EXAM C_S4CFI_2408
80 questions (180m)
66% cut score
Available in English, Japanese
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Topic areas
Please see below the list of topics that may be covered within this SAP Certification and the courses that touches on these topics. Its accuracy does not constitute a legitimate claim. SAP reserves the right to update the exam content (topics, items, weighting) at any time.
Introduction to Cloud Computing and SAP Cloud ERP Deployment Options
Exam percentage: ≤10%
Related course code: S4C01_30
Outlining the Record-to-Report Process in SAP S/4HANA
Exam percentage: 11% – 20%
Related course code: F1211, F1212, F1213
Describing the Payables Management Process in SAP S/4HANA
Exam percentage: ≤10%
Related course code: F1130
Describing the Receivables Management Process in SAP S/4HANA
Exam percentage: ≤10%
Related course code: F1140
Designing Asset Accounting Process in SAP S/4HANA
Exam percentage: 11% – 20%
Related course code: F1241, F1242, F1243
System Landscapes and Identity Access Management
Exam percentage: ≤10%
Related course code: S4C01_30
Configuration and the SAP Fiori Launchpad
Exam percentage: ≤10%
Related course code: S4C01_30
Extensibility and Integration
Exam percentage: ≤10%
Related course code: S4C01_30
Data Migration and Business Process Testing
Exam percentage: ≤10%
Related course code: S4C01_30
Implementing with a Cloud Mindset, Building the Team, and Conducting Fit-to-Standard Workshops
Exam percentage: ≤10%
Related course code: S4C01_30
Sample Question and Answers
QUESTION 1
Where are the manual test cases created for customer User Acceptance Testing?
A. Test Automation Tool
B. SAP Solution Manager
C. SAP Cloud ALM
D. SAP Signavio Process Navigator
Answer: C
Explanation:
In the context of SAP SHANA Cloud Public Edition – Financial Accounting, manual test cases for
customer User Acceptance Testing (UAT) are typically created and managed in SAP Cloud ALM
(Application Lifecycle Management). SAP Cloud ALM is designed to support the implementation and
operations of SAP cloud solutions like SHANA Cloud. It offers a comprehensive set of capabilities
for managing requirements, test cases, test executions, and defects during the lifecycle of SAP cloud
projects. Unlike SAP Solution Manager, which is more suited for on-premise implementations, SAP
Cloud ALM is tailored for cloud environments, making it the preferred tool for managing test
activities, including manual test cases for UAT in a cloud setting.
References:
SAP Cloud ALM official documentation
SAP SHANA Cloud implementation guides and best practices
QUESTION 2
Which dimension do you use to produce external financial statements based on cost-of-sales accounting?
A. Functional area
B. Profit center
C. Segment
D. Market segment
Answer: A
Explanation:
For producing external financial statements based on cost-of-sales accounting, the ‘Functional area’
dimension is used. Cost-of-sales accounting is an approach that matches the costs of products sold
with the revenues generated from their sale, providing a more accurate representation of the profit
for a specific period. The functional area dimension allows for the classification of expenses
according to the functions within an organization, such as production, sales, or administration,
making it a key dimension for cost-of-sales accounting. This classification helps in the preparation of
income statements where expenses are categorized based on their function, which is essential for cost-of-sales accounting.
References:
SAP SHANA Cloud documentation on financial reporting and analytics
Financial Accounting standards and practices that discuss the principles of cost-of-sales accounting
QUESTION 3
What are the restrictions when posting general journal entries to special periods? Note: There are 2 correct answers to this question
A. You must specify a posting date in the last period of the fiscal year.
B. You must only post to balance sheet accounts.
C. You must use the document type YE (year end).
D. You must manually enter the specific special period you are posting to
Answer: A, D
Explanation:
When posting general journal entries to special periods in SAP SHANA Cloud Public Edition, there
are specific restrictions to ensure the integrity of financial data, particularly for year-end closing
processes. Firstly, any postings to special periods must have a posting date that falls within the last
period of the fiscal year. This is to ensure that transactions are recorded in the correct fiscal year
before being allocated to special periods, which are typically used for year-end closing adjustments.
Secondly, users must manually specify the special period for each posting. Special periods (usually 1
to 4) are used for year-end closing activities, such as audit adjustments, and are beyond the regular
posting periods. Unlike regular periods, SAP doesn’t automatically determine the special period
based on the posting date; it requires explicit selection by the user to ensure that postings are
correctly allocated for year-end adjustments and reporting.
References:
SAP SHANA Cloud Financial Accounting documentation on year-end closing procedures
Best practices for financial period-end closing in SAP SHANA Cloud
QUESTION 4
What must you create when you build an integration scenario using the SAP Fiori Communication
Management apps in SAP SHANA Cloud Public Edition? Note: There are 2 correct answers to this question
A. Communication arrangement
B. Communication system
C. Communication API
D. Communication interface
Answer: A, B
Explanation:
In SAP SHANA Cloud Public Edition, when building an integration scenario using the SAP Fiori
Communication Management apps, it is essential to create both a ‘Communication Arrangement’
and a ‘Communication System’. The Communication System represents the external system or the
SAP system itself in the context of the integration. It is where you define the system’s details, such as
system ID and host information. The Communication Arrangement, on the other hand, specifies how
the SAP SHANA system communicates with the defined Communication System, including the
services to be used, authentication methods, and other specific settings required for the integration.
These components are crucial for setting up secure and effective communication between SAP
SHANA Cloud and other systems or applications.
References:
SAP SHANA Cloud documentation on Communication Management Setup
SAP Fiori apps reference library for Communication Management
QUESTION 5
What is the role of the valuation method in the foreign currency valuation of accounts payable?
Note: There are 3 answers to this question.
A. Define the document type for the valuation posting
B. Define the exchange rate type
C. Determine the G/L accounts for the valuation posting
D. Define the valuation procedure
E. Define the posting and reversal date for the valuation posting
Answer: B, C, D
Explanation:
In the context of foreign currency valuation for accounts payable in SAP SHANA Cloud Public
Edition, the valuation method plays a critical role in several aspects. Firstly, it defines the exchange
rate type to be used for the valuation, which determines how the exchange rates are sourced and
applied during the valuation process. Secondly, it determines the G/L accounts that will be affected
by the valuation postings, ensuring that currency gains or losses are recorded in the appropriate
financial accounts. Lastly, the valuation method defines the valuation procedure, which outlines the
specific rules and conditions under which the valuation is performed, such as whether historical rates
are used, whether realized gains and losses are considered, and the method for valuing open items
and balances.
References:
SAP Help Portal documentation on Foreign Currency Valuation
SAP SHANA Cloud user guides for Financial Accounting
QUESTION 6
Which of the following are steps in an automated payment run process? Note: There are 3 correct answers to this question
A. Maintain Parameters
B. Upload Bank Statement
C. Schedule Payment Run
D. Schedule Proposal Run
E. Schedule Invoice Run
Answer: A, C, D
Explanation:
In an automated payment run process within SAP SHANA Cloud Public Edition, the key steps
include ‘Maintaining Parameters’, ‘Scheduling Proposal Run’, and ‘Scheduling Payment Run’.
Maintaining Parameters involves setting up the criteria for the payment run, such as payment
methods, company codes, and payment dates. The Proposal Run is then scheduled, during which the
system identifies open items that meet the criteria set in the parameters and proposes them for
payment. This step allows for a review and adjustment of the payment proposal before final
execution. Finally, the Payment Run is scheduled, where the system processes the payments for the
approved proposals, generating payment documents and updating the financial accounts accordingly.
References:
