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Exam Code: C-S4CFI-2102
Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation
Updated: Aug 31, 2026
Q & A: 105 Questions and Answers
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| Section | Objectives |
|---|---|
| SAP S/4HANA Cloud Finance Configuration | - System configuration basics
|
| Financial Closing Processes | - Period-end closing activities
|
| Financial Accounting in SAP S/4HANA Cloud | - Accounts Payable and Accounts Receivable
|
| Asset Accounting | - Asset lifecycle management
|
Question 1
You are configuring cash operations
To which object do you assign the cash management flow types?
A. Bank account types
B. Interest Rate instrument
C. General ledqer accounts
D. Liquidity items
Question 2
What is the organizational unit at the top-most level in SAP S/4HANA Cloud?
A. Plant
B. Controlling area
C. Operating concern
D. Company code
Question 3
For which activity do you use SAP S/4HANA Cloud for Credit integration?
A. Import customer credit ratings from external credit rating agencies
B. Report on customer credit positions with the help of checks
C. Calculate the customer's average days of sales outstanding in a collection group
D. Calculate a customer's real-time credit limit based on manual credit rating
Question 4
Real-Time Reporting and Monitoring
Which capabilities support extensibility for analytics? 3 answers
A. Option to extend standard forms
B. Open Core Data Services (CDS) views to implement data sources
C. Option to change existing data sources by removing fields
D. SAP Fiori apps to guide the user when building reports
E. Out-of-the-box APIs for reporting
Question 5
SAP Activate for SAP S/4HANA Cloud Methodology and Best Practices
You reviewed the project scope and identified the corresponding resources Based on the SAP Activate methodology, which activities must you perform in the Explorer phase? 2 answers
A. Use the Quality system to demonstrate SAP Best Practice processes
B. Conduct the Fit to Standard analysis to identify fits gaps and perceived gaps
C. Use the Starter system to demonstrate SAP Best Practice processes
D. Configure the organizational structure and chart of accounts in the system
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: A | Question 4 Answer: A,B,D | Question 5 Answer: B,C |
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