LAB C_S4CFI_2504 QUESTIONS & C_S4CFI_2504 RELIABLE TEST MATERIALS

Lab C_S4CFI_2504 Questions & C_S4CFI_2504 Reliable Test Materials

Lab C_S4CFI_2504 Questions & C_S4CFI_2504 Reliable Test Materials

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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q15-Q20):

NEW QUESTION # 15
Which financial statement nodes are part of the calculation for net profit/loss? Note: There are 2 correct answers to this question.

  • A. Liabilities and Equity
  • B. Financial Statement Notes
  • C. Assets
  • D. Not Assigned

Answer: A,D


NEW QUESTION # 16
How can you define the relationship between business roles and business catalogs?

  • A. A business catalog is a collection of one or more business roles
  • B. A business catalog restricts access to one or more business roles
  • C. A business role restricts access to one or more business catalogs
  • D. A business role is a collection of one or more business catalogs

Answer: D

Explanation:
Comprehensive and Detailed in Depth Explanation:
In SAP S/4HANA Cloud, roles and catalogs define access.
D: Correct. Roles aggregate catalogs for permissions.
A, B, C: Incorrect. Roles contain catalogs, not vice versa.


NEW QUESTION # 17
Which of the following analyses can you create from the Manage KPIs and Reports app?
Note: There are 3 correct answers to this question.

  • A. Object Views
  • B. Lumira Dashboards
  • C. Review Booklets
  • D. SAC Stories
  • E. Multidimensional Reports

Answer: C,D,E

Explanation:
Comprehensive and Detailed in Depth Explanation:
The "Manage KPIs and Reports" app supports analytical outputs.
B: Correct. Multidimensional reports are available.
C: Correct. Review booklets for financial analysis.
D: Correct. SAC Stories integrate with analytics.
A, E: Incorrect. Lumira and Object Views are separate tools.


NEW QUESTION # 18
In SAP Advanced Financial Closing, you try to generate a task list but receive an error from the consistency check. What could cause this?
Note: There are 2 correct answers to this question.

  • A. Missing factory calendar assignment for tasks
  • B. Missing organizational unit assignments in folders
  • C. Missing user assignments for tasks
  • D. Missing task assignments in folders

Answer: A,B

Explanation:
Comprehensive and Detailed in Depth Explanation:
SAP Advanced Financial Closing requires consistent task list setup.
B: Correct. Factory calendar is mandatory for scheduling.
D: Correct. Organizational units must be assigned to folders.
A, C: Incorrect. User and task assignments are optional or checked later.


NEW QUESTION # 19
You need to produce additional financial statements according to local GAAP requirements. Which of the following can help?

  • A. Ledger group
  • B. Journal entry type
  • C. Profit center group
  • D. Functional area

Answer: A

Explanation:
Comprehensive and Detailed in Depth Explanation:
Local GAAP compliance often requires parallel accounting.
C: Correct. Ledger groups support multiple accounting principles (e.g., IFRS vs. GAAP).
A, B, D: Incorrect. These do not address GAAP-specific reporting.


NEW QUESTION # 20
......

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