Jul-2023 SAP C_S4FCF_2021 Actual Questions and Braindumps
C_S4FCF_2021 Dumps To Pass SAP Exam in 24 Hours - ValidVCE
Earning the SAP Certified Application Associate - Central Finance in SAP S/4HANA certification is highly beneficial for professionals who work in the finance industry. It is also beneficial for individuals who work with SAP S/4HANA, as it demonstrates their ability to understand and work with SAP's latest technology.
The SAP C-S4FCF-2021 certification exam consists of 80 multiple-choice questions, and candidates have three hours to complete the test. The exam is available in English and Japanese, and candidates must achieve a minimum score of 68% to pass. The exam covers topics such as SAP S/4HANA Central Finance overview, financial accounting in SAP S/4HANA, and integration with other SAP systems.
The SAP C_S4FCF_2021 certification exam is ideal for individuals who are SAP consultants, project managers, or finance professionals. The certification is also beneficial for organizations that are implementing SAP S/4HANA Central Finance and want to ensure that their employees have the necessary skills and knowledge to manage the system effectively. By earning the SAP C_S4FCF_2021 certification, individuals can enhance their career prospects and demonstrate their commitment to professional development.
NEW QUESTION # 45
You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?
- A. Open item managed accounts
- B. Non-operating expense or income accounts
- C. Tax accounts
- D. Asset reconciliation accounts
Answer: A
NEW QUESTION # 46
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 Substitution and Migration Clearing accounts.
- B. Perform month end closing in the source system.
- C. Define the initial load group.
- D. Configure the VCFIN_SOURCE_SET table in the target system.
Answer: C,D
NEW QUESTION # 47
When do you activate the replication of WBS elements for Central Finance?
- A. After replication is activated in SAP Landscape Transformation (SLT)
- B. After the configuration of inbound and outbound ALE
- C. After the mapping and replication of cost centers
- D. After the initial load of FI documents
Answer: B
NEW QUESTION # 48
Which field can be appended to the package key used in the initial load of balances?
- A. Cost Center
- B. Segment
- C. Functional Area
- D. Profit Center
Answer: D
NEW QUESTION # 49
Which capability supports the continuous reconciliation between the sender and the Central Finance system?
Note: There are 3 correct answers to this question.
- A. Reconcile using the RACCT_SENDER field in the ACDOCA table.
- B. Reconcile using the FI Balance Reconciliation report.
- C. Reconcile using the financial statement.
- D. Reconcile using the Intercompany reconciliation.
- E. Reconcile individually using the line item drill-down.
Answer: A,B,E
NEW QUESTION # 50
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.
- A. Central Finance Mapping logic is applicable to EC-PCA document replication.
- B. EC-PCA documents are replicated to the leading ledger 0L.
- C. Error Resolution for EC-PCA is carried out using Application Interface Framework.
- D. EC-PCA document replication does not cover postings done by transaction 1KEL.
Answer: A,C
NEW QUESTION # 51
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. Role-based overview for business users
- C. Field labels can be shown with customized text
- D. Message severity can be changed
- E. Data correction is possible for all fields
Answer: A,B,E
NEW QUESTION # 52
The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?
- A. Profit center accounting document
- B. Costing-based CO-PA document
- C. Accounting document
- D. Sales document
Answer: C
NEW QUESTION # 53
What does the classic Profit Center Accounting (EC-PCA) simul-ation tool do? Note: There are 2 correct answers to this question.
- A. Checks posting logic
- B. Creates mapping entries
- C. Posts actual data in the target system
- D. Carries out data mapping checks
Answer: A,D
NEW QUESTION # 54
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. Central Finance instance
- C. SAP GUI transaction
- D. WebDynpro application
Answer: C
NEW QUESTION # 55
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. SAP Master Data Governance (MDG)
- C. Application Interface Framework (AIF)
- D. ALE/IDoc outbound and inbound
- E. SAP Landscape Transformation (SLT)
Answer: B,C,D
NEW QUESTION # 56
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.
- A. QM Order
- B. Product Cost Collector
- C. Service Order
- D. Cost Center
Answer: A,D
NEW QUESTION # 57
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. Source system
- D. SAP Landscape Transformation (SLT)
Answer: A,B
NEW QUESTION # 58
You want to set up the Central Finance system. Note: There are 3 correct answers to this question.
- A. Assign the RFC destination in the source system.
- B. Set up the RFC destination for the source system.
- C. Configure decimal places for currencies.
- D. Configure ISO codes for currencies.
- E. Assign the logical system for the central finance system.
Answer: A,B,E
NEW QUESTION # 59
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.
- A. Internal order mapping
- B. Payment methods
- C. Check AIF monitor
- D. Authorization updates
- E. Exchange rates
Answer: C,D,E
NEW QUESTION # 60
Where do you perform the variance calculation in a Central Finance scenario?
- A. In the target system after order settlement
- B. In the target system before order settlement
- C. In the source system before order settlement
- D. In the source system after order settlement
Answer: C
NEW QUESTION # 61
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