The AZ-104 exam, also known as the Microsoft Azure Administrator certification, is designed to validate the skills and knowledge required to manage Azure resources. It covers various topics, including implementing and managing storage, virtual networks, and identities, as well as monitoring and backing up Azure resources. Passing the AZ-104 exam demonstrates proficiency in Azure administration, making it a valuable credential for IT professionals. The certification is part of the broader Microsoft Certified: Azure Administrator Associate program, which helps individuals advance their careers in cloud computing and Azure management.