2023 100% Free C_S4FCF_2021 Daily Practice Exam With 82 Questions [Q22-Q42]

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2023 100% Free C_S4FCF_2021 Daily Practice Exam With 82 Questions

C_S4FCF_2021 exam torrent SAP study guide


SAP C-S4FCF-2021 certification exam consists of 80 multiple-choice questions, and the candidate is given 180 minutes to complete the exam. C_S4FCF_2021 exam is available in English and is administered in Pearson VUE testing centers worldwide. To be eligible for the exam, candidates must have a minimum of two years of experience in SAP Central Finance and have completed the recommended training courses.


SAP C_S4FCF_2021 Certification Exam is suitable for those who have experience working with SAP S/4HANA, particularly in the finance department. C_S4FCF_2021 exam covers topics such as the Central Finance data model, the configuration of financial data replication, and the use of Central Finance for reporting. SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) certification is ideal for professionals who want to enhance their career prospects and demonstrate their expertise in Central Finance in SAP S/4HANA.


Earning the SAP C_S4FCF_2021 certification demonstrates that an individual has the skills and knowledge required to implement, configure, and manage Central Finance in SAP S/4HANA. SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) certification can lead to new career opportunities, higher pay, and increased job security. It also helps organizations to identify and hire qualified professionals who can effectively manage their Central Finance processes.

 

NEW QUESTION # 22
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.

  • A. Logical system
  • B. Profit center
  • C. Company codes
  • D. Controlling area

Answer: A,C


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

  • A. Error Resolution for EC-PCA is carried out using Application Interface Framework.
  • B. Central Finance Mapping logic is applicable to EC-PCA document replication.
  • C. EC-PCA document replication does not cover postings done by transaction 1KEL.
  • D. EC-PCA documents are replicated to the leading ledger 0L.

Answer: A,B


NEW QUESTION # 24
Which objects are part of Key Mapping? Note: There are 3 correct answers to this question.

  • A. Cost center
  • B. Company code
  • C. WBS element
  • D. Customer
  • E. Tax code

Answer: A,C,D


NEW QUESTION # 25
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 reads the FI documents in the source system and finds all line items.
  • B. It finds the corresponding entries in the ACDOCA table of Central Finance system.
  • C. It combines the total number of journal entries with errors.
  • D. It calculates the total number of financial accounting documents posted in the source system.

Answer: B,C


NEW QUESTION # 26
Which of the following are domains in SAP Master Data Governance? Note: There are 3 correct answers to this question.

  • A. Business Partner, Supplier, and Customer
  • B. Logistics
  • C. Manufacturing
  • D. Material
  • E. Finance

Answer: A,D,E


NEW QUESTION # 27
Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are 2 correct answers to this question.

  • A. Dispute case for the clarification of payment differences
  • B. Promise to pay agreements created from a collection worklist
  • C. Request-based down payment in the amount of the difference
  • D. Alerts of intercompany reconciliation for automatic clearing of remaining receivables

Answer: B,C


NEW QUESTION # 28
What are the implications when you activate Central Payment functionality? Note: There are 2 correct answers to this question.

  • A. The central system becomes the book of record.
  • B. Credit limits must be maintained at the business partner level in the source system.
  • C. Central Payment is not possible for third-party systems.
  • D. Invoices posted in the source system are technically cleared.

Answer: C,D


NEW QUESTION # 29
Which mapping type automatically creates the necessary master data in Central Finance?

  • A. Key mapping
  • B. Value mapping
  • C. Complex mapping
  • D. Cost object mapping

Answer: D


NEW QUESTION # 30
A customer has a non-SAP source system with runtime-database license. Which SLT scenario must be used for Central Finance implementation?

  • A. Data-based replication
  • B. Non-SAP
  • C. Business integration
  • D. Application-based replication

Answer: C


NEW QUESTION # 31
What is the recommended naming convention when you define a logical system name in Central Finance?

  • A. System ID; company code; client number
  • B. System ID; "CLNT"; client number
  • C. "CLNT"; client number; system ID
  • D. System ID; "CLNT"; company code

Answer: B


NEW QUESTION # 32
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.

  • A. Documents against transaction figures
  • B. Documents against indexes
  • C. Documents against ledger
  • D. Indexes - transaction figures
  • E. Indexes against ledger

Answer: A,B,D


NEW QUESTION # 33
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. Many-to-many relationship
  • B. Many-to-one relationship
  • C. One-to-one relationship
  • D. One-to-many relationship

Answer: B,D


NEW QUESTION # 34
What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are
2 correct answers to this question.

  • A. Existence of 1:n mappings
  • B. Validation of mapping action
  • C. Mapping completeness
  • D. Availability of duplicates

Answer: A,C


NEW QUESTION # 35
What can you define in the Choose Logical System configuration step of the initial load settings?

  • A. Substitution accounts
  • B. Company code
  • C. Package size
  • D. Start year balances

Answer: C


NEW QUESTION # 36
What are the features of the SAP Shared Service Framework with Central Finance? Note: There are 2 correct answers to this question.

  • A. It simplifies consolidations.
  • B. It allows a comparative and harmonized view for corporate reporting.
  • C. It centralizes all service-relevant transactional activities.
  • D. It is the service management platform for global business service organizations.

Answer: C,D


NEW QUESTION # 37
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. Data correction is possible for all fields
  • C. Message severity can be changed
  • D. Field labels can be shown with customized text
  • E. Role-based overview for business users

Answer: A,D,E


NEW QUESTION # 38
For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?

  • A. Cost objects
  • B. CO internal documents
  • C. EC-PCA documents
  • D. FI/CO documents

Answer: D


NEW QUESTION # 39
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 emergency error correction in the source system
  • C. Activate multiple error tracking
  • D. Change error message text

Answer: A,D


NEW QUESTION # 40
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.

  • A. EC-PCA documents are replicated to the leading ledger 0L.
  • B. Central Finance Mapping logic is applicable to EC-PCA document replication.
  • C. EC-PCA document replication does not cover postings done by transaction 1KEL.
  • D. Error Resolution for EC-PCA is carried out using Application Interface Framework.

Answer: A,B


NEW QUESTION # 41
What are the prerequisites for SAP Landscape Transformation configuration before the initial load? Note:
There are 2 correct answers to this question.

  • A. Create database connections.
  • B. Create a technical user.
  • C. Assign replication objects to the logical system.
  • D. Set up RFC destinations.

Answer: B,D


NEW QUESTION # 42
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