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C_S4FCF_2021 Certification Sample Questions certification Exam
SAP C_S4FCF_2021 Exam Description:
The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)' certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project's success right away. The certificate issued for passing this exam will be valid for 5 years. This certificate is the ideal starting point for a career as a Central Finance consultant.
NEW QUESTION 17
For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?
- A. EC-PCA documents
- B. FI/CO documents
- C. Cost objects
- D. CO internal documents
Answer: A
NEW QUESTION 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. Exclude
- B. Reconcile
- C. Add
- D. Delete
Answer: C,D
NEW QUESTION 19
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.
- A. Documents against ledger
- B. Documents against indexes
- C. Indexes - transaction figures
- D. Indexes against ledger
- E. Documents against transaction figures
Answer: B,C,E
NEW QUESTION 20
What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are
2 correct answers to this question.
- A. Existence of 1:n mappings
- B. Mapping completeness
- C. Validation of mapping action
- D. Availability of duplicates
Answer: A,B
NEW QUESTION 21
Which objects are part of Key Mapping? Note: There are 3 correct answers to this question.
- A. WBS element
- B. Tax code
- C. Company code
- D. Cost center
- E. Customer
Answer: A,D,E
NEW QUESTION 22
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 settlement rules
- B. Create EC-PCA postings
- C. Create G/L account
- D. Release project definition
- E. Create down payments
Answer: A,B,E
NEW QUESTION 23
What are the implications when you activate Central Payment functionality? Note: There are 2 correct answers to this question.
- A. Credit limits must be maintained at the business partner level in the source system.
- B. Central Payment is not possible for third-party systems.
- C. Invoices posted in the source system are technically cleared.
- D. The central system becomes the book of record.
Answer: B,C
NEW QUESTION 24
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.
- A. Activate central finance business function.
- B. Carry forward balances.
- C. Maintain the initial load scope.
- D. Assign authorizations for an RFC user.
- E. Configure decimal places for currencies.
Answer: B,C,D
NEW QUESTION 25
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. Cost Center
- B. Service Order
- C. Product Cost Collector
- D. QM Order
Answer: C,D
NEW QUESTION 26
The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?
- A. Sales document
- B. Profit center accounting document
- C. Costing-based CO-PA document
- D. Accounting document
Answer: D
NEW QUESTION 27
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 reads the FI documents in the source system and finds all line items.
- B. It calculates the total number of financial accounting documents posted in the source system.
- C. It combines the total number of journal entries with errors.
- D. It finds the corresponding entries in the ACDOCA table of Central Finance system.
Answer: C,D
NEW QUESTION 28
What actions can you run in the Application Interface Framework (AIF) of the Central Finance system to support business users? Note: There are 2 correct answers to this question.
- A. Activate multiple error tracking
- B. Change error message text
- C. Link SAP transactions to a message
- D. Activate emergency error correction in the source system
Answer: B,C
NEW QUESTION 29
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. SAP Master Data Governance is not mandatory for the Central Finance landscape.
- B. The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.
- C. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).
- D. 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.
- E. Master data is distributed via SAP Master Data Governance to source and target systems.
Answer: A,C,E
NEW QUESTION 30
You encounter an error during replication: General Ledger Account Master ID in field 'G/L Account' could not be mapped. Which transactions can you use to check the mapping? Note: There are 3 correct answers to this question.
- A. Search Key Mapping (transaction MDG_ANALYSE_IDM)
- B. Manage Key Mapping (transaction MDG_KM_MAINTAIN)
- C. Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)
- D. Manage G/L Account (transaction FS00)
- E. Define value mapping (code mapping - transaction CFINIMG -> Maintain Value Mapping)
Answer: A,B,C
NEW QUESTION 31
You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?
- A. Tax accounts
- B. Open item managed accounts
- C. Asset reconciliation accounts
- D. Non-operating expense or income accounts
Answer: B
NEW QUESTION 32
Where do you perform the variance calculation in a Central Finance scenario?
- A. In the target system after order settlement
- B. In the source system after order settlement
- C. In the target system before order settlement
- D. In the source system before order settlement
Answer: D
NEW QUESTION 33
Which data must you extract from a non-SAP source system to integrate with Central Finance? Note: There are 3 correct answers to this question.
- A. Document headers
- B. Product tax items
- C. Master data items
- D. Debitor and creditor items
- E. Order items
Answer: A,D,E
NEW QUESTION 34
What are the prerequisites for SAP Landscape Transformation configuration before the initial load? Note:
There are 2 correct answers to this question.
- A. Assign replication objects to the logical system.
- B. Set up RFC destinations.
- C. Create database connections.
- D. Create a technical user.
Answer: B,D
NEW QUESTION 35
SAP Master Data Governance is installed in a Central Finance landscape. What are the main features? Note:
There are 3 correct answers to this question.
- A. It can be deployed in the Central Finance system or as a master data hub.
- B. It provides central creation, change, and distribution of master data.
- C. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.
- D. It only provides consolidation for business partners, customers, and vendors.
- E. It is used to maintain and perform business mapping.
Answer: A,B,C
NEW QUESTION 36
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 37
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