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SAP C-S4CFI-2308 : SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance

C-S4CFI-2308

Exam Code: C-S4CFI-2308

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

Updated: Jul 26, 2026

Q & A: 135 Questions and Answers

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SAP C-S4CFI-2308 Exam Syllabus Topics:

SectionObjectives
Management Accounting- Profitability analysis
  • 1. Margin analysis concepts
    - Cost center accounting
    • 1. Cost allocation and reporting
      • 2. Planning and budgeting
        Financial Closing and Reporting- Period-end closing activities
        • 1. Reconciliation and adjustments
          - Financial reporting
          • 1. Standard SAP Fiori reporting tools
            Asset Accounting- Fixed asset lifecycle
            • 1. Depreciation and asset valuation
              • 2. Asset acquisition and capitalization
                Financial Accounting in SAP S/4HANA Cloud- General Ledger Accounting
                • 1. Chart of accounts configuration
                  • 2. Journal entries and posting logic
                    - 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. Real-Time Reporting and Monitoring
                        How can business users create new analytics content? 3 answers

                        A) Create new data source via joins of standard data sources
                        B) Change existing data sources by adding filters
                        C) Change underlying database tables of standard data sources
                        D) Create open core data services (CDS) views
                        E) Create additional key figures in existing data sources


                        2. What activities are applied to the entire system and cannot be changed after confirmation? Note: There are 2 correct answers to this question

                        A) Fiscal year variant
                        B) Configuration activities
                        C) Group currency
                        D) Scoping


                        3. Which business scenarios does the Two-Tier ERP deployment scenario offer? Note: There are 2 correct answers to this question.

                        A) Integration of new acquisitions to the corporate infrastructure
                        B) Single-source synchronous system update implementation
                        C) Reporting and analytics across the subsidiary ecosystem
                        D) Centrally managed ticketing and support service network


                        4. According to the General Data Protection Regulation (GDPR) laws, when are SAP customers considered data controllers?

                        A) When they use SAP cloud applications
                        B) When they engage other businesses in the European Union
                        C) When they extract legacy data in preparation for migration
                        D) When they request implementation of a cloud solution


                        5. 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) Conduct risk-based assessments to determine the value of activating new processes.
                        C) Serve as a central contact for SAP and manage interactions with the SAP Service Center.
                        D) Determine KPIs that will support a continuous improvement mindset.
                        E) Reduce the total cost of ownership for IT.


                        Solutions:

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

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