C_S4FCF_2021 Online Practice Questions and Answers

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 Central Finance.

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.

You are explaining the architectural concept of Central Finance to a customer. Which SLT objects are used during replication from both ABAP and non-ABAP systems? Note: There are 2 correct answers to this question.

A. Logging table

B. Mapping and Transformation engine

C. Reading engine

D. Database trigger

Which field can be appended to the package key used in the initial load of balances?

A. Segment

B. Cost Center

C. Functional Area

D. Profit Center

Which objects are part of Key Mapping? Note: There are 3 correct answers to this question.

A. Cost center

B. WBS element

C. Company code

D. Customer

E. Tax code

A customer has a non-SAP source system with runtime-database license. Which SLT scenario must be used for Central Finance implementation?

A. Application-based replication

B. Non-SAP

C. Business integration

D. Data-based replication

What is the recommended naming convention when you define a logical system name in Central Finance?

A. System ID; "CLNT"; client number

B. "CLNT"; client number; system ID

C. System ID; "CLNT"; company code

D. System ID; company code; client number

Which transactions can you use to drill back to the source document? Note: There are 2 correct answers to this question.

A. CO document display (KSB5)

B. SLT monitor (LTRC)

C. Change document display (FSCD)

D. FI document display (FB03)

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

Which delta data categories are replicated in real time from SLT to the Central Finance system? Note: There are 2 correct answers to this question.

A. Delete

B. Exclude

C. Reconcile

D. Add

Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

A. Messages can be assigned to SAP transaction codes

B. Data correction is possible for all fields

C. Role-based overview for business users

D. Message severity can be changed

E. Field labels can be shown with customized text