Pass Your SAP Certified Application Associate C_S4FCF_2020 Exam Easily with Accurate PDF Questions [Dec 06, 2021]
C_S4FCF_2020 Certification Exam Dumps Questions in here
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Real time Replication in Central Finance | 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. S4F61 (SAP S/4HANA 2020) | > 12% |
| SAP Master Data Governance | Describe MDG central governance and mass processing. Describe the general concepts and capabilities of SAP MDG, central governance. Activate and configure the default processes for MDG. Define MDG data models. S4F601 (SAP S/4HANA 1909) | > 12% |
| Corporate Finance Processes supported by Central Finance | 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. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| Central Finance Setup and Configuration | 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. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| Initial Load in Central Finance | Describe how to set a filter for the initial load of Cost Object. Resolve errors of cost object initial load. Execute initial load of FI/CO postings. Resolve errors of FI/CO posting initial load. Set filter for the initial load of CO internal posting, and resolve errors of CO internal posting initial load. Define validation and reconciliation in Central Finance. Perform reconciliation reports in Central Finance. S4F61 (SAP S/4HANA 2020) | > 12% |
| Run Phase in Central Finance | 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. S4F60 (SAP S/4HANA 2020) | < 8% |
| System Landscape Transformation Server (SLT) | 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. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| Enhancements in the Controlling Area (CO-PA, WBS) | 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. S4F61 (SAP S/4HANA 2020) | < 8% |
| Central Finance Landscape Architecture | Define options to SAP S/4HANA Central Finance Architecture links source systems to the central finance system. Design SLT techchnical integration platform for Central Finance. Describe MDG function in Central Finance for master harmonization. Descript AIF as interface and monitoring for Central Finance. S4F60 (SAP S/4HANA 2020) | 8% - 12% |
| System Integration Concepts | 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. S4F61 (SAP S/4HANA 2020) | < 8% |
| Integration Technology ALE | Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED). Define logical system or logical system name, message type, and distribution model. Designdistribution model. Configure logical system names and assign them to clients in SAP systems. S4F601 (SAP S/4HANA 1909) | < 8% |
NEW QUESTION 17
When you use SLT replication, which of the following determines the name of the SAP HANA schema where replicated data is stored?
- A. The name of the RFC connection
- B. The name of the replication configuration
- C. The name of the secondary database connection
- D. The name of the source system schema
Answer: B
NEW QUESTION 18
What must be configured so it can be carried out when accounting documents from source systems are posted into the Central Finance system?
- A. Data mapping
- B. The sender and receiver to be assigned to the same profit center
- C. The PA transfer structure of the order
- D. The system and the user status
Answer: B
NEW QUESTION 19
Which data replication tool do you use for real-time replication?
- A. SAP Data Services
- B. SAP Landscape Transformation
- C. SAP ProcessIntegration
- D. SAP Master Data Governance
Answer: B
NEW QUESTION 20
What is the recommended deployment option for SAP Landscape Transformation?
- A. On the Central Finance system
- B. On SAP Cloud Platform
- C. On a separate instance
- D. On the souse system
Answer: C
NEW QUESTION 21
Customer is using 3 production systems (ERP systems) and would like to reduce none of production instances and continue to post day to day business postings. Which Simple Finance scenario best suits to customer?
- A. Upgrade & Migrate.
- B. Replicate into central finance.
- C. Upgrade, Migrate and Consolidate.
Answer: C
NEW QUESTION 22
Which of the following is a characteristics of asynchronous communication?
- A. The receiving system does NOT have to be available at the fine a function call is dispatched
- B. It can be implemented in function calls that require an immediate return of data to the sender
- C. This form of communication uses a single function call
- D. SAP S/4HANA must be active on the sending systems and the receiving systems
Answer: D
NEW QUESTION 23
Finish the statement.
Required installation components for Central Finance are:
(Choose all that apply.)
- A. SAP HANA Hardware (on-premise, cloud, private cloud) and software (database / appliance).
