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The exam is intended for professionals who are responsible for implementing, configuring, and maintaining the central finance deployment option in SAP S/4HANA. Candidates should have a good understanding of financial processes and accounting principles, as well as experience with SAP systems and financial applications.
The SAP C-S4FCF-2021 exam evaluates the candidate’s knowledge and skills in various areas, including SAP S/4HANA Central Finance system architecture, data migration, master data configuration, financial and management accounting, and financial close. The exam consists of 80 multiple-choice questions, which are to be completed within a time limit of 180 minutes. The exam is available in three languages: English, Japanese, and Korean.
The SAP C-S4FCF-2021 exam covers a range of topics related to Central Finance in SAP S/4HANA, including central finance deployment options, data replication, system configuration, and integration with other SAP modules. Candidates are also tested on their ability to configure and manage financial operations in a centralized environment, including financial closing, accounts payable and receivable, and cash management.
NEW QUESTION # 20
What does the classic Profit Center Accounting (EC-PCA) simul-ation tool do? Note: There are 2 correct answers to this question.
- A. Creates mapping entries
- B. Posts actual data in the target system
- C. Carries out data mapping checks
- D. Checks posting logic
Answer: C,D
NEW QUESTION # 21
How can you map internal orders from a source system to a Central Finance system? Note: There are 2 correct answers to this question.
- A. One-to-many relationship
- B. Many-to-one relationship
- C. Many-to-many relationship
- D. One-to-one relationship
Answer: B,D
NEW QUESTION # 22
What can you define in the Choose Logical System configuration step of the initial load settings?
- A. Company code
- B. Package size
- C. Substitution accounts
- D. Start year balances
Answer: B
NEW QUESTION # 23
The MDG mapping repository contains key mapping for master data, and value mapping for customizing.
Which service or application does MDG provide to maintain value mapping one by one?
- A. Cost Object mapping
- B. WebDynpro application
- C. SAP GUI transaction
- D. Central Finance instance
Answer: C
NEW QUESTION # 24
Which service or application does MDG provide to maintain Key Mapping one by one?
- A. Central Finance replication
- B. Cost object mapping
- C. WebDynpro application
- D. SAP GUI transaction
Answer: C
NEW QUESTION # 25
The MDG mapping repository contains key mapping for master data, and value mapping for customizing. Which service or application does MDG provide to maintain value mapping one by one?
- A. Cost Object mapping
- B. WebDynpro application
- C. SAP GUI transaction
- D. Central Finance instance
Answer: C
NEW QUESTION # 26
Which transactions can you use to drill back to the source document? Note: There are 2 correct answers to this question.
- A. Change document display (FSCD)
- B. FI document display (FB03)
- C. SLT monitor (LTRC)
- D. CO document display (KSB5)
Answer: B,D
NEW QUESTION # 27
What are some of the advantages of using intercompany reconciliations in Central Finance? Note: There are 2 correct answers to this question.
- A. You can eliminate long-running batch jobs for loading the data into Central Finance.
- B. You can manage intercompany reconciliations later in the closing process.
- C. You can assign documents based on predefined and customized rules.
- D. You can manage intercompany reconciliation using alerts and analytics.
Answer: A,B
NEW QUESTION # 28
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. Configure the VCFIN_SOURCE_SET table in the target system.
- B. Configure the Substitution and Migration Clearing accounts.
- C. Perform month end closing in the source system.
- D. Define the initial load group.
Answer: B,D
NEW QUESTION # 29
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 is used to maintain and perform business mapping.
- C. It only provides consolidation for business partners, customers, and vendors.
- D. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.
- E. It can be deployed in the Central Finance system or as a master data hub.
Answer: A,D,E
NEW QUESTION # 30
What are the prerequisites for price difference splitting in Central Finance? Note: There are 3 correct answers to this questions.
- A. Account-based Profitability Analysis must be active in the source system.
- B. Production order settlement is configured in the source system.
- C. Costing-based Profitability Analysis must be active in the source system.
- D. Accounts for splitting price difference are configured in the target system.
- E. Accounts for splitting price difference are configured in the source system.
Answer: B,D,E
NEW QUESTION # 31
A customer has a non-SAP source system with runtime-database license. Which SLT scenario must be used for Central Finance implementation?
- A. Non-SAP
- B. Application-based replication
- C. Business integration
- D. Data-based replication
Answer: C
NEW QUESTION # 32
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. There is no impact from update of source and Central Finance systems.
- C. Other integration scenarios besides Central Finance are possible.
- D. Other systems can be connected without impact on source and Central Finance systems.
- E. No RFC connection is required to source and Central Finance systems.
Answer: A,B,D
NEW QUESTION # 33
You want to set up the Central Finance system. Note: There are 3 correct answers to this question.
- A. Configure ISO codes for currencies.
- B. Assign the RFC destination in the source system.
- C. Configure decimal places for currencies.
- D. Assign the logical system for the central finance system.
- E. Set up the RFC destination for the source system.
Answer: B,D,E
NEW QUESTION # 34
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. SAP Process Integration (PI) Web service
- B. ALE/IDoc outbound and inbound
- C. Application Interface Framework (AIF)
- D. SAP Landscape Transformation (SLT)
- E. SAP Master Data Governance (MDG)
Answer: B,C,E
NEW QUESTION # 35
You are explaining the architectural concept of Central Finance to a customer. Which SLT objects are used during replication from both ABAP and non-ABAP systems? Note: There are 2 correct answers to this question.
- A. Database trigger
- B. Logging table
- C. Mapping and Transformation engine
- D. Reading engine
Answer: A,C
NEW QUESTION # 36
What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are 2 correct answers to this question.
- A. Mapping completeness
- B. Existence of 1:n mappings
- C. Validation of mapping action
- D. Availability of duplicates
Answer: B,D
NEW QUESTION # 37
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 G/L account
- B. Release project definition
- C. Create settlement rules
- D. Create EC-PCA postings
- E. Create down payments
Answer: C,D,E
NEW QUESTION # 38
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