C-S4FCF-2020 Dumps To Pass SAP Certified Application Associate Exam in One Day (Updated 82 Questions)
C-S4FCF-2020 Exam Brain Dumps - Study Notes and Theory
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
NEW QUESTION 28
What are the implications when you activate Central Payment? Meta: There are 2 correct answers to this question.
- A. Credit Management mustbe activated
- B. There are restrictions in tax reporting
- C. Tax reports must be executed in the Central Finance system.
- D. Central Payment is NOT possible for third party systems
Answer: C,D
NEW QUESTION 29
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 30
Which of the following sequences of steps is required before you can create a report on an analytic view using replicated SAP ERP data?
- A. Set up replication from ERP -> Create an analytic view -> Create analytic privileges -> Create a business layer
- B. Create a business layer -> Set up replication from ERP -> Create an analytic view -> Create analytic privileges
- C. Create an analytic view -> Set up replication from ERP -> Create analytic privileges -> Create a business layer
- D. Create an analytic view -> Create analytic privileges -> Set up replication from ERP -> Create a business layer
Answer: A
NEW QUESTION 31
Your customer has the following reporting requirements:
* Real-time profitability reporting on large-scale data volumes
* On-the-fly analysis of profitability data at any level of granularity, aggregation, and dimension
* Cost allocation reports with significantly faster processing time
Which application do you recommend?
- A. SAP Bank Analyzer with SAP HANA
- B. SAP Deposits Management with SAP HANA
- C. SAP HANA CO-PA Accelerator
- D. SAP HANA for Banking
Answer: C
Explanation:
Explanation
NEW QUESTION 32
Finish the statement.
SAP S4 HANA is:
(Choose all that apply.)
- A. Simplified Data model.
- B. Advanced processing.
- C. Multitenancy.
- D. New User Experience.
- E. Choice of deployment.
Answer: A,B,C,D,E
NEW QUESTION 33
For which SAP HANA data types is a FULLTEXT index created automatically during table creation? (Choose two.)
- A. TEXT
- B. SHORTTEXT
- C. VARCHAR
- D. NCLOB
Answer: A,B
NEW QUESTION 34
Which mapping can also create the necessary master data automatically in Central Finance?
- A. Cost object mapping
- B. Mapping of source systems
- C. Value mapping
- D. Key mapping
Answer: A
NEW QUESTION 35
Which CE function do you use to implement an inner join between two tables on a list of join attributes?
- A. CE_OLAP_VIEW
- B. CE_JOIN
- C. CE_COLUMN_TABLE
- D. CE_JOIN_VIEW
Answer: B
NEW QUESTION 36
An analytic view has two columns, SHIP_TO_COUNTRY and SHIP_FROM_COUNTRY, that contain ISO country codes. You must replace these codes with the English country names by joining to the same country attribute view twice. What must you create to achieve this?
- A. A shared attribute view
- B. A derived attribute view
- C. An attribute view using the Copy From method.
- D. Two data foundations
Answer: B
NEW QUESTION 37
What does the MDG Mapping Tool check while you upload values? Note: There are 2 correct answers to the question.
- A. Availability of duplicates
- B. Mapping completeness.
- C. Existence of 1:n mappings
- D. Sufficient performance
Answer: A,C
NEW QUESTION 38
Which actions can trigger replication from the source system to Central Finance? Note: there are 3 correct answers to this question.
- A. Clear open items
- B. Captureparked documents
- C. Acquire fixed asset
- D. Change in financial documents
- E. Create down payments
Answer: A,D,E
NEW QUESTION 39
What are the considerations to configure decimal places in the central finance system landscape?
- A. Differences in decimal places for currencies in source and central finance systems have no impact on documents posting in Central Finance system.
- B. The currency exchange rateswill take care of any differences in decimal places, thus no action is required.
- C. Enter the number of decimal places in the source system as defined in the central finance system.
- D. Enter the number of decimal places in the central finance system as defined in the source system.
Answer: A
NEW QUESTION 40
Parallel valuations multi-valuation ledger updates multiple ledgers. Is it true or false?
- A. False
- B. True
Answer: A
NEW QUESTION 41
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 42
Which activities must you complete before you can activate real-time replication? Nate: There are 2 correct answers to this question.
- A. Delete the extract of the initial load data.
- B. Configure the VCFIN SOURCE_SET view in the corresponding source systems.
- C. Configure the Application Interface Framework
Answer: A,B
NEW QUESTION 43
You want to design a model in SAP HANA. Which of the following modeling constructs do you use to create an analytic view? (Choose three.)
- A. Attribute views
- B. Analytic views
- C. Join types
- D. User privileges
- E. Tables
Answer: A,C,E
NEW QUESTION 44
Fast multi-dimensional reporting on the Universal Journal is possible without replicating data to Bl. If Bl is in place, one single Bl extractor is needed.
Are these statements correct?
- A. No
- B. Yes
Answer: B
NEW QUESTION 45
What is correct about document number generation for large postings in S/4 HANA?
- A. The system gives error message >999 line items postings.
- B. There is no limitation and post max 6 digits numbers at a time.
- C. It creates new document number >999 line items automatically.
Answer: C
NEW QUESTION 46
What can analyze existing master data in the various source systems and - based on rules that can be configured - can come up with proposals for which master data in the source system should be mapped to which master data in the Central Finance system?
- A. Consumption posting indicator: E Special stock: Blank
- B. Account assignment category: E Special stock: E
- C. Using Master Data Governance, Consolidation
- D. Consumption posting indicator: Blank Special stock: E
Answer: D
NEW QUESTION 47
Which object are part of value mapping? Note: There are 3 correct answers to this question.
- A. G/L accounts
- B. Vendors
- C. Documents types
- D. Tax codes
- E. Company codes
Answer: C,D,E
NEW QUESTION 48
......
C-S4FCF-2020 Dumps PDF - Want To Pass C-S4FCF-2020 Fast: https://www.pass4training.com/C-S4FCF-2020-pass-exam-training.html
