SAP C_S4FCF_2023 Exam Practice Test Instant Access

Question 1

What are the features of the Accounting View of Logistics (AVL) information in Central Finance?

Note: There are 3 correct answers to this question.

AAVL information is available for real-time replication only.

BBusiness mapping is supported for AVL replication.

CAll information from the logistics document is transferred.

DLogistics information is replicated (example: sales order).

EReplication is executed via SLT.

Answer : A, D, E

Detailed Explanation: In Central Finance, the Accounting View of Logistics (AVL) enables the replication of logistics data to support financial reporting. AVL information is available only for real-time replication, meaning it mirrors data as it happens. Additionally, logistics information such as sales orders can be replicated to Central Finance for enhanced reporting. The replication process is executed through SAP Landscape Transformation (SLT) to ensure the consistency and timeliness of data.

Question 2

Which transactions can you use to drill back to the source document?

Note: There are 2 correct answers to this question.

ACO document display (KSB5)

BFI document display (FB03)

CChange document display (FSCD)

DSLT monitor (LTRC)

Answer : A, B

Detailed Explanation: In Central Finance, you can use CO document display (KSB5) and FI document display (FB03) to drill back to the original source documents, enabling detailed analysis of financial data.

Question 3

Which of the following tasks can you perform using the SAP Application Interface Framework?

Note: There are 3 correct answers to this question.

ACorrect data directly without special authorization

BView a message summary based on the interface

CChange the name of a field

DChange the color of a message status

ENavigate from an error message to the associated SAP transaction code

Answer : C, D, E

Detailed Explanation: The SAP Application Interface Framework (AIF) is designed to handle errors in data integration between systems, especially in the Central Finance context. It allows users to change field names and adjust message status colors to provide clarity during error handling. Additionally, users can navigate from error messages directly to related SAP transaction codes, facilitating error correction. These functionalities enhance user interaction and efficiency in troubleshooting data replication issues.

Question 4

What are the features of Shared Services Framework with Central Finance?

Note: There are 2 correct answers to this question.

AIt allows a comparative harmonized view for corporate reporting.

BIt is the service management platform for global business service organizations.

CIt simplifies consolidations.

DIt centralizes all service-relevant transactional activities.

Answer : B, D

Detailed Explanation: The Shared Services Framework in Central Finance acts as a service management platform for global business service organizations and centralizes all service-relevant transactional activities, ensuring streamlined processes and efficiency across services.

Question 5

You are performing a CO initial load. For which objects can you use simu-lation functionality?

Note: There are 2 correct answers to this question.

ACO documents

BWBS elements

CCost centers

DCost objects

Answer : A, D

Detailed Explanation: When performing a CO initial load, simulation functionality can be used for CO documents and Cost objects. This allows for a preview of how these objects will be replicated in the Central Finance system before the actual data load.

Question 6

What type of checks does the Master Data Governance (MDG) mapping tool perform when uploading mapping entries?

Note: There are 2 correct answers to this question.

AValidation of mapping action

BAvailability of duplicates

CExistence of 1
mappings

DMapping completeness

Answer : B, C

Detailed Explanation: The Master Data Governance (MDG) tool in Central Finance performs checks such as availability of duplicates to prevent redundant data entries and verifies the existence of 1

mappings, ensuring that multiple source entries can map correctly to a single target entry. These checks maintain data integrity during the mapping process.

Question 7

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

Note: There are 2 correct answers to this question.

AYou can manage intercompany reconciliation using alerts and analytics.

BYou can assign documents based on predefined customized rules.

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

DYou can standardize payment processes.

Answer : A, C

Detailed Explanation: Using alerts and analytics in Central Finance simplifies managing intercompany reconciliations, making it easier to resolve discrepancies in real time. Additionally, eliminating long-running batch jobs improves efficiency, as the reconciliation data is directly available without complex processing steps.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance C_S4FCF_2023 Exam Practice Test