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SAP C_S4FCF_2023 SAP Certified Associate – SAP S/4HANA Cloud Private Edition, Central Finance Online Training

Question #1

Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

  • A . RFC
  • B . SOAP
  • C . OData
  • D . iDoc

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Correct Answer: C
Question #2

Which of the following SAP System Landscape Transformation (SLT) staging tables should be populated to connect third-party legacy systems to the Cen Finance system? Note: There are 3 correct answers to this question.

  • A . Header table
  • B . Product tax items table
  • C . Cost object items table
  • D . Customer line items table
  • E . Debit and credit items table

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Correct Answer: C, D, E
Question #3

Which of the following tasks can you perform using the SAP Application Interface Framework? Note: There are 3 correct answers to this question.

  • A . Correct data directly without special authorization
  • B . View a message summary based on the interface
  • C . Change the name of a field
  • D . Change the color of a message status
  • E . Navigate from an error message to the associated SAP transaction code

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Correct Answer: C D E
Question #4

Which of the following are benefits of using Dispute Management with Central Finance? Note: There are 2 correct answers to this question.

  • A . It enables cross-department dispute resolution.
  • B . It calculates credit limits.
  • C . It organizes all information and documents related to a dispute case page.
  • D . It assigns risk categories.

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Correct Answer: A, C
Question #5

Which master data is supported with SAP Master Data Governance, Financials (MDG-F)? Note: There are 2 correct answers to this question.

  • A . Financial planning data
  • B . Profit center hierarchies
  • C . Fixed asset master
  • D . General ledger accounts

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Correct Answer: A, B
Question #6

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 . There is better replication performance because there is no network connection required to the Central Finance system.
  • 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 and stability of the source system with deployed SLT.
  • D . SLT has direct access to any data in the source system.
  • E . Upgrades and updates of the source system with deployed SLT impact the replication of other source systems.

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Correct Answer: A, B, D
Question #7

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 . Web Dynpro

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Correct Answer: A, C
Question #8

What activities are typically performed by operational teams on a daily basis between the source system and the Central Finance system? Note: There are 3 correct answers to this question.

  • A . Check AIF monitor
  • B . Payment methods
  • C . Authorization updates
  • D . Exchange rates
  • E . Internal order mapping

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Correct Answer: A, C, D
Question #9

Which transactions can you use to drill back to the source document? Note: There are 2 correct answers to this question.

  • A . CO document display (KSB5)
  • B . SLT monitor (LTRC)
  • C . Change document display (FSCD)
  • D . FI document display (FB03)

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Correct Answer: A, D
Question #10

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 Landscape Transformation (SLT)
  • B . ALE/IDoc outbound and inbound
  • C . SAP Process Integration (PI) Web service
  • D . SAP Master Data Governance (MDG)
  • E . Application Interface Framework (AIF)

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Correct Answer: B, D, E

Question #11

Which objects are part of Key Mapping? Note: There are 3 correct answers to this question.

  • A . Cost center
  • B . WBS element
  • C . Company code
  • D . Customer
  • E . Tax code

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Correct Answer: A, D, E
Question #12

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

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Correct Answer: A, C
Question #13

Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.

  • A . Release project definition
  • B . Create settlement rules
  • C . Create down payments
  • D . Create G/L account
  • E . Create EC-PCA postings

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Correct Answer: B, C, E
Question #14

When do you activate the replication of WBS elements for Central Finance?

  • A . After the mapping and replication of cost centers
  • B . After replication is activated in SAP System Landscape Transformation (SLT)
  • C . After the initial load of Fl documents
  • D . After the configuration of inbound and outbound ALE

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Correct Answer: A
Question #15

For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?

  • A . Cost objects
  • B . CO internal documents
  • C . FI/CO documents
  • D . EC-PCA documents

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Correct Answer: D
Question #16

What is the purpose of a change request in SAP Master Data Governance? Note: There are 2 correct answers to this question.

  • A . It acts as a container for new and changed master data.
  • B . It transports changed customizing settings.
  • C . It replicates master data to maintenance systems.
  • D . It defines and controls the process flow according to the defined change request type.

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Correct Answer: A, D
Question #17

What actions can you run in the Application Interface Framework (AIF) of the Central Finance system to support business users? Note: There are 2 correct answers to this question.

  • A . Activate multiple error tracking
  • B . Link SAP transactions to a message
  • C . Activate emergency error correction in the source system
  • D . Change error message text

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Correct Answer: B, D
Question #18

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

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

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Correct Answer: A, B, D
Question #19

What are some of the advantages of using intercompany reconciliations in Central Finance? Note: There are 2 correct answers to this question.

  • A . You can manage intercompany reconciliations later in the closing process.
  • B . You can assign documents based on predefined and customized rules.
  • C . You can manage intercompany reconciliation using alerts and analytics.
  • D . You can eliminate long-running batch jobs for loading the data into Central Finance.

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Correct Answer: A, D
Question #20

Which delta data categories are replicated in real time from SLT to the Central Finance system? Note: There are 2 correct answers to this question.

  • A . Add
  • B . Delete
  • C . Exclude
  • D . Reconcile

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Correct Answer: A B

Question #21

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 . Logistics information is replicated (example: sales order).
  • B . All information from the logistics document is transferred.
  • C . Replication is executed via SLT.
  • D . Business mapping is supported for AVL replication.
  • E . AVL information is available for real-time replication only.

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Correct Answer: ACD
Question #22

You are performing a CO initial load. For which objects can you use simul-ation functionality? Note: There are 2 correct answers to this question.

  • A . CO documents
  • B . Cost objects
  • C . Cost centers
  • D . WBS elements

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Correct Answer: A, B
Question #23

Which types of filters can be applied for SAP Landscape Transformation? Note: There are 3 correct answers to this question.

  • A . Database trigger filter
  • B . Event-based filter
  • C . Role-based filter
  • D . Interface filter
  • E . Transfer filter

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Correct Answer: A, B, D
Question #24

Which activities must you complete before you can activate real-time replication? Note: There are 2 correct answers to this question.

  • A . Configure the Application Interface Framework.
  • B . Correct all errors associated with the initial load.
  • C . Configure the VCFIN_SOURCE_SET view in the corresponding source systems.
  • D . Delete the extract of the initial load data.

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Correct Answer: A, C
Question #25

How can you map internal orders from a source system to a Central Finance system? Note: There are 2 correct answers to this question.

  • A . Many-to-one relationship
  • B . Many-to-many relationship
  • C . One-to-many relationship
  • D . One-to-one relationship

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Correct Answer: A, D
Question #26

Which of the following are domains in SAP Master Data Governance? Note: There are 3 correct answers to this question.

  • A . Material
  • B . Logistics
  • C . Finance
  • D . Manufacturing
  • E . Business Partner, Supplier, and Customer

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Correct Answer: A, C, E
Question #27

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 framework
  • C . Logging table
  • D . Database trigger

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Correct Answer: C, D
Question #28

What does the classic Profit Center Accounting (EC-PCA) simul-ation tool do? Note: There are 2 correct answers to this question.

  • A . Creates mapping entries
  • B . Carries out data mapping checks
  • C . Checks posting logic
  • D . Posts actual data in the target system

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Correct Answer: B, C
Question #29

You want to maintain the master data of a cost object that has already been replicated to the Central Finance system. In which system is this performed?

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

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Correct Answer: B, C
Question #30

Which of the following actions are performed by the Level 1 – FI Documents Count report? Note: There are 2 correct answers to this question.

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

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Correct Answer: A, B
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