[Aug 18, 2023] Latest SAP Certified Application Associate C-S4FCF-2021 Actual Free Exam Questions [Q29-Q53]

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[Aug 18, 2023] Latest SAP Certified Application Associate C-S4FCF-2021 Actual Free Exam Questions

SAP Certified Application Associate C-S4FCF-2021 Dumps Updated Practice Test and 82 unique questions


SAP C-S4FCF-2021 certification exam consists of 80 multiple-choice questions, and candidates have 180 minutes to complete the exam. C-S4FCF-2021 exam is available in several languages, including English, Japanese, and German, among others. The minimum passing score for C-S4FCF-2021 exam is 66%.


SAP C_S4FCF_2021 exam consists of 80 multiple-choice questions and has a time limit of 180 minutes. C-S4FCF-2021 exam covers a range of topics, including the configuration of central finance, the implementation of financial processes, and the integration of financial data. Candidates are required to achieve a passing score of 65% or higher to become certified.

 

NEW QUESTION # 29
You have a business requirement to change a specific document type in the target system. Which mapping action would you use?

  • A. Mapping authorized
  • B. Keep data
  • C. Clear data
  • D. Map if possible

Answer: A


NEW QUESTION # 30
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.

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

Answer: C,D


NEW QUESTION # 31
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 VCFIN_SOURCE_SET table in the target system.
  • B. Define the initial load group.
  • C. Perform month end closing in the source system.
  • D. Configure the Substitution and Migration Clearing accounts.

Answer: A,B


NEW QUESTION # 32
You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping?

  • A. Central Finance system
  • B. SAP Landscape Transformation (SLT)
  • C. Source system
  • D. SAP Master Data Governance system

Answer: A


NEW QUESTION # 33
Which functions are available in Central Finance to validate the system setup before initial load? Note: There are 3 correct answers to this question.

  • A. Simulation of mapping for WBS
  • B. Simulation of postings for AVL
  • C. Smoke test functionality for Cost Objects (AUFK)
  • D. Simulation of postings for FI/CO documents
  • E. Smoke test functionality for CO secondary postings

Answer: C,D,E


NEW QUESTION # 34
Which of the following Central Finance interfaces are available for data replication from an SAP source system? Note: There are 3 correct answers to this question.

  • A. Activity rates
  • B. WBS elements
  • C. Material cost estimates
  • D. Cost objects
  • E. Master data elements

Answer: B,D,E


NEW QUESTION # 35
Where do you perform the variance calculation in a Central Finance scenario?

  • A. In the source system after order settlement
  • B. In the target system before order settlement
  • C. In the source system before order settlement
  • D. In the target system after order settlement

Answer: C


NEW QUESTION # 36
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 # 37
With central budgeting for internal orders, where is the availability check executed?

  • A. In both the target and the source system
  • B. In the System Landscape Transformation (SLT)
  • C. In the target system only
  • D. In the source system only

Answer: C


NEW QUESTION # 38
Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.

  • A. Logistics data: sales orders, plants, and organization units such as sales and purchase organization
  • B. Financials data: general ledger accounts, profit centers, and cost centers
  • C. Bank data: banks, house banks, and bank accounts
  • D. Material data: general data and units of measure

Answer: B,D


NEW QUESTION # 39
Which mapping type automatically creates the necessary master data in Central Finance?

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

Answer: B


NEW QUESTION # 40
What is the recommended naming convention when you define a logical system name in Central Finance?

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

Answer: A


NEW QUESTION # 41
Which tool must you use to view FI/CO initial load errors?

  • A. Central Finance application log
  • B. SAP Application Interface Framework
  • C. Migration cockpit
  • D. SAP LT replication server cockpit

Answer: B


NEW QUESTION # 42
Which tool must you use to view FI/CO initial load errors?

  • A. SAP Application Interface Framework
  • B. Migration cockpit
  • C. SAP LT replication server cockpit
  • D. Central Finance application log

Answer: D


NEW QUESTION # 43
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.

  • A. It can be deployed in the Central Finance system or as a master data hub.
  • B. It only provides consolidation for business partners, customers, and vendors.
  • C. It provides central creation, change, and distribution of master data.
  • D. It is used to maintain and perform business mapping.
  • E. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.

Answer: A,C,E


NEW QUESTION # 44
Which service or application does MDG provide to maintain Key Mapping one by one?

  • A. Central Finance replication
  • B. Cost object mapping
  • C. WebDynpro application
  • D. SAP GUI transaction

Answer: C


NEW QUESTION # 45
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.

  • A. Assign authorizations for an RFC user.
  • B. Maintain the initial load scope.
  • C. Activate central finance business function.
  • D. Carry forward balances.
  • E. Configure decimal places for currencies.

Answer: A,B,E


NEW QUESTION # 46
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 Intercompany reconciliation.
  • D. Reconcile individually using the line item drill-down.
  • E. Reconcile using the financial statement.

Answer: A,B,D


NEW QUESTION # 47
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. SLT deployed in the source system has direct access to any data in the Central Finance system.
  • B. SLT has direct access to any data in the source system.
  • C. Upgrades and updates of the source system with deployed SLT impact the replication of other source systems.
  • D. Other source systems that are connected to SLT have no impact on the performance and stability of the source system with deployed SLT.
  • E. There is better replication performance because there is no network connection required to the Central Finance system.

Answer: A,B,E


NEW QUESTION # 48
Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are
2 correct answers to this question.

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

Answer: A,B


NEW QUESTION # 49
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.

  • A. It can be deployed in the Central Finance system or as a master data hub.
  • B. It only provides consolidation for business partners, customers, and vendors.
  • C. It provides central creation, change, and distribution of master data.
  • D. It is used to maintain and perform business mapping.
  • E. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.

Answer: A,C,E


NEW QUESTION # 50
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. Customer line items table
  • B. Debit and credit items table
  • C. Header table
  • D. Product tax items table
  • E. Cost object items table

Answer: A,C,D


NEW QUESTION # 51
Which of the following Central Finance interfaces are available for data replication from an SAP source system? Note: There are 3 correct answers to this question.

  • A. Activity rates
  • B. Material cost estimates
  • C. WBS elements
  • D. Master data elements
  • E. Cost objects

Answer: B,C,E


NEW QUESTION # 52
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. Replication of open items must be used.
  • B. Central payments must be activated.
  • C. Source systems and Central Finance must use business partners.
  • D. Payment terms must be replicated.

Answer: A,B


NEW QUESTION # 53
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