Master SAP C_S4CFI_2504 Exam with Reliable Practice Questions
Upgrade to PremiumWhat is the result of an automatic payment run?
Note: There are 3 correct answers to this question.
Correct : C, D, E
Comprehensive and Detailed in Depth Explanation:
An automatic payment run in SAP S/4HANA Cloud produces multiple outputs.
C: Correct. Payment log tracks the run's details.
D: Correct. Payment documents are posted to clear open items.
E: Correct. Payment media (e.g., bank files) are generated.
A, B: Incorrect. These are inputs or exceptions, not results.
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Which process in the integrated procure-to-pay process generates a balance sheet-relevant financial accounting document?
Note: There are 2 correct answers to this question.
Correct : A, C
Comprehensive and Detailed in Depth Explanation:
In the procure-to-pay process, balance sheet impacts occur at specific steps.
A: Correct. Invoice verification posts to GR/IR and vendor accounts.
C: Correct. Goods receipt updates inventory (Dr. Inventory, Cr. GR/IR).
B, D: Incorrect. MRP and PO creation are planning steps without FI postings.
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Which master record object controls the use of a business partner in accounts payable?
Correct : A
Comprehensive and Detailed in Depth Explanation:
In SAP S/4HANA Cloud, the business partner (BP) framework governs AP usage.
A: Correct. BP role (e.g., FLVN01 for vendors) defines AP functionality.
B, C, D: Incorrect. These define structure or grouping, not specific AP usage.
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What is the role of the valuation method in the foreign currency valuation of accounts payable?
Note: There are 3 correct answers to this question.
Correct : C, D, E
Comprehensive and Detailed in Depth Explanation:
Valuation methods in SAP S/4HANA Cloud (e.g., via 'Foreign Currency Valuation' app) configure AP revaluation.
C: Correct. It sets the procedure (e.g., lowest value principle).
D: Correct. Exchange rate type (e.g., M) is specified.
E: Correct. G/L accounts for gains/losses are determined.
A, B: Incorrect. These are set in the valuation run, not the method.
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Which dimensions can be used to provide complete balance sheet reports?
Note: There are 2 correct answers to this question.
Correct : A, D
Comprehensive and Detailed in Depth Explanation:
Balance sheet reporting in SAP S/4HANA Cloud uses dimensions for segmentation.
A: Correct. Segment is a balance sheet reporting dimension.
D: Correct. Profit center supports balance sheet reporting.
B, C: Incorrect. Cost center and functional area are P&L-focused.
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