- B. Additional Simple Finance products like Integrated Business Planning, Cash Management,or Fraud Management etc. (optional).
- C. SAP HANA Live/Fiori and Smart Business Cockpits etc.
- D. SAP Business Intelligence tools like Analysis for Office.
- E. SAP Landscape Transformation (SLT) Replication Server (plus partner products like Datalytics for non-SAP ERP systems).
- F. SAP S/4HANA (ERP with SAP Simple Finance).
Answer: A,B,C,D,E,F
NEW QUESTION 24
On which level can you maintain and differentiate global data types duringvalue mapping? Note: There are 3 correct answers to this question.
- A. List ID
- B. Source system
- C. Client
- D. Validity date
- E. Company code
Answer: A,B,E
NEW QUESTION 25
You need to set up acentral Credit Management Landscape in Central Finance. Which distribution settings does SAP recommend to determine the credit limit? Note: There are 2 cored answers to this question.
- A. Credit Manager Portal
- B. Process Integration (PI)
- C. Web-Dynpro
- D. Web-services
Answer: B,D
NEW QUESTION 26
What is an example of a selective data load using SAP Landscape Transformation?
- A. Selected data for a range of years is loaded into SAP HANA.
- B. Selected units or currencies are converted into recalculated amounts or values and loaded into SAP HANA.
- C. Selected data field values are randomized and loaded into SAP HANA.
- D. Selected data for transformation is split into portions.
Answer: A
NEW QUESTION 27
Wheredoes Central Finance repost Documents received from source systems?
- A. Accounting interface
- B. Staging tables
- C. Migration Cockpits
- D. Financial closing Cockpits
Answer: A
NEW QUESTION 28
Two attribute views in the same analytic view contain the same column name: the ID from the Customer attribute view and the ID from the Product attribute view. In the output, the system automatically renamed one column to ID_1. You want to indicate that ID_1 originated from the Product attribute view by renaming it to ID_PRODUCT. Where in the attribute properties of ID_1 can you change this? (Choose two.)
- A. In the name
- B. In the alias label
- C. In the label
- D. In the alias name
Answer: B,D
NEW QUESTION 29
In which system do you map cost objects?
- A. SAP Master Data Governance system
- B. SAP Landscape Transformation system
- C. Central Finance system
- D. Source ERP system
Answer: C
NEW QUESTION 30
Where are mapping errors recorded during real time replication?
- A. In the SAP Master Data Governance system
- B. InApplication Interface Framework of the Central Finance system
- C. In Application Interface Framework in the source system
- D. In the SAP Landscape Transformation system
Answer: B
NEW QUESTION 31
Which processes support intercompany reconciliation in Central Finance?Note: There are 2 correct answers to this question.
- A. Reconciliation of open payments
- B. Reconciliation of vender/customer open items
- C. Reconciliation of GL account open items
- D. Reconciliation of open dispute cases
Answer: B,C
NEW QUESTION 32
Which objects uses a directRFC connection for the initial load?
- A. Internal CO document
- B. Internal order
- C. FI/CO document
- D. Cost center
Answer: C
NEW QUESTION 33
You need to transfer the production variance split into the Central Finance system? Note: there are 3 correct answers to this question.
- A. Ensure that costing based CO-PA is activated in the sender system.
- B. Define the accounts for splitting price differences.
- C. Ensure that account based CO PA is activated in the target system.
- D. Configure the COGS split for CO PA.
- E. Ensure that costing based CO PA is activated in the target system.
Answer: A,B,E
NEW QUESTION 34
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C_S4FCF_2020 Exam Certification Details:
| Exam: | 80 questions |
| Sample Questions: | SAP C_S4FCF_2020 Exam Sample Question |
| Level: | Associate |
| Cut Score: | 64% |
| Duration: | 180 mins |
| Languages: | German, English |
Updated C_S4FCF_2020 Exam Practice Test Questions: https://www.test4sure.com/C_S4FCF_2020-pass4sure-vce.html