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Valid C-S4FCF-2023 Exam Guide - C-S4FCF-2023 Exam Quizzes

TestBraindump's web-based SAP C-S4FCF-2023 practice test also contains mock exams just like the desktop practice exam software with some extra features. As this is a web-based software, this is accessible through any browser like Opera, Safari, Chrome, Firefox and MS Edge with a good internet connection. SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance (C-S4FCF-2023) practice test is also customizable so that you can easily set the timings and change the number of questions according to your ease.

SAP C-S4FCF-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
Topic 3	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 4	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 5	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.
Topic 6	Real-time Replication in Central Finance: In this domain, the focus is given to necessary prerequisites for implementing real-time replication, initiation of the replication process, methods for error correction, the functionality of document flow, and the capability to drill back from the target system to the source system.
Topic 7	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 8	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 9	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.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q65-Q70):

NEW QUESTION # 65
You want to set up the Central Finance system. Note: There are 3 correct answers to this question.

A. Assign the logical system for the central finance system.
B. Set up the RFC destination for the source system.
C. Assign the RFC destination in the source system.
D. Configure ISO codes for currencies.
E. Configure decimal places for currencies.

Answer: A,B,C

NEW QUESTION # 66
What is one consideration for handling decimal places in the Central Finance system?

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

Answer: C

Explanation:
Detailed Explanation: In Central Finance, it is critical to ensure that the number of decimal places for currencies is consistent. When there are differences in decimal places between systems, users must enter the decimal place settings as defined in the Central Finance system to avoid rounding errors during financial postings.

NEW QUESTION # 67
Which master data is supported with SAP Master Data Governance Financials (MDG-F)? Note: There are
2 correct answers to this question.

A. Profit center hierarchies
B. General ledger accounts
C. Fixed asset master
D. Financial planning data

Answer: A,B

NEW QUESTION # 68
The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?

A. Sales document
B. Profit center accounting document
C. Costing-based CO-PA document
D. Accounting document

Answer: D

NEW QUESTION # 69
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.

A. EC-PCA documents have to be replicated through ALE.
B. EC-PCA document replication does NOT cover postings done by transaction 1KEL.
C. Error resolution for EC-PCA is carried out using the SAP Application Interface Framework.
D. Central Finance mapping logic is applicable to EC-PCA document replication.

Answer: C,D

NEW QUESTION # 70
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PASS GUARANTEED 2025 SAP - C-S4FCF-2023 FREE STUDY MATERIAL

Pass Guaranteed 2025 SAP - C-S4FCF-2023 Free Study Material