[Dec-2021] Pass C_S4FCF_2020 Exam in First Attempt UpdatedC_S4FCF_2020 DumpsFree Exam Question
SAP Certified Application Associate Dumps C_S4FCF_2020 Exam for Full Questions - Exam Study Guide
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| System Integration Concepts | 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. S4F61 (SAP S/4HANA 2020) | < 8% |
| 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% |
| 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% |
| Run Phase in Central Finance | 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. S4F60 (SAP S/4HANA 2020) | < 8% |
| 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% |
| 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% |
| 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% |
| 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% |
| SAP Master Data Governance | 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. S4F601 (SAP S/4HANA 1909) | > 12% |
| System Landscape Transformation Server (SLT) | 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. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
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 31
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 32
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 33
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 34
Which objects uses a directRFC connection for the initial load?
- A. Internal order
- B. Internal CO document
- C. Cost center
- D. FI/CO document
Answer: D
NEW QUESTION 35
You create a role with the following command: CREATE ROLE "InfoUser". When you try to assign this role to user PETER with the following command: GRANT InfoUser to PETER you receive an error message "Invalid user privilege: INFOUSER". What must you do to avoid this problem? (Choose three.)
- A. Grant the role the WITH ADMIN OPTION.
- B. Grant the role with the command GRANT "InfoUser" to PETER.
- C. Recreate user PETER with GRANT OPTION.
- D. Recreate the role with the command CREATE ROLE INFOUSER.
- E. Recreate the role with the command CREATE ROLE InfoUser.
Answer: B,D,E
NEW QUESTION 36
Which transactions can you use to drill back to the source document? Note: There are 2correct answers to this question.
- A. SLT monitor (LTRC)
- B. Change document display (FSCD)
- C. CO document display (KSB5)
- D. Fl document display (FB03)
Answer: A,D
NEW QUESTION 37
What the recommended naming convention when you define a logical system name in Central Finance.
- A. System ID;"CLNT"; client number
- B. System ID;" CLNT";company code
- C. "CLNT";client number; system ID
- D. System ID;companycode;client number
Answer: A
NEW QUESTION 38
On which organizational level do you maintain PCA in SAP S/4HANA?
- A. Controlling area
- B. Operating concern
- C. Company code
- D. Financial statement version
Answer: A
NEW QUESTION 39
Which information model can you use with measures from multiple fact tables?
- A. Analytic view
- B. Calculation view
- C. Attribute view
- D. Analytic privilege
Answer: B
NEW QUESTION 40
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 41
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. System privileges
- B. Package privileges
- C. Analytic privileges
- D. Object privileges
Answer: B,D
NEW QUESTION 42
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. Replaces the customer master and vendor master with business partners
- C. Checks for duplicates of business partner, customer master, and vendor master
- D. Integrates the business partner, customer master, and vendor master
Answer: A,D
NEW QUESTION 43
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 44
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 45
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 46
By which customizing entity is the mapping determined for the CO-PA COGS split?
- A. Splitting schemaof the source system
- B. Costing sheet of the source system
- C. Settlement rule of the Central Finance system
- D. Cost component structure of the Central Finance system
Answer: D
NEW QUESTION 47
What must you do to reset the initial load? Note: There are 2 correct answers to the question.
- A. Clear the migration log in the source system
- B. Stop the data extraction in the target system
- C. Delete all entries in the CFINSOURCE_SET table in the source system
- D. Delete transactional data in the target system
Answer: C,D
NEW QUESTION 48
Which event triggers the transfer of COGS to the Central Finance system?
- A. Sales order creation
- B. Invoice receipt
- C. Production order settlement
- D. Goods delivery
Answer: D
NEW QUESTION 49
Which checks of the consistency check report (RFINDEX) does SAP recommend you to execute? There are 3 correct answers to this question.
- A. Documents against indexes
- B. Documents against transaction figures
- C. Documents against ledger
- D. indexes transaction figures
- E. Indexes against ledger
Answer: A,B,D
NEW QUESTION 50
Two attribute views in the same analytic view contain the same column name: the ID from the Customer attribute view and the ID from the Product attribute view. In the output, the system automatically renamed one column to ID_1. You want to indicate that ID_1 originated from the Product attribute view by renaming it to ID_PRODUCT. Where in the attribute properties of ID_1 can you change this? (Choose two.)
- A. In the alias name
- B. In the label
- C. In the alias label
- D. In the name
Answer: A,C
NEW QUESTION 51
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