Pass the SAP SAP Certified Associate C_S4CFI_2504 Questions and answers with CertsForce

Comprehensive and Detailed in Depth Explanation:

Assets under construction (AUC) in SAP S/4HANA Cloud are managed via asset class.

D: Correct. A specific AUC asset class (e.g., with no depreciation) identifies it as under construction.

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.

Comprehensive and Detailed in Depth Explanation:

Recurring entries in SAP S/4HANA Cloud (e.g., via "Manage Recurring Entries") offer flexibility.

C: Correct. Scheduling enables automatic execution.

D: Correct. Standard apps allow posting with document type RE.

E: Correct. Templates can generate recurring invoices.

Comprehensive and Detailed in Depth Explanation:

Cost-of-sales accounting in SAP S/4HANA Cloud uses functional areas for P&L reporting.

A: Correct. Links costs to functions (e.g., production, sales).

Comprehensive and Detailed in Depth Explanation:

Industry cloud solutions are available via SAP’s marketplace.

B: Correct. SAP Store offers industry-specific solutions.

Comprehensive and Detailed in Depth Explanation:

Product-specific configuration in SAP CBC adjusts system settings.

B: Correct. Sales orgs can be added.

C: Correct. Billing blocks are configurable.

E: Correct. Approval thresholds are adjustable.

Comprehensive and Detailed in Depth Explanation:

SAP S/4HANA Cloud 3-system landscape includes:

A: Correct. Sandbox for exploration.

B: Correct. Starter for configuration prep.

D: Correct. Test for validation.

Comprehensive and Detailed in Depth Explanation:

In the "Manage Fixed Assets" app, assets in a pre-activation state are tracked separately.

B: Correct. "Draft" tab shows assets created but not yet activated or posted.

Comprehensive and Detailed in Depth Explanation:

In the SAP S/4HANA Migration Cockpit, the data retention period determines how long migration data (e.g., staging tables or files) is retained before being archived or deleted, aligning with data governance and compliance requirements.

Option A (When the project status is "Not started"): Correct. The retention period is defined during the initial setup of a migration project in the Migration Cockpit, before any data is loaded or processed. This is part of the project configuration in the "Create Project" step, ensuring clarity on data lifecycle management from the outset.

Option B (When the project status is "Finished"): Incorrect. By the "Finished" stage, migration activities are complete, and the retention period is already in effect—changes are no longer allowed.

Option C (When the project status is "In progress"): Incorrect. While adjustments can be made during "In progress," the retention period is a foundational setting established earlier.

Option D (When the project status is "Completed"): Incorrect. "Completed" is not a standard status in the Migration Cockpit; "Finished" is the final status, and retention is predefined.

Comprehensive and Detailed in Depth Explanation:

SOX compliance in SAP Advanced Financial Closing enforces segregation of duties.

C: Correct. It ensures the responsible and processing users differ.