SAP New 2021 C_S4FCF_2020 Test Tutorial (Updated 82 Questions)
C_S4FCF_2020 Exam Questions Dumps, Selling SAP Products
SAP S/4HANA Central Finance Certification Exam Details:
| Reference Books | S4F601 (SAP S/4HANA 1909) S4F60 (SAP S/4HANA 2020) S4F61 (SAP S/4HANA 2020) S4F60 (SAP S/4HANA 1909) S4F61 (SAP S/4HANA 1909) S4F601e |
| Sample Questions | SAP S/4HANA Central Finance Certification Sample Questions |
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
| Number of Questions | 80 |
| Schedule Exam | SAP Training |
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Real time Replication in Central Finance | Describe prerequisites to activate real time replication. Start real time replication. Correct errors of real time replication. Explain the document flow functionality of Central Finance. Perform document drill back from target system to source system. S4F61 (SAP S/4HANA 2020) | > 12% |
| Initial Load in Central Finance | Describe how to set a filter for the initial load of Cost Object. Resolve errors of cost object initial load. Execute initial load of FI/CO postings. Resolve errors of FI/CO posting initial load. Set filter for the initial load of CO internal posting, and resolve errors of CO internal posting initial load. Define validation and reconciliation in Central Finance. Perform reconciliation reports in Central Finance. S4F61 (SAP S/4HANA 2020) | > 12% |
| Central Finance Setup and Configuration | Configure the scope for the initial load of FI/CO posting. Define decimal places for currencies. Differentiate between Key Mapping and Value Mapping. Define mapping actions for Mapping Entities. Define key mapping and value mappings. Configure Cost Object Mapping scenarios. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| System Integration Concepts | Describe technical communications modes and processes. Design the types of communication transfer modes. Explain business scenarios and the business hierarchy used by SAPConfigure RFC between two SAP systems, or non-SAP system. S4F61 (SAP S/4HANA 2020) | < 8% |
| Central Finance Landscape Architecture | Define options to SAP S/4HANA Central Finance Architecture links source systems to the central finance system. Design SLT techchnical integration platform for Central Finance. Describe MDG function in Central Finance for master harmonization. Descript AIF as interface and monitoring for Central Finance. S4F60 (SAP S/4HANA 2020) | 8% - 12% |
| Corporate Finance Processes supported by Central Finance | Define centralization of finance operations. Describe intercompany reconciliation in Central Finance. Determine open item management in Central Finance. Configure central payments and central down payments. Describe AR/AP reporting in Central Finance. Define SAP Credit Management. Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| Enhancements in the Controlling Area (CO-PA, WBS) | Explain improvements made when replicating from costing-based CO-PA into Profitability Analysis in the Universal Journal. Understand account-based CO-PA COGS split in Central Finance. Define account-based CO-PA price split in Central Finance. Describe the new replication scenario for internal EC-PCA postings. Explain the simulation tool for EC-PCA and the Profit Center comparison report. Describe how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects. S4F61 (SAP S/4HANA 2020) | < 8% |
| SAP Master Data Governance | Describe MDG central governance and mass processing. Describe the general concepts and capabilities of SAP MDG, central governance. Activate and configure the default processes for MDG. Define MDG data models. S4F601 (SAP S/4HANA 1909) | > 12% |
NEW QUESTION 14
Which SAP HANA model is recommended for reporting purposes where read operations on mass data are required?
- A. Calculation view using SQL Script
- B. Analytic view
- C. Calculation view using SQL
- D. Attribute view
Answer: B
NEW QUESTION 15
Which master data is supported with SAP Master Data Governance, Financials (MDG F)? Note: There are 3 correct answers to this question.
- A. Financial planning data
- B. Profit center hierarchies
- C. Fixed asset master
- D. General ledger accounts
- E. Financial consolidation data
Answer: B,D,E
NEW QUESTION 16
Which Capability supports the continuous reconciliation between the sender and the Central Finance system?
There are 2 correct answers to this question.
- A. Reconcileindividually using the line item drill down
- B. Reconcile using the RACCT_SENDER field in the ACDOCA table.
- C. Reconcile using the Intercompany reconciliation
- D. Reconcile using the financial statement
Answer: A,B
NEW QUESTION 17
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.
- A. logical system
- B. Functional area
- C. Company codes
- D. Profit center
Answer: A,C
NEW QUESTION 18
Which processes support intercompany reconciliation in Central Finance?Note: There are 2 correct answers to this question.
- A. Reconciliation of GL account open items
- B. Reconciliation of vender/customer open items
- C. Reconciliation of open payments
- D. Reconciliation of open dispute cases
Answer: A,B
NEW QUESTION 19
in addition to real time What after the replication options when you set up SAP Landscape Transformation configuration for Central Finance? Note: There are 2 correct answers to this question.
- A. Parallel
- B. Ad-hoc
- C. Delta capturing
- D. Scheduled
Answer: A,D
NEW QUESTION 20
Which types of calendar are available for time attribute views in SAP HANA? (Choose two.)
- A. Julian
- B. Factory
- C. Fiscal
- D. Gregorian
Answer: C,D
NEW QUESTION 21
Finish the statement. SAP Simple Finance is:
(Choose all that apply.)
- A. Intuitive User Experience on all devices.
