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Examtopics C_S4CFI_2202: SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Prepaway Real Exam Questions and dumps free download
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584-C_S4CFI_2202: SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation
#Question
How does "Revenue Leakage Management" help organizations?
A.
Focuses solely on financial reporting.
B.
Increases untracked transactions.
C.
Limits focus to manual processes.
D.
Identifies areas where potential revenue is lost due to inefficiencies.
Correct Answer:
D
Revenue Leakage Management helps identify and rectify inefficiencies that can result in lost revenue, enhancing profitability.
#Question
What role does "Cash Flow Management" play in financial control?
A.
Limits tracking periods to annual.
B.
Focus only on profits.
C.
Helps ensure liquidity by monitoring cash inflows and outflows.
D.
Manual methods only.
Correct Answer:
C
Cash Flow Management monitors the timing and amount of cash entering and leaving the organization, crucial for financial stability.
#Question
What is the significance of the "General Ledger" in financial reporting?
A.
Only relevant for tax purposes.
B.
Complicates financial reporting.
C.
Limits transactions to cash only.
D.
Central records for all financial transactions across the organization.
Correct Answer:
D
The General Ledger is crucial for maintaining comprehensive records of all financial transactions facilitating accurate reporting.
#Question
How can organizations leverage "Credit Management"?
A.
Limits customer purchases.
B.
Monitor customer creditworthiness to mitigate financial risk.
C.
Manual payment tracking only.
D.
Irrelevant for revenue analysis.
Correct Answer:
B
Credit Management helps organizations assess the creditworthiness of customers to make informed sales and lending decisions.
#Question
What does "Financial KPI Reporting" enable organizations to do?
A.
Ignore external market conditions.
B.
Measure financial performance against set targets.
C.
Limits reporting visibility.
D.
Focus solely on internal metrics.
Correct Answer:
B
Financial KPI Reporting helps organizations assess their performance against key financial goals, guiding strategic decisions.
#Question
What function does "Expense Forecasting" serve in an organization?
A.
Limits visibility into past expenses.
B.
Predicts future expenditures based on historical patterns.
C.
Only applicable for large expenses.
D.
Manual tracking required.
Correct Answer:
B
Expense forecasting enables organizations to predict future spending patterns for more accurate budgeting.
#Question
How does SAP S/4HANA support effective account reconciliations?
A.
Provides systematic approaches and tools for reconciling accounts in real-time.
B.
Manual processes only.
C.
Limits access to financial records.
D.
Delays financial reporting.
Correct Answer:
A
Systematic tools aid in developing accurate reconciliations, enhancing financial reporting timeliness.
584-C_S4CFI_2202: SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation
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