Nov-2021 SAP C-S4FCF-2020 Certification Real 2021 Mock Exam
C-S4FCF-2020 Exam Questions and Valid PMP Dumps PDF
SAP S/4HANA Central Finance Certification Exam Details:
| Reference Books | S4F601 (SAP S/4HANA 1909) S4F60 (SAP S/4HANA 2020) S4F61 (SAP S/4HANA 2020) S4F60 (SAP S/4HANA 1909) S4F61 (SAP S/4HANA 1909) S4F601e |
| Exam Price | $550 (USD) |
| Duration | 180 mins |
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
| Level | Associate |
| Schedule Exam | SAP Training |
| Exam Code | C_S4FCF_2020 |
| Sample Questions | SAP S/4HANA Central Finance Certification Sample Questions |
| Passing Score | C_S4FCF_2020 - 64% C_S4FCF_1909 - 66% |
| Number of Questions | 80 |
SAP C-S4FCF-2020 Exam Description:
The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020)' certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project's success right away. This certificate is the ideal starting point for a career as a Central Finance consultant.
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
NEW QUESTION 21
Which of the following are domains of SAP Master Data Governance? Note: There are 3 correct answers to this question.
- A. Manufacturing
- B. Finance
- C. Material
- D. Logistics
- E. Business partner, including customer and vendor
Answer: B,C,E
NEW QUESTION 22
Which open item management scenario option is available for Central Payment?
- A. Replicating open items and clearing status to Central Finance
- B. Replicating open items with an automatically technical clearing in Central Finance
- C. Replicating open items and clearing status in both directions
- D. Replicating open items with an automatically technical clearing in source system
Answer: D
NEW QUESTION 23
You prepare the FICO initial load. For which account types must you create a substitution account.
- A. Tax accounts
- B. Non open item managed accounts
- C. Reconciliation accounts
- D. Open item managed accounts
Answer: C,D
NEW QUESTION 24
Which tool must you useto view FI/CO initial load errors?
- A. Application Interface Framework monitor
- B. Application log
- C. SAP LT replication server cockpit
- D. Migration cockpit
Answer: A
NEW QUESTION 25
What is the propose of a change request in SAP Master Data Governance, Finance (MDG-F)? There are 2 correct answers to the question.
- A. Dates and control the process flow according to the defined change request type
- B. Replicates master data to maintenance systems
- C. Transports changed customizing settings
- D. Acts as a container for new and changed master data
Answer: A,C
NEW QUESTION 26
Which objects uses a directRFC connection for the initial load?
- A. Internal CO document
- B. Internal order
- C. FI/CO document
- D. Cost center
Answer: C
NEW QUESTION 27
In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names. What does this indicate about the configuration of the profit centers?
- A. They are defined in separate company codes.
- B. They are defined in separate controlling areas.
- C. They are assigned to different functional areas.
Answer: B
NEW QUESTION 28
Why do you call S/4 HANA an Agile approach?
- A. Because of index /total tables removed.
- B. Because of new Account based COPA.
- C. Because of New Cash Management.
- D. Because of Real time process.
Answer: D
NEW QUESTION 29
What must you do to reset the initial load? Note: There are 2 correct answers to the question.
- A. Delete transactional data in the target system
- B. Delete all entries in the CFINSOURCE_SET table in the source system
- C. Stop the data extraction in the target system
- D. Clear the migration log in the source system
Answer: A,B
NEW QUESTION 30
Which of the following steps are key factors for a successful Central Finance implementation? (Choose two.)
- A. Migrate from a two-tier architecture to a three-tier architecture.
- B. Involve business process owners during system design.
- C. Reorganize source systems.
- D. Define strong master data governance processes.
Answer: B,D
NEW QUESTION 31
Which reporting tool can you use to display native parent-child hierarchies from SAP HANA?
- A. SAP BusinessObjects Analysis, edition for Microsoft Office
- B. SAP BusinessObjects Weblntelligence
- C. SAP BusinessObjects Analysis, edition for OLAP
- D. Microsoft Excel
Answer: D
NEW QUESTION 32
What must be configured so it can be carried out when accounting documents from source systems are posted into the Central Finance system?
- A. Data mapping
- B. The sender and receiver to be assigned to the same profit center
- C. The PA transfer structure of the order
- D. The system and the user status
Answer: B
NEW QUESTION 33
Replicating data from a non-ABAP source system is similar to replicating data from ABAP systems. Which generated objects of both scenarios are in the source system? Note: There are 2 correct answers to this question.
- A. Logging table
- B. Database trigger
- C. Reading engine
- D. Mapping and Transformation engine
Answer: B,C
NEW QUESTION 34
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 35
You need to harmonize data with the business mapping capability ofSAP Master Data Governance. Which mapping capabilities do you have? Note: There are 2 correct answers to this question.
- A. Map IDs/master data between different object types
- B. Map codes/customizing within the same object type
- C. Map IDs/master data within the same object type
- D. Map codes/customizing between different object types
Answer: B,C
NEW QUESTION 36
Which valuation approaches are supported in the COGS split? Note: There are 3 correct answers to the question.
- A. Foreign currency valuation
- B. Inventory valuation
- C. Legal valuation
- D. Profit center valuation
- E. Group valuation
Answer: C,D,E
NEW QUESTION 37
Finish the statement.
S4 HANA technical & business values are:
(Choose two.)
- A. Lower Throughput.
- B. Full flexibility.
- C. Less Agility.
- D. Reduced data footprint.
Answer: B,D
NEW QUESTION 38
In the profit center assignment to a cost center, you get an error. What is the cause?
- A. Profit center lock indicator had been set.
- B. Profit center validity is within the cost center validity.
- C. Cost center validity is outside the profit center validity.
Answer: C
NEW QUESTION 39
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