Latest SAP C-S4FCF-2023 Exam questions and answers [Q20-Q44]

Latest SAP C-S4FCF-2023 Exam questions and answers

TestBraindump C-S4FCF-2023 Exam Practice Test Questions (Updated 82 Questions)

NEW QUESTION # 20
What are the implications when you activate Central Payment functionality?
Note: There are 2 correct answers to this question.

• A. Central Payment is not possible for third-party systems.
• B. Invoices posted in the source system are technically cleared.
• C. The central system becomes the book of record.
• D. Credit limits must be maintained at the business partner level in the source system.

Answer: A,B

Explanation:
Detailed Explanation: When Central Payment is activated, invoices posted in the source system are technically cleared to prevent duplicate payments. Additionally, Central Payment is limited to SAP systems and cannot be extended to third-party systems.

NEW QUESTION # 21
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 is used to maintain perform business mapping.
• B. It governs value mapping for SAP ERP source systems to Central Finance.
• C. It provides central creation change distribution of master data.
• D. It can be deployed as a master data hub.
• E. It only provides consolidation for business partners customers vendors.

Answer: B,C,D

NEW QUESTION # 22
In which system must you clear replicated FI documents? Note: There are 2 correct answers to this question.

• A. SAP Landscape Transformation system
• B. Central Finance system
• C. Source system
• D. Application Interface Framework system

Answer: B,C

NEW QUESTION # 23
You are explaining the architectural concept of Central Finance to a customer. Which SLT objects are used during replication from both ABAP and non-ABAP systems? Note: There are 2 correct answers to this question.

• A. Reading engine
• B. Mapping and Transformation engine
• C. Logging table
• D. Database trigger

Answer: B,D

NEW QUESTION # 24
What must you consider for integration of non-SAP source systems with Central Finance?
Note: There are 3 correct answers to this question.

• A. Real-time replication is not supported for non-SAP source systems.
• B. There is no preconfigured content to extract data from non-SAP systems.
• C. SLT staging tables are the same as for SAP source systems.
• D. The data is transferred from the non-SAP system to the SLT staging tables.
• E. SAP Application Interface Framework (AIF) is used for monitoring.

Answer: B,D,E

Explanation:
Detailed Explanation: For non-SAP source systems, data must be transferred to SLT staging tables, and there is no preconfigured content to extract data, so custom configurations may be needed. The SAP Application Interface Framework (AIF) is used to monitor the replication process.

NEW QUESTION # 25
What do you assign to the logical system as part of the technical configuration of Central Finance?

• A. Company code
• B. Client ID
• C. System name
• D. RFC destination

Answer: D

Explanation:
Detailed Explanation: As part of the technical configuration of Central Finance, you assign the RFC destination to the logical system. The RFC destination is necessary to establish the communication link between systems for data transfer.

NEW QUESTION # 26
Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.

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

Answer: B,C

NEW QUESTION # 27
Your customer has completed the initial load of FI/CO postings in a test landscape. Before starting the next test cycle, what must you do to reset the initial load?
Note: There are 3 correct answers to this question.

• A. Delete or cancel all SAP Application Interface Framework (AIF) messages with status errors.
• B. Run the RCFIN_DEL_MIG report in the source system.
• C. Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.
• D. Stop the data extraction in the target system.
• E. Delete all entries in the CFIN_SOURCE_SET table in the source system.

Answer: A,B,C

Explanation:
Detailed Explanation: To reset the initial load before starting the next test cycle, you must run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system, delete or cancel SAP AIF messages with status errors, and run the RCFIN_DEL_MIG report in the source system to clean up previous data

NEW QUESTION # 28
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note:
There are 3 correct answers to this question.

• A. Indexes against ledger
• B. Documents against indexes
• C. Indexes - transaction figures
• D. Documents against ledger
• E. Documents against transaction figures

Answer: B,C,E

NEW QUESTION # 29
A customer is preparing the Central Finance landscape. What are some considerations for SAP System Landscape Transformation (SLT) deployment on an existing source system?
Note: There are 2 correct answers to this question.

• A. Upgrades and updates of the source system with deployed SLT impact the replication of other source systems.
• B. SLT deployed in the source system has direct access to any data in the Central Finance system.
• C. Other source systems that are connected to SLT have no impact on the performance stability of the source system with deployed SLT.
• D. SLT has direct access to any data in the source system.

Answer: A,D

Explanation:
Detailed Explanation: When SLT is deployed in the source system, it has direct access to any data in the source system, but upgrades and updates of the source system may impact replication processes for other connected systems.

NEW QUESTION # 30
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. Web services
• B. Credit Manager Portal
• C. Web Dynpro
• D. Process Integration (PI)

Answer: A,D

NEW QUESTION # 31
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. Configure decimal places for currencies.
• C. Activate central finance business function.
• D. Maintain the initial load scope.
• E. Carry forward balances.

Answer: A,D,E

NEW QUESTION # 32
Which source systems require dedicated staging tables on SLT?
Note: There are 3 correct answers to this question.

