DESKTOP BASED C_S4FCF_2023 SAP CERTIFIED ASSOCIATE - SAP S/4HANA CLOUD PRIVATE EDITION - CENTRAL FINANCE PRACTICE TEST SOFTWARE

Desktop Based C_S4FCF_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Practice Test Software

Desktop Based C_S4FCF_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Practice Test Software

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SAP C_S4FCF_2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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 3
  • 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 4
  • 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 5
  • 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 6
  • 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 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
  • 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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q24-Q29):

NEW QUESTION # 24
Where do you perform the variance calculation in a Central Finance scenario?

  • A. In the target system before order settlement
  • B. In the source system before order settlement
  • C. In the target system after order settlement
  • D. In the source system after order settlement

Answer: B


NEW QUESTION # 25
Which of the following functions are valid for initial load extraction of FI/CO postings?

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

Answer: B


NEW QUESTION # 26
Which tool must you use to view FI/CO initial load errors?

  • A. SAP Application Interface Framework
  • B. Migration cockpit
  • C. Central Finance application log
  • D. SAP LT Replication Server cockpit

Answer: A

Explanation:
Detailed Explanation: The SAP Application Interface Framework (AIF) is used to handle and view errors related to the FI/CO initial load in Central Finance. It provides a detailed interface for monitoring and resolving issues that arise during data replication and initial load processes.


NEW QUESTION # 27
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.

  • A. Controlling area
  • B. Logical system
  • C. Profit center
  • D. Company codes

Answer: B,D


NEW QUESTION # 28
Which of the following SAP 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. Cost object items table
  • B. Header table
  • C. Customer line items table
  • D. Debit credit items table
  • E. Product tax items table

Answer: B,C,E

Explanation:
Detailed Explanation: To connect third-party legacy systems to the Central Finance system using SAP SLT, specific staging tables must be populated to ensure proper data replication. These include the Header table (which stores general document information), the Product tax items table (for managing tax-related data), and the Customer line items table, which handles customer financial data during replication.


NEW QUESTION # 29
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