C-S4FCF-2023 by SAP Valid Free Exam Practice Test

Question 1

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. Migration clearing accounts are maintained for reconciliation accounts. C. The source system controls the period and fiscal year for balance extraction and document extraction D. Initial load can be executed only for specific company codes.

Correct Answer: C

Question 2

Which of the following are benefits of using Dispute Management with Central Finance? Note: There are 2 correct answe rs to this questio n.

A. It enables cross-department dispute resolution. B. It calculates credit limits. C. It assigns risk categories. D. It organizes all information and documents related to a dispute case page.

Correct Answer: A,D

Question 3

Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answe rs to this questio n.

A. EC-PCA documents have to be replicated through ALE. B. Error resolution for EC-PCA is carried out using the SAP Application Interface Framework. C. Central Finance mapping logic is applicable to EC-PCA document replication. D. EC-PCA document replication does NOT cover postings done by transaction 1KEL.

Correct Answer: B,C

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Question 4

SAP Master Data Governance is installed in a Central Finance landscape. What are the main features? Note: There are 3 correct answe rs to this questio n.

A. It only provides consolidation for business partners, customers, and vendors. B. It is used to maintain and perform business mapping. C. It can be deployed as a master data hub. D. It governs value mapping for SAP ERP source systems to Central Finance. E. It provides central creation, change, and distribution of master data.

Correct Answer: C,D,E

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Question 5

Which of the following are architecture components of the Project Replication scenario for Central Finance? Note: There are 3 correct answe rs to this questio n.

A. (ALE/Doc outbound and inbound B. SAP Process Integration (PI) Web service C. SAP Master Data Governance D. SAP Application Interface Framework E. SAP System Landscape Transformation (SLT)

Correct Answer: A,C,D

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Question 6

What are some considerations for SAP System Landscape Transformation (SLT) deployment on an existing source system? Note: There are 2 correct answe rs to this questio n.

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

Correct Answer: B,C

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Question 7

What are the implications when you activate Central Payment functionality? Note: There are 2 correct answe rs to this questio n.

A. Invoices posted in the source system are technically cleared. B. Credit limits must be maintained at the business partner level in the source system. C. Central Payment is not possible for third-party systems. D. The central system becomes the book of record.

Correct Answer: A,C

Question 8

Where do you perform the variance calculation in a Central Finance scenario?

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

Correct Answer: C

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Question 9

Which transactions can you use to drill back to the source document? Note: There are 2 correct answe rs to this questio n.

A. SLT monitor (LTRC) B. FI document display (FB03) C. CO document display (KSB5) D. Change document display (FSCD)

Correct Answer: B,C

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance - C-S4FCF-2023 Exam Practice Test