2021 Valid C_S4FCF_2020 Exam Updates - 2021 Study Guide
C_S4FCF_2020 Certification - The Ultimate Guide [Updated 2021]
C_S4FCF_2020 Exam Certification Details:
| Cut Score: | 64% |
| Level: | Associate |
| Sample Questions: | SAP C_S4FCF_2020 Exam Sample Question |
| Duration: | 180 mins |
| Exam: | 80 questions |
| Languages: | German, English |
NEW QUESTION 14
Finish the statement.
S4 HANA technical & business values are:
(Choose two.)
- A. Lower Throughput.
- B. Less Agility.
- C. Reduced data footprint.
- D. Full flexibility.
Answer: C,D
NEW QUESTION 15
Which detail settings can you define for classic Profit Center Accounting (EC-PCA) postings in Central Finance? (Choose three.)
- A. Fiscal year variant
- B. Offsetting account for one-sided EC-PCA posting
- C. Posting key
- D. Dedicated ledger group
- E. Separate document type
Answer: B,D,E
NEW QUESTION 16
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.
- A. logical system
- B. Functional area
- C. Company codes
- D. Profit center
Answer: A,C
NEW QUESTION 17
On which level can you maintain and differentiate global data types duringvalue mapping? Note: There are 3 correct answers to this question.
- A. Company code
- B. Validity date
- C. Client
- D. List ID
- E. Source system
Answer: A,D,E
NEW QUESTION 18
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. Using Master Data Governance, Consolidation
- B. Consumption posting indicator: E Special stock: Blank
- C. Account assignment category: E Special stock: E
- D. Consumption posting indicator: Blank Special stock: E
Answer: D
NEW QUESTION 19
You need to retrieve data from SAP HANA that is restricted to a certain region and specific users. How can you implement this security strategy?
- A. By assigning SQL privileges to the necessary users
- B. By assigning Package privileges to the necessary users
- C. By assigning Analytic privileges to the necessary users
- D. By assigning System privileges to the necessary users
Answer: C
NEW QUESTION 20
Which source systems require dedicated staging tables on SAP Landscape Transformation? Note: There are 3 correct answers to this question.
- A. Non SAP ERP system
- B. SAP ECC 6.0 on SAP HANA
- C. SAP Business by Design
- D. SAP Business One
- E. SAP ECC 6.0 on non-SAP HANA database
Answer: A,C,D
NEW QUESTION 21
What are three main interfaces that feed data from source systems in Central finance? (Choose three.)
- A. An interface for replicating certain cost objects.
- B. An interface for reposting of FI/CO Postings.
- C. An interface for reposting of CO Postings.
- D. An interface for recreation only master data.
Answer: A,B,C
NEW QUESTION 22
What specific mapping actions can you define for each business partner? Note: There are 3 correct answers to the question.
- A. Summarized date
- B. Mapping if authorized
- C. Mapping if possible
- D. Mapping obligatory
- E. Clear data
Answer: C,D,E
NEW QUESTION 23
What does the MDG Mapping Tool check while you upload values? Note: There are 2 correct answers to the question.
- A. Sufficient performance
- B. Availability of duplicates
- C. Existence of 1:n mappings
- D. Mapping completeness.
Answer: B,C
NEW QUESTION 24
With Universal Journal, one line item table is with full detail for all components. Data was stored only once, so no reconciliation was needed by architecture, and reduction of memory footprint through elimination of redundancy.
Are these statements correct?
- A. Yes
- B. No
Answer: A
NEW QUESTION 25
Select the correct statements:
(Choose all that apply.)
- A. Material ledger document numbers is not dependent from the organizational unit (e.g. company code).
- B. Fi document (Universal JE) document is fiscal year and company code dependent.
- C. CO document numbers is not year dependent.
Answer: A,B,C
NEW QUESTION 26
What must be configured so it can be carried out when accounting documents from source systems are posted into the Central Finance system?
- A. The PA transfer structure of the order
- B. The sender and receiver to be assigned to the same profit center
- C. The system and the user status
- D. Data mapping
Answer: B
NEW QUESTION 27
Two attribute views in the same analytic view contain the same column name: the ID from the Customer attribute view and the ID from the Product attribute view. In the output, the system automatically renamed one column to ID_1. You want to indicate that ID_1 originated from the Product attribute view by renaming it to ID_PRODUCT. Where in the attribute properties of ID_1 can you change this? (Choose two.)
- A. In the label
- B. In the alias name
- C. In the alias label
- D. In the name
Answer: B,C
NEW QUESTION 28
On which document is the new profitability analysis in the universal journal based on?
- A. Costing based CO-PA document
- B. Profit center accounting document
- C. Sales document
- D. Financial document
Answer: D
NEW QUESTION 29
Which objects uses a directRFC connection for the initial load?
- A. Cost center
- B. Internal order
- C. Internal CO document
- D. FI/CO document
Answer: D
NEW QUESTION 30
Which technicalconfiguration activities must you perform to set up the Central Finance system? Note: There are 3 correct answers to this question.
- A. Define the logical system for the source system.
- B. Assign the RFC destination in the source system
- C. Configure the ISO codes for the currencies.
- D. Activate the centralfinance business function.
- E. Set up the RFC destination for the source system.
Answer: A,D,E
NEW QUESTION 31
SAP offers a new transaction number for every 999 document lines. Is this statement correct?
- A. Yes
- B. No
Answer: A
NEW QUESTION 32
Where do you execute the variance calculation in a central finance scenario?
- A. In the targetsystem after order settlement
- B. In the source system before order settlement
- C. In the target system before order settlement
- D. In the source system after order settlement
Answer: B
NEW QUESTION 33
How can you create a computed column in an information model? (Choose two.)
- A. Create a restricted measure in a calculation view.
- B. Create a calculated attribute within a calculation view.
- C. Create a counter in an analytic view.
- D. Create a restricted measure in an analytic view.
Answer: B,D
NEW QUESTION 34
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 RFC connection
- B. The name of the replication configuration
- C. The name of the secondary database connection
- D. The name of the source system schema
Answer: B
NEW QUESTION 35
Finish the statement.
SAP S4 HANA is:
(Choose all that apply.)
- A. Advanced processing.
- B. Multitenancy.
- C. Choice of deployment.
- D. New User Experience.
- E. Simplified Data model.
Answer: A,B,C,D,E
NEW QUESTION 36
Which tasks can you perform with the data provisioning view in the SAP HANA studio? (Choose two.)
- A. Suspend replication of tables
- B. Filter replicated data
- C. Start replication of tables
- D. Apply data transformations
Answer: A,C
NEW QUESTION 37
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SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
| 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% |
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