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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q74-Q79):

NEW QUESTION # 74
Which asset characteristic controls if an asset is under construction

A. Capitalization date
B. Asset class
C. Settlement profile
D. Depreciation key

Answer: B

Explanation:
In SAP S/4HANA Cloud Public Edition, the characteristic that controls whether an asset is under construction is the 'Asset class'. Asset classes are used to categorize assets and define the controlling parameters for asset postings, including whether the asset is under construction. Assets under construction are typically managed in their own asset class with specific configurations, such as capitalization date rules and depreciation keys, tailored to the treatment of construction in progress until they are ready to be capitalized and put into use.
References:
SAP S/4HANA Cloud Asset Management guide
SAP Help documentation on asset classes and assets under construction

NEW QUESTION # 75
After integration requirements have been finalized, what is used to analyze, design, and document... the integration strategy?

A. Integration Solution Advisory Methodology
B. Integration and API List
C. SAP Cloud ALM Requirements app
D. SAP Business Accelerator Hub

Answer: A

NEW QUESTION # 76
What do you use to collect the values that are entered into the configuration activities in SAP Central Business Configuration?

A. Business Driven Configuration Questionnaire
B. SAP Cloud ALM Requirements app
C. Availability and Dependencies of Solution Process Excel
D. SAP Cloud ALM Processes app

Answer: A

Explanation:
Comprehensive and Detailed in Depth Explanation:Configuration values are gathered early in SAP CBC.
* A:Correct. BDCQ collects configuration inputs.
* B, C, D:Incorrect. These are tracking or reference tools.References:SAP Help Portal - "SAP Central Business Configuration."

NEW QUESTION # 77
In which structure do you define where the accounts appear in the financial statement?

A. Financial statement version
B. Accounting principle
C. Ledger group
D. Chart of accounts

Answer: A

Explanation:
In SAP S/4HANA Cloud Public Edition, the structure where you define where accounts appear in the financial statement is known as the 'Financial Statement Version'. This structure is crucial for the organization of accounts in a way that aligns with reporting requirements and standards. It allows for the grouping and hierarchical arrangement of accounts to reflect how they should be presented in the financial statements, such as the balance sheet and income statement, facilitating accurate and compliant financial reporting.
References:
SAP S/4HANA Cloud documentation on financial reporting
Best practices for configuring Financial Statement Versions in SAP

NEW QUESTION # 78
You need to produce additional financial statements according to local GAAP requirements. Which of the following can help?

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

Answer: D

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.References:SAP Help Portal -
"Parallel Accounting with Ledger Groups."

NEW QUESTION # 79
......

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C-S4CFI-2408 Valid Test & C-S4CFI-2408 Cert Material & C-S4CFI-2408 Sure Pass Exam

Sample C-S4CFI-2408 Exam, Test C-S4CFI-2408 Topics Pdf

SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q74-Q79):

Free PDF Quiz SAP - C-S4CFI-2408 - SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Valid Exam Tips

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