2022 Updated Verified Pass C-S4FCF-2020 Exam - Real Questions & Answers
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SAP S/4HANA Central Finance Certification Exam Details:
| Exam Code | C_S4FCF_2020 |
| Duration | 180 mins |
| Schedule Exam | SAP Training |
| Exam Price | $550 (USD) |
| Passing Score | C_S4FCF_2020 - 64% C_S4FCF_1909 - 66% |
| Reference Books | S4F601 (SAP S/4HANA 1909) S4F60 (SAP S/4HANA 2020) S4F61 (SAP S/4HANA 2020) S4F60 (SAP S/4HANA 1909) S4F61 (SAP S/4HANA 1909) S4F601e |
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
NEW QUESTION 23
Which of the following are standard characteristics for document splitting? (Choose two.)
- A. Company code
- B. Segment
- C. Functional area
- D. Profit center
- E. Business area
Answer: B,E
NEW QUESTION 24
What is the propose of a change request in SAP Master Data Governance, Finance (MDG-F)? There are 2 correct answers to the question.
- A. Dates and control the process flow according to the defined change request type
- B. Acts as a container for new and changed master data
- C. Transports changed customizing settings
- D. Replicates master data to maintenance systems
Answer: A,C
NEW QUESTION 25
In SAP HANA studio, in which of the following can you create users? (Choose two.)
- A. The Roles node
- B. The Administration console
- C. The SQL editor
- D. The Content node
Answer: B,C
Explanation:
Explanation
NEW QUESTION 26
Finish the statement.
Required installation components for Central Finance are:
(Choose all that apply.)
- A. SAP S/4HANA (ERP with SAP Simple Finance).
- B. SAP HANA Hardware (on-premise, cloud, private cloud) and software (database / appliance).
- C. SAP Business Intelligence tools like Analysis for Office.
- D. SAP HANA Live/Fiori and Smart Business Cockpits etc.
- E. Additional Simple Finance products like Integrated Business Planning, Cash Management,or Fraud Management etc. (optional).
- F. SAP Landscape Transformation (SLT) Replication Server (plus partner products like Datalytics for non-SAP ERP systems).
Answer: A,B,C,D,E,F
NEW QUESTION 27
Which of the following are characteristics of SAP NetWeaver Business Warehouse (SAP BW) when migrating it to run on SAP HANA? (Choose three.)
- A. It allows co-deployment of the SAP BW application server on the SAP HANA database hardware.
- B. It eliminates the need to upgrade to the latest SAP BW application version.
- C. The system usage is the same as an equivalent SAP BW on non-SAP databases.
- D. It allows re-use of your available SAP BW application servers.
- E. The sizing of your current SAP BW application servers remains valid.
Answer: C,D,E
NEW QUESTION 28
In a calculation view you define a calculated column and set the Calculate Before Aggregation flag. Which of the following activities is mandatory to activate the view?
- A. Add a new aggregation node
- B. Mark the column as hidden
- C. Select the aggregation type
- D. Set the column type to Attribute
Answer: C
NEW QUESTION 29
Which reporting tool can you use to display native parent-child hierarchies from SAP HANA?
- A. SAP BusinessObjects Analysis, edition for Microsoft Office
- B. Microsoft Excel
- C. SAP BusinessObjects Analysis, edition for OLAP
- D. SAP BusinessObjects Weblntelligence
Answer: B
NEW QUESTION 30
Which of the following are characteristics of using a Rapid Deployment Solution (RDS), such as Operationa Reporting for SAP HANA? (Choose two.)
- A. Customized tables and columns are replicated.
- B. Pre-designed information models are imported into SAP HANA.
- C. SAP will create information models based on customer requirements.
- D. Relevant tables are replicated.
Answer: B,D
NEW QUESTION 31
Financial document is posted to the wrong business partner in Central Finance. Which transactions can you use to check the mapping of this business partner? Note: There are 2 correct answers to this question.
- A. Manage key mapping (transaction MGD_KM_MAINTAIN).
- B. Define Value Mapping (Code Mapping)(transaction CFINIMG).
- C. Search key mapping(transeaction MGD_ANALYSE-IDM).
- D. Maintain Business Partner (transaction BP).
Answer: A,C
NEW QUESTION 32
What do you assign to the logical system as part of the technical configuration of Central Finance?
- A. RFC destination
- B. Company code
- C. Client ID
- D. System name
Answer: A
NEW QUESTION 33
Fast multi-dimensional reporting on the Universal Journal is possible without replicating data to Bl. If Bl is in place, one single Bl extractor is needed.
Are these statements correct?
- A. Yes
- B. No
Answer: A
NEW QUESTION 34
On which level can you maintain and differentiate global data types duringvalue mapping? Note: There are 3 correct answers to this question.
- A. Company code
- B. Validity date
- C. Client
- D. List ID
- E. Source system
Answer: A,D,E
NEW QUESTION 35
You need to retrieve data from SAP HANA that is restricted to a certain region and specific users. How can you implement this security strategy?
- A. By assigning SQL privileges to the necessary users
- B. By assigning Package privileges to the necessary users
- C. By assigning Analytic privileges to the necessary users
- D. By assigning System privileges to the necessary users
Answer: C
NEW QUESTION 36
Is it possible to post a value directly to a standalone profit center?
