SAP C_S4FCF_2021 Certification Exam Dumps with 82 Practice Test Questions [Q11-Q28]

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SAP C_S4FCF_2021 Certification Exam Dumps with 82 Practice Test Questions

New C_S4FCF_2021 Exam Dumps with High Passing Rate

To prepare for the SAP C_S4FCF_2021 exam, it is recommended that you have a solid understanding of SAP S/4HANA Finance and Central Finance processes. You should also have experience with SAP Central Finance implementation and configuration. Additionally, it is advisable to have hands-on experience with SAP S/4HANA Central Finance system administration, including system monitoring, troubleshooting, and optimization.

NEW QUESTION 11
You need to set up a central Credit Management landscape in Central Finance. Which distribution settings does SAP recommend to determine the credit limit? Note: There are 2 correct answers to this question.

Web services

Credit Manager Portal

Process Integration (PI)

WebDynpro

NEW QUESTION 12
Which functions are available in Central Finance to validate the system setup before initial load? Note: There are 3 correct answers to this question.

Smoke test functionality for CO secondary postings

Smoke test functionality for Cost Objects (AUFK)

Simulation of postings for AVL

Simulation of postings for FI/CO documents

Simulation of mapping for WBS

NEW QUESTION 13
Which transactions can you use to drill back to the source document? Note: There are 2 correct answers to this question.

CO document display (KSB5)

SLT monitor (LTRC)

Change document display (FSCD)

FI document display (FB03)

NEW QUESTION 14
You have a business requirement to change a specific document type in the target system. Which mapping action would you use?

Clear data

Keep data

Mapping authorized

Map if possible

NEW QUESTION 15
Where do you perform the variance calculation in a Central Finance scenario?

In the target system before order settlement

In the source system after order settlement

In the target system after order settlement

In the source system before order settlement

NEW QUESTION 16
You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?

Non-operating expense or income accounts

Asset reconciliation accounts

Open item managed accounts

Tax accounts

NEW QUESTION 17
What are the options for mapping cost objects to internal orders with the cost object mapping framework?
Note: There are 2 correct answers to this question.

Product Cost Collector

Service Order

QM Order

Cost Center

NEW QUESTION 18
Which master data is supported with SAP Master Data Governance, Financials (MDG-F)? Note:
There are 2 correct answers to this question.

Financial planning data

Profit center hierarchies

Fixed asset master

General ledger accounts

NEW QUESTION 19
You are performing a CO initial load. For which objects can you use simul-ation functionality? Note: There are 2 correct answers to this question.

CO documents

Cost objects

Cost centers

WBS elements

NEW QUESTION 20
Which of the following functions are valid for initial load extraction of FI/CO postings?

Initial load can be executed only for specific company codes.

Migration clearing accounts are maintained for reconciliation accounts.

The target system controls the open items to be extracted from the source system.

The source system controls the period and fiscal year for balance extraction and document extraction.

NEW QUESTION 21
What are the implications when you activate Central Payment functionality? Note: There are 2 correct answers to this question.

Credit limits must be maintained at the business partner level in the source system.

The central system becomes the book of record.

Invoices posted in the source system are technically cleared.

Central Payment is not possible for third-party systems.

NEW QUESTION 22
What are the prerequisites for SAP Landscape Transformation configuration before the initial load? Note: There are 2 correct answers to this question.

Set up RFC destinations.

Create a technical user.

Assign replication objects to the logical system.

Create database connections.

NEW QUESTION 23
What are some of the advantages of using intercompany reconciliations in Central Finance? Note: There are 2 correct answers to this question.

You can manage intercompany reconciliations later in the closing process.

You can assign documents based on predefined and customized rules.

You can manage intercompany reconciliation using alerts and analytics.

You can eliminate long-running batch jobs for loading the data into Central Finance.

NEW QUESTION 24
Which capability supports the continuous reconciliation between the sender and the Central Finance system?
Note: There are 3 correct answers to this question.

Reconcile using the financial statement.

Reconcile using the Intercompany reconciliation.

Reconcile using the FI Balance Reconciliation report.

Reconcile individually using the line item drill-down.

Reconcile using the RACCT_SENDER field in the ACDOCA table.

NEW QUESTION 25
What are the features of the Accounting View of Logistics (AVL) information in Central Finance? Note:
There are 3 correct answers to this question.

Logistics information is replicated (example: sales order).

All information from the logistics document is transferred.

Replication is executed via SLT.

Business mapping is supported for AVL replication.

AVL information is available for real-time replication only.

NEW QUESTION 26
The MDG mapping repository contains key mapping for master data, and value mapping for customizing.
Which service or application does MDG provide to maintain value mapping one by one?

Cost Object mapping

SAP GUI transaction

Central Finance instance

WebDynpro application

NEW QUESTION 27
Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

Messages can be assigned to SAP transaction codes

Data correction is possible for all fields

Role-based overview for business users

Message severity can be changed

Field labels can be shown with customized text

NEW QUESTION 28
Which service or application does MDG provide to maintain Key Mapping one by one?

Cost object mapping

Central Finance replication

WebDynpro application

SAP GUI transaction

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