do when executing a depreciation posting run? Note: There are 3 correct answers to this question.

Options:

A.

You can check the posted depreciation for each asset on the Fl document.

B.

You can reverse the Fl posting documents of the depreciation run.

C.

You can process a depreciation test run for individual assets.

D.

You can run depreciation separately for each ledger.

E.

You can select to cancel the depreciation run if the program finds errors in individual assets

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