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SAP Exam C_S4CFI_2408 Topic 8 Question 4 Discussion

Actual exam question for SAP's C_S4CFI_2408 exam
Question #: 4
Topic #: 8
[All C_S4CFI_2408 Questions]

Which process in the integrated procure-to-pay process generates a balance sheet relevant financial accounting document? Note: There are 2 correct answers to this question

Show Suggested Answer Hide Answer
Suggested Answer: A, D

In the integrated procure-to-pay process within SAP S/4HANA Cloud Public Edition, the processes that generate balance sheet relevant financial accounting documents are: A. Invoice Verification: This process involves the verification of incoming invoices against purchase orders and goods receipts. The process results in the posting of liabilities to the vendor and adjustments to the corresponding expense or asset accounts, impacting the balance sheet. D. Goods Receipt: This process records the receipt of goods from a vendor into inventory, affecting inventory assets on the balance sheet. The goods receipt process increases inventory values and records the corresponding obligation to pay the vendor, impacting the balance sheet.

References:

SAP S/4HANA Cloud Procure-to-Pay documentation

Best practices for managing procure-to-pay processes in SAP


Contribute your Thoughts:

Callie
11 days ago
Purchase order creation? What is this, amateur hour? That's like trying to use a spatula to change a tire. Totally wrong process for this question.
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Christoper
13 days ago
Ding ding ding! Invoice verification and goods receipt, baby. Those are the processes that create the juicy financial statements. Easy peasy!
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Cristen
15 days ago
Speaking of tires, I heard a mechanic once tried to use a balance sheet to change a flat. Didn't end well, let me tell you.
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Johnetta
2 days ago
D) Goods receipt
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Ernest
9 days ago
A) Invoice verification
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Hayley
26 days ago
I'm not sure about Goods receipt, but I think A) Invoice verification is definitely one of the correct answers.
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Buck
27 days ago
I believe D) Goods receipt also generates a balance sheet relevant financial accounting document.
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Kiera
1 months ago
I think the correct answers are A) Invoice verification and D) Goods receipt. Those two processes generate financial accounting documents, like the balance sheet.
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Yolande
9 days ago
Yes, those processes are crucial for generating balance sheet relevant financial accounting documents.
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Candida
17 days ago
I agree with you, A) Invoice verification and D) Goods receipt are the correct answers.
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Erick
1 months ago
I agree with Mickie. Invoice verification is crucial for financial accounting.
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Mickie
1 months ago
I think A) Invoice verification generates a balance sheet relevant financial accounting document.
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