C_S4FCF_2023 Cert Exam|Easy to Pass The SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance

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SAP C_S4FCF_2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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.
Topic 2
  • Initial Load in Central Finance: This section of the exam covers the process of configuring filters for the initial load of Cost Objects, addressing and resolving errors that may arise, executing financial and controlling postings, managing internal CO postings, and conducting reconciliation within the Central Finance system.
Topic 3
  • 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 4
  • System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
Topic 5
  • 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 6
  • 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 7
  • 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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q17-Q22):

NEW QUESTION # 17
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.

  • A. Assign authorizations for an RFC user.
  • B. Carry forward balances.
  • C. Configure decimal places for currencies.
  • D. Maintain the initial load scope.
  • E. Activate central finance business function.

Answer: A,B,D


NEW QUESTION # 18
Which of the following functions are valid for initial load extraction of FI/CO postings?

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

Answer: B


NEW QUESTION # 19
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 # 20
When do you activate the replication of WBS elements for Central Finance?

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

Answer: B


NEW QUESTION # 21
When do you activate the replication of WBS elements for Central Finance?

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

Answer: D


NEW QUESTION # 22
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