C-S4FCF-2020 Exam Dumps Pass with Updated 2021 Certified Exam Questions
C-S4FCF-2020 Exam Questions - Real & Updated Questions PDF
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
NEW QUESTION 16
What is an example of a selective data load using SAP Landscape Transformation?
- A. Selected units or currencies are converted into recalculated amounts or values and loaded into SAP HANA.
- B. Selected data for a range of years is 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: B
NEW QUESTION 17
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.
- A. logical system
- B. Functional area
- C. Company codes
- D. Profit center
Answer: A,C
NEW QUESTION 18
You have created several information models. A colleague has to create new tables in the existing schema and extend your information models. Which privileges do you give to your colleague? (Choose two.)
- A. Package privileges
- B. System privileges
- C. Analytic privileges
- D. Object privileges
Answer: A,D
NEW QUESTION 19
Where do you maintain themaster data of the replicated cost objects.
- A. Target system
- B. SAP Master Data Governance system
- C. SAP Landscape Transformation system
- D. Source system
Answer: D
NEW QUESTION 20
What is true about Universal Journal extensibility? (Choose three.)
- A. The new HANA based reporting can not access the customer fields of all components (G/L, CO, AA, ML).
- B. P&L line extension using "CO-PA capabilities" is provided.
- C. The standard General Ledger coding block extensibility.
- D. It can be extended easily with customer fields for all components (G/L, CO, AA, ML).
Answer: B,C,D
NEW QUESTION 21
In a calculation view you define a calculated column and set the Calculate Before Aggregation flag. Which of the following activities is mandatory to activate the view?
- A. Add a new aggregation node
- B. Mark the column as hidden
- C. Select the aggregation type
- D. Set the column type to Attribute
Answer: C
NEW QUESTION 22
How can you improve the performance of a report that is based on SAP HANA data? (Choose two.)
- A. Maintain appropriate constraint filters in SAP HANA.
- B. Gather new database statistics.
- C. Ensure that all calculations are pushed down to the SAP HANA database.
- D. Ensure that all SAP HANA tables are in the same schema.
Answer: A,C
NEW QUESTION 23
Which tool must you useto view FI/CO initial load errors?
- A. SAP LT replication server cockpit
- B. Migration cockpit
- C. Application log
- D. Application Interface Framework monitor
Answer: D
NEW QUESTION 24
What happens when you turn on replication of an SAP ERP source system using SAP Landscape Transformation (SLT)?
- A. SLT creates ABAP code in the ERP system that writes to application tables.
- B. SLT creates database triggers in the ERP system that write to application tables.
- C. SLT creates database triggers in the ERP system that write to logging tables.
- D. SLT creates ABAP code in the ERP system that writes to logging tables.
Answer: C
NEW QUESTION 25
You want to broadcast reports that use data from SAP HANA. Which SAP BusinessObjects tool do you use?
- A. Dashboards
- B. Crystal Reports
- C. Explorer
- D. Analysis, edition for OLAP
Answer: B
NEW QUESTION 26
What are the implications when you activate Central Payment? Meta: There are 2 correct answers to this question.
- A. Tax reports must be executed in the Central Finance system.
- B. Credit Management mustbe activated
- C. There are restrictions in tax reporting
- D. Central Payment is NOT possible for third party systems
Answer: A,D
NEW QUESTION 27
You have an SAP NetWeaver Business Warehouse (SAP NetWeaver BW) on SAP HANA system installed on multiple nodes. Which of the following information objects are stored on the master node?
- A. DataStore Objects (DSOs)
- B. SAP NetWeaver BW master data tables
- C. ABAP system tables
- D. Persistent Staging Area (PSA) tables
Answer: C
NEW QUESTION 28
In which of the following can you use a FOR loop over your data?
- A. Calculation View
- B. Monitoring View
- C. Analytic View
- D. Analytic View
Answer: A
NEW QUESTION 29
Where do you execute the variance calculation in a central finance scenario?
- A. In the targetsystem after order settlement
- B. In the source system before order settlement
- C. In the target system before order settlement
- D. In the source system after order settlement
Answer: B
NEW QUESTION 30
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. Web-services
- B. Web-Dynpro
- C. Process Integration (PI)
- D. Credit Manager Portal
Answer: A,C
NEW QUESTION 31
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SAP S/4HANA Central Finance Certification Exam Details:
| Exam Price | $550 (USD) |
| Duration | 180 mins |
| Passing Score | C_S4FCF_2020 - 64% C_S4FCF_1909 - 66% |
| Level | Associate |
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
| Exam Code | C_S4FCF_2020 |
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