SAP C_S4FCF_2021 Dumps

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Exam Code C_S4FCF_2021
Exam Name SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)
Update Date 14 Dec, 2024
Total Questions 80 Questions Answers With Explanation
$45

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Question # 1

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. Define value mapping (code mapping - transaction CFINIMG -> Maintain Value Mapping)  
B. Search Key Mapping (transaction MDG_ANALYSE_IDM)  
C. Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)  
D. Manage G/L Account (transaction FS00)  
E. Manage Key Mapping (transaction MDG_KM_MAINTAIN)  

Question # 2

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  

Question # 3

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

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 # 4

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. 

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 # 5

The MDG mapping repository contains key mapping for master data, and value mapping for customizing. Which service or application does MDG provide to maintain value mapping one by one? 

A. Cost Object mapping  
B. SAP GUI transaction  
C. Central Finance instance  
D. WebDynpro application  

Question # 6

What can you define in the Choose Logical System configuration step of the initial load settings?  

A. Substitution accounts 
B. Company code  
C. Start year balances  
D. Package size  

Question # 7

Which objects are included in SAP Master Data Governance, Consolidation? Note: There are 2 correct answers to this question. 

A. Plant  
B. Company code  
C. Business partner  
D. Material  

Question # 8

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. Master data items  
C. Order items  
D. Product tax items  
E. Debitor and creditor items

Question # 9

Which tables does SLT read during real-time replication of accounting documents and cost objects from SAP source systems? Note: There are 3 correct answers to this question. 

A. Central Finance transfer table (CFIN_ACCHD)  
B. Accounting document header table (BKPF)  
C. Order master data table (AUFK)  
D. Central Finance transfer table (CFIN_ACCIT)  
E. Sales document header data (VBAK)  

Question # 10

A customer has a non-SAP source system with runtime-database license. Which SLT scenario must be used for Central Finance implementation? 

A. Application-based replication  
B. Non-SAP  
C. Business integration  
D. Data-based replication  

Question # 11

What do you assign to the logical system as part of the technical configuration of Central Finance?  

A. RFC destination  
B. System name  
C. Client ID  
D. Company code  

Question # 12

You prepare the FI/CO initial load. For which type of accounts must you create a substitution account? 

A. Non-operating expense or income accounts  
B. Asset reconciliation accounts  
C. Open item managed accounts  
D. Tax accounts  

Question # 13

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 blueprints  
B. Participate in training  
C. Create incidents  
D. User acceptance testing  
E. Assign security roles and authorizations to end users  

Question # 14

In which system must you clear replicated FI documents? Note: There are 2 correct answers to this question.

A. Central Finance system  
B. Application Interface Framework system  
C. Source system  
D. SAP Landscape Transformation system  

Question # 15

What is a consideration for handling decimal places in the Central Finance system?  

A. If the currency in Central Finance has fewer decimal places than the sender system, rounding is required.
B. Differences in decimal places for currencies in source and Central Finance systems have no impact on documents posting in the Central Finance system. 
C. All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system. 
D. For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system. 

Question # 16

What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are 2 correct answers to this question. 

A. Availability of duplicates  
B. Validation of mapping action  
C. Existence of 1:n mappings  
D. Mapping completeness  

Question # 17

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. The central system becomes the book of record.  
C. Invoices posted in the source system are technically cleared.  
D. Central Payment is not possible for third-party systems.  

Question # 18

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 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 # 19

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 # 20

Which of the following is a feature of asynchronous communication?  

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 SHANA 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.