SAP C_S4FCF_2021 Exam - Free questions
Central Finance in SAP S/4HANA (SAP S/4HANA 2021)
C_S4FCF_2021 Free Questions:
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Question No. 1) Which of the following processes are applicable during activity rate replication? (2 correct)
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 No. 2) Which mapping type automatically creates the necessary master data in Central Finance?
A) Cost object mapping
B) Value mapping
C) Complex mapping
D) Key mapping
Question No. 3) Which actions can trigger replication from the source system to the Central Finance system? (3 correct)
A) Release project definition
B) Create settlement rules
C) Create down payments
D) Create G/L account
E) Create EC-PCA postings
Question No. 4) What are the additional replication capabilities of SLT for Central Finance? (3 correct)
A) Scheduled data replication
B) Delta capturing
C) Ad-hoc data replication
D) Parallel data replication
Question No. 5) SAP Master Data Governance is installed in a Central Finance landscape. What are the main features? (3 correct)
A) It is used to maintain and perform business mapping.
B) It only provides consolidation for business partners, customers, and vendors.
C) It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.
D) It provides central creation, change, and distribution of master data.
E) It can be deployed in the Central Finance system or as a master data hub.
Question No. 6) 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
Question No. 7) 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? (3 correct)
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.
Question No. 8) A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations? (3 correct)
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 No. 9) Which of the following are benefits of Dispute Management with Central Finance? (2 correct)
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 No. 10) You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? (2 correct)
A) Payment terms must be replicated.
B) Replication of open items must be used.
C) Central payments must be activated.
D) Source systems and Central Finance must use business partners.
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