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SAP C_S4FCF_2023 Practice Test - Questions Answers, Page 6

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Question 51

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Which actions are performed by a functional FI/CO key user in a Central Finance project?

Note: There are 3 correct answers to this question.

User acceptance testing

User acceptance testing

Design blueprints

Design blueprints

Participate in training

Participate in training

Create incidents

Create incidents

Design IT landscape strategy

Design IT landscape strategy

Suggested answer: A, C, D

Explanation:

Detailed Explanation: A functional FI/CO key user is responsible for tasks such as User acceptance testing (UAT), participation in training, and creating incidents during a Central Finance project. These activities ensure that the system meets business requirements and that users are well-prepared for the live environment.

asked 19/11/2024
Juan Carlos Yepez
36 questions

Question 52

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What activities are typically performed by operational teams on a daily basis between the source systems and the Central Finance system?

Note: There are 3 correct answers to this question.

Payment methods

Payment methods

Internal order mapping

Internal order mapping

Check SAP Application Interface Framework (AIF) monitor

Check SAP Application Interface Framework (AIF) monitor

Exchange rates

Exchange rates

Authorization updates

Authorization updates

Suggested answer: C, D, E

Explanation:

Detailed Explanation: Operational teams often check the SAP Application Interface Framework (AIF) monitor for replication errors, update exchange rates, and manage authorization updates on a daily basis to ensure smooth operation and data consistency between the source and Central Finance systems.

asked 19/11/2024
Christian Gyssels
38 questions

Question 53

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Which of the following actions are performed by the Level 3 - FI Documents Comparison Report?

Note: There are 2 correct answers to this question.

It calculates the total number of financial accounting documents posted in the source system.

It calculates the total number of financial accounting documents posted in the source system.

It reads the FI documents in the source system and finds all line items.

It reads the FI documents in the source system and finds all line items.

It combines the total number of journal entries with errors.

It combines the total number of journal entries with errors.

It finds the corresponding entries in the ACDOCA table of the Central Finance system.

It finds the corresponding entries in the ACDOCA table of the Central Finance system.

Suggested answer: B, D

Explanation:

Detailed Explanation: The Level 3 - FI Documents Comparison Report reads the FI documents in the source system, finding all line items, and compares them with the corresponding entries in the ACDOCA table in the Central Finance system. This ensures that the replicated documents are correctly mapped.

asked 19/11/2024
Mikalai Yurouski
27 questions

Question 54

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The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?

Accounting document

Accounting document

Costing-based CO-PA document

Costing-based CO-PA document

Sales document

Sales document

Profit center accounting document

Profit center accounting document

Suggested answer: A

Explanation:

Detailed Explanation: Margin Analysis, previously known as Profitability Analysis, in the universal journal is based on the Accounting document, which integrates financial and controlling data, allowing for real-time profitability reporting.

asked 19/11/2024
FARIZA MANNAN
39 questions

Question 55

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Which capability supports continuous reconciliation between the sender and the Central Finance system?

Note: There are 3 correct answers to this question.

Reconcile using SAP Advanced Financial Closing

Reconcile using SAP Advanced Financial Closing

Reconcile using the Intercompany reconciliation

Reconcile using the Intercompany reconciliation

Reconcile using the financial statement

Reconcile using the financial statement

Reconcile using the RACCT_SENDER field in the ACDOCA table

Reconcile using the RACCT_SENDER field in the ACDOCA table

Reconcile using the FI Balance Reconciliation report

Reconcile using the FI Balance Reconciliation report

Suggested answer: A, 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.

asked 19/11/2024
Marian Mateev
38 questions

Question 56

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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.

It only provides consolidation for business partners, customers, and vendors.

It only provides consolidation for business partners, customers, and vendors.

It provides central creation, change, and distribution of master data.

It provides central creation, change, and distribution of master data.

It can be deployed as a master data hub.

It can be deployed as a master data hub.

It is used to maintain and perform business mapping.

It is used to maintain and perform business mapping.

It governs value mapping for SAP ERP source systems to Central Finance.

It governs value mapping for SAP ERP source systems to Central Finance.

Suggested answer: B, C, E

Explanation:

Detailed Explanation: SAP Master Data Governance (MDG) in a Central Finance landscape provides the central creation, change, and distribution of master data, can be deployed as a master data hub, and governs value mapping for SAP ERP source systems.

asked 19/11/2024
Claudia Arrais
49 questions

Question 57

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Which data is included in SAP Master Data Governance?

Note: There are 2 correct answers to this question.

Bank data: banks, house banks, bank accounts

Bank data: banks, house banks, bank accounts

Logistics data: sales orders, plants, organizational units such as sales and purchase organization

Logistics data: sales orders, plants, organizational units such as sales and purchase organization

Material data: general data, units of measure

Material data: general data, units of measure

Financials data: general ledger accounts, profit centers, cost centers

Financials data: general ledger accounts, profit centers, cost centers

Suggested answer: C, D

Explanation:

Detailed Explanation: SAP Master Data Governance (MDG) includes Material data (such as general data and units of measure) and Financials data (like general ledger accounts, profit centers, and cost centers), which are vital for the correct functioning of the financial and logistical operations.

asked 19/11/2024
Nader Pouri
31 questions

Question 58

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You encounter an error during replication: General Ledger Account Master ID in field G/L Account could not be mapped.

Which transactions can you use to check the mapping?

Note: There are 3 correct answers to this question.

Search Key Mapping (transaction MDG_ANALYSE_IDM)

Search Key Mapping (transaction MDG_ANALYSE_IDM)

Define Value Mapping (code mapping - transaction CFINIMG-> Maintain Value Mapping)

Define Value Mapping (code mapping - transaction CFINIMG-> Maintain Value Mapping)

Manage Key Mapping (transaction MDG_KM_MAINTAIN)

Manage Key Mapping (transaction MDG_KM_MAINTAIN)

Manage G/L Account (transaction FS00)

Manage G/L Account (transaction FS00)

Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)

Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)

Suggested answer: A, C, E

Explanation:

Detailed Explanation: When encountering an error with G/L account mapping, you can use Search Key Mapping (MDG_ANALYSE_IDM), Manage Key Mapping (MDG_KM_MAINTAIN), and Manage Mappings (FINS_CFIN_MAP_MANAGE) to troubleshoot and correct the mapping issues.

asked 19/11/2024
Junaid Sahebzada
33 questions

Question 59

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A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations?

Note: There are 3 correct answers to this question.

The Central Finance system must query key value mapping information from the SAP Master Data Governance system.

The Central Finance system must query key value mapping information from the SAP Master Data Governance system.

Master data is distributed via SAP Master Data Governance to source and target systems.

Master data is distributed via SAP Master Data Governance to source and target systems.

SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).

SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).

SAP Master Data Governance is not mandatory for the Central Finance landscape.

SAP Master Data Governance is not mandatory for the Central Finance landscape.

If SAP Master Data Governance is a standalone system, the source ERP system must query master data key mapping from the Central Finance system.

If SAP Master Data Governance is a standalone system, the source ERP system must query master data key mapping from the Central Finance system.

Suggested answer: B, C, D

Explanation:

Detailed Explanation: When deploying SAP Master Data Governance (MDG) in a Central Finance landscape, key considerations include that master data is distributed to source and target systems, MDG functions as a complete master data hub with governance and consolidation processes, and it is not mandatory for every Central Finance implementation.

asked 19/11/2024
Instel SL
28 questions

Question 60

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You need to map internal orders to dummy WBS elements in Central Finance. Which kind of mapping do you use?

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