[UPDATED Dec-2023] Best Value Available Preparation Guide for C-S4FCF-2021 Exam [Q46-Q60]

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[UPDATED Dec-2023] Best Value Available Preparation Guide for C-S4FCF-2021 Exam

1 Full C-S4FCF-2021 Practice Test and 82 Unique Questions, Get it Now!

SAP C_S4FCF_2021 certification exam is a globally recognized certification offered by SAP. It is an excellent way to validate your skills and knowledge in SAP Central Finance in SAP S/4HANA. C-S4FCF-2021 exam is designed to test your understanding of the concepts, best practices, and techniques involved in implementing and configuring SAP Central Finance in SAP S/4HANA.

NEW QUESTION 46
You want to maintain the master data of a cost object that has already been replicated to the Central Finance system. In which system is this performed?

Source system

Target system

SAP Master Data Governance system

SAP Landscape Transformation (SLT)

NEW QUESTION 47
What must you consider for integration of non-SAP source systems with Central Finance? Note: There are 3 correct answers to this question.

The data is transferred from the non-SAP system to the SLT staging tables.

Real-time replication is not supported for non-SAP source systems.

There is no preconfigured content to extract data from non-SAP systems.

Application Interface Framework (AIF) is used for monitoring.

SLT staging tables are the same as for SAP source systems.

NEW QUESTION 48
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 49
Which reports can you use to compare details from the source system with the Central Finance system? Note: There are 3 correct answers to this question.

Journal entry analyzer report

Balance comparison report

Document count report

Actual P&L report

Document comparison report

NEW QUESTION 50
Which of the following activities are required to start the initial load of FI/CO postings for the selected company codes from the ECC source system? Note: There are 2 correct answers to this question.

Configure the Substitution and Migration Clearing accounts.

Configure the VCFIN_SOURCE_SET table in the target system.

Define the initial load group.

Perform month end closing in the source system.

NEW QUESTION 51
Which of the following are architecture components of the Project Replication scenario for Central Finance?
Note: There are 3 correct answers to this question.

SAP Landscape Transformation (SLT)

ALE/IDoc outbound and inbound

SAP Process Integration (PI) Web service

SAP Master Data Governance (MDG)

Application Interface Framework (AIF)

NEW QUESTION 52
Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.

Release project definition

Create settlement rules

Create down payments

Create G/L account

Create EC-PCA postings

NEW QUESTION 53
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

NEW QUESTION 54
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 55
Which of the following are architecture components of the Project Replication scenario for Central Finance? Note: There are 3 correct answers to this question.

SAP Landscape Transformation (SLT)

ALE/IDoc outbound and inbound

SAP Process Integration (PI) Web service

SAP Master Data Governance (MDG)

Application Interface Framework (AIF)

NEW QUESTION 56
Your customer has completed the initial load of FI/CO postings in a test landscape. Before starting the next test cycle, what must you do to reset the initial load? Note: There are 3 correct answers to this question.

Delete or cancel all AIF messages with status errors.

Run the RCFIN_DEL_MIG report in the source system.

Stop the data extraction in the target system.

Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.

Delete all entries in the CFIN_SOURCE_SET table in the source system.

NEW QUESTION 57
Which of the following 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.

Header table

Debit and credit items table

Product tax items table

Cost object items table

Customer line items table

NEW QUESTION 58
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 59
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 60
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.

EC-PCA documents are replicated to the leading ledger 0L.

Central Finance Mapping logic is applicable to EC-PCA document replication.

EC-PCA document replication does not cover postings done by transaction 1KEL.

Error Resolution for EC-PCA is carried out using Application Interface Framework.

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Earning the SAP C_S4FCF_2021 certification demonstrates that an individual has the necessary knowledge and skills to implement Central Finance with SAP S/4HANA. It is a valuable certification for individuals who work with SAP S/4HANA and want to enhance their skills in Central Finance. By passing C-S4FCF-2021 exam, individuals can prove their expertise to employers and clients, which can lead to better job opportunities and higher salaries.

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