SAP C_S4FCF_2023 Exam Practice Test Instant Access

Question 1

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.

AConfigure ISO codes for currencies.

BAssign the RFC destination in the source system.

CAssign the logical system for the central finance system.

DConfigure decimal places for currencies.

ESet up the RFC destination for the source system.

Answer : C, D, E

Detailed Explanation: Setting up the Central Finance system requires activities like assigning the logical system, configuring decimal places for currencies, and setting up the RFC destination for the source system to enable communication between systems.

Question 2

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

ACost object mapping framework

BMaster Data Governance (MDG) key mapping

CComplex mapping via BADI

DMaster Data Governance (MDG) value mapping

Answer : A

Detailed Explanation: To map internal orders to dummy WBS elements in Central Finance, the Cost object mapping framework is used. This mapping framework ensures proper handling of internal order replication and assignment.

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 encounter an error during replication: General Ledger Account Master ID in field G/L Account could not be mapped.

Which transactions can you use to check the mapping?

Note: There are 3 correct answers to this question.

ASearch Key Mapping (transaction MDG_ANALYSE_IDM)

BDefine Value Mapping (code mapping - transaction CFINIMG-> Maintain Value Mapping)

CManage Key Mapping (transaction MDG_KM_MAINTAIN)

DManage G/L Account (transaction FS00)

EManage Mappings (transaction FINS_CFIN_MAP_MANAGE)

Answer : A, C, E

Detailed Explanation: When encountering an error with G/L account mapping, you can use Search Key Mapping (MDG_ANALYSE_IDM), Manage Key Mapping (MDG_KM_MAINTAIN), and Manage Mappings (FINS_CFIN_MAP_MANAGE) to troubleshoot and correct the mapping issues.

Question 5

Which master data is supported with SAP Master Data Governance Financials (MDG-F)?

Note: There are 2 correct answers to this question.

AProfit center hierarchies

BFinancial planning data

CFixed asset master

DGeneral ledger accounts

Answer : A, D

Detailed Explanation: SAP Master Data Governance Financials (MDG-F) supports master data such as Profit center hierarchies and General ledger accounts. These are essential for maintaining financial data consistency across different systems.

Question 6

Which of the following are domains in SAP Master Data Governance?

Note: There are 3 correct answers to this question.

AMaterial

BBusiness Partner Supplier Customer

CLogistics

DFinance

EManufacturing

Answer : A, B, D

Detailed Explanation: The domains in SAP Master Data Governance include Material, Business Partner Supplier Customer, and Finance, which encompass critical master data areas that need to be governed for consistent and accurate operations.

Question 7

What is the purpose of a change request in SAP Master Data Governance?

Note: There are 2 correct answers to this question.

AIt defines controls the process flow according to the defined change request type.

BIt acts as a container for new or changed master data.

CIt transports changed customizing settings.

DIt replicates master data to maintenance systems.

Answer : A, B

Detailed Explanation: In SAP Master Data Governance (MDG), a change request is used to control the process flow based on the type of change and acts as a container for new or changed master data. This structure ensures proper governance and control over master data changes.

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