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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. Which function of SAP Financial Statement Insight utilizes machine learning?

A) Flexible comparisons across multiple characteristics
B) Dynamic adaptation of hierarchical structures
C) Business exception detection
D) Visualization of account group performance

2. When do you perform the goods and invoice receipts reconciliation process?

A) When a purchase order is posted, but no invoice has been received
B) When an invoice is posted, but no goods receipt has been received
C) When a purchase order is posted, but no goods receipt has been received
D) When an invoice is posted, but no relevant purchase order is available

3. Which technology is used to perform predictive accounting for sales orders in SAP S/4HANA Cloud?

A) Distributed ledger
B) Smart contracts
C) Machine learning
D) Extension ledger

4. Your company is engaged in foreign commerce. As the buyer of goods you are applying for which instrument to secure the transaction?

A) Letter of Credit
B) Zero-Coupon Bond
C) Bank Guarantee
D) Commerical Paper

5. How is the productive system configured? Note: There are 2 correct Answers to this question.

A) Through Central Business Configuration (CBC) in SAP Business Technology Platform
B) Via the Cloud Application Lifecycle Management (CALM) Implementation Portal
C) Through the Solution Documentation component of the SAP Solution Manager
D) Through transports from the quality system

Solutions: