Updated Mar-2023 C-S4FCF-2021 Exam Practice Test Questions [Q18-Q42]

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Updated Mar-2023 C-S4FCF-2021 Exam Practice Test Questions [Q18-Q42]

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Updated Mar-2023 C-S4FCF-2021 Exam Practice Test Questions

Verified C-S4FCF-2021 dumps Q&As 100% Pass in First Attempt Guaranteed Updated Dump

C-S4FCF-2021 Exam Certification Details:

Cut Score: 64%
Level: Associate
Exam: 80 questions

SAP C-S4FCF-2021 Exam Description:

The ‘SAP Certified Application Associate – Central Finance in SAP S/4HANA (SAP S/4HANA 2021)’ certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role.
This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project’s success right away. The certificate issued for passing this exam will be valid for 5 years.
This certificate is the ideal starting point for a career as a Central Finance consultant.

 

QUESTION 18
You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 19
Which data must you extract from a non-SAP source system to integrate with Central Finance? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 20
You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?

 
 
 
 

QUESTION 21
What are the advantages of SLT deployment on a separate instance? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 22
You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 23
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 24
Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 25
Which tool must you use to view FI/CO initial load errors?

 
 
 
 

QUESTION 26
Which service or application does MDG provide to maintain Key Mapping one by one?

 
 
 
 

QUESTION 27
What do you assign to the logical system as part of the technical configuration of Central Finance?

 
 
 
 

QUESTION 28
What are the features of the Accounting View of Logistics (AVL) information in Central Finance? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 29
Which service or application does MDG provide to maintain Key Mapping one by one?

 
 
 
 

QUESTION 30
What activities are typically performed by operational teams on a daily basis between the source system and the Central Finance system? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 31
You encounter an error during replication: General Ledger Account Master ID in field ‘G/L Account’ could not be mapped. Which transactions can you use to check the mapping? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 32
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.

 
 
 
 
 

QUESTION 33
Which actions are performed by a Functional FI/CO key user in a Central Finance Project? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 34
What actions can you run in the Application Interface Framework (AIF) of the Central Finance system to support business users? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 35
A customer has a non-SAP source system with runtime-database license. Which SLT scenario must be used for Central Finance implementation?

 
 
 
 

QUESTION 36
For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?

 
 
 
 

QUESTION 37
Which objects are included in SAP Master Data Governance, Consolidation? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 38
Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 39
What are the features of the Accounting View of Logistics (AVL) information in Central Finance? Note:
There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 40
Which activities must you complete before you can activate real-time replication? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 41
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 42
You have a business requirement to change a specific document type in the target system. Which mapping action would you use?

 
 
 
 

SAP C-S4FCF-2021 Exam Syllabus Topics:

Topic Details
Topic 1
  • Define validation and reconciliation in Central Finance
  • Central Finance Landscape Architecture
Topic 2
  • Describe prerequisites to activate real time replication
  • Central Finance Setup and Configuration
Topic 3
  • Perform document drill back from target system to source system
  • Determine the stakeholders involved in a Central Finance project
Topic 4
  • Explain business scenarios and the business hierarchy used by SAP Configure RFC between two SAP systems
  • Determine the SAP S
  • 4HANA Central Finance pilot approach
Topic 5
  • Configure the scope for the initial load of FI
  • CO posting
  • Resolve errors of FI
  • CO posting initial load
Topic 6
  • Describe MDG function in Central Finance for master harmonization
  • Differentiate between Key Mapping and Value Mapping
Topic 7
  • Define options to SAP S
  • 4HANA Central Finance Architecture links source systems to the central finance system
  • Describe technical communications modes and processes

 

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