[Mar-2022] SAP C_S4CFI_2111 Exam Practice Test Questions - ExamsTorrent

Updated Certification Exam C_S4CFI_2111 Dumps - Practice Test Questions

NEW QUESTION 25
What does the journal entry type control?

• A. The ledgers updated by the posting values
• B. The transaction currency types allowed to be posted
• C. The types of accounts allowed to be posted to
• D. Whether a posting posts a debit or credit value

Answer: C

 

NEW QUESTION 26
Which functionalities are supported by the SAP Fiori Test Your Processes app? Note: There are 2 correct Answers to this question.

• A. Migrate test plans for execution
• B. Create or change test plans
• C. Remediate failed test scenarios
• D. Import custom test plans

Answer: B,C

 

NEW QUESTION 27
Which of the following consumer applications are integrated out-of-the-box with the payment card process of SAP digital payments add-on? Note: There are 3 correct Answers to this question.

• A. External Billing
• B. Contract Accounting
• C. SAP Cash Application
• D. SAP S/4HANA Cloud for Customer Payments
• E. SAP Real Spend

Answer: A,B,D

 

NEW QUESTION 28
Which types of datasets are required for predictive scenarios? Note: There are 2 correct Answers to this question.

• A. Active Dataset
• B. Training Dataset
• C. Testing Dataset
• D. Apply Dataset

Answer: B,D

 

NEW QUESTION 29
You have created a new bank account and saved it with status "Inactive". What action can you perform on the account? Note: There are 2 correct Answers to this question.

• A. Revert to Active
• B. Activate the Bank Account
• C. Delete the Bank Account
• D. Close the Bank Account

Answer: B,D

 

NEW QUESTION 30
How are analytics capabilities built into SAP S/4HANA Cloud?

• A. They are extended by the user to a dedicated SAP Fiori frontend server
• B. They are embedded in the same technical stack as the application
• C. They are installed as an add-on to the application
• D. They are installed on a dedicated SAP Fiori frontend server

Answer: B

 

NEW QUESTION 31
Which settings does the account group control when creating a new G/L account?

• A. The field status of the field "group account number"
• B. The G/L account types you can assign to the account
• C. The tax categories you can assign to the account
• D. The number range in which the new account can be created

Answer: B

 

NEW QUESTION 32
Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? Note:
There are 2 correct Answers to this question.

• A. Define the tolerance groups for cash flow reconciliation
• B. Perform the required settings for importing bank statements
• C. Activate intraday memo records at the bank account level
• D. Set the reconciliation status open in the Cash Flow Analyzer

Answer: A,B

 

NEW QUESTION 33
Which of the following describes a contract object in SAP S/4HANA Cloud for Contract and Lease Management? Note: There are 2 correct Answers to this question.

• A. Machinery
• B. Service contract
• C. Real Estate
• D. Sublease contract

Answer: A,C

 

NEW QUESTION 34
Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?

• A. Deposit at notice
• B. Cash flow transaction
• C. Bilateral facility
• D. Commercial paper

Answer: D

 

NEW QUESTION 35
Which options are available for the bank account revision in SAP S/4HANA Cloud? Note: There are 2 correct Answers to this question.

• A. Activate automatically
• B. Activate via machine learning
• C. Activate via dual control
• D. Activate directly

Answer: C,D

 

NEW QUESTION 36
What determines the set of data migration objects available from the Migrate Your Data application?

• A. The selected business scenarios
• B. The selected target fields
• C. The customer legacy system
• D. The selected source system

Answer: A

 

NEW QUESTION 37
Which steps are required for data load preparation? Note: There are 3 correct Answers to this question.

• A. Determine data requirements based on scenario reviews
• B. Review data load templates and determine data mapping
• C. Determine if public or private cloud is required for data migration
• D. Design programs or reports required to extract data and initiate data cleansing
• E. Perform full data load to determine the required loading times

Answer: A,B,D

 

NEW QUESTION 38
Which feature is available with a resubmission in Collections & Dispute Management?

• A. It transfers the dispute case to the collections worklist
• B. It documents the details of a customer's pledge to pay an invoice
• C. It initiates the dispute resolution process for one or several invoices
• D. It provides a specific reason why a customer needs to be contacted again

Answer: D

 

NEW QUESTION 39
You need to provide historical data as training input for SAP Cash Application. Which data can you use to train the application? Note: There are 2 correct Answers to this question.

• A. Electronic bank statements
• B. Dunning notices
• C. Liquidity forecast
• D. Payment advices

Answer: C,D

 

NEW QUESTION 40
Which tool is used for the liquidity planning in SAP S/4HANA Cloud?

• A. SAP BPC Optimized for SAP S/4HANA
• B. SAP Liquidity Planner
• C. SAP Integrated Business Planning
• D. SAP Analytics Cloud

Answer: D

 

NEW QUESTION 41
Which key benefit does the machine learning component of the SAP Cash Application provide?

• A. Finding patterns without explicitly specifying rules
• B. Predictable outcome using static rules
• C. Preloaded rule-engines with highly specific process knowledge
• D. Rule-based automation using clearly defined processes

Answer: A

 

NEW QUESTION 42
For which object do you maintain the activity price to perform activity allocation?

• A. Internal order
• B. Key figure
• C. Profit center
• D. Cost center

Answer: D

 

NEW QUESTION 43
What are customers able to scope in SAP S/4HANA Cloud with Central Business Configuration (CBC)?
Note: There are 3 correct Answers to this question.

• A. Non-standard scenarios
• B. Countries where business processes will run
• C. Scope extensions
• D. Public sector processes
• E. Pre-defined scenario bundles

Answer: B,C,E

 

NEW QUESTION 44
Which of the following objects must be available before legacy G/L account balances can be completely migrated in the SAP S/4HANA Cloud system? Note: There are 2 correct Answers to this question.

• A. Internal order
• B. Fixed asset
• C. Business partner
• D. Business area

Answer: B,C

 

NEW QUESTION 45
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