SAP C_S4FCF_2023 Practice Test - Questions Answers, Page 2

Detailed Explanation: Activity rate replication is an important process in Central Finance, ensuring that the rates are correctly reflected in the target system. Activity rate replication can be run from the source system to Central Finance (CFIN), ensuring that all source system activity rates are captured. Additionally, it can also be run from CFIN back to the source system, maintaining synchronization across systems.

Detailed Explanation: In Central Finance, the Accounting View of Logistics (AVL) enables the replication of logistics data to support financial reporting. AVL information is available only for real-time replication, meaning it mirrors data as it happens. Additionally, logistics information such as sales orders can be replicated to Central Finance for enhanced reporting. The replication process is executed through SAP Landscape Transformation (SLT) to ensure the consistency and timeliness of data.

Detailed Explanation: To connect third-party legacy systems to the Central Finance system using SAP SLT, specific staging tables must be populated to ensure proper data replication. These include the Header table (which stores general document information), the Product tax items table (for managing tax-related data), and the Customer line items table, which handles customer financial data during replication.

Detailed Explanation: Central Finance provides interfaces to replicate data such as Material cost estimates, Activity rates, and Cost objects from the SAP source system to the Central Finance system. These interfaces ensure that critical financial and cost-related data is consistently available across systems.

Detailed Explanation: The Master Data Governance (MDG) tool in Central Finance performs checks such as availability of duplicates to prevent redundant data entries and verifies the existence of 1

mappings, ensuring that multiple source entries can map correctly to a single target entry. These checks maintain data integrity during the mapping process.

Detailed Explanation: Cost object mapping automatically creates the necessary master data in Central Finance, streamlining the data integration process and ensuring that all required cost objects are properly mapped and available for postings.

Detailed Explanation: Key mapping in Central Finance is essential for aligning data between systems. It includes objects like Customer, Tax code, and Cost center, ensuring consistency across multiple systems for accurate financial reporting and processing.

Detailed Explanation: The Web Dynpro application provided by Master Data Governance (MDG) is the standard interface for maintaining key mappings one by one, allowing users to manually manage individual mappings.

Detailed Explanation: In Central Finance, it is critical to ensure that the number of decimal places for currencies is consistent. When there are differences in decimal places between systems, users must enter the decimal place settings as defined in the Central Finance system to avoid rounding errors during financial postings.