• A. Non-SAP ERP system
• B. SAP Business One
• C. SAP ECC 6.0 on SAP HANA
• D. SAP ECC 4.6
• E. SAP Business ByDesign

Answer: A,B,E

Explanation:
Detailed Explanation: In the Central Finance architecture of SAP S/4HANA Cloud (Private Edition), SLT (SAP Landscape Transformation Replication Server) plays a crucial role in replicating data from different source systems to the Central Finance system. SLT uses staging tables to temporarily store data before it is transferred to the Central Finance system. Source systems like SAP Business One, Non-SAP ERP systems, and SAP Business ByDesign require these dedicated staging tables because their data structures differ from that of Central Finance. The staging tables help map and transform data formats to ensure successful integration.

NEW QUESTION # 33
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.

• A. Indexes against ledger
• B. Documents against indexes
• C. Indexes - transaction figures
• D. Documents against ledger
• E. Documents against transaction figures

Answer: B,C,E

NEW QUESTION # 34
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. Debit and credit items table
• B. Customer line items table
• C. Product tax items table
• D. Header table
• E. Cost object items table

Answer: B,C,D

NEW QUESTION # 35
Which of the following actions are performed by the Level 3 - FI Documents Comparison Report? Note:
There are 2 correct answers to this question.

• A. It combines the total number of journal entries with errors.
• B. It finds the corresponding entries in the ACDOCA table of the Central Finance system.
• C. It calculates the total number of financial accounting documents posted in the source system.
• D. It reads the FI documents in the source system finds all line items.

Answer: B,D

NEW QUESTION # 36
Where do you perform the variance calculation in a Central Finance scenario?

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

Answer: D

NEW QUESTION # 37
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. Central Finance transfer table (CFIN_ACCHD)
• B. Order master data table (AUFK)
• C. Accounting document header table (BKPF)
• D. Sales document header data (VBAK)
• E. Central Finance transfer table (CFIN_ACCIT)

Answer: A,B,E

Explanation:
Detailed Explanation: During real-time replication, SLT reads data from the Central Finance transfer tables (CFIN_ACCHD and CFIN_ACCIT), which capture accounting document data, and the Order master data table (AUFK) for cost object information.

NEW QUESTION # 38
What are the features of Shared Services Framework with Central Finance? Note: There are 2 correct answers to this question.

• A. It simplifies consolidations.
• B. It is the service management platform for global business service organizations.
• C. It centralizes all service-relevant transactional activities.
• D. It allows a comparative harmonized view for corporate reporting.

Answer: B,C

NEW QUESTION # 39
Which of the following is a feature of asynchronous communication?

• A. This form of communication uses a single function call.
• B. It can be implemented in function calls that require an immediate return of data to the sender system.
• C. SAP S/4HANA must be active on the sending systems the receiving systems.
• D. The receiving system does not have to be available when a function call is dispatched.

Answer: C

NEW QUESTION # 40
SAP recommends running the consistency check report (RFINDEX) with which options selected?
Note: There are 3 correct answers to this question.

• A. Indexes against ledger
• B. Documents against indexes
• C. Indexes - transaction figures
• D. Documents against ledger
• E. Documents against transaction figures

Answer: B,C,E

Explanation:
Detailed Explanation: SAP recommends running the RFINDEX report with the following options selected: Documents against indexes, Indexes - transaction figures, and Documents against transaction figures. This ensures data consistency between the source and target systems during the initial load process.

NEW QUESTION # 41
You are explaining the architectural concept of Central Finance to a customer. Which SAP System Landscape Transformation (SLT) objects are used during replication from both ABAP and non-ABAP systems?
Note: There are 2 correct answers to this question.

• A. Reading engine
• B. Logging table
• C. Mapping framework
• D. Database trigger

Answer: C,D

Explanation:
Detailed Explanation: The Mapping framework and Database trigger are key SLT objects used during replication from both ABAP and non-ABAP systems, ensuring that data is accurately mapped and captured for replication.

NEW QUESTION # 42
What are the prerequisites for price difference splitting in Central Finance? Note: There are 3 correct answers to this questions.

• A. Account-based Profitability Analysis must be active in the source system.
• B. Costing-based Profitability Analysis must be active in the source system.
• C. Accounts for splitting price difference are configured in the source system.
• D. Accounts for splitting price difference are configured in the target system.
• E. Production order settlement is configured in the source system.

Answer: C,D,E

NEW QUESTION # 43
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. Availability of duplicates
• C. Existence of 1:n mappings
• D. Mapping completeness

Answer: B,C

NEW QUESTION # 44
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SAP C-S4FCF-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.
Topic 2	Real-time Replication in Central Finance: In this domain, the focus is given to necessary prerequisites for implementing real-time replication, initiation of the replication process, methods for error correction, the functionality of document flow, and the capability to drill back from the target system to the source system.
Topic 3	System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.
Topic 4	Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.
Topic 5	Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.
Topic 6	System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
Topic 7	Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.

 

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