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Pass Guaranteed 2025 High Hit-Rate SAP C_S4FCF_2023: Reliable SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Test Cost

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SAP C_S4FCF_2023 Exam Syllabus Topics:

Topic
Details

Topic 1

Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.

Topic 2

Initial Load in Central Finance: This section of the exam covers the process of configuring filters for the initial load of Cost Objects, addressing and resolving errors that may arise, executing financial and controlling postings, managing internal CO postings, and conducting reconciliation within the Central Finance system.

Topic 3

System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.

Topic 4

Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.

Topic 5

SAP Master Data Governance: This section of the exam covers the central governance aspects of MDG, techniques for mass processing, fundamental concepts, the process of activating default procedures, and defining the data model structure.

Topic 6

Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.

Topic 7

Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.

Topic 8

System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.

Topic 9

Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q52-Q57):

NEW QUESTION # 52
Which activities must you perform in the source system?
Note: There are 3 correct answers to this question.

A. Carry forward balances.
B. Configure decimal places for currencies.
C. Activate central finance business function.
D. Maintain the initial load scope.
E. Assign authorizations for an RFC user.

Answer: B, D, E

Explanation:
Detailed Explanation: In the source system, you must configure decimal places for currencies, assign authorizations for the RFC user to enable communication with the Central Finance system, and maintain the initial load scope to define the data that will be replicated.

NEW QUESTION # 53
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?

A. Target system
B. Source system
C. SAP Master Data Governance system
D. SAP System Landscape Transformation (SLT)

Answer: A,C

Explanation:
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.

NEW QUESTION # 54
What are the advantages of SLT deployment on a separate instance? Note: There are 3 correct answers to this question.

A. Other systems can be connected without impact on source and Central Finance systems.
B. Other integration scenarios besides Central Finance are possible.
C. SLT has direct access to source and Central Finance systems.
D. There is no impact from update of source and Central Finance systems.
E. No RFC connection is required to source and Central Finance systems.

Answer: A, B, D

NEW QUESTION # 55
What is one consideration for handling decimal places in the Central Finance system?

A. If the currency in Central Finance has fewer decimal places than the sender system rounding is required.
B. All currencies are assumed to have the same number of decimal places in both the source system the Central Finance system.
C. Differences in decimal places for currencies in source Central Finance systems have no impact on documents posting in the Central Finance system.
D. For any currencies with differing numbers of decimal places enter the number of decimal places as defined in the Central Finance system.

Answer: D

NEW QUESTION # 56
Which of the following functions are valid for initial load extraction of FI/CO postings?

A. The source system controls the period fiscal year for balance extraction document extraction.
B. Initial load can be executed only for specific company codes.
C. The target system controls the open items to be extracted from the source system.
D. Migration clearing accounts are maintained for reconciliation accounts.

Answer: A

NEW QUESTION # 57
......

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Matt Parker Matt Parker

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