Which of the following are domains in SAP Master Data Governance?Note: There are 3 correct answers to this question.

Business Partner Supplier Customer

Which activities must you complete before you can activate real-time replication?Note: There are 2 correct answers to this question.

Configure the SAP Application Interface Framework.

Configure the VCFIN_SOURCE_SET view in the corresponding source systems.

Delete the extract of the initial load data.

Configure the SAP Application Interface Framework.

Configure the VCFIN_SOURCE_SET view in the corresponding source systems.

Correct all errors associated with the initial load.

Which of the following are architecture components of the Project Replication scenario for Central Finance?Note: There are 3 correct answers to this question.

SAP Application Interface Framework

SAP Process Integration (PI) Web service

SAP System Landscape Transformation (SLT)

SAP Application Interface Framework

What does the classic Profit Center Accounting (EC-PCA) simu-lation tool do?Note: There are 2 correct answers to this question.

Carries out data mapping checks

Posts actual data in the target system

Which of the following tasks can you perform using the SAP Application Interface Framework?Note: There are 3 correct answers to this question.

Change the color of a message status

Navigate from an error message to the associated SAP transaction code

Correct data directly without special authorization

View a message summary based on the interface

Change the color of a message status

Navigate from an error message to the associated SAP transaction code

Which functions are available in Central Finance to validate the system setup before the initial load?Note: There are 3 correct answers to this question.

Simulation of postings for FI/CO documents

Smoke test functionality for CO secondary postings

Smoke test functionality for cost objects (AUFK)

Simulation of postings for FI/CO documents

Smoke test functionality for CO secondary postings

Smoke test functionality for cost objects (AUFK)

Which of the following processes are applicable during activity rate replication?Note: There are 2 correct answers to this question.

Activity rate replication can be run from the source system to CFIN.

Activity rate replication can be run from CFIN to the source system.

Activity rate replication can be run from the source system to CFIN.

Activity rate replication occurs through cost object mapping framework interface.

Configuration of a transfer rule is not needed for replication.

Activity rate replication can be run from CFIN to the source system.

What are the features of the Accounting View of Logistics (AVL) information in Central Finance?Note: There are 3 correct answers to this question.

AVL information is available for real-time replication only.

Logistics information is replicated (example: sales order).

Replication is executed via SLT.

AVL information is available for real-time replication only.

Business mapping is supported for AVL replication.

All information from the logistics document is transferred.

Logistics information is replicated (example: sales order).

Replication is executed via SLT.

What is one consideration for handling decimal places in the Central Finance system?

For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system.

Differences in decimal places for currencies in source Central Finance systems have no impact on documents posting in the Central Finance system.

All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system.

If the currency in Central Finance has fewer decimal places than the sender system, rounding is required.

You plan to use Central Finance system for Collections Management Intercompany Reconciliation. Which prerequisites must be met?Note: There are 2 correct answers to this question.

Central payments must be activated.

Replication of open items must be used.

Central payments must be activated.

Payment terms must be replicated.

Source systems Central Finance must use business partners.

Replication of open items must be used.

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

Down payment request with reference to the original sales order

Promise-to-pay agreements created from a collection worklist

Alerts of intercompany reconciliation for automatic clearing of remaining receivables

Down payment request with reference to the original sales order

Dispute case for the clarification of payment differences

Promise-to-pay agreements created from a collection worklist

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

You can manage intercompany reconciliation using alerts and analytics.

You can eliminate long-running batch jobs for loading the data into Central Finance.

You can manage intercompany reconciliation using alerts and analytics.

You can assign documents based on predefined customized rules.

You can eliminate long-running batch jobs for loading the data into Central Finance.

You can standardize payment processes.

What are the features of Shared Services Framework with Central Finance?Note: There are 2 correct answers to this question.

It is the service management platform for global business service organizations.

It centralizes all service-relevant transactional activities.

It allows a comparative harmonized view for corporate reporting.

It is the service management platform for global business service organizations.

It centralizes all service-relevant transactional activities.

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

Invoices posted in the source system are technically cleared.

Central Payment is not possible for third-party systems.

Invoices posted in the source system are technically cleared.

Central Payment is not possible for third-party systems.

The central system becomes the book of record.

Credit limits must be maintained at the business partner level in the source system.

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

It enables cross-department dispute resolution.

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

It enables cross-department dispute resolution.

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

You must avoid possible double payments for historical open items.Which options do you have?Note: There are 2 correct answers to this question.

Mark open items as technically cleared in a source system.

Set a payment block in Central Finance.

Delete all relevant open items.

Remove the payment method in Central Finance.

Mark open items as technically cleared in a source system.

Set a payment block in Central Finance.

Which tool must you use to view FI/CO initial load errors?

SAP Application Interface Framework

Central Finance application log

SAP Application Interface Framework

SAP LT Replication Server cockpit

SAP recommends running the consistency check report (RFINDEX) with which options selected?Note: There are 3 correct answers to this question.

Documents against transaction figures

Which of the following functions are valid for initial load extraction of FI/CO postings?

The source system controls the period fiscal year for balance extraction document extraction.

The target system controls the open items to be extracted from the source system.

Migration clearing accounts are maintained for reconciliation accounts.

The source system controls the period fiscal year for balance extraction document extraction.

Initial load can be executed only for specific company codes.

Your customer has completed the initial load of FI/CO postings in a test landscape. Before starting the next test cycle, what must you do to reset the initial load?Note: There are 3 correct answers to this question.

Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.

Delete or cancel all SAP Application Interface Framework (AIF) messages with status errors.

Run the RCFIN_DEL_MIG report in the source system.

Stop the data extraction in the target system.

Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.

Delete all entries in the CFIN_SOURCE_SET table in the source system.

Delete or cancel all SAP Application Interface Framework (AIF) messages with status errors.

Run the RCFIN_DEL_MIG report in the source system.

Which of the following activities are required to start the initial load of FI/CO postings for the selected company codes from the SAP ECC source system?Note: There are 2 correct answers to this question.

Configure the Substitution Migration Clearing accounts.

Configure the VCFIN_SOURCE_SET table in the target system.

Perform month-end closing in the source system.

Configure the Substitution Migration Clearing accounts.

SAP C_S4FCF_2023 Practice Test 1 - Free Online Exam Prep & Questions

Question 1 / 40

What is the purpose of a change request in SAP Master Data Governance?

Note: There are 2 correct answers to this question.

It defines controls the process flow according to the defined change request type.

It acts as a container for new or changed master data.

It transports changed customizing settings.

It replicates master data to maintenance systems.

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