Valid SAP C-S4FCF-2023 Test Notes & Latest C-S4FCF-2023 Exam Preparation

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SAP C-S4FCF-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 4	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 5	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 6	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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q40-Q45):

NEW QUESTION # 40
What activities are typically performed by operational teams on a daily basis between the source systems the Central Finance system? Note: There are 3 correct answers to this question.

A. Payment methods
B. Authorization updates
C. Exchange rates
D. Internal order mapping
E. Check SAP Application Interface Framework (AIF) monitor

Answer: B,C,E

NEW QUESTION # 41
What are the options for mapping cost objects to internal orders with the cost object mapping framework?
Note: There are 2 correct answers to this question.

A. Service Order
B. QM Order
C. Cost Center
D. Product Cost Collector

Answer: B,D

NEW QUESTION # 42
Which reports can you use to compare details from the source system with the Central Finance system?
Note: There are 3 correct answers to this question.

A. Actual P&L report
B. Journal entry analyzer report
C. Document comparison report
D. Document count report
E. Balance comparison report

Answer: C,D,E

NEW QUESTION # 43
What type of checks does the Master Data Governance (MDG) mapping tool perform when uploading mapping entries? Note: There are 2 correct answers to this question.

A. Existence of 1:n mappings
B. Mapping completeness
C. Availability of duplicates
D. Validation of mapping action

Answer: A,C

NEW QUESTION # 44
Which functions are available in Central Finance to validate the system setup before initial load? Note: There are 3 correct answers to this question.

A. Simulation of postings for FI/CO documents
B. Simulation of mapping for WBS
C. Smoke test functionality for CO secondary postings
D. Smoke test functionality for Cost Objects (AUFK)
E. Simulation of postings for AVL

Answer: A,C,D

NEW QUESTION # 45
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