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

SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Questions and Answers

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Question 1

What are the options for mapping cost objects to internal orders with the cost object mapping framework? Note: There are 2 correct answers to this question.

Options:

A.

Product Cost Collector

B.

Service Order

C.

QM Order

D.

Cost Center

Question 2

What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are 2 correct answers to this question.

Options:

A.

Availability of duplicates

B.

Validation of mapping action

C.

Existence of 1:n mappings

D.

Mapping completeness

Question 3

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.

Options:

A.

Delete

B.

Exclude

C.

Reconcile

D.

Add

Question 4

Which of the following functions are valid for initial load extraction of FI/CO postings?

Options:

A.

Initial load can be executed only for specific company codes.

B.

Migration clearing accounts are maintained for reconciliation accounts.

C.

The target system controls the open items to be extracted from the source system.

D.

The source system controls the period and fiscal year for balance extraction and document extraction.

Question 5

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.

Options:

A.

Logging table

B.

Mapping and Transformation engine

C.

Reading engine

D.

Database trigger

Question 6

What are some of the advantages of using intercompany reconciliations in Central Finance? Note: There are 2 correct answers to this question.

Options:

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.

Question 7

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.

Options:

A.

Configure the Substitution and Migration Clearing accounts.

B.

Configure the VCFIN_SOURCE_SET table in the target system.

C.

Define the initial load group.

D.

Perform month end closing in the source system.

Question 8

Which field can be appended to the package key used in the initial load of balances?

Options:

A.

Segment

B.

Cost Center

C.

Functional Area

D.

Profit Center

Question 9

What can you define in the Choose Logical System configuration step of the initial load settings?

Options:

A.

Substitution accounts

B.

Company code

C.

Start year balances

D.

Package size

Question 10

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

Options:

A.

Reconcile using the financial statement.

B.

Reconcile using the Intercompany reconciliation.

C.

Reconcile using the FI Balance Reconciliation report.

D.

Reconcile individually using the line item drill-down.

E.

Reconcile using the RACCT_SENDER field in the ACDOCA table.

Question 11

You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping?

Options:

A.

Source system

B.

SAP Landscape Transformation (SLT)

C.

Central Finance system

D.

SAP Master Data Governance system

Question 12

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

Options:

A.

Configure the Application Interface Framework.

B.

Correct all errors associated with the initial load.

C.

Configure the VCFIN_SOURCE_SET view in the corresponding source systems.

D.

Delete the extract of the initial load data.