[Aug 16, 2022] Fully Updated Free Actual SAP C-S4FCF-2021 Exam Questions
Free C-S4FCF-2021 Questions for SAP C-S4FCF-2021 Exam [Aug-2022]
SAP C-S4FCF-2021 Exam Description:
The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)' certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project's success right away. The certificate issued for passing this exam will be valid for 5 years. This certificate is the ideal starting point for a career as a Central Finance consultant.
C-S4FCF-2021 Exam Certification Details:
| Languages: | German, English |
| Sample Questions: | SAP C-S4FCF-2021 Exam Sample Question |
| Duration: | 180 mins |
| Exam: | 80 questions |
NEW QUESTION 35
What are the advantages of SLT deployment on a separate instance? Note: There are 3 correct answers to this question.
- A. Other integration scenarios besides Central Finance are possible.
- B. There is no impact from update of source and Central Finance systems.
- C. No RFC connection is required to source and Central Finance systems.
- D. Other systems can be connected without impact on source and Central Finance systems.
- E. SLT has direct access to source and Central Finance systems.
Answer: A,B,D
NEW QUESTION 36
With central budgeting for internal orders, where is the availability check executed?
- A. In both the target and the source system
- B. In the source system only
- C. In the target system only
- D. In the System Landscape Transformation (SLT)
Answer: C
NEW QUESTION 37
You have a business requirement to change a specific document type in the target system. Which mapping action would you use?
- A. Keep data
- B. Mapping authorized
- C. Clear data
- D. Map if possible
Answer: B
NEW QUESTION 38
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. All information from the logistics document is transferred.
- B. Logistics information is replicated (example: sales order).
- C. Business mapping is supported for AVL replication.
- D. AVL information is available for real-time replication only.
- E. Replication is executed via SLT.
Answer: B,C,E
NEW QUESTION 39
You have a business requirement to change a specific document type in the target system. Which mapping action would you use?
- A. Keep data
- B. Mapping authorized
- C. Clear data
- D. Map if possible
Answer: D
NEW QUESTION 40
Which source systems require dedicated staging tables on SLT? Note: There are 3 correct answers to this question.
- A. SAP Business by Design
- B. SAP ECC 6.0 on SAP HANA
- C. SAP ECC 4.6
- D. SAP Business One
- E. Non-SAP ERP system
Answer: A,D,E
NEW QUESTION 41
Which tables does SLT read during real-time replication of accounting documents and cost objects from SAP source systems? Note: There are 3 correct answers to this question.
- A. Accounting document header table (BKPF)
- B. Central Finance transfer table (CFIN_ACCIT)
- C. Order master data table (AUFK)
- D. Central Finance transfer table (CFIN_ACCHD)
- E. Sales document header data (VBAK)
Answer: B,C,D
NEW QUESTION 42
A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations? Note: There are 3 correct answers to this question.
- A. If SAP Master Data Governance is a standalone system, the source ERP system must query master data and Key Mapping from the Central Finance system.
- B. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).
- C. The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.
- D. SAP Master Data Governance is not mandatory for the Central Finance landscape.
- E. Master data is distributed via SAP Master Data Governance to source and target systems.
Answer: B,D,E
NEW QUESTION 43
Which reports can you use to compare details from the source system with the Central Finance system? Note:
There are 3 correct answers to this question.
- A. Document comparison report
- B. Balance comparison report
- C. Journal entry analyzer report
- D. Actual P&L report
- E. Document count report
Answer: A,B,E
NEW QUESTION 44
You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?
- A. Open item managed accounts
- B. Asset reconciliation accounts
- C. Tax accounts
- D. Non-operating expense or income accounts
Answer: B
NEW QUESTION 45
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. Alerts of intercompany reconciliation for automatic clearing of remaining receivables
- C. Promise to pay agreements created from a collection worklist
- D. Request-based down payment in the amount of the difference
Answer: C,D
NEW QUESTION 46
Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.
- A. Create G/L account
- B. Create down payments
- C. Create settlement rules
- D. Release project definition
- E. Create EC-PCA postings
Answer: B,C,E
NEW QUESTION 47
What is the recommended naming convention when you define a logical system name in Central Finance?
- A. "CLNT"; client number; system ID
- B. System ID; "CLNT"; company code
- C. System ID; "CLNT"; client number
- D. System ID; company code; client number
Answer: C
NEW QUESTION 48
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. Message severity can be changed
- D. Field labels can be shown with customized text
- E. Data correction is possible for all fields
Answer: A,B,E
NEW QUESTION 49
Which mapping type automatically creates the necessary master data in Central Finance?
- A. Key mapping
- B. Complex mapping
- C. Value mapping
- D. Cost object mapping
Answer: D
NEW QUESTION 50
What can you define in the Choose Logical System configuration step of the initial load settings?
- A. Start year balances
- B. Company code
- C. Substitution accounts
- D. Package size
Answer: D
NEW QUESTION 51
You need to set up a central Credit Management landscape in Central Finance. Which distribution settings does SAP recommend to determine the credit limit? Note: There are 2 correct answers to this question.
- A. Process Integration (PI)
- B. Credit Manager Portal
- C. WebDynpro
- D. Web services
Answer: A,D
NEW QUESTION 52
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 Master Data Governance (MDG)
- B. SAP Landscape Transformation (SLT)
- C. ALE/IDoc outbound and inbound
- D. SAP Process Integration (PI) Web service
- E. Application Interface Framework (AIF)
Answer: A,C,E
NEW QUESTION 53
For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?
- A. CO internal documents
- B. FI/CO documents
- C. EC-PCA documents
- D. Cost objects
Answer: B
NEW QUESTION 54
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 centralizes all service-relevant transactional activities.
- C. It is the service management platform for global business service organizations.
- D. It allows a comparative and harmonized view for corporate reporting.
Answer: B,C
NEW QUESTION 55
Which tool must you use to view FI/CO initial load errors?
- A. Migration cockpit
- B. SAP Application Interface Framework
- C. Central Finance application log
- D. SAP LT replication server cockpit
Answer: C
NEW QUESTION 56
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 only provides consolidation for business partners, customers, and vendors.
- B. It provides central creation, change, and distribution of master data.
- C. It is used to maintain and perform business mapping.
- D. It can be deployed in the Central Finance system or as a master data hub.
- E. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.
Answer: B,D,E
NEW QUESTION 57
The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?
- A. Costing-based CO-PA document
- B. Accounting document
- C. Sales document
- D. Profit center accounting document
Answer: B
NEW QUESTION 58
What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are 2 correct answers to this question.
- A. Validation of mapping action
- B. Mapping completeness
- C. Availability of duplicates
- D. Existence of 1:n mappings
Answer: C,D
NEW QUESTION 59
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