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SAP C-S4FCF-2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Central Finance Setup and Configuration 8% - 12% | Configure the scope for the initial load of FI/CO posting. Define decimal places for currencies. Differentiate between Key Mapping and Value Mapping. Define mapping actions for Mapping Entities. Define key mapping and value mappings. Configure Cost Object Mapping scenarios. |
| Integration Technology ALE < 8% | Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED). Define logical system or logical system name, message type, and distribution model. Designdistribution model. Configure logical system names and assign them to clients in SAP systems. |
| Real time Replication in Central Finance > 12% | Describe prerequisites to activate real time replication. Start real time replication. Correct errors of real time replication. Explain the document flow functionality of Central Finance. Perform document drill back from target system to source system. |
| Central Finance Landscape Architecture 8% - 12% | Define options to SAP S/4HANA Central Finance Architecture links source systems to the central finance system. Design SLT techchnical integration platform for Central Finance. Describe MDG function in Central Finance for master harmonization. Descript AIF as interface and monitoring for Central Finance. |
| Initial Load in Central Finance > 12% | Describe how to set a filter for the initial load of Cost Object. Resolve errors of cost object initial load. Execute initial load of FI/CO postings. Resolve errors of FI/CO posting initial load. Set filter for the initial load of CO internal posting, and resolve errors of CO internal posting initial load. Define validation and reconciliation in Central Finance. Perform reconciliation reports in Central Finance. |
| System Landscape Transformation Server (SLT) 8% - 12% | Describe options for activating data replication and how to transfer data, including how to change structures to source tables during replication. Configure client specific and cross client replication. Describe starting recording and replication. |
| SAP Master Data Governance > 12% | Describe MDG central governance and mass processing. Describe the general concepts and capabilities of SAP MDG, central governance. Activate and configure the default processes for MDG. Define MDG data models. |
| Corporate Finance Processes supported by Central Finance 8% - 12% | Define centralization of finance operations. Describe intercompany reconciliation in Central Finance. Determine open item management in Central Finance. Configure central payments and central down payments. Describe AR/AP reporting in Central Finance. Define SAP Credit Management. Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments. |
| Run Phase in Central Finance < 8% | Design the SAP S/4 HANA Central Finance project phases. Determine the SAP S/4HANA Central Finance pilot approach. Describe the required organizational change with SAP S/4HANA Central Finance. Determine the stakeholders involved in a Central Finance project. Define the change enablers and key success factors. Design the operation model for Central Finance, and daily operations that might be needed in Central Finance. |
| Enhancements in the Controlling Area (CO-PA, WBS) < 8% | Explain improvements made when replicating from costing-based CO-PA into Profitability Analysis in the Universal Journal. Understand account-based CO-PA COGS split in Central Finance. Define account-based CO-PA price split in Central Finance. Describe the new replication scenario for internal EC-PCA postings. Explain the simulation tool for EC-PCA and the Profit Center comparison report. Describe how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects. |
| System Integration Concepts < 8% | Describe technical communications modes and processes. Design the types of communication transfer modes. Explain business scenarios and the business hierarchy used by SAPConfigure RFC between two SAP systems, or non-SAP system. |
C-S4FCF-2020 Exam Certification Details:
| Languages: | German, English |
| Duration: | 180 mins |
| Sample Questions: | SAP C-S4FCF-2020 Exam Sample Question |
| Level: | Associate |
| Cut Score: | 64% |
| Exam: | 80 questions |
NEW QUESTION 21
Which valuation approaches are supported in the COGS split? Note: There are 3 correct answers to the question.
- A. Foreign currency valuation
- B. Inventory valuation
- C. Legal valuation
- D. Profit center valuation
- E. Group valuation
Answer: C,D,E
NEW QUESTION 22
Finish the statement.
S4 HANA technical & business values are:
(Choose two.)
- A. Lower Throughput.
- B. Full flexibility.
- C. Less Agility.
- D. Reduced data footprint.
Answer: B,D
NEW QUESTION 23
Customer is using 3 production systems (ERP systems) and would like to reduce none of production instances and continue to post day to day business postings. Which Simple Finance scenario best suits to customer?
- A. Upgrade & Migrate.
- B. Replicate into central finance.
- C. Upgrade, Migrate and Consolidate.
Answer: C
NEW QUESTION 24
You need to map internal orders to dummy WBS elements in Central Finance Which kind of mapping do you use?
- A. MDG value mapping
- B. MDG key mapping
- C. Complex mapping
- D. Cost object mapping framework
Answer: D
NEW QUESTION 25
Which processes support intercompany reconciliation in Central Finance?Note: There are 2 correct answers to this question.
