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SAP C_S4FCF_2023 Exam Questions

SAP C_S4FCF_2023 Exam Questions Answers

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

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SAP C_S4FCF_2023 Sample Questions – Free Practice Test & Real Exam Prep

Question #1

What do you assign to the logical system as part of the technical configuration of Central Finance? 

  • A. RFC destination
  • B. System name
  • C. Client ID
  • D. Company code
Answer: A
Question #2

You prepare the FI/CO initial load. For which type of accounts must you create a substitutionaccount?

  • A. Non-operating expense or income accounts 
  • B. Asset reconciliation accounts 
  • C. Open item managed accounts 
  • D. Tax accounts 
Answer: C
Question #3

Which actions are performed by a Functional FI/CO key user in a Central Finance Project? Note: There are 3 correct answers to this question.

  • A. Design blueprints
  • B. Participate in training
  • C. Create incidents
  • D. User acceptance testing
  • E. Assign security roles and authorizations to end users
Answer: B, D, E 
Question #4

In which system must you clear replicated FI documents? Note: There are 2 correct answers to this question.

  • A. Central Finance system
  • B. Application Interface Framework system
  • C. Source system
  • D. SAP Landscape Transformation system
Answer: A, C 
Question #5

What is a 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 isrequired.
  • B. Differences in decimal places for currencies in source and Central Finance systems have no impacton documents posting in the Central Finance system.
  • C. All currencies are assumed to have the same number of decimal places in both the source systemand the Central Finance system.
  • D. For any currencies with differing numbers of decimal places, enter the number of decimal placesas defined in the Central Finance system.
Answer: D 
Question #6

What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note:There are 2 correct answers to this question.

  • A. Availability of duplicates
  • B. Validation of mapping action
  • C. Existence of 1:n mappings
  • D. Mapping completeness
Answer: AC 
Question #7

What are the implications when you activate Central Payment functionality? Note: There are 2correct answers to this question.

  • A. Credit limits must be maintained at the business partner level in the source system.
  • B. The central system becomes the book of record.
  • C. Invoices posted in the source system are technically cleared.
  • D. Central Payment is not possible for third-party systems.
Answer: C, D 
Question #8

SAP Master Data Governance is installed in a Central Finance landscape. What are the main features?Note: There are 3 correct answers to this question.

  • A. It is used to maintain and perform business mapping.
  • B. It only provides consolidation for business partners, customers, and vendors.
  • C. It provides distribution of key and value mapping from the SAP ERP source system to CentralFinance.
  • D. It provides central creation, change, and distribution of master data.
  • E. It can be deployed in the Central Finance system or as a master data hub.
Answer: C, D, E

Question #9

With central budgeting for internal orders, where is the availability check executed? 

  • A. In both the target and the source system
  • B. In the System Landscape Transformation (SLT)
  • C. In the target system only
  • D. In the source system only
Answer: C 
Question #10

Which of the following is a feature of asynchronous communication? 

  • A. The receiving system does not have to be available when a function call is dispatched.
  • B. This form of communication uses a single function call.
  • C. SAP SHANA must be active on the sending systems and the receiving systems.
  • D. It can be implemented in function calls that require an immediate return of data to the sendersystem.
Answer: A 
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