The Microsoft AZ-104 exam, also known as "Microsoft Azure Administrator," evaluates candidates' abilities to manage Azure services, implement governance solutions, and secure Azure resources effectively. This exam covers various topics, including Azure subscriptions and resources, Azure storage and networking, virtual machines, Azure Active Directory, and Azure governance and compliance. Candidates are expected to demonstrate proficiency in tasks such as managing Azure identities and governance, implementing and managing storage, configuring and managing virtual networks, and monitoring and backing up Azure resources. Passing the AZ-104 exam validates one's skills as an Azure Administrator, showcasing expertise in implementing, managing, and monitoring Azure solutions.