[Q40-Q62] Get 100% Passing Success With True C_S4FCF_2023 Exam! [Oct-2024]

Get 100% Passing Success With True C_S4FCF_2023 Exam! [Oct-2024]

SAP C_S4FCF_2023 PDF Questions - Exceptional Practice To SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance

SAP C_S4FCF_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	SAP Master Data Governance: This section of the exam covers the central governance aspects of MDG, techniques for mass processing, fundamental concepts, the process of activating default procedures, and defining the data model structure.
Topic 2	Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.
Topic 3	System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.
Topic 4	Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.
Topic 5	Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.
Topic 6	Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.
Topic 7	Initial Load in Central Finance: This section of the exam covers the process of configuring filters for the initial load of Cost Objects, addressing and resolving errors that may arise, executing financial and controlling postings, managing internal CO postings, and conducting reconciliation within the Central Finance system.

 

NEW QUESTION # 40
What is one consideration for handling decimal places in the Central Finance system?

• A. If the currency in Central Finance has fewer decimal places than the sender system rounding is required.
• B. Differences in decimal places for currencies in source Central Finance systems have no impact on documents posting in the Central Finance system.
• C. All currencies are assumed to have the same number of decimal places in both the source system the Central Finance system.
• D. For any currencies with differing numbers of decimal places enter the number of decimal places as defined in the Central Finance system.

Answer: D

NEW QUESTION # 41
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note:
There are 3 correct answers to this question.

• A. Indexes - transaction figures
• B. Documents against ledger
• C. Indexes against ledger
• D. Documents against indexes
• E. Documents against transaction figures

Answer: A,D,E

NEW QUESTION # 42
What are the advantages of SLT deployment on a separate instance? Note: There are 3 correct answers to this question.

• A. SLT has direct access to source and Central Finance systems.
• B. Other systems can be connected without impact on source and Central Finance systems.
• C. Other integration scenarios besides Central Finance are possible.
• D. No RFC connection is required to source and Central Finance systems.
• E. There is no impact from update of source and Central Finance systems.

Answer: B,C,E

NEW QUESTION # 43
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.

• A. It provides central creation, change, and distribution of master data.
• B. It can be deployed in the Central Finance system or as a master data hub.
• C. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.
• D. It only provides consolidation for business partners, customers, and vendors.
• E. It is used to maintain and perform business mapping.

Answer: A,B,C

NEW QUESTION # 44
A customer is preparing the Central Finance landscape. What are considerations for SLT deployment on existing source or target systems? Note: There are 3 correct answers to this question.

• A. Upgrades and updates of the source system with deployed SLT impact the replication of other source systems.
• B. SLT deployed in the source system has direct access to any data in the Central Finance system.
• C. SLT has direct access to any data in the source system.
• D. Other source systems that are connected to SLT have no impact on the performance and stability of the source system with deployed SLT.
• E. There is better replication performance because there is no network connection required to the Central Finance system.

Answer: B,C,E

NEW QUESTION # 45
Which tables does SLT read during real-time replication of accounting documents cost objects from SAP source systems? Note: There are 3 correct answers to this question.

• A. Order master data table (AUFK)
• B. Accounting document header table (BKPF)
• C. Central Finance transfer table (CFIN_ACCHD)
• D. Central Finance transfer table (CFIN_ACCIT)
• E. Sales document header data (VBAK)

Answer: A,C,D

NEW QUESTION # 46
Which of the following are architecture components of the Project Replication scenario for Central Finance?
Note: There are 3 correct answers to this question.

• A. Application Interface Framework (AIF)
• B. SAP Process Integration (PI) Web service
• C. SAP Landscape Transformation (SLT)
• D. SAP Master Data Governance (MDG)
• E. ALE/IDoc outbound and inbound

Answer: A,D,E

NEW QUESTION # 47
Which of the following is a feature of asynchronous communication?

• A. The receiving system does not have to be available when a function call is dispatched.
• B. This form of communication uses a single function call.
• C. It can be implemented in function calls that require an immediate return of data to the sender system.
• D. SAP S/4HANA must be active on the sending systems and the receiving systems.

Answer: A

NEW QUESTION # 48
What are the additional replication capabilities of SLT for Central Finance? Note: There are 2 correct answers to this question.

• A. Parallel data replication
• B. Scheduled data replication
• C. Delta capturing
• D. Ad-hoc data replication

Answer: B,C

NEW QUESTION # 49
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.

• A. Maintain the initial load scope.
• B. Configure decimal places for currencies.
• C. Assign authorizations for an RFC user.
• D. Carry forward balances.
• E. Activate central finance business function.

Answer: A,C,D

NEW QUESTION # 50
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.

• A. Indexes - transaction figures
• B. Documents against ledger
• C. Indexes against ledger
• D. Documents against indexes
• E. Documents against transaction figures

Answer: A,D,E

NEW QUESTION # 51
What are the features of the Accounting View of Logistics (AVL) information in Central Finance? Note:
There are 3 correct answers to this question.

• A. Business mapping is supported for AVL replication.
• B. Replication is executed via SLT.
• C. AVL information is available for real-time replication only.
• D. Logistics information is replicated (example: sales order).
• E. All information from the logistics document is transferred.

Answer: B,C,D

NEW QUESTION # 52
What do you assign to the logical system as part of the technical configuration of Central Finance?

• A. Client ID
• B. System name
• C. RFC destination
• D. Company code

Answer: C

NEW QUESTION # 53
Which of the following are architecture components of the Project Replication scenario for Central Finance? Note: There are 3 correct answers to this question.

• A. ALE/IDoc outbound inbound
• B. SAP Process Integration (PI) Web service
• C. SAP Master Data Governance
• D. SAP System Landscape Transformation (SLT)
• E. SAP Application Interface Framework

Answer: A,C,E

NEW QUESTION # 54
Which service or application does MDG provide to maintain Key Mapping one by one?

• A. WebDynpro application
• B. SAP GUI transaction
• C. Central Finance replication
• D. Cost object mapping

Answer: A

NEW QUESTION # 55
You prepare the FI/CO initial load.
For which type of accounts must you create a substitution account?

• A. Non-operating expense or income accounts
• B. Asset reconciliation accounts
• C. Tax accounts
• D. Open item managed accounts

Answer: D

NEW QUESTION # 56
Your customer has completed the initial load of FI/CO postings in a test landscape. Before starting the next test cycle, what must you do to reset the initial load? Note: There are 3 correct answers to this question.

• A. Stop the data extraction in the target system.
• B. Run the RCFIN_DEL_MIG report in the source system.
• C. Delete all entries in the CFIN_SOURCE_SET table in the source system.
• D. Delete or cancel all AIF messages with status errors.
• E. Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.

Answer: B,D,E

NEW QUESTION # 57
When do you activate the replication of WBS elements for Central Finance?

• A. After the initial load of FI documents
• B. After the configuration of inbound outbound ALE
• C. After the mapping replication of cost centers
• D. After replication is activated in SAP System Landscape Transformation (SLT)

Answer: B

NEW QUESTION # 58
What is a consideration for handling decimal places in the Central Finance system?

• A. For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system.
• B. If the currency in Central Finance has fewer decimal places than the sender system, rounding is required.
• C. All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system.
• D. Differences in decimal places for currencies in source and Central Finance systems have no impact on documents posting in the Central Finance system.

Answer: A

NEW QUESTION # 59
Which mapping type automatically creates the necessary master data in Central Finance?

• A. Key mapping
• B. Value mapping
• C. Cost object mapping
• D. Complex mapping

Answer: C

NEW QUESTION # 60
What is the purpose of a change request in SAP Master Data Governance? Note: There are 2 correct answers to this question.

• A. It acts as a container for new changed master data.
• B. It transports changed customizing settings.
• C. It defines controls the process flow according to the defined change request type.
• D. It replicates master data to maintenance systems.

Answer: A,C

NEW QUESTION # 61
Which types of filters can be applied for SAP Landscape Transformation? Note: There are 3 correct answers to this question.

• A. Transfer filter
• B. Database trigger filter
• C. Event-based filter
• D. Role-based filter
• E. Interface filter

Answer: B,C,E

NEW QUESTION # 62
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