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C_S4FCF_2021 Online Practice Questions and Answers

Questions 4

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

A. Financial planning data

B. Profit center hierarchies

C. Fixed asset master

D. General ledger accounts

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Questions 5

What actions can you run in the Application Interface Framework (AIF) of the Central Finance system to support business users? Note: There are 2 correct answers to this question.

A. Activate multiple error tracking

B. Link SAP transactions to a message

C. Activate emergency error correction in the source system

D. Change error message text

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Questions 6

Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are 2 correct answers to this question.

A. Request-based down payment in the amount of the difference

B. Dispute case for the clarification of payment differences

C. Promise to pay agreements created from a collection worklist

D. Alerts of intercompany reconciliation for automatic clearing of remaining receivables

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Questions 7

Which of the following System Landscape Transformation (SLT) staging tables should be populated to connect third-party legacy systems to the Central Finance system? Note: There are 3 correct answers to this question.

A. Header table

B. Debit and credit items table

C. Product tax items table

D. Cost object items table

E. Customer line items table

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Questions 8

Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.

A. Release project definition

B. Create settlement rules

C. Create down payments

D. Create G/L account

E. Create EC-PCA postings

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Questions 9

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

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Questions 10

What are the prerequisites for SAP Landscape Transformation configuration before the initial load? Note: There are 2 correct answers to this question.

A. Set up RFC destinations.

B. Create a technical user.

C. Assign replication objects to the logical system.

D. Create database connections.

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Questions 11

Which of the following are benefits of Dispute Management with Central Finance? Note: There are 2 correct answers to this question.

A. It enables cross-department dispute resolution.

B. It organizes all information and documents related to a dispute case page.

C. It calculates credit limits.

D. It assigns risk categories

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Questions 12

Which source systems require dedicated staging tables on SLT? Note: There are 3 correct answers to this question.

A. SAP Business One

B. SAP ECC 6.0 on SAP HANA

C. Non-SAP ERP system

D. SAP ECC 4.6

E. SAP Business by Design

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Questions 13

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. Product Cost Collector

B. Service Order

C. QM Order

D. Cost Center

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Exam Code: C_S4FCF_2021
Exam Name: SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)
Last Update: May 29, 2026
Questions: 80
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