[Q36-Q58] Free C-S4FCF-2023 Questions for SAP C-S4FCF-2023 Exam [Nov-2024]

Free C-S4FCF-2023 Questions for SAP C-S4FCF-2023 Exam [Nov-2024]

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SAP C-S4FCF-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	SAP Master Data Governance: This section of the exam covers the central governance aspects of MDG, techniques for mass processing, fundamental concepts, the process of activating default procedures, and defining the data model structure.
Topic 2	Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.
Topic 3	Real-time Replication in Central Finance: In this domain, the focus is given to necessary prerequisites for implementing real-time replication, initiation of the replication process, methods for error correction, the functionality of document flow, and the capability to drill back from the target system to the source system.
Topic 4	Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.
Topic 5	System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.
Topic 6	Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.
Topic 7	System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
Topic 8	Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.
Topic 9	Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.

 

NEW QUESTION # 36
Which functions are available in Central Finance to validate the system setup before initial load? Note:
There are 3 correct answers to this question.

• A. Simulation of postings for AVL
• B. Simulation of postings for FI/CO documents
• C. Simulation of mapping for WBS
• D. Smoke test functionality for CO secondary postings
• E. Smoke test functionality for cost objects (AUFK)

Answer: B,D,E

NEW QUESTION # 37
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. Assign authorizations for an RFC user.
• C. Carry forward balances.
• D. Maintain the initial load scope.
• E. Configure decimal places for currencies.

Answer: B,D,E

NEW QUESTION # 38
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. If SAP Master Data Governance is a standalone system the source ERP system must query master data key mapping from the Central Finance system.
• B. SAP Master Data Governance as a master data hub has complete processes (governance consolidation).
• C. Master data is distributed via SAP Master Data Governance to source target systems.
• D. The Central Finance system must query key value mapping information from the SAP Master Data Governance system.
• E. SAP Master Data Governance is not mandatory for the Central Finance landscape.

Answer: B,C,E

NEW QUESTION # 39
Which activities must you complete before you can activate real-time replication? Note: There are 2 correct answers to this question.

• A. Correct all errors associated with the initial load.
• B. Configure the SAP Application Interface Framework.
• C. Delete the extract of the initial load data.
• D. Configure the VCFIN_SOURCE_SET view in the corresponding source systems.

Answer: B,D

NEW QUESTION # 40
You need to set up a central Credit Management landscape in Central Finance. Which distribution settings does SAP recommend to determine the credit limit? Note: There are 2 correct answers to this question.

• A. Credit Manager Portal
• B. Web services
• C. Process Integration (PI)
• D. WebDynpro

Answer: B,C

NEW QUESTION # 41
Which of the following activities are required to start the initial load of FI/CO postings for the selected company codes from the SAP ECC source system? Note: There are 2 correct answers to this question.

• A. Configure the VCFIN_SOURCE_SET table in the target system.
• B. Configure the Substitution Migration Clearing accounts.
• C. Perform month-end closing in the source system.
• D. Define the initial load group.

Answer: B,D

NEW QUESTION # 42
Which of the following functions are valid for initial load extraction of FI/CO postings?

• A. The source system controls the period and fiscal year for balance extraction and document extraction.
• B. The target system controls the open items to be extracted from the source system.
• C. Migration clearing accounts are maintained for reconciliation accounts.
• D. Initial load can be executed only for specific company codes.

Answer: A

NEW QUESTION # 43
You have a business requirement to change a specific document type in the target system. Which mapping action would you use?

• A. Map if possible
• B. Clear data
• C. Mapping authorized
• D. Keep data

Answer: A

NEW QUESTION # 44
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 before order settlement
• C. In the target system before order settlement
• D. In the source system after order settlement

Answer: B

NEW QUESTION # 45
What is used to determine the Segment field in Central Finance?

• A. The SAP Master Data Governance mapping
• B. The profit center master data settings of the source system
• C. The substitution logic of the source system
• D. The standard derivation logic of the target system

Answer: D

NEW QUESTION # 46
Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are
2 correct answers to this question.

• A. Dispute case for the clarification of payment differences
• B. Promise to pay agreements created from a collection worklist
• C. Request-based down payment in the amount of the difference
• D. Alerts of intercompany reconciliation for automatic clearing of remaining receivables

Answer: B,C

NEW QUESTION # 47
How can you map internal orders from a source system to a Central Finance system? Note: There are 2 correct answers to this question.

• A. One-to-one relationship
• B. Many-to-many relationship
• C. Many-to-one relationship
• D. One-to-many relationship

Answer: A,C

NEW QUESTION # 48
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. The Central Finance system must query key and value mapping information from the SAP Master Data Governance system.
• B. Master data is distributed via SAP Master Data Governance to source and target systems.
• C. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).
• D. SAP Master Data Governance is not mandatory for the Central Finance landscape.
• 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: B,C,D

NEW QUESTION # 49
Which actions are performed by a functional FI/CO key user in a Central Finance project? Note: There are 3 correct answers to this question.

• A. Design IT landscape strategy
• B. Design blueprints
• C. Participate in training
• D. User acceptance testing
• E. Create incidents

Answer: C,D,E

NEW QUESTION # 50
When do you activate the replication of WBS elements for Central Finance?

• A. After the mapping and replication of cost centers
• B. After the initial load of FI documents
• C. After replication is activated in SAP Landscape Transformation (SLT)
• D. After the configuration of inbound and outbound ALE

Answer: D

NEW QUESTION # 51
What type of checks does the Master Data Governance (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. Availability of duplicates
• D. Validation of mapping action

Answer: A,C

NEW QUESTION # 52
A customer is preparing the Central Finance landscape.
What are some considerations for SAP System Landscape Transformation (SLT) deployment on an existing source system? Note: There are 2 correct answers to this question.

• A. Other source systems that are connected to SLT have no impact on the performance stability of the source system with deployed SLT.
• B. Upgrades updates of the source system with deployed SLT impact the replication of other source systems.
• C. SLT deployed in the source system has direct access to any data in the Central Finance system.
• D. SLT has direct access to any data in the source system.

Answer: C,D

NEW QUESTION # 53
You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping?

• A. Source system
• B. SAP Master Data Governance system
• C. Central Finance system
• D. SAP Landscape Transformation (SLT)

Answer: C

NEW QUESTION # 54
You want to set up the Central Finance system.
What technical configuration activities do you need to perform? Note: There are 3 correct answers to this question.

• A. Set up the RFC destination for the source system.
• B. Configure ISO codes for currencies.
• C. Assign the logical system for the central finance system.
• D. Assign the RFC destination in the source system.
• E. Configure decimal places for currencies.

Answer: A,C,E

NEW QUESTION # 55
Which field can be appended to the package key used in the initial load of balances?

• A. Cost Center
• B. Functional Area
• C. Profit Center
• D. Segment

Answer: C

NEW QUESTION # 56
Which of the following processes are applicable during activity rate replication? Note: There are 2 correct answers to this question.

• A. Activity rate replication occurs through cost object mapping framework interface.
• B. Configuration of a transfer rule is not needed for replication.
• C. Activity rate replication can be run from the source system to CFIN.
• D. Activity rate replication can be run from CFIN to the source system.

Answer: C,D

NEW QUESTION # 57
Which of the following is a feature of asynchronous communication?

• A. This form of communication uses a single function call.
• B. It can be implemented in function calls that require an immediate return of data to the sender system.
• C. SAP S/4HANA must be active on the sending systems the receiving systems.
• D. The receiving system does not have to be available when a function call is dispatched.

Answer: C

NEW QUESTION # 58
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