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SAP C-S4CFI-2308

C-S4CFI-2308

Exam Code: C-S4CFI-2308

Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance

Updated: Jul 30, 2026

Q & A: 135 Questions and Answers

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SAP C-S4CFI-2308 Exam Syllabus Topics:

SectionObjectives
Management Accounting- Cost center accounting
  • 1. Cost allocation and reporting
    • 2. Planning and budgeting
      - Profitability analysis
      • 1. Margin analysis concepts
        Financial Closing and Reporting- Period-end closing activities
        • 1. Reconciliation and adjustments
          - Financial reporting
          • 1. Standard SAP Fiori reporting tools
            Financial Accounting in SAP S/4HANA Cloud- General Ledger Accounting
            • 1. Journal entries and posting logic
              • 2. Chart of accounts configuration
                - Accounts Payable and Accounts Receivable
                • 1. Payment processing and clearing
                  • 2. Vendor and customer accounting processes
                    Asset Accounting- Fixed asset lifecycle
                    • 1. Asset acquisition and capitalization
                      • 2. Depreciation and asset valuation

                        SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Sample Questions:

                        1. Master Data Management and Migration what determinates the set of data migration objects available from the Migrate Your Data application? 2 correct answers

                        A) The selected source system
                        B) The selected business scenarios
                        C) The selected target fields
                        D) The selected solution scope


                        2. What are some responsibilities of a Customer Center of Expertise (CCOE)? Note: There are 3 correct answers to this question

                        A) Ensure the resources necessary for the project's success are available.
                        B) Serve as a central contact for SAP and manage interactions with the SAP Service Center.
                        C) Reduce the total cost of ownership for IT.
                        D) Determine KPIs that will support a continuous improvement mindset.
                        E) Conduct risk-based assessments to determine the value of activating new processes.


                        3. You need to integrate the headquarters of a company running on SAP S/4HANA with a subsidiary running on SAP S/4HANA Cloud. In a 2-tier ERP scenario, which integration technologies can you use? Note: There are
                        2 correct answers to this question.

                        A) SAP Process Orchestration
                        B) SAP Cloud Integration Automation Service
                        C) SAP Cloud Connector
                        D) SAP Open Connectors


                        4. Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?

                        A) Extension ledger
                        B) Distributed ledger
                        C) Machine learning
                        D) Smart contracts


                        5. Which data is entered in the asset migration file for each asset master record?

                        A) Cumulative acquisition values in group currency
                        B) Cumulative acquisition values in all currencies
                        C) Accumulated depreciation values in company code currency
                        D) Accumulated depreciation values in group currency


                        Solutions:

                        Question # 1
                        Answer: B,D
                        Question # 2
                        Answer: B,C,D
                        Question # 3
                        Answer: B,C
                        Question # 4
                        Answer: A
                        Question # 5
                        Answer: B

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