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C_S4FCF_2021 SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Questions and Answers

Questions 4

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

Options:

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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Questions 5

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

Options:

A.

The data is transferred from the non-SAP system to the SLT staging tables.

B.

Real-time replication is not supported for non-SAP source systems.

C.

There is no preconfigured content to extract data from non-SAP systems.

D.

Application Interface Framework (AIF) is used for monitoring.

E.

SLT staging tables are the same as for SAP source systems.

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Questions 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).

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Questions 7

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.

Options:

A.

Material cost estimates

B.

WBS elements

C.

Cost objects

D.

Activity rates

E.

Master data elements

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Questions 8

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.

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Questions 9

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

Options:

A.

Material

B.

Logistics

C.

Finance

D.

Manufacturing

E.

Business Partner, Supplier, and Customer

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Questions 10

You need to harmonize data with the business mapping capability of SAP Master Data Governance. Which mapping capabilities do you have? Note: There are 2 correct answers to this question.

Options:

A.

Map IDs/master data within the same object type.

B.

Map codes/customizing within the same object type.

C.

Map codes/customizing between different object types.

D.

Map IDs/master data between different object types.

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Questions 11

You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?

Options:

A.

Non-operating expense or income accounts

B.

Asset reconciliation accounts

C.

Open item managed accounts

D.

Tax accounts

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Questions 12

You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping?

Options:

A.

Source system

B.

SAP Landscape Transformation (SLT)

C.

Central Finance system

D.

SAP Master Data Governance system

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Exam Code: C_S4FCF_2021
Exam Name: SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)
Last Update: Mar 28, 2024
Questions: 80

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