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SAP C_S4FCF_2021 exam covers a wide range of topics related to central finance in SAP S/4HANA, including the basic principles of finance and accounting, the fundamentals of SAP S/4HANA, and the role of central finance in organizational financial management. C-S4FCF-2021 exam is also designed to test the practical skills of individuals in areas such as financial reporting, financial analysis, and financial planning.

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SAP Central Finance is a key component of the SAP S/4HANA system and enables organizations to centralize financial data from multiple SAP and non-SAP systems. This allows organizations to have a single source of truth for financial reporting and analysis, which can help improve decision-making and reduce costs. SAP Central Finance also supports real-time data replication, which ensures that financial data is always up-to-date.

SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Sample Questions (Q44-Q49):

NEW QUESTION # 44
What are the prerequisites for price difference splitting in Central Finance? Note: There are 3 correct answers to this questions.

A. Account-based Profitability Analysis must be active in the source system.B. Accounts for splitting price difference are configured in the source system.C. Costing-based Profitability Analysis must be active in the source system.D. Accounts for splitting price difference are configured in the target system.E. Production order settlement is configured in the source system.

Answer: B,D,E


NEW QUESTION # 45
Which of the following activities are required to start the initial load of FI/CO postings for the selected company codes from the ECC source system? Note: There are 2 correct answers to this question.

A. Configure the Substitution and Migration Clearing accounts.B. Define the initial load group.C. Perform month end closing in the source system.D. Configure the VCFIN_SOURCE_SET table in the target system.

Answer: A,B


NEW QUESTION # 46
Which objects are included in SAP Master Data Governance, Consolidation? Note: There are 2 correct answers to this question.

A. Business partnerB. PlantC. MaterialD. Company code

Answer: A,C


NEW QUESTION # 47
What are the features of the SAP Shared Service Framework with Central Finance? Note: There are 2 correct answers to this question.

A. It is the service management platform for global business service organizations.B. It allows a comparative and harmonized view for corporate reporting.C. It simplifies consolidations.D. It centralizes all service-relevant transactional activities.

Answer: A,D


NEW QUESTION # 48
Which delta data categories are replicated in real time from SLT to the Central Finance system? Note: There are 2 correct answers to this question.

A. DeleteB. ReconcileC. AddD. Exclude

Answer: A,C


NEW QUESTION # 49
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