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Free SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance Practice Questions

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Total Questions : 80

Start with our free C_S4FCF_2023 practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real SAP Certified Associate exam. Each C_S4FCF_2023 exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your SAP weak domains, see where you're losing marks, and build a focused study plan in minutes.

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Question # 11

What can you define in the Choose Logical System configuration step of the initial load settings?

Options:

A.  

Start year balances

B.  

Company code

C.  

Package size

D.  

Substitution accounts

Discussion 0
Question # 12

Which mapping type automatically creates the necessary master data in Central Finance?

Options:

A.  

Complex mapping

B.  

Key mapping

C.  

Value mapping

D.  

Cost object mapping

Discussion 0
Question # 13

Which reports can you use to compare details from the source system with the Central Finance system?

Note: There are 3 correct answers to this question.

Options:

A.  

Document count report

B.  

Actual P&L report

C.  

Journal entry analyzer report

D.  

Document comparison report

E.  

Balance comparison report

Discussion 0
Question # 14

What are some of the advantages of using intercompany reconciliations in Central Finance?

Note: There are 2 correct answers to this question.

Options:

A.  

You can manage intercompany reconciliation using alerts and analytics.

B.  

You can assign documents based on predefined customized rules.

C.  

You can eliminate long-running batch jobs for loading the data into Central Finance.

D.  

You can standardize payment processes.

Discussion 0
Question # 15

Which activities must you perform in the source system?

Note: There are 3 correct answers to this question.

Options:

A.  

Carry forward balances.

B.  

Activate central finance business function.

C.  

Configure decimal places for currencies.

D.  

Assign authorizations for an RFC user.

E.  

Maintain the initial load scope.

Discussion 0
Question # 16

What are the implications when you activate Central Payment functionality?

Note: There are 2 correct answers to this question.

Options:

A.  

Invoices posted in the source system are technically cleared.

B.  

Central Payment is not possible for third-party systems.

C.  

The central system becomes the book of record.

D.  

Credit limits must be maintained at the business partner level in the source system.

Discussion 0
Question # 17

You want to set up the Central Finance system.

What technical configuration activities do you need to perform?

Note: There are 3 correct answers to this question.

Options:

A.  

Configure ISO codes for currencies.

B.  

Assign the RFC destination in the source system.

C.  

Assign the logical system for the central finance system.

D.  

Configure decimal places for currencies.

E.  

Set up the RFC destination for the source system.

Discussion 0
Question # 18

Which of the following activities are required to start the initial load of FI/CO postings for the selected company codes from the SAP ECC source system?

Note: There are 2 correct answers to this question.

Options:

A.  

Define the initial load group.

B.  

Configure the VCFIN_SOURCE_SET table in the target system.

C.  

Perform month-end closing in the source system.

D.  

Configure the Substitution Migration Clearing accounts.

Discussion 0
Question # 19

Which types of filters can be applied for SAP System Landscape Transformation (SLT)?

Note: There are 3 correct answers to this question.

Options:

A.  

Interface filter

B.  

Transfer filter

C.  

Role-based filter

D.  

Event-based filter

E.  

Database trigger filter

Discussion 0
Question # 20

You need to map internal orders to dummy WBS elements in Central Finance. Which kind of mapping do you use?

Options:

A.  

Cost object mapping framework

B.  

Master Data Governance (MDG) key mapping

C.  

Complex mapping via BADI

D.  

Master Data Governance (MDG) value mapping

Discussion 0

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