C_S4FCF_2020 Actual Questions Answers PDF 100% Cover Real Exam Questions [Q30-Q54]

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C_S4FCF_2020 Actual Questions Answers PDF 100% Cover Real Exam Questions

C_S4FCF_2020 Exam questions and answers

SAP C_S4FCF_2020 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
Central Finance Setup and Configuration 8% – 12%

Configure the scope for the initial load of FI/CO posting. Define decimal places for currencies.  Differentiate between Key Mapping and Value Mapping.  Define mapping actions for Mapping Entities. Define key mapping and value mappings. Configure Cost Object Mapping scenarios.

Real time Replication in Central Finance > 12%

Describe prerequisites to activate real time replication.  Start real time replication.  Correct errors of real time replication. Explain the document flow functionality of Central Finance.  Perform document drill back from target system to source system.

Run Phase in Central Finance < 8%

Design the SAP S/4 HANA Central Finance project phases.  Determine the SAP S/4HANA Central Finance pilot approach.  Describe the required organizational change with SAP S/4HANA Central Finance.  Determine the stakeholders involved in a Central Finance project.  Define the change enablers and key success factors.  Design the operation model for Central Finance, and daily operations that might be needed in Central Finance.

Corporate Finance Processes supported by Central Finance 8% – 12%

Define centralization of finance operations.  Describe intercompany reconciliation in Central Finance. Determine open item management in Central Finance. Configure central payments and central down payments. Describe AR/AP reporting in Central Finance.  Define SAP Credit Management.  Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments.

Enhancements in the Controlling Area (CO-PA, WBS) < 8%

Explain improvements made when replicating from costing-based CO-PA into Profitability Analysis in the Universal Journal. Understand account-based CO-PA COGS split in Central Finance. Define account-based CO-PA price split in Central Finance. Describe the new replication scenario for internal EC-PCA postings.  Explain the simulation tool for EC-PCA and the Profit Center comparison report. Describe how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects.

System Landscape Transformation Server (SLT) 8% – 12%

Describe options for activating data replication and how to transfer data, including how to change structures to source tables during replication.  Configure client specific and cross client replication.  Describe starting recording and replication.

System Integration Concepts < 8%

Describe technical communications modes and processes.  Design the types of communication transfer modes. Explain business scenarios and the business hierarchy used by SAPConfigure RFC between two SAP systems, or non-SAP system.

 

NO.30 What does SAP recommend to integrate non SAP system(s) with Central Finance?

 
 
 
 

NO.31 Which activities must you perform to reset the initial load in the Central Finance? There are 2 correct answers.

 
 
 
 

NO.32 Is it possible to take advantage of New G/L features within SAP Simple Finance as well as the ability of flexible reporting based on line-items instead of pre-aggregated totals?

 
 

NO.33 Your customer has the following reporting requirements:
* Real-time profitability reporting on large-scale data volumes
* On-the-fly analysis of profitability data at any level of granularity, aggregation, and dimension
* Cost allocation reports with significantly faster processing time
Which application do you recommend?

 
 
 
 

NO.34 Is it possible to post a value directly to a standalone profit center?

 
 

NO.35 Where must you reverse replicated FI documents?

 
 
 
 

NO.36 What can analyze existing master data in the various source systems and – based on rules that can be configured – can come up with proposals for which master data in the source system should be mapped to which master data in the Central Finance system?

 
 
 
 

NO.37 Which objects are covered by SAP Master Data Governance, Consolidation? Note: There are 2 correct answers to this question.

 
 
 
 

NO.38 Which entity do you configure to transfer the production order settlement details?

 
 
 
 

NO.39 What is to be posted into Central Finance, the system needs to translate the customer ID in the document?

 
 
 
 

NO.40 You want to create a graphical calculation view using the SAP HANA studio. Which steps are mandatory for this task? (Choose three.)

 
 
 
 
 

NO.41 What actions can you execute in the Interface Monitor of the Central Finance system to support business users? Note: There are 2 correct answers to this question.

 
 
 
 

NO.42 Finish the statement. SAP Simple Finance is:
(Choose all that apply.)

 
 
 

NO.43 When you try to delete an attribute view you receive the error message “One or more objects are dependent upon this object”. Which of the following functions can you use to find out which objects depend on this view?
(Choose two.)

 
 
 
 

NO.44 You have a replicated an SAP ERP transaction table that contains a language field and a text table containing descriptions in various languages. You create an attribute view by joining these two tables using a text join. As which of the following join types does the text join act in this context?

 
 
 
 

NO.45 Which master data is supported with SAP Master Data Governance, Financials (MDG F)? Note: There are 3 correct answers to this question.

 
 
 
 
 

NO.46 Which technicalconfiguration activities must you perform to set up the Central Finance system? Note: There are 3 correct answers to this question.

 
 
 
 
 

NO.47 Where do you execute the variance calculation in a central finance scenario?

 
 
 
 

NO.48 In SAP S/4HANA, if PCA is active, the profit center field is mandatory. Is it true or false?

 
 

NO.49 An analytic view has two columns, SHIP_TO_COUNTRY and SHIP_FROM_COUNTRY, that contain ISO country codes. You must replace these codes with the English country names by joining to the same country attribute view twice. What must you create to achieve this?

 
 
 
 

NO.50 Which details do you map when you replicate entities from costing-based CO-PA to the universal journal?

 
 
 
 

NO.51 In which system do you map cost objects?

 
 
 
 

NO.52 What are the feature of the SAP Shared Service Framework? There are 2 Correct answer of this the question.

 
 
 
 

NO.53 Which activities must you execute in the productive source system before you can run an FI/CO initial load?
Note: There are 3 correct answers to this question.

 
 
 
 
 

NO.54 What specific mapping actions can you define for each business partner? Note: There are 3 correct answers to the question.

 
 
 
 
 

SAP S/4HANA Central Finance Certification Exam Details:

Number of Questions 80
Level Associate
Reference Books S4F601 (SAP S/4HANA 1909)
S4F60 (SAP S/4HANA 2020)
S4F61 (SAP S/4HANA 2020)
S4F60 (SAP S/4HANA 1909)
S4F61 (SAP S/4HANA 1909)
S4F601e
Exam Code C_S4FCF_2020
Exam Name SAP Certified Application Associate – Central Finance in SAP S/4HANA
Exam Price $550 (USD)
Sample Questions SAP S/4HANA Central Finance Certification Sample Questions
Duration 180 mins

 

It-Tests C_S4FCF_2020 Exam Practice Test Questions: https://www.it-tests.com/C_S4FCF_2020.html

         

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