- A. Reconciliation of open payments
- B. Reconciliation of vender/customer open items
- C. Reconciliation of GL account open items
- D. Reconciliation of open dispute cases
Answer: B,C
NEW QUESTION 26
Which of the following steps are key factors for a successful Central Finance implementation? (Choose two.)
- A. Migrate from a two-tier architecture to a three-tier architecture.
- B. Involve business process owners during system design.
- C. Reorganize source systems.
- D. Define strong master data governance processes.
Answer: B,D
NEW QUESTION 27
You create a role with the following command: CREATE ROLE "InfoUser". When you try to assign this role to user PETER with the following command: GRANT InfoUser to PETER you receive an error message "Invalid user privilege: INFOUSER". What must you do to avoid this problem? (Choose three.)
- A. Recreate the role with the command CREATE ROLE INFOUSER.
- B. Grant the role the WITH ADMIN OPTION.
- C. Recreate user PETER with GRANT OPTION.
- D. Recreate the role with the command CREATE ROLE InfoUser.
- E. Grant the role with the command GRANT "InfoUser" to PETER.
Answer: A,D,E
NEW QUESTION 28
Which checks of the consistency check report (RFINDEX) does SAP recommend you to execute? There are 3 correct answers to this question.
- A. Documents against ledger
- B. Documents against indexes
- C. Documents against transaction figures
- D. Indexes against ledger
- E. indexes transaction figures
Answer: B,C,E
NEW QUESTION 29
Fast multi-dimensional reporting on the Universal Journal is possible without replicating data to Bl. If Bl is in place, one single Bl extractor is needed.
Are these statements correct?
- A. No
- B. Yes
Answer: B
NEW QUESTION 30
What are the capabilities of the Customer/Vendor Integration (CVI) business function? (Choose two.)
- A. Checks for duplicates of business partner, customer master, and vendor master
- B. Replaces the customer master and vendor master with business partners
- C. Allows bi-directional replication of business partner, customer master, and vendor master
- D. Integrates the business partner, customer master, and vendor master
Answer: C,D
NEW QUESTION 31
Which of the following are standard characteristics for document splitting? (Choose two.)
- A. Business area
- B. Company code
- C. Functional area
- D. Segment
- E. Profit center
Answer: A,D
NEW QUESTION 32
Where do you maintain themaster data of the replicated cost objects.
- A. SAP Master Data Governance system
- B. SAP Landscape Transformation system
- C. Source system
- D. Target system
Answer: C
NEW QUESTION 33
Is it possible to take advantage of New G/L features within SAP Simple Finance as well as the ability of flexible reporting based on line-items instead of pre-aggregated totals?
- A. No
- B. Yes
Answer: B
NEW QUESTION 34
What can analyze existing master data in the various source systems and - based on rules that can be configured - can come up with proposals for which master data in the source system should be mapped to which master data in the Central Finance system?
- A. Consumption posting indicator: E Special stock: Blank
- B. Using Master Data Governance, Consolidation
- C. Consumption posting indicator: Blank Special stock: E
- D. Account assignment category: E Special stock: E
Answer: C
NEW QUESTION 35
Which transactions can you use to drill back to the source document? Note: There are 2correct answers to this question.
- A. CO document display (KSB5)
- B. Change document display (FSCD)
- C. Fl document display (FB03)
- D. SLT monitor (LTRC)
Answer: C,D
NEW QUESTION 36
Which of the following is used to make hierarchies available to reporting tools?
- A. SQLScript
- B. CE Functions
- C. MDX
- D. SQL
Answer: C
Explanation:
Explanation/Reference:
NEW QUESTION 37
What is the leading table for FI/CO document replication from SAP source systems?
- A. Central Finance transfer table (CFIN_ACCHD)
- B. Controlling document header table (COBK)
- C. Documents header table (/1LT/CF_E_HEADER)
- D. Accounting document header table (BKPF)
Answer: A
NEW QUESTION 38
Which of the following are architecture components of the project replication scenario for Centra Finance?
Note: There are 3 correct answers to this question.
- A. SAP Process Integration (PT) Web service
- B. ALE/IDOC outbound and inbound
- C. SAP Landscape Transformation (SLT) real time replication
- D. SAP Master Data Governance (MDG) business mapping
- E. Application Interface Framework (AIP) error management
Answer: B,D,E
NEW QUESTION 39
What are the implications when you activate Central Payment? Meta: There are 2 correct answers to this question.
- A. There are restrictions in tax reporting
- B. Credit Management mustbe activated
- C. Central Payment is NOT possible for third party systems
- D. Tax reports must be executed in the Central Finance system.
Answer: C,D
NEW QUESTION 40
What is the used to determine the segment field in Central Finance?
- A. The profit center master data settings of the source system
- B. The standard derivation logic of the target system
- C. The SAP Master Data Governance mapping
- D. The substitution logic of the source system
Answer: C
NEW QUESTION 41
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