SAP C_S4FCF_2023 Exam Practice Test Instant Access

Question 1

Which of the following are benefits of using Dispute Management with Central Finance?

Note: There are 2 correct answers to this question.

AIt enables cross-department dispute resolution.

BIt calculates credit limits.

CIt organizes all information and documents related to a dispute case page.

DIt assigns risk categories.

Answer : A, C

Detailed Explanation: Dispute Management in Central Finance allows for cross-department dispute resolution and organizes all information and documents related to a dispute case. This streamlines the resolution process and improves collaboration across departments.

Question 2

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 3

A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations?

Note: There are 3 correct answers to this question.

AThe Central Finance system must query key value mapping information from the SAP Master Data Governance system.

BMaster data is distributed via SAP Master Data Governance to source and target systems.

CSAP Master Data Governance as a master data hub has complete processes (governance and consolidation).

DSAP Master Data Governance is not mandatory for the Central Finance landscape.

EIf SAP Master Data Governance is a standalone system, the source ERP system must query master data key mapping from the Central Finance system.

Answer : B, C, D

Detailed Explanation: When deploying SAP Master Data Governance (MDG) in a Central Finance landscape, key considerations include that master data is distributed to source and target systems, MDG functions as a complete master data hub with governance and consolidation processes, and it is not mandatory for every Central Finance implementation.

Question 4

You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping?

ASource system

BSAP Master Data Governance system

CCentral Finance system

DSAP System Landscape Transformation (SLT)

Answer : C

Detailed Explanation: The mapping of the cost object internal order is maintained in the Central Finance system, as it is responsible for aligning data from the source system to the Central Finance environment.

Question 5

SAP recommends running the consistency check report (RFINDEX) with which options selected?

Note: There are 3 correct answers to this question.

ADocuments against indexes

BIndexes - transaction figures

CDocuments against ledger

DDocuments against transaction figures

EIndexes against ledger

Answer : A, B, D

Detailed Explanation: SAP recommends running the RFINDEX report with the following options selected: Documents against indexes, Indexes - transaction figures, and Documents against transaction figures. This ensures data consistency between the source and target systems during the initial load process.

Question 6

You want to maintain the master data of a cost object that has already been replicated to the Central Finance system. In which system is this performed?

ASource system

BSAP Master Data Governance system

CSAP System Landscape Transformation (SLT)

DTarget system

Answer : B, D

Detailed Explanation: Once the master data of a cost object has been replicated, any further maintenance is performed in both the SAP Master Data Governance (MDG) system and the target system. This ensures that data consistency is maintained across systems.

Question 7

Which field can be appended to the package key used in the initial load of balances?

ASegment

BCost Center

CFunctional Area

DProfit Center

Answer : D

Detailed Explanation: The Profit Center field can be appended to the package key during the initial load of balances in Central Finance to provide additional granularity and organization of the balance data.

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