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SAP C_S4FCF_2021 Dumps

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Total 80 questions
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SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Questions and Answers

Question 1

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

Options:

A.

Many-to-one relationship

B.

Many-to-many relationship

C.

One-to-many relationship

D.

One-to-one relationship

Question 2

The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?

Options:

A.

Sales document

B.

Accounting document

C.

Profit center accounting document

D.

Costing-based CO-PA document

Question 3

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.

Options:

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.

Question 4

What are the features of the SAP Shared Service Framework with Central Finance? Note: There are 2 correct answers to this question.

Options:

A.

It is the service management platform for global business service organizations.

B.

It simplifies consolidations.

C.

It centralizes all service-relevant transactional activities.

D.

It allows a comparative and harmonized view for corporate reporting.

Question 5

You want to set up the Central Finance system. Note: There are 3 correct answers to this question.

Options:

A.

Assign the logical system for the central finance system.

B.

Set up the RFC destination for the source system.

C.

Configure ISO codes for currencies.

D.

Assign the RFC destination in the source system.

E.

Configure decimal places for currencies.

Question 6

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.

Options:

A.

Master data is distributed via SAP Master Data Governance to source and target systems.

B.

SAP Master Data Governance is not mandatory for the Central Finance landscape.

C.

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.

D.

The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.

E.

SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).

Question 7

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.

Options:

A.

Header table

B.

Debit and credit items table

C.

Product tax items table

D.

Cost object items table

E.

Customer line items table

Question 8

Which actions are performed by a Functional FI/CO key user in a Central Finance Project? Note: There are 3 correct answers to this question.

Options:

A.

Design blueprints

B.

Participate in training

C.

Create incidents

D.

User acceptance testing

E.

Assign security roles and authorizations to end users

Question 9

Which mapping type automatically creates the necessary master data in Central Finance?

Options:

A.

Cost object mapping

B.

Value mapping

C.

Complex mapping

D.

Key mapping

Question 10

Which data must you extract from a non-SAP source system to integrate with Central Finance? Note: There are 3 correct answers to this question.

Options:

A.

Document headers

B.

Master data items

C.

Order items

D.

Product tax items

E.

Debitor and creditor items

Question 11

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

Options:

A.

Database trigger filter

B.

Event-based filter

C.

Role-based filter

D.

Interface filter

E.

Transfer filter

Question 12

Which of the following functions are valid for initial load extraction of FI/CO postings?

Options:

A.

Initial load can be executed only for specific company codes.

B.

Migration clearing accounts are maintained for reconciliation accounts.

C.

The target system controls the open items to be extracted from the source system.

D.

The source system controls the period and fiscal year for balance extraction and document extraction.

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