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Free and Premium SAP C_S4FCF_2021 Dumps Questions Answers

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

Question 1

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

Options:

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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Question 2

What are the additional replication capabilities of SLT for Central Finance? Note: There are 2 correct answers to this question.

Options:

A.

Scheduled data replication

B.

Delta capturing

C.

Ad-hoc data replication

D.

Parallel data replication

Question 3

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 4

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

Options:

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

Question 5

Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.

Options:

A.

Release project definition

B.

Create settlement rules

C.

Create down payments

D.

Create G/L account

E.

Create EC-PCA postings

Question 6

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 7

What is the purpose of a change request in SAP Master Data Governance? Note: There are 2 correct answers to this question.

Options:

A.

It acts as a container for new and changed master data.

B.

It transports changed customizing settings.

C.

It replicates master data to maintenance systems.

D.

It defines and controls the process flow according to the defined change request type.

Question 8

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 9

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.

Question 10

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 11

Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.

Options:

A.

Material data: general data and units of measure

B.

Bank data: banks, house banks, and bank accounts

C.

Financials data: general ledger accounts, profit centers, and cost centers

D.

Logistics data: sales orders, plants, and organization units such as sales and purchase organization

Question 12

Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

Options:

A.

Messages can be assigned to SAP transaction codes

B.

Data correction is possible for all fields

C.

Role-based overview for business users

D.

Message severity can be changed

E.

Field labels can be shown with customized text