Exam Dumps C_S4FCF_2020 Practice Free Latest SAP Practice Tests [Q30-Q53]

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Exam Dumps C_S4FCF_2020 Practice Free Latest SAP Practice Tests

C_S4FCF_2020 Exam Questions | Real C_S4FCF_2020 Practice Dumps


SAP C_S4FCF_2020 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
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.

Integration Technology ALE < 8%

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.

SAP Master Data Governance > 12%

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.

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.

Central Finance Landscape Architecture 8% - 12%

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.

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.

Initial Load in Central Finance > 12%

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.



SAP C_S4FCF_2020 Exam Description:

The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020)' certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project's success right away. This certificate is the ideal starting point for a career as a Central Finance consultant.

 

NEW QUESTION 30
What do you assign to the logical system as part of the technical configuration of Central Finance?

  • A. Company code
  • B. System name
  • C. RFC destination
  • D. Client ID

Answer: C

 

NEW QUESTION 31
Which new connection type is available as of SAP BusinessObjects Data Services 4.0?

  • A. Operational Data Provider
  • B. Read table via ABAP data flows
  • C. BAPI function calls
  • D. IDOCs

Answer: A

 

NEW QUESTION 32
You modified an active analytic view in the SAP HANA studio and saved it without activating it. What is the consequence?

  • A. The active view is in "Read Only" mode.
  • B. The active view is not available.
  • C. The inactive view is in "Read Only" mode.
  • D. The inactive view is not available.

Answer: A

 

NEW QUESTION 33
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.

  • A. Execute all scheduled jobs and do NOT schedule any new jobs
  • B. Execute the periodic depreciation posting run
  • C. Perform closing for periodic asset postings
  • D. Perform clearings for all open items.
  • E. Unlock posting periods in the source system.

Answer: A,B,C

 

NEW QUESTION 34
What data must you maintain based on daily operations between the source system and the CentralFinance system? Note: There are 2 correct answers to the question.

  • A. Exchange rates
  • B. Payment methods
  • C. Authorization updates
  • D. Internal order mapping

Answer: A,C

 

NEW QUESTION 35
What is correct about data process using traditional Databases especially from SAP stand point? (Choose two.)

  • A. Data base used for data store & process.
  • B. Database used for data store.
  • C. None of the above.
  • D. Data processing happens in application server.

Answer: B,D

 

NEW QUESTION 36
What are the capabilities of the Customer/Vendor Integration (CVI) business function? (Choose two.)

  • A. Allows bi-directional replication of business partner, customer master, and vendor master
  • B. Integrates the business partner, customer master, and vendor master
  • C. Checks for duplicates of business partner, customer master, and vendor master
  • D. Replaces the customer master and vendor master with business partners

Answer: A,B

 

NEW QUESTION 37
Is it possible to post a value directly to a standalone profit center?

  • A. No
  • B. Yes

Answer: A

 

NEW QUESTION 38
You prepare the FICO initial load. For which account types must you create a substitution account.

  • A. Reconciliation accounts
  • B. Non open item managed accounts
  • C. Tax accounts
  • D. Open item managed accounts

Answer: A,D

 

NEW QUESTION 39
You want to broadcast reports that use data from SAP HANA. Which SAP BusinessObjects tool do you use?

  • A. Crystal Reports
  • B. Analysis, edition for OLAP
  • C. Dashboards
  • D. Explorer

Answer: A

 

NEW QUESTION 40
What is an example of a selective data load using SAP Landscape Transformation?

  • A. Selected data for transformation is split into portions.
  • B. Selected data field values are randomized and loaded into SAP HANA.
  • C. Selected units or currencies are converted into recalculated amounts or values and loaded into SAP HANA.
  • D. Selected data for a range of years is loaded into SAP HANA.

Answer: D

 

NEW QUESTION 41
What can you define in the Choose Logical System configuration step of theinitial load settings?

  • A. Start year balances
  • B. Package size
  • C. Clearing accounts
  • D. Substitution accounts

Answer: B

 

NEW QUESTION 42
Which of the following are architecture components of the project replication scenario for Centra Finance? Note: There are 3 correct answers to this question.

  • A. ALE/IDOC outbound and inbound
  • B. SAP Master Data Governance (MDG) business mapping
  • C. Application Interface Framework (AIP) error management
  • D. SAP Landscape Transformation (SLT) real time replication
  • E. SAP Process Integration (PT) Web service

Answer: A,B,C

 

NEW QUESTION 43
You need to harmonize data with the business mapping capability ofSAP Master Data Governance. Which mapping capabilities do you have? Note: There are 2 correct answers to this question.

  • A. Map IDs/master data within the same object type
  • B. Map codes/customizing within the same object type
  • C. Map IDs/master data between different object types
  • D. Map codes/customizing between different object types

Answer: A,B

 

NEW QUESTION 44
Which object are part of value mapping? Note: There are 3 correct answers to this question.

  • A. Vendors
  • B. G/L accounts
  • C. Company codes
  • D. Documents types
  • E. Tax codes

Answer: C,D,E

 

NEW QUESTION 45
Why do you call S/4 HANA an Agile approach?

  • A. Because of new Account based COPA.
  • B. Because of New Cash Management.
  • C. Because of Real time process.
  • D. Because of index /total tables removed.

Answer: C

 

NEW QUESTION 46
Which activities must you complete before you can activate real-time replication? Nate: There are 2 correct answers to this question.

  • A. Configure the VCFIN SOURCE_SET view in the corresponding source systems.
  • B. Configure the Application Interface Framework
  • C. Delete the extract of the initial load data.

Answer: A,C

 

NEW QUESTION 47
Wheredoes Central Finance repost Documents received from source systems?

  • A. Staging tables
  • B. Accounting interface
  • C. Financial closing Cockpits
  • D. Migration Cockpits

Answer: B

 

NEW QUESTION 48
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.

  • A. Execute all scheduled jobs and do NOT schedule any new jobs
  • B. Execute the periodic depreciation posting run
  • C. Perform closing for periodic asset postings
  • D. Perform clearings for all open items.
  • E. Unlock posting periods in the source system.

Answer: A,B,C

 

NEW QUESTION 49
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. Process Integration (PI)
  • B. Web-Dynpro
  • C. Credit Manager Portal
  • D. Web-services

Answer: A,D

 

NEW QUESTION 50
Which view need be considered in development for read operations on mass data required?

  • A. Q Calculation
  • B. Q Analytic
  • C. Q Attribute
  • D. Q Analytic / Calculation

Answer: B

 

NEW QUESTION 51
Profit centers and cost centers can receive revenue postings. Is it true or false?

  • A. True
  • B. False

Answer: A

Explanation:
Explanation

 

NEW QUESTION 52
Which of the following are functions of the DB trigger within SAP Landscape Transformation (SLT)? (Choose two.)

  • A. Record relevant changes in logging tables.
  • B. Ensure that replicated changes are kept within the logging tables.
  • C. Include only relevant tables for DB recording.
  • D. Decluster table classes into a transparent format.

Answer: A,C

 

NEW QUESTION 53
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