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SAP Certified Application Associate - Central Finance in SAP S/4HANA Practice Tests 2021 Pass C-S4FCF-2020 with confidence! [Q15-Q34]

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SAP Certified Application Associate - Central Finance in SAP S/4HANA Practice Tests 2021 | Pass C-S4FCF-2020 with confidence!

Practice SAP Certified Application Associate C-S4FCF-2020 exam. Online Exam Practice Tests with detailed explanations!


SAP S/4HANA Central Finance Certification Exam Details:

Exam NameSAP Certified Application Associate - Central Finance in SAP S/4HANA
Schedule ExamSAP Training
Number of Questions80
Passing ScoreC_S4FCF_2020 - 64%
C_S4FCF_1909 - 66%
Exam CodeC_S4FCF_2020
Exam Price$550 (USD)
Duration180 mins
Reference BooksS4F601 (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
LevelAssociate
Sample QuestionsSAP S/4HANA Central Finance Certification Sample Questions

NEW QUESTION 15
Which view need be considered in development for read operations on mass data required?

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

Answer: A

 

NEW QUESTION 16
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 17
Profit centers and cost centers can receive revenue postings. Is it true or false?

  • A. False
  • B. True

Answer: B

Explanation:
Explanation

 

NEW QUESTION 18
Which of the following sequences of steps is required before you can create a report on an analytic view using replicated SAP ERP data?

  • A. Set up replication from ERP -> Create an analytic view -> Create analytic privileges -> Create a business layer
  • B. Create a business layer -> Set up replication from ERP -> Create an analytic view -> Create analytic privileges
  • C. Create an analytic view -> Set up replication from ERP -> Create analytic privileges -> Create a business layer
  • D. Create an analytic view -> Create analytic privileges -> Set up replication from ERP -> Create a business layer

Answer: A

 

NEW QUESTION 19
For which initial load object does error handing NOT take place in the Application Interface Framework (AIF)?

  • A. FICO documents
  • B. Co internal documents
  • C. EC PCA documents
  • D. Cost objects

Answer: C

 

NEW QUESTION 20
Which of the following are phases of an SAP rapid-deployment solution (RDS)? (Choose three.)

  • A. Start
  • B. Deploy
  • C. Run
  • D. Blueprint
  • E. Realization

Answer: A,B,C

 

NEW QUESTION 21
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 22
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.

  • A. logical system
  • B. Company codes
  • C. Functional area
  • D. Profit center

Answer: A,B

 

NEW QUESTION 23
Which source systems require dedicated staging tables on SAP Landscape Transformation? Note: There are 3 correct answers to this question.

  • A. SAP ECC 6.0 on SAP HANA
  • B. Non SAP ERP system
  • C. SAP ECC 6.0 on non-SAP HANA database
  • D. SAP Business One
  • E. SAP Business by Design

Answer: B,D,E

 

NEW QUESTION 24
Which details do you map when you replicate entities from costing-based CO-PA to the universal journal?

  • A. G/L accounts
  • B. Reconciliation objects
  • C. Characteristics
  • D. Value fields

Answer: C

 

NEW QUESTION 25
On which level can you maintain and differentiate global data types during value mapping? Note: There are 2 correct answers to this question.

  • A. List ID
  • B. Validity date
  • C. Source system
  • D. Company code
  • E. Client

Answer: A,C

 

NEW QUESTION 26
Why do you call S/4 HANA an Agile approach?

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

Answer: A

 

NEW QUESTION 27
How can you improve the performance of a report that is based on SAP HANA data? (Choose two.)

  • A. Ensure that all calculations are pushed down to the SAP HANA database.
  • B. Maintain appropriate constraint filters in SAP HANA.
  • C. Ensure that all SAP HANA tables are in the same schema.
  • D. Gather new database statistics.

Answer: A,B

 

NEW QUESTION 28
When you use SLT replication, which of the following determines the name of the SAP HANA schema where replicated data is stored?

  • A. The name of the source system schema
  • B. The name of the RFC connection
  • C. The name of the replication configuration
  • D. The name of the secondary database connection

Answer: C

 

NEW QUESTION 29
Is it possible to take advantage of New G/L features within SAP Simple Finance as well as the ability of flexible reporting based on line-items instead of pre-aggregated totals?

  • A. No
  • B. Yes

Answer: B

 

NEW QUESTION 30
Which actions perform a functional FI/CO key user in a CentralFinance project? Note: There are 3 correct answers to this question.

  • A. System setup of the SLT replication
  • B. User acceptance testing
  • C. Assign roles and authorizations to end users
  • D. Create incidents
  • E. Business process validations

Answer: B,C,E

 

NEW QUESTION 31
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 32
What must you configure to directly access an SAP HANA analytic view using SAP BusinessObjects Analysis edition for Microsoft Office?

  • A. Pre-delivered MODELING role
  • B. RFC connection
  • C. SAP HANA Direct Extractor Connection (DXC)
  • D. System DSN

Answer: D

 

NEW QUESTION 33
In an analytic view, you need two different logical joins from the data foundation to an attribute view. The analytic view already contains the attribute view but you have to use the attribute view again. To which of the following do you connect the second join? (Choose two.)

  • A. To a copy of the attribute view
  • B. To a shared attribute view
  • C. To a new instance of the attribute view
  • D. To a derived attribute view

Answer: A,D

 

NEW QUESTION 34
......


SAP C-S4FCF-2020 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Define centralization of finance operations
  • Describe technical communications modes and processes
  • Determine the SAP S/4HANA Central Finance pilot approach
Topic 2
  • Describe how to set a filter for the initial load of Cost Object
  • Describe the general concepts and capabilities of SAP MDG, central governance
Topic 3
  • Define validation and reconciliation in Central Finance
  • Descript AIF as interface and monitoring for Central Finance
  • Perform reconciliation reports in Central Finance
Topic 4
  • Define logical system or logical system name, message type, and distribution model
  • Explain business scenarios and the business hierarchy used by SAP
Topic 5
  • Configure the scope for the initial load of FI/CO posting
  • Define decimal places for currencies
Topic 6
  • Describe MDG function in Central Finance for master harmonization
  • Set filter for the initial load of CO internal posting, and resolve errors of CO internal posting initial load
Topic 7
  • Configure central payments and central down payments
  • System Landscape Transformation Server (SLT)
Topic 8
  • Resolve errors of cost object initial load. Execute initial load of FI/CO postings
  • Describe AR/AP reporting in Central Finance
Topic 9
  • Define the change enablers and key success factors
  • Corporate Finance Processes supported by Central Finance
Topic 10
  • Resolve errors of FI/CO posting initial load
  • Describe intercompany reconciliation in Central Finance
Topic 11
  • Define options to SAP S/4HANA Central Finance Architecture links source systems to the central finance system
  • Activate and configure the default processes for MDG. Define MDG data models
Topic 12
  • Describe prerequisites to activate real time replication
  • Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED)
Topic 13
  • Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments
Topic 14
  • Describe the required organizational change with SAP S/4HANA Central Finance
  • Explain the document flow functionality of Central Finance
Topic 15
  • Determine the stakeholders involved in a Central Finance project
  • Describe MDG central governance and mass processing
Topic 16
  • Determine open item management in Central Finance
  • Perform document drill back from target system to source system

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