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The TestSimulate offers valid, updated, and real SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) C_S4FCF_2021 exam practice questions that perfectly and quickly prepare the C_S4FCF_2021 exam candidates. You can easily pass the challenging SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) C_S4FCF_2021 Certification Exam. C_S4FCF_2021 exam practice test questions you will get everything that you need to learn, prepare and pass the valuable C_S4FCF_2021 certification with good scores.

C_S4FCF_2021 Exam Certification Details:Level:AssociateCut Score:64%Sample Questions: SAP C_S4FCF_2021 Exam Sample Question Duration:180 mins
SAP C_S4FCF_2021 Certification Exam Topics:Topic AreasTopic Details, Courses, BooksIntegration Technology ALE < 8%

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.

S4F61 (SAP S/4HANA 2021) and S4F601e OR S4F62e SAP LH content SAP Master Data Governance 8% - 12%

Describe MDG central governance and mass processing. Describe the general concepts and capabilities of SAP MDG, central governance. Activate and configure the default processes for MDG. Define MDG data models.

S4F60 (SAP S/4HANA 2021) and S4F61 (SAP S/4HANA 2021) and S4F601e OR S4F62e SAP LH content Corporate Finance Processes supported by Central Finance 8% - 12%

Define centralization of finance operations.  Describe intercompany reconciliation in Central Finance. Determine open item management in Central Finance. Configure central payments and central down payments. Describe AR/AP reporting in Central Finance.  Define SAP Credit Management.  Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments.

S4F61 (SAP S/4HANA 2021) Central Finance Setup and Configuration 8% - 12%

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 2021) Initial Load in Central Finance > 12%

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.

Real time Replication in Central Finance > 12%

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 2021) Run Phase in Central Finance < 8%

Design the SAP S/4 HANA Central Finance project phases.  Determine the SAP S/4HANA Central Finance pilot approach.  Describe the required organizational change with SAP S/4HANA Central Finance.  Determine the stakeholders involved in a Central Finance project.  Define the change enablers and key success factors.  Design the operation model for Central Finance, and daily operations that might be needed in Central Finance.

S4F60 (SAP S/4HANA 2021) S4F61 (SAP S/4HANA 2021) Central Finance Landscape Architecture > 12%

Define options to SAP S/4HANA Central Finance Architecture links source systems to the central finance system.  Design SLT techchnical integration platform for Central Finance.  Describe MDG function in Central Finance for master harmonization.  Descript AIF as interface and monitoring for Central Finance.

S4F60 (SAP S/4HANA 2021) S4F61 (SAP S/4HANA 2021)

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SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Sample Questions (Q50-Q55):

NEW QUESTION # 50
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 centralizes all service-relevant transactional activities.C