- A. Yes
- B. No
Answer: B
NEW QUESTION 37
In your company, you tend to go through many reorganizations, which often leads to extra master data maintenance work. Which grouping functionality can save your time maintaining profit center groups?
- A. Creating multidimensional sets
- B. Copying groups with suffixes
- C. Configuring derivation rules
- D. Defining flexible hierarchies
Answer: D
NEW QUESTION 38
Which of the following are architecture components of the project replication scenario for Centra Finance?
Note: There are 3 correct answers to this question.
- A. SAP Process Integration (PT) Web service
- B. Application Interface Framework (AIP) error management
- C. ALE/IDOC outbound and inbound
- D. SAP Master Data Governance (MDG) business mapping
- E. SAP Landscape Transformation (SLT) real time replication
Answer: B,C,D
NEW QUESTION 39
You want to create a graphical calculation view using the SAP HANA studio. Which steps are mandatory for this task? (Choose three.)
- A. Define output fields.
- B. Define a projection.
- C. Choose a data source.
- D. Save and activate the view.
- E. Write an SQL script.
Answer: A,C,D
NEW QUESTION 40
In SAP S/4HANA, if PCA is active, the profit center field is mandatory. Is it true or false?
- A. True
- B. False
Answer: B
NEW QUESTION 41
Which transactions can you use to drill back to the source document? Note: There are 2correct answers to this question.
- A. SLT monitor (LTRC)
- B. CO document display (KSB5)
- C. Fl document display (FB03)
- D. Change document display (FSCD)
Answer: A,C
NEW QUESTION 42
Which open item management scenario option is available for Central Payment?
- A. Replicating open items and clearing status in both directions
- B. Replicating open items and clearing status to Central Finance
- C. Replicating open items with an automatically technical clearing in Central Finance
- D. Replicating open items with an automatically technical clearing in source system
Answer: D
NEW QUESTION 43
In an analytic view, you need two different logical joins from the data foundation to an attribute view. The analytic view already contains the attribute view but you have to use the attribute view again. To which of the following do you connect the second join? (Choose two.)
- A. To a copy of the attribute view
- B. To a new instance of the attribute view
- C. To a shared attribute view
- D. To a derived attribute view
Answer: A,D
NEW QUESTION 44
What must you do to reset the initial load? Note: There are 2 correct answers to the question.
- A. Delete all entries in the CFINSOURCE_SET table in the source system
- B. Clear the migration log in the source system
- C. Stop the data extraction in the target system
- D. Delete transactional data in the target system
Answer: A,D
NEW QUESTION 45
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SAP C-S4FCF-2020 Exam Description:
The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020)' certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project's success right away. This certificate is the ideal starting point for a career as a Central Finance consultant.
SAP S/4HANA Central Finance Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Initial Load in Central Finance | Describe how to set a filter for the initial load of Cost Object. Resolve errors of cost object initial load. Execute initial load of FI/CO postings. Resolve errors of FI/CO posting initial load. Set filter for the initial load of CO internal posting, and resolve errors of CO internal posting initial load. Define validation and reconciliation in Central Finance. Perform reconciliation reports in Central Finance. S4F61 (SAP S/4HANA 2020) | > 12% |
| Central Finance Setup and Configuration | Configure the scope for the initial load of FI/CO posting. Define decimal places for currencies. Differentiate between Key Mapping and Value Mapping. Define mapping actions for Mapping Entities. Define key mapping and value mappings. Configure Cost Object Mapping scenarios. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| Enhancements in the Controlling Area (CO-PA, WBS) | Explain improvements made when replicating from costing-based CO-PA into Profitability Analysis in the Universal Journal. Understand account-based CO-PA COGS split in Central Finance. Define account-based CO-PA price split in Central Finance. Describe the new replication scenario for internal EC-PCA postings. Explain the simulation tool for EC-PCA and the Profit Center comparison report. Describe how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects. S4F61 (SAP S/4HANA 2020) | < 8% |
| System Integration Concepts | Describe technical communications modes and processes. Design the types of communication transfer modes. Explain business scenarios and the business hierarchy used by SAPConfigure RFC between two SAP systems, or non-SAP system. S4F61 (SAP S/4HANA 2020) | < 8% |
| Integration Technology ALE | Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED). Define logical system or logical system name, message type, and distribution model. Designdistribution model. Configure logical system names and assign them to clients in SAP systems. S4F601 (SAP S/4HANA 1909) | < 8% |
| System Landscape Transformation Server (SLT) | Describe options for activating data replication and how to transfer data, including how to change structures to source tables during replication. Configure client specific and cross client replication. Describe starting recording and replication. S4F61 (SAP S/4HANA 2020) | 8% - 12% |
| Real time Replication in Central Finance | Describe prerequisites to activate real time replication. Start real time replication. Correct errors of real time replication. Explain the document flow functionality of Central Finance. Perform document drill back from target system to source system. S4F61 (SAP S/4HANA 2020) | > 12% |
Updated PDF (New 2022) Actual SAP C-S4FCF-2020 Exam Questions: https://www.vceengine.com/C-S4FCF-2020-vce-test-engine.html
