C_S4FCF_2021 Actual Questions Answers Pass With Real C_S4FCF_2021 Exam Dumps
C_S4FCF_2021 Dumps Prepare Your Exam With 82 Questions
Becoming certified in Central Finance in SAP S/4HANA through the SAP C_S4FCF_2021 exam can provide professionals with a competitive advantage in the job market. Certification demonstrates an individual's expertise in the central finance deployment option in SAP S/4HANA, which is a critical skill in many organizations. Additionally, certification can lead to increased job opportunities and higher salaries.
Upon passing the SAP C-S4FCF-2021 exam, candidates will receive the SAP Certified Application Associate – Central Finance in SAP S/4HANA (SAP S/4HANA 2021) certification. This certification is recognized globally as a mark of excellence in the field of financial accounting and management. It is also a valuable asset for professionals who want to advance their careers in the financial industry.
NEW QUESTION # 17
You want to set up the Central Finance system. Note: There are 3 correct answers to this question.
- A. Configure decimal places for currencies.
- B. Configure ISO codes for currencies.
- C. Set up the RFC destination for the source system.
- D. Assign the logical system for the central finance system.
- E. Assign the RFC destination in the source system.
Answer: C,D,E
NEW QUESTION # 18
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 Intercompany reconciliation.
- B. Reconcile using the FI Balance Reconciliation report.
- C. Reconcile using the financial statement.
- D. Reconcile individually using the line item drill-down.
- E. Reconcile using the RACCT_SENDER field in the ACDOCA table.
Answer: B,D,E
NEW QUESTION # 19
Which objects are part of Key Mapping? Note: There are 3 correct answers to this question.
- A. Company code
- B. Tax code
- C. WBS element
- D. Customer
- E. Cost center
Answer: C,D,E
NEW QUESTION # 20
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. SAP Master Data Governance system
- C. SAP Landscape Transformation (SLT)
- D. Target system
Answer: B,D
NEW QUESTION # 21
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 finds the corresponding entries in the ACDOCA table of Central Finance system.
- B. It reads the FI documents in the source system and finds all line items.
- C. It combines the total number of journal entries with errors.
- D. It calculates the total number of financial accounting documents posted in the source system.
Answer: A,C
NEW QUESTION # 22
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. Stop the data extraction in the target system.
- B. Run the RCFIN_DEL_MIG report in the source system.
- C. Delete or cancel all AIF messages with status errors.
- D. Delete all entries in the CFIN_SOURCE_SET table in the source system.
- E. Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.
Answer: B,C,E
NEW QUESTION # 23
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. Accounting document header table (BKPF)
- B. Order master data table (AUFK)
- C. Central Finance transfer table (CFIN_ACCIT)
- D. Sales document header data (VBAK)
- E. Central Finance transfer table (CFIN_ACCHD)
Answer: B,C,E
NEW QUESTION # 24
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. Activity rates
- B. WBS elements
- C. Cost objects
- D. Master data elements
- E. Material cost estimates
Answer: B,C,E
NEW QUESTION # 25
Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.
- A. Create G/L account
- B. Create settlement rules
- C. Create EC-PCA postings
- D. Create down payments
- E. Release project definition
Answer: B,C,D
NEW QUESTION # 26
What must you consider for integration of non-SAP source systems with Central Finance? Note: There are 3 correct answers to this question.
- A. Application Interface Framework (AIF) is used for monitoring.
- B. There is no preconfigured content to extract data from non-SAP systems.
- C. Real-time replication is not supported for non-SAP source systems.
- D. The data is transferred from the non-SAP system to the SLT staging tables.
- E. SLT staging tables are the same as for SAP source systems.
Answer: A,B,D
NEW QUESTION # 27
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. The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.
- D. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).
- E. 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.
Answer: A,B,D
NEW QUESTION # 28
Which reports can you use to compare details from the source system with the Central Finance system? Note:
There are 3 correct answers to this question.
- A. Actual P&L report
- B. Document comparison report
- C. Balance comparison report
- D. Document count report
- E. Journal entry analyzer report
Answer: B,C,D
NEW QUESTION # 29
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.
- A. Error Resolution for EC-PCA is carried out using Application Interface Framework.
- B. Central Finance Mapping logic is applicable to EC-PCA document replication.
- C. EC-PCA document replication does not cover postings done by transaction 1KEL.
- D. EC-PCA documents are replicated to the leading ledger 0L.
Answer: A,B
NEW QUESTION # 30
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. Add
- C. Reconcile
- D. Exclude
Answer: A,B
NEW QUESTION # 31
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.
- A. Logical system
- B. Controlling area
- C. Company codes
- D. Profit center
Answer: A,C
NEW QUESTION # 32
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 eliminate long-running batch jobs for loading the data into Central Finance.
- C. You can assign documents based on predefined and customized rules.
- D. You can manage intercompany reconciliation using alerts and analytics.
Answer: A,B
NEW QUESTION # 33
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. Service Order
- B. QM Order
- C. Cost Center
- D. Product Cost Collector
Answer: B,D
NEW QUESTION # 34
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. WBS elements
- B. CO documents
- C. Cost objects
- D. Cost centers
Answer: B,C
NEW QUESTION # 35
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. Mapping and Transformation engine
- B. Database trigger
- C. Reading engine
- D. Logging table
Answer: A,B
NEW QUESTION # 36
What is a consideration for handling decimal places in the Central Finance system?
- A. For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system.
- B. All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system.
- C. Differences in decimal places for currencies in source and Central Finance systems have no impact on documents posting in the Central Finance system.
- D. If the currency in Central Finance has fewer decimal places than the sender system, rounding is required.
Answer: A
NEW QUESTION # 37
You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? Note: There are 2 correct answers to this question.
- A. Replication of open items must be used.
- B. Source systems and Central Finance must use business partners.
- C. Payment terms must be replicated.
- D. Central payments must be activated.
Answer: A,C
NEW QUESTION # 38
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. Application Interface Framework (AIF)
- B. SAP Landscape Transformation (SLT)
- C. ALE/IDoc outbound and inbound
- D. SAP Process Integration (PI) Web service
- E. SAP Master Data Governance (MDG)
Answer: A,C,E
NEW QUESTION # 39
......
The exam is intended for application associates who have a sound understanding of the Central Finance scenario, including the configuration of the system, financial operations, and system architecture. Candidates with a solid understanding of SAP S/4HANA, as well as experience with Central Finance, are likely to excel on this exam.
New C_S4FCF_2021 Dumps - Real SAP Exam Questions: https://www.braindumpspass.com/SAP/C_S4FCF_2021-practice-exam-dumps.html
Dependable C_S4FCF_2021 Exam Dumps to Become SAP Certified: https://drive.google.com/open?id=1-SFQwGagEpSxPlsWx8bVik5_xbsnrLLP
