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SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q35-Q40):

NEW QUESTION # 35
What is the relation between the line items displayed for a journal entry in the entry view and the general ledger view?

A. The entry view has as many or more line items as the general ledger view.
B. The entry view displays the subledger accounts (such as customer or supplier) while this is not available in the general ledger view.
C. The general ledger view displays account assignments such as the profit center while these are not available in the entry view
D. The general ledger view has as many or more line items as the entry view.

Answer: D

Explanation:
In SAP S/4HANA Cloud Public Edition, the relationship between the line items displayed for a journal entry in the entry view and the general ledger view is such that the general ledger view can have as many or more line items than the entry view. The entry view shows the transaction as it was entered, typically displaying the debits and credits to and from subledger accounts like customer or supplier accounts. The general ledger view, on the other hand, aggregates these into postings to the corresponding general ledger accounts and may include additional line items such as tax line items, allocation line items, or other adjustments that are not visible in the entry view.
References:
SAP S/4HANA Cloud General Ledger documentation
Best practices for journal entry and ledger reporting in SAP

NEW QUESTION # 36
What does the journal entry type in general journal document posting control? Note: There are 2 correct answers to this question

A. The number of possible line items in the Fl document.
B. Which fields in the line items are mandatory fields.
C. The document number assigned
D. Which fields in the document header are mandatory fields.

Answer: B,D

Explanation:
The journal entry type in general journal document posting in SAP S/4HANA Cloud Public Edition controls aspects such as which fields in the document header and line items are mandatory. This configuration ensures data consistency and accuracy by enforcing the entry of essential information during the posting process, thus supporting effective financial reporting and analysis.
References:
SAP S/4HANA Cloud Financial Accounting documentation
SAP Help Portal on General Journal Entries

NEW QUESTION # 37
In which structure do you define where the accounts appear in the financial statement?

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

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 # 38
For which fields can you enter time-dependent changes in the asset master record? Note: There are 3 correct answers to this question.

A. Description
B. Cost center
C. Trading partner number
D. WBS element
E. Plant

Answer: B,D,E

NEW QUESTION # 39
You use the app "Manage Journal Entries" lo display changes to journal entries.
Which changes can be part of the list?
Note: There are 2 correct answers to this question.

A. Date of the change
B. Amount that was changed
C. User who made the change
D. Account that was changed

Answer: A,C

NEW QUESTION # 40
......

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Pass-Sure Free C-S4CFI-2408 Practice Help You to Get Acquainted with Real C-S4CFI-2408 Exam Simulation

C-S4CFI-2408 Exam Free Practice- Marvelous C-S4CFI-2408 Test Voucher Pass Success

SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting Sample Questions (Q35-Q40):

100% Pass C-S4CFI-2408 - SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition, Financial Accounting –Professional Free Practice

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