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100% Pass SAP - C-S4FCF-2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Authoritative Pass Rate
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SAP C-S4FCF-2023 Exam Syllabus Topics:
Topic
Details
Topic 1
- Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.
Topic 2
- System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.
Topic 3
- Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.
Topic 4
- Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.
Topic 5
- Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.
Topic 6
- Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q78-Q83):
NEW QUESTION # 78
What are some of the advantages of using intercompany reconciliations in Central Finance? Note: There are 2 correct answers to this question.
- A. You can manage intercompany reconciliations later in the closing process.
- B. You can assign documents based on predefined and customized rules.
- C. You can manage intercompany reconciliation using alerts and analytics.
- D. You can eliminate long-running batch jobs for loading the data into Central Finance.
Answer: A,D
NEW QUESTION # 79
What are the implications when you activate Central Payment functionality?
Note: There are 2 correct answers to this question.
- A. Central Payment is not possible for third-party systems.
- B. Credit limits must be maintained at the business partner level in the source system.
- C. The central system becomes the book of record.
- D. Invoices posted in the source system are technically cleared.
Answer: A,D
Explanation:
Detailed Explanation: When Central Payment is activated, invoices posted in the source system are technically cleared to prevent duplicate payments. Additionally, Central Payment is limited to SAP systems and cannot be extended to third-party systems.
NEW QUESTION # 80
You want to set up the Central Finance system. Note: There are 3 correct answers to this question.
- A. Set up the RFC destination for the source system.
- B. Configure ISO codes for currencies.
- C. Configure decimal places for currencies.
- D. Assign the RFC destination in the source system.
- E. Assign the logical system for the central finance system.
Answer: A,D,E
NEW QUESTION # 81
A customer is preparing the Central Finance landscape.
What are some considerations for SAP System Landscape Transformation (SLT) deployment on an existing source system? Note: There are 2 correct answers to this question.
- A. Other source systems that are connected to SLT have no impact on the performance stability of the source system with deployed SLT.
- B. Upgrades updates of the source system with deployed SLT impact the replication of other source systems.
- C. SLT deployed in the source system has direct access to any data in the Central Finance system.
- D. SLT has direct access to any data in the source system.
Answer: C,D
NEW QUESTION # 82
Which of the following Central Finance interfaces are available for data replication from an SAP source system? Note: There are 3 correct answers to this question.
- A. Cost centers
- B. Material cost estimates
- C. Cost objects
- D. Settlements
- E. Activity rates
Answer: B,C,E
NEW QUESTION # 83
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