New Year Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 70special

Examstrust Logo
examstrust mcafee
  1. Home
  2. SAP
  3. SAP Certified Associate
  4. C_S4FCF_2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance

SAP C_S4FCF_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance Exam Practice Test

Page: 1 / 8
Total 80 questions
Get C_S4FCF_2023 Full Access Download C_S4FCF_2023 PDF

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance Questions and Answers

Testing Engine

  • Product Type: Testing Engine
$37.5  $124.99
Add to Cart

PDF + Testing Engine

  • Product Type: PDF + Testing Engine
$52.5  $174.99
Add to Cart

PDF Study Guide

  • Product Type: PDF Study Guide
$33  $109.99
Add to Cart
Question 1

Which tool must you use to view FI/CO initial load errors?

Options:

A.

Central Finance application log

B.

Migration cockpit

C.

SAP Application Interface Framework

D.

SAP LT Replication Server cockpit

Question 2

You need to set up a central Credit Management landscape in Central Finance. Which distribution settings does SAP recommend to determine the credit limit?

Note: There are 2 correct answers to this question.

Options:

A.

Process Integration (PI)

B.

Web services

C.

Credit Manager Portal

D.

Web Dynpro

Question 3

What must you consider for integration of non-SAP source systems with Central Finance?

Note: There are 3 correct answers to this question.

Options:

A.

The data is transferred from the non-SAP system to the SLT staging tables.

B.

There is no preconfigured content to extract data from non-SAP systems.

C.

SAP Application Interface Framework (AIF) is used for monitoring.

D.

Real-time replication is not supported for non-SAP source systems.

E.

SLT staging tables are the same as for SAP source systems.

Question 4

What are the features of the Accounting View of Logistics (AVL) information in Central Finance?

Note: There are 3 correct answers to this question.

Options:

A.

AVL information is available for real-time replication only.

B.

Business mapping is supported for AVL replication.

C.

All information from the logistics document is transferred.

D.

Logistics information is replicated (example: sales order).

E.

Replication is executed via SLT.

Question 5

Which of the following API types does SAP recommend to use to achieve clean core integrations?

Note: There are 2 correct answers to this question.

Options:

A.

RFC

B.

SOAP

C.

OData

D.

IDoc

Question 6

Which mapping type automatically creates the necessary master data in Central Finance?

Options:

A.

Complex mapping

B.

Key mapping

C.

Value mapping

D.

Cost object mapping

Question 7

What are the implications when you activate Central Payment functionality?

Note: There are 2 correct answers to this question.

Options:

A.

Invoices posted in the source system are technically cleared.

B.

Central Payment is not possible for third-party systems.

C.

The central system becomes the book of record.

D.

Credit limits must be maintained at the business partner level in the source system.

Question 8

Which objects are part of key mapping?

Note: There are 3 correct answers to this question.

Options:

A.

Company code

B.

WBS element

C.

Customer

D.

Tax code

E.

Cost center

Question 9

Which reports can you use to compare details from the source system with the Central Finance system?

Note: There are 3 correct answers to this question.

Options:

A.

Document count report

B.

Actual P&L report

C.

Journal entry analyzer report

D.

Document comparison report

E.

Balance comparison report

Question 10

What can you define in the Choose Logical System configuration step of the initial load settings?

Options:

A.

Start year balances

B.

Company code

C.

Package size

D.

Substitution accounts

Question 11

What is the recommended deployment option for SAP System Landscape Transformation (SLT)?

Options:

A.

On the Central Finance system

B.

On the source system

C.

On SAP Business Technology Platform (BTP)

D.

On a separate instance

Question 12

You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?

Options:

A.

Asset reconciliation accounts

B.

Non-operating expense or income accounts

C.

Tax accounts

D.

Open item managed accounts

Question 13

You are performing a CO initial load. For which objects can you use simu-lation functionality?

Note: There are 2 correct answers to this question.

Options:

A.

CO documents

B.

WBS elements

C.

Cost centers

D.

Cost objects

Question 14

Which of the following actions are performed by the Level 3 - FI Documents Comparison Report?

Note: There are 2 correct answers to this question.

Options:

A.

It calculates the total number of financial accounting documents posted in the source system.

B.

It reads the FI documents in the source system and finds all line items.

C.

It combines the total number of journal entries with errors.

D.

It finds the corresponding entries in the ACDOCA table of the Central Finance system.

Question 15

What type of checks does the Master Data Governance (MDG) mapping tool perform when uploading mapping entries?

Note: There are 2 correct answers to this question.

Options:

A.

Validation of mapping action

B.

Availability of duplicates

C.

Existence of 1

mappings

D.

Mapping completeness

Question 16

Which of the following tasks can you perform using the SAP Application Interface Framework?

Note: There are 3 correct answers to this question.

Options:

A.

Correct data directly without special authorization

B.

View a message summary based on the interface

C.

Change the name of a field

D.

Change the color of a message status

E.

Navigate from an error message to the associated SAP transaction code

Question 17

What is used to determine the Segment field in Central Finance?

Options:

A.

The profit center master data settings of the source system

B.

The SAP Master Data Governance mapping

C.

The substitution logic of the source system

D.

The standard derivation logic of the target system

Question 18

Which of the following are domains in SAP Master Data Governance?

Note: There are 3 correct answers to this question.

Options:

A.

Material

B.

Business Partner Supplier Customer

C.

Logistics

D.

Finance

E.

Manufacturing

Question 19

What are some of the advantages of using intercompany reconciliations in Central Finance?

Note: There are 2 correct answers to this question.

Options:

A.

You can manage intercompany reconciliation using alerts and analytics.

B.

You can assign documents based on predefined customized rules.

C.

You can eliminate long-running batch jobs for loading the data into Central Finance.

D.

You can standardize payment processes.

Question 20

You want to set up the Central Finance system.

What technical configuration activities do you need to perform?

Note: There are 3 correct answers to this question.

Options:

A.

Configure ISO codes for currencies.

B.

Assign the RFC destination in the source system.

C.

Assign the logical system for the central finance system.

D.

Configure decimal places for currencies.

E.

Set up the RFC destination for the source system.

Question 21

SAP Master Data Governance is installed in a Central Finance landscape. What are the main features?

Note: There are 3 correct answers to this question.

Options:

A.

It only provides consolidation for business partners, customers, and vendors.

B.

It provides central creation, change, and distribution of master data.

C.

It can be deployed as a master data hub.

D.

It is used to maintain and perform business mapping.

E.

It governs value mapping for SAP ERP source systems to Central Finance.

Question 22

For which initial load object does error handling NOT take place in the SAP Application Interface Framework?

Options:

A.

EC-PCA documents

B.

FI/CO documents

C.

Cost objects

D.

CO internal documents

Question 23

Which field can be appended to the package key used in the initial load of balances?

Options:

A.

Segment

B.

Cost Center

C.

Functional Area

D.

Profit Center

Question 24

You must avoid possible double payments for historical open items.

Which options do you have?

Note: There are 2 correct answers to this question.

Options:

A.

Delete all relevant open items.

B.

Remove the payment method in Central Finance.

C.

Mark open items as technically cleared in a source system.

D.

Set a payment block in Central Finance.

Load More C_S4FCF_2023 Questions
Page: 1 / 8
Total 80 questions
Get C_S4FCF_2023 Full Access Download C_S4FCF_2023 PDF