SAP C-S4CFI-2005 : SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation

  • Exam Code: C-S4CFI-2005
  • Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation
  • Updated: Sep 11, 2026
  • Q & A: 105 Questions and Answers

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SAP C-S4CFI-2005 Exam Syllabus Topics:

SectionObjectives
Management Accounting- Cost Center Accounting
  • 1. Planning and allocations
    - Internal Orders
    • 1. Budgeting and actual postings
      Financial Accounting in SAP S/4HANA Cloud- General Ledger Accounting
      • 1. Configuration of G/L accounting
        • 2. Document posting and processing
          - Accounts Receivable
          • 1. Incoming payments and dunning
            • 2. Customer master data
              - Accounts Payable
              • 1. Invoice processing and payments
                • 2. Vendor master data
                  Financial Closing Processes- Period-end closing activities
                  • 1. Reconciliation processes
                    • 2. Accruals and deferrals
                      Reporting and Analytics- Financial reporting in SAP S/4HANA
                      • 1. Fiori analytical apps
                        • 2. Standard financial statements

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

                          Question #1

                          Which in app extensibility options are available in SAP S/4HANA Cloud? 2 answers

                          • A. Classic extensibility
                          • B. Key user extensibility
                          • C. Managed extensibility
                          • D. Integration extensibility
                          Reveal Solution  Discussion  0

                          Correct Answer: B,C  🗳️

                          Question #2

                          When is the Quality system activated?

                          • A. After a new change project is created
                          • B. After the organizational structure and chart of accounts are defined
                          • C. After the Starter system is terminated
                          • D. After SAP Best Practices content is migrated from the Starter system to the Quality system
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Question #3

                          How does the managed extensibility scenarios keep the life cycle of customer and partner code static? 2 answers

                          • A. Access to development tools, such as Eclipse, is provided
                          • B. Usage of open source software ensures compliance with open standards
                          • C. Modifications of SAP objects are forbidden
                          • D. Access to SAP objects is allowed only through released interfaces
                          Reveal Solution  Discussion  0

                          Correct Answer: C,D  🗳️

                          Question #4

                          Fit-to-Standard Workshop
                          What is the purpose of the Fit-to-Standard workshop?

                          • A. To design enhancements to cover the gaps between business processes and SAP standard processes
                          • B. To map the standard SAP roles to people in the organization
                          • C. To alter the standard SAP processes so that they fit with the customer's requirements
                          • D. To understand and be aware of gaps between business processes and SAP standard processes
                          Reveal Solution  Discussion  0

                          Correct Answer: D  🗳️

                          Question #5

                          SAP Success Factors Employee Central Integration
                          Your SAP S/4HANA Cloud system in integrated with SAP SuccessFactors Employee Central in a new cost center. You add the relevant employee's user ID in the User Responsible field. How is this change updated in the relevant employee master records?

                          • A. You trigger the Simple Object Access Protocol (SOAP)-based replication to SAP SuccessFactors Employee Central
                          • B. The system automatically updates the cost center assignment in all relevant master records
                          • C. You manually update the cost center assignment in the employee data in SAP SuccessFactors
                          • D. You manually update the assignment in the business partner in SAP S/4HANA Cloud
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

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