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C-S4FCF-2021 Exam Certification Details:
| Cut Score: | 64% |
| Exam: | 80 questions |
| Languages: | German, English |
| Level: | Associate |
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.
NEW QUESTION 45
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. Central Finance instance
- B. SAP GUI transaction
- C. WebDynpro application
- D. Cost Object mapping
Answer: B
NEW QUESTION 46
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.
- A. Profit center
- B. Company codes
- C. Controlling area
- D. Logical system
Answer: B,D
NEW QUESTION 47
Which master data is supported with SAP Master Data Governance, Financials (MDG-F)? Note:
There are 2 correct answers to this question.
- A. General ledger accounts
- B. Profit center hierarchies
- C. Financial planning data
- D. Fixed asset master
Answer: B,C
NEW QUESTION 48
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; "CLNT"; company code
- C. System ID; company code; client number
- D. "CLNT"; client number; system ID
Answer: A
NEW QUESTION 49
What are the advantages of SLT deployment on a separate instance? Note: There are 3 correct answers to this question.
- A. No RFC connection is required to source and Central Finance systems.
- B. SLT has direct access to source and Central Finance systems.
- C. There is no impact from update of source and Central Finance systems.
- D. Other systems can be connected without impact on source and Central Finance systems.
- E. Other integration scenarios besides Central Finance are possible.
Answer: B,C,D
NEW QUESTION 50
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. Cost objects
- D. WBS elements
- E. Master data elements
Answer: C,D,E
NEW QUESTION 51
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 52
What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are
2 correct answers to this question.
- A. Mapping completeness
- B. Validation of mapping action
- C. Existence of 1:n mappings
- D. Availability of duplicates
Answer: A,C
NEW QUESTION 53
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. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).
- B. SAP Master Data Governance is not mandatory for the Central Finance landscape.
- C. The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.
- D. 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.
- E. Master data is distributed via SAP Master Data Governance to source and target systems.
Answer: A,B,E
NEW QUESTION 54
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. Web services
- C. Credit Manager Portal
- D. WebDynpro
Answer: A,B
NEW QUESTION 55
With central budgeting for internal orders, where is the availability check executed?
- A. In the System Landscape Transformation (SLT)
- B. In the target system only
- C. In both the target and the source system
- D. In the source system only
Answer: B
NEW QUESTION 56
What are the additional replication capabilities of SLT for Central Finance? Note: There are 2 correct answers to this question.
- A. Parallel data replication
- B. Ad-hoc data replication
- C. Scheduled data replication
- D. Delta capturing
Answer: B,C,D
NEW QUESTION 57
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 provides central creation, change, and distribution of master data.
- C. It only provides consolidation for business partners, customers, and vendors.
- 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,B,E
NEW QUESTION 58
Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.
- A. Bank data: banks, house banks, and bank accounts
- B. Logistics data: sales orders, plants, and organization units such as sales and purchase organization
- C. Material data: general data and units of measure
- D. Financials data: general ledger accounts, profit centers, and cost centers
Answer: C,D
NEW QUESTION 59
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.
- A. Documents against ledger
- B. Indexes against ledger
- C. Indexes - transaction figures
- D. Documents against transaction figures
- E. Documents against indexes
Answer: C,D,E
NEW QUESTION 60
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 settlement rules
- B. Create EC-PCA postings
- C. Create G/L account
- D. Release project definition
- E. Create down payments
Answer: A,B,E
NEW QUESTION 61
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. Smoke test functionality for Cost Objects (AUFK)
- B. Smoke test functionality for CO secondary postings
- C. Simulation of mapping for WBS
- D. Simulation of postings for AVL
- E. Simulation of postings for FI/CO documents
Answer: A,B,E
NEW QUESTION 62
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