C_S4FCF_2021 by SAP Actual Free Exam Questions And Answers

Question 1

Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.

A. Create EC-PCA postings

B. Create G/L account

C. Release project definition

D. Create settlement rules

E. Create down payments

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 2

Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.

A. Company codes

B. Controlling area

C. Profit center

D. Logical system

Discussion 0

Correct Answer: A,D Vote an answer

Question 3

A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations? Note: There are 3 correct answers to this question.

A. Master data is distributed via SAP Master Data Governance to source and target systems.

B. SAP Master Data Governance is not mandatory for the Central Finance landscape.

C. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).

D. The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.

E. If SAP Master Data Governance is a standalone system, the source ERP system must query master data and Key Mapping from the Central Finance system.

Discussion 0

Correct Answer: A,B,C Vote an answer

Question 4

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

A. The SAP Master Data Governance mapping

B. The standard derivation logic of the target system

C. The profit center master data settings of the source system

D. The substitution logic of the source system

Discussion 0

Correct Answer: B Vote an answer

Question 5

Which capability supports the continuous reconciliation between the sender and the Central Finance system? Note: There are 3 correct answers to this question.

A. Reconcile using the FI Balance Reconciliation report.

B. Reconcile using the Intercompany reconciliation.

C. Reconcile individually using the line item drill-down.

D. Reconcile using the financial statement.

E. Reconcile using the RACCT_SENDER field in the ACDOCA table.

Discussion 0

Correct Answer: A,C,E Vote an answer

Question 6

What are the prerequisites for price difference splitting in Central Finance? Note: There are 3 correct answers to this questions.

A. Costing-based Profitability Analysis must be active in the source system.

B. Account-based Profitability Analysis must be active in the source system.

C. Accounts for splitting price difference are configured in the target system.

D. Accounts for splitting price difference are configured in the source system.

E. Production order settlement is configured in the source system.

Discussion 0

Correct Answer: C,D,E Vote an answer

Question 7

You want to maintain the master data of a cost object that has already been replicated to the Central Finance system. In which system is this performed?

A. SAP Landscape Transformation (SLT)

B. SAP Master Data Governance system

C. Source system

D. Target system

Discussion 0

Correct Answer: B,D Vote an answer

Question 8

Which functions are available in Central Finance to validate the system setup before initial load? Note: There are 3 correct answers to this question.

A. Simulation of mapping for WBS

B. Simulation of postings for FI/CO documents

C. Smoke test functionality for Cost Objects (AUFK)

D. Smoke test functionality for CO secondary postings

E. Simulation of postings for AVL

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 9

Which of the following activities are required to start the initial load of FI/CO postings for the selected company codes from the ECC source system? Note: There are 2 correct answers to this question.

A. Perform month end closing in the source system.

B. Define the initial load group.

C. Configure the VCFIN_SOURCE_SET table in the target system.

D. Configure the Substitution and Migration Clearing accounts.

Discussion 0

Correct Answer: B,D Vote an answer

SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) - C_S4FCF_2021 Exam Practice Test

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