2024 Latest C-S4FCF-2021 Exam Dumps Recently Updated 82 Questions
SAP C-S4FCF-2021 Real 2024 Braindumps Mock Exam Dumps
SAP C_S4FCF_2021 certification is a valuable credential for SAP professionals who want to demonstrate their expertise in the Central Finance module of SAP S/4HANA. It validates the candidate's knowledge and skills in implementing and configuring Central Finance, as well as their ability to integrate it with other SAP modules. SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) certification also demonstrates the candidate's commitment to ongoing professional development and staying up-to-date with the latest SAP technologies and best practices.
SAP C-S4FCF-2021 (SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)) certification exam is designed to measure the knowledge and skills of candidates in the area of central finance in SAP S/4HANA. SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) certification is intended for individuals who have a good understanding of the central finance functionality of SAP S/4HANA and are keen to validate their expertise in this area.
NEW QUESTION # 34
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.
- A. Central payments must be activated.
- B. Payment terms must be replicated.
- C. Source systems and Central Finance must use business partners.
- D. Replication of open items must be used.
Answer: A,D
NEW QUESTION # 35
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. There is better replication performance because there is no network connection required to the Central Finance system.
- B. Other source systems that are connected to SLT have no impact on the performance and stability of the source system with deployed SLT.
- C. SLT deployed in the source system has direct access to any data in the Central Finance system.
- D. SLT has direct access to any data in the source system.
- E. Upgrades and updates of the source system with deployed SLT impact the replication of other source systems.
Answer: A,C,D
NEW QUESTION # 36
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. Mapping and Transformation engine
- C. Logging table
- D. Reading engine
Answer: A,B
NEW QUESTION # 37
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.
- A. Configure decimal places for currencies.
- B. Maintain the initial load scope.
- C. Carry forward balances.
- D. Assign authorizations for an RFC user.
- E. Activate central finance business function.
Answer: A,B,D
NEW QUESTION # 38
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. Target system
- B. SAP Master Data Governance system
- C. SAP Landscape Transformation (SLT)
- D. Source system
Answer: A,B
NEW QUESTION # 39
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 manage intercompany reconciliations later in the closing process.
- B. You can assign documents based on predefined and customized rules.
- C. You can manage intercompany reconciliation using alerts and analytics.
- D. You can eliminate long-running batch jobs for loading the data into Central Finance.
Answer: A,D
NEW QUESTION # 40
For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?
- A. FI/CO documents
- B. Cost objects
- C. CO internal documents
- D. EC-PCA documents
Answer: D
NEW QUESTION # 41
Which objects are part of Key Mapping? Note: There are 3 correct answers to this question.
- A. WBS element
- B. Tax code
- C. Cost center
- D. Customer
- E. Company code
Answer: A,C,D
NEW QUESTION # 42
Which delta data categories are replicated in real time from SLT to the Central Finance system? Note: There are 2 correct answers to this question.
- A. Reconcile
- B. Add
- C. Exclude
- D. Delete
Answer: B,D
NEW QUESTION # 43
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.
- A. Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)
- B. Manage Key Mapping (transaction MDG_KM_MAINTAIN)
- C. Define value mapping (code mapping - transaction CFINIMG -> Maintain Value Mapping)
- D. Search Key Mapping (transaction MDG_ANALYSE_IDM)
- E. Manage G/L Account (transaction FS00)
Answer: A,B,D
NEW QUESTION # 44
Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.
- A. Messages can be assigned to SAP transaction codes
- B. Field labels can be shown with customized text
- C. Role-based overview for business users
- D. Message severity can be changed
- E. Data correction is possible for all fields
Answer: A,B,C
NEW QUESTION # 45
You need to harmonize data with the business mapping capability of SAP Master Data Governance. Which mapping capabilities do you have? Note: There are 2 correct answers to this question.
- A. Map IDs/master data between different object types.
- B. Map codes/customizing between different object types.
- C. Map IDs/master data within the same object type.
- D. Map codes/customizing within the same object type.
Answer: C,D
NEW QUESTION # 46
Which of the following actions are performed by the Level 1 - FI Documents Count report? Note: There are 2 correct answers to this question.
- A. It calculates the total number of financial accounting documents posted in the source system.
- B. It reads the FI documents in the source system and finds all line items.
- C. It finds the corresponding entries in the ACDOCA table of Central Finance system.
- D. It combines the total number of journal entries with errors.
Answer: C,D
NEW QUESTION # 47
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.
- A. Link SAP transactions to a message
- B. Activate multiple error tracking
- C. Activate emergency error correction in the source system
- D. Change error message text
Answer: A,D
NEW QUESTION # 48
What are the features of the SAP Shared Service Framework with Central Finance? Note: There are 2 correct answers to this question.
- A. It is the service management platform for global business service organizations.
- B. It simplifies consolidations.
- C. It allows a comparative and harmonized view for corporate reporting.
- D. It centralizes all service-relevant transactional activities.
Answer: A,D
NEW QUESTION # 49
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. Ad-hoc data replication
- C. Delta capturing
- D. Scheduled data replication
Answer: B,C,D
NEW QUESTION # 50
The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?
- A. Accounting document
- B. Sales document
- C. Costing-based CO-PA document
- D. Profit center accounting document
Answer: A
NEW QUESTION # 51
Which transactions can you use to drill back to the source document? Note: There are 2 correct answers to this question.
- A. SLT monitor (LTRC)
- B. Change document display (FSCD)
- C. FI document display (FB03)
- D. CO document display (KSB5)
Answer: C,D
NEW QUESTION # 52
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. AVL information is available for real-time replication only.
- B. All information from the logistics document is transferred.
- C. Business mapping is supported for AVL replication.
- D. Logistics information is replicated (example: sales order).
- E. Replication is executed via SLT.
Answer: C,D,E
NEW QUESTION # 53
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.
- A. EC-PCA document replication does not cover postings done by transaction 1KEL.
- B. Error Resolution for EC-PCA is carried out using Application Interface Framework.
- C. EC-PCA documents are replicated to the leading ledger 0L.
- D. Central Finance Mapping logic is applicable to EC-PCA document replication.
Answer: C,D
NEW QUESTION # 54
Which of the following System Landscape Transformation (SLT) staging tables should be populated to connect third-party legacy systems to the Central Finance system? Note: There are 3 correct answers to this question.
- A. Cost object items table
- B. Header table
- C. Customer line items table
- D. Product tax items table
- E. Debit and credit items table
Answer: B,C,D
NEW QUESTION # 55
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SAP C-S4FCF-2021 exam covers a wide range of topics related to SAP Central Finance, including the basics of SAP S/4HANA, finance and accounting concepts, and centralizing financial data in SAP S/4HANA. Candidates will also be tested on their knowledge of SAP Central Finance architecture, data integration, and master data management. They will also be tested on their ability to use SAP S/4HANA to perform financial processes such as journal entries, accounts payable, and accounts receivable.
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