[Nov-2021] The Best SAP Certified Application Associate C_S4FCF_2020 Professional Exam Questions
Try 100% Updated C_S4FCF_2020 Exam Questions [2021]
SAP C_S4FCF_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| 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. |
| System Landscape Transformation Server (SLT) 8% - 12% | Describe options for activating data replication and how to transfer data, including how to change structures to source tables during replication. Configure client specific and cross client replication. Describe starting recording and replication. |
| Central Finance Setup and Configuration 8% - 12% | 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. |
| 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. |
| Enhancements in the Controlling Area (CO-PA, WBS) < 8% | 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. |
| 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. |
| 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. |
| 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. |
| 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. |
| 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. |
| 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. |
NEW QUESTION 24
A customer wants to report on large amounts of SAP HANA data. The users want to drill from the top aggregation level to the lowest granularity and try different types of graphical representations of the data on the fly. Which SAP BusinessObjects reporting tool would you recommend?
- A. SAP BusinessObjects Crystal Reports for Enterprise
- B. SAP BusinessObjects Web Intelligence
- C. SAP BusinessObjects Explorer
- D. SAP BusinessObjects Dashboards
Answer: C
NEW QUESTION 25
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-Dynpro
- B. Web-services
- C. Credit Manager Portal
- D. Process Integration (PI)
Answer: B,D
NEW QUESTION 26
Central finance feature will only support on-premise deployment. Is this statement correct?
- A. No
- B. Yes
Answer: A
NEW QUESTION 27
Where must you reverse replicated FI documents?
- A. ApplicationInterface Framework system
- B. Central Finance system
- C. Source system
- D. SAP Landscape Transformation system
Answer: C
NEW QUESTION 28
Which of the following are advantages of running SAP HANA Live embedded in the SAP Business Suite?
(Choose three.)
- A. It provides real-time operational reporting
- B. It uses the generic capabilities of SAP HANA such as the XS Engine
- C. It provides real-time replication
- D. It runs in older versions of the SAP Business Suite
- E. It allows using generic virtual data models
Answer: A,B,E
NEW QUESTION 29
Your customer has the following reporting requirements:
* Real-time profitability reporting on large-scale data volumes
* On-the-fly analysis of profitability data at any level of granularity, aggregation, and dimension
* Cost allocation reports with significantly faster processing time
Which application do you recommend?
- A. SAP Bank Analyzer with SAP HANA
- B. SAP Deposits Management with SAP HANA
- C. SAP HANA CO-PA Accelerator
- D. SAP HANA for Banking
Answer: C
Explanation:
Explanation
NEW QUESTION 30
In a graphical calculation view you specify the default client to be dynamic. How the client value is determined when the view is used?
- A. By checking the session client of the user accessing the view
- B. By executing a procedure in the user's own schema
- C. By reading the client of the tables in the view
- D. By applying the filtering conditions on the client field
Answer: A
NEW QUESTION 31
What is the recommended deployment option for SAP Landscape Transformation?
- A. On SAP Cloud Platform
- B. On the souse system
- C. On the Central Finance system
- D. On a separate instance
Answer: D
NEW QUESTION 32
Which CE function do you use to implement an inner join between two tables on a list of join attributes?
- A. CE_OLAP_VIEW
- B. CE_JOIN
- C. CE_COLUMN_TABLE
- D. CE_JOIN_VIEW
Answer: B
NEW QUESTION 33
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 34
What specific mapping actions can you define for each business partner? Note: There are 3 correct answers to the question.
- A. Mapping if authorized
- B. Mapping obligatory
- C. Summarized date
- D. Clear data
- E. Mapping if possible
Answer: B,D,E
NEW QUESTION 35
What are the implications when you activate Central Payment? Meta: There are 2 correct answers to this question.
- A. Credit Management mustbe activated
- B. There are restrictions in tax reporting
- C. Tax reports must be executed in the Central Finance system.
- D. Central Payment is NOT possible for third party systems
Answer: C,D
NEW QUESTION 36
With Universal Journal, one line item table is with full detail for all components. Data was stored only once, so no reconciliation was needed by architecture, and reduction of memory footprint through elimination of redundancy.
Are these statements correct?
- A. No
- B. Yes
Answer: B
NEW QUESTION 37
Financial document is posted to the wrong business partner in Central Finance. Which transactions can you use to check the mapping of this business partner? Note: There are 2 correct answers to this question.
- A. Define Value Mapping (Code Mapping)(transaction CFINIMG).
- B. Manage key mapping (transaction MGD_KM_MAINTAIN).
- C. Maintain Business Partner (transaction BP).
- D. Search key mapping(transeaction MGD_ANALYSE-IDM).
Answer: B,D
NEW QUESTION 38
What are three main interfaces that feed data from source systems in Central finance? (Choose three.)
- A. An interface for recreation only master data.
- B. An interface for reposting of CO Postings.
- C. An interface for reposting of FI/CO Postings.
- D. An interface for replicating certain cost objects.
Answer: B,C,D
NEW QUESTION 39
Which of the following are characteristics of using a Rapid Deployment Solution (RDS), such as Operationa Reporting for SAP HANA? (Choose two.)
- A. Relevant tables are replicated.
- B. Customized tables and columns are replicated.
- C. Pre-designed information models are imported into SAP HANA.
- D. SAP will create information models based on customer requirements.
Answer: A,C
NEW QUESTION 40
You want to perform a multiple linear regression on your data. Which of the following do you use?
- A. SAP HANA Predictive Analysis Library
- B. SAP HANA Business Function Library
- C. SAPUI5 runtime library
- D. RODBC library
Answer: A
NEW QUESTION 41
You have a replicated an SAP ERP transaction table that contains a language field and a text table containing descriptions in various languages. You create an attribute view by joining these two tables using a text join. As which of the following join types does the text join act in this context?
- A. Referential join
- B. Inner join
- C. Right outer join
- D. Left outer join
Answer: D
NEW QUESTION 42
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SAP S/4HANA Central Finance Certification Exam Details:
| Passing Score | C_S4FCF_2020 - 64% C_S4FCF_1909 - 66% |
| Duration | 180 mins |
| Exam Code | C_S4FCF_2020 |
| Level | Associate |
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
| Number of Questions | 80 |
| Reference Books | S4F601 (SAP S/4HANA 1909) S4F60 (SAP S/4HANA 2020) S4F61 (SAP S/4HANA 2020) S4F60 (SAP S/4HANA 1909) S4F61 (SAP S/4HANA 1909) S4F601e |
| Exam Price | $550 (USD) |
| Sample Questions | SAP S/4HANA Central Finance Certification Sample Questions |
| Schedule Exam | SAP Training |
C_S4FCF_2020 Exam Questions Get Updated [2021] with Correct Answers: https://www.guidetorrent.com/C_S4FCF_2020-pdf-free-download.html