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SAP Certified Application Associate 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: Aug 22, 2026

Q&A Number: 135 Q&As

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SAP C_S4CFI_2308 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Closing and Reporting- Financial reporting
  • 1. Standard SAP Fiori reporting tools
    - Period-end closing activities
    • 1. Reconciliation and adjustments
      Topic 2: Asset Accounting- Fixed asset lifecycle
      • 1. Asset acquisition and capitalization
        • 2. Depreciation and asset valuation
          Topic 3: Management Accounting- Cost center accounting
          • 1. Cost allocation and reporting
            • 2. Planning and budgeting
              - Profitability analysis
              • 1. Margin analysis concepts
                Topic 4: 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. Vendor and customer accounting processes
                      • 2. Payment processing and clearing

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

                        1. What determines the set of data migration objects available from the Migrate Your Data application?

                        A) The selected source system
                        B) The customer legacy system
                        C) The selected target fields
                        D) The selected business scenarios


                        2. How does an implementation consultant support the customer during Fit-to-Standard workshops? Note: There are 2 correct answers to this question.

                        A) Conduct end-user training on all active scope items.
                        B) Determine set up instructions for Customer-Driven Integrations.
                        C) Demonstrate SAP Best Practices in the starter system.
                        D) Highlight gaps that require decisions on configuration or extensibility.


                        3. When processing a cross-company code transaction between 3 company codes, what is the minimum number of journal entries posted by the system?

                        A) 4
                        B) 3
                        C) 1
                        D) 6


                        4. You implemented parallel ledgers and posted an integrated asset acquisition with a supplier Which generated document updates all accounting principles?

                        A) Operational document
                        B) Controlling document
                        C) Clearing document
                        D) Valuation document


                        5. Which substitution types can you configure for journal entry substitution rules? (Choose three.)

                        A) Substitute with field value
                        B) Substitute with constant value
                        C) Substitute with formula value
                        D) Substitute with previous value
                        E) Clear field value


                        Solutions:

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

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