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Interactive C-S4FCF-2023 Questions Reliable SAP Certifications | C-S4FCF-2023 New Study Notes

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SAP C-S4FCF-2023 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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

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 5

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 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

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 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

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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q50-Q55):

NEW QUESTION # 50
What must you consider for integration of non-SAP source systems with Central Finance? Note: There are 3 correct answers to this question.

A. There is no preconfigured content to extract data from non-SAP systems.
B. Application Interface Framework (AIF) is used for monitoring.
C. The data is transferred from the non-SAP system to the SLT staging tables.
D. SLT staging tables are the same as for SAP source systems.
E. Real-time replication is not supported for non-SAP source systems.

Answer: A,B,C

NEW QUESTION # 51
What are some of the advantages of using intercompany reconciliations in Central Finance?
Note: There are 2 correct answers to this question.

A. You can standardize payment processes.
B. You can eliminate long-running batch jobs for loading the data into Central Finance.
C. You can assign documents based on predefined customized rules.
D. You can manage intercompany reconciliation using alerts and analytics.

Answer: B,D

Explanation:
Detailed Explanation: Using alerts and analytics in Central Finance simplifies managing intercompany reconciliations, making it easier to resolve discrepancies in real time. Additionally, eliminating long-running batch jobs improves efficiency, as the reconciliation data is directly available without complex processing steps.

NEW QUESTION # 52
What are the features of the SAP Shared Service Framework with Central Finance? Note: There are 2 correct answers to this question.

A. It simplifies consolidations.
B. It centralizes all service-relevant transactional activities.
C. It allows a comparative and harmonized view for corporate reporting.
D. It is the service management platform for global business service organizations.

Answer: B,D

NEW QUESTION # 53
Which service or application does Master Data Governance (MDG) provide to maintain key mappings one by one?

A. SAP GUI transaction
B. Central Finance replication
C. Cost object mapping
D. Web Dynpro application

Answer: D

NEW QUESTION # 54
Which capability supports continuous reconciliation between the sender and the Central Finance system?
Note: There are 3 correct answers to this question.

A. Reconcile using the financial statement
B. Reconcile using the Intercompany reconciliation
C. Reconcile using the RACCT_SENDER field in the ACDOCA table
D. Reconcile using the FI Balance Reconciliation report
E. Reconcile using SAP Advanced Financial Closing

Answer: C,D,E

Explanation:
Detailed Explanation: Continuous reconciliation between the sender system and Central Finance can be supported by SAP Advanced Financial Closing, the RACCT_SENDER field in the ACDOCA table, and the FI Balance Reconciliation report, ensuring accurate data synchronization across systems.

NEW QUESTION # 55
......

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