- B. Instant Insight in-memory enabled.
- C. Flexible and Non-disruptive cloud or on premise.
Answer: A,B,C
NEW QUESTION 22
When you try to delete an attribute view you receive the error message "One or more objects are dependent upon this object". Which of the following functions can you use to find out which objects depend on this view?
(Choose two.)
- A. History function
- B. Display XML function
- C. Auto Documentation function
- D. Where-Used function
Answer: C,D
NEW QUESTION 23
Is it possible to take advantage of New G/L features within SAP Simple Finance as well as the ability of flexible reporting based on line-items instead of pre-aggregated totals?
- A. Yes
- B. No
Answer: A
NEW QUESTION 24
You need to transfer the production variance split into the Central Finance system? Note: there are 3 correct answers to this question.
- A. Define the accounts for splitting price differences.
- B. Configure the COGS split for CO PA.
- C. Ensure that costing based CO PA is activated in the target system.
- D. Ensure that costing based CO-PA is activated in the sender system.
- E. Ensure that account based CO PA is activated in the target system.
Answer: A,C,D
NEW QUESTION 25
Which tasks can you perform with the data provisioning view in the SAP HANA studio? (Choose two.)
- A. Suspend replication of tables
- B. Filter replicated data
- C. Start replication of tables
- D. Apply data transformations
Answer: A,C
NEW QUESTION 26
Which of the following are characteristics of SAP NetWeaver Business Warehouse (SAP BW) when migrating it to run on SAP HANA? (Choose three.)
- A. It allows co-deployment of the SAP BW application server on the SAP HANA database hardware.
- B. It eliminates the need to upgrade to the latest SAP BW application version.
- C. The system usage is the same as an equivalent SAP BW on non-SAP databases.
- D. It allows re-use of your available SAP BW application servers.
- E. The sizing of your current SAP BW application servers remains valid.
Answer: C,D,E
NEW QUESTION 27
Which of the following is used to make hierarchies available to reporting tools?
- A. CE Functions
- B. SQL
- C. MDX
- D. SQLScript
Answer: C
Explanation:
Explanation/Reference:
NEW QUESTION 28
You need to set up an SAP Landscape Transformation configuration for Central Finance. What must you dobefore you can start? Note: There are 2 correct answers to this question.
- A. Activate pre-delivered SAP objects.
- B. Create database connections.
- C. Set up RFC destinations.
- D. Create a technical user.
Answer: A,C
NEW QUESTION 29
What are the considerations to configure decimal places in the central finance system landscape?
- A. The currency exchange rateswill take care of any differences in decimal places, thus no action is required.
- B. Enter the number of decimal places in the central finance system as defined in the source system.
- C. Enter the number of decimal places in the source system as defined in the central finance system.
- D. Differences in decimal places for currencies in source and central finance systems have no impact on documents posting in Central Finance system.
Answer: D
NEW QUESTION 30
What is true about Universal Journal extensibility? (Choose three.)
- A. The new HANA based reporting can not access the customer fields of all components (G/L, CO, AA, ML).
- B. P&L line extension using "CO-PA capabilities" is provided.
- C. The standard General Ledger coding block extensibility.
- D. It can be extended easily with customer fields for all components (G/L, CO, AA, ML).
Answer: B,C,D
NEW QUESTION 31
Which ones are correct? (Choose three.)
- A. BSEG as before Simple Finance, can still be summarized.
- B. Cost based CO-PA is changed.
- C. Profit Center Accounting (ECPCA), Special Purpose Ledgers (FI-SL), Consolidation (ECCS), Joint Venture Accounting, Public Sector etc. work as before.
- D. Former COEP, FAGLFLEXA, ANEP, MLIT etc. data are stored in ACDOCA.
Answer: A,C,D
NEW QUESTION 32
Which data replication tool do you use for real-time replication?
- A. SAP Data Services
- B. SAP ProcessIntegration
- C. SAP Landscape Transformation
- D. SAP Master Data Governance
Answer: C
NEW QUESTION 33
Select the correct statements:
(Choose all that apply.)
- A. Material ledger document numbers is not dependent from the organizational unit (e.g. company code).
- B. Fi document (Universal JE) document is fiscal year and company code dependent.
- C. CO document numbers is not year dependent.
Answer: A,B,C
NEW QUESTION 34
Which valuation approaches are supported in the COGS split? Note: There are 3 correct answers to the question.
- A. Legal valuation
- B. Profit center valuation
- C. Foreign currency valuation
- D. Group valuation
- E. Inventory valuation
Answer: A,B,D
NEW QUESTION 35
Which of the following are functions of the DB trigger within SAP Landscape Transformation (SLT)? (Choose two.)
- A. Include only relevant tables for DB recording.
- B. Ensure that replicated changes are kept within the logging tables.
- C. Record relevant changes in logging tables.
- D. Decluster table classes into a transparent format.
Answer: A,C
NEW QUESTION 36
What is the leading table for FI/CO document replication from SAP source systems?
- A. Controlling document header table (COBK)
- B. Documents header table (/1LT/CF_E_HEADER)
- C. Accounting document header table (BKPF)
- D. Central Finance transfer table (CFIN_ACCHD)
Answer: D
NEW QUESTION 37
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