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C_S4FCF_2021 Online Practice Questions and Answers

Questions 4

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

A. Source system

B. SAP Landscape Transformation (SLT)

C. Central Finance system

D. SAP Master Data Governance system

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Questions 5

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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Questions 6

Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.

A. Profit center

B. Controlling area

C. Logical system

D. Company codes

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Questions 7

Which of the following processes are applicable during activity rate replication? Note: There are 2 correct answers to this question.

A. Activity rate replication occurs through cost object mapping framework interface.

B. Activity rate replication can be run from the source system to CFIN.

C. Activity rate replication can be run from CFIN to the source system.

D. Configuration of a transfer rule is not needed for replication.

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Questions 8

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 AIF messages with status errors.

B. Run the RCFIN_DEL_MIG report in the source system.

C. Stop the data extraction in the target system.

D. Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.

E. Delete all entries in the CFIN_SOURCE_SET table in the source system.

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Questions 9

Which field can be appended to the package key used in the initial load of balances?

A. Segment

B. Cost Center

C. Functional Area

D. Profit Center

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Questions 10

With central budgeting for internal orders, where is the availability check executed?

A. In both the target and the source system

B. In the System Landscape Transformation (SLT)

C. In the target system only

D. In the source system only

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Questions 11

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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Questions 12

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. Material cost estimates

B. WBS elements

C. Cost objects

D. Activity rates

E. Master data elements

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Questions 13

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. 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 14

Which capability supports the continuous reconciliation between the sender and the Central Finance system? Note: There are 3 correct answers to this question.

A. Reconcile using the financial statement.

B. Reconcile using the Intercompany reconciliation.

C. Reconcile using the FI Balance Reconciliation report.

D. Reconcile individually using the line item drill-down.

E. Reconcile using the RACCT_SENDER field in the ACDOCA table.

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Questions 15

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

A. SAP Business One

B. SAP ECC 6.0 on SAP HANA

C. Non-SAP ERP system

D. SAP ECC 4.6

E. SAP Business by Design

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Questions 16

What are the options for mapping cost objects to internal orders with the cost object mapping framework? Note: There are 2 correct answers to this question.

A. Product Cost Collector

B. Service Order

C. QM Order

D. Cost Center

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Questions 17

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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Questions 18

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. Delete

B. Exclude

C. Reconcile

D. Add

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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: Apr 27, 2024
Questions: 80 Q&As

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