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SAP C_S4FCF_2021 SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Exam Practice Test

Demo: 12 questions
Total 80 questions

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

Question 1

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

Options:

A.

It enables cross-department dispute resolution.

B.

It organizes all information and documents related to a dispute case page.

C.

It calculates credit limits.

D.

It assigns risk categories

Question 2

SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.

Options:

A.

Indexes against ledger

B.

Documents against ledger

C.

Documents against transaction figures

D.

Documents against indexes

E.

Indexes – transaction figures

Question 3

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

Options:

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.

Question 4

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.

Options:

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.

Question 5

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 6

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.

Question 7

Which of the following is a feature of asynchronous communication?

Options:

A.

The receiving system does not have to be available when a function call is dispatched.

B.

This form of communication uses a single function call.

C.

SAP S/4HANA must be active on the sending systems and the receiving systems.

D.

It can be implemented in function calls that require an immediate return of data to the sender system.

Question 8

What is the recommended naming convention when you define a logical system name in Central Finance?

Options:

A.

System ID; "CLNT"; client number

B.

"CLNT"; client number; system ID

C.

System ID; "CLNT"; company code

D.

System ID; company code; client number

Question 9

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.

Options:

A.

Product Cost Collector

B.

Service Order

C.

QM Order

D.

Cost Center

Question 10

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

Options:

A.

Cost center

B.

WBS element

C.

Company code

D.

Customer

E.

Tax code

Question 11

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

Options:

A.

Creates mapping entries

B.

Carries out data mapping checks

C.

Checks posting logic

D.

Posts actual data in the target system

Question 12

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

Options:

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.

Demo: 12 questions
Total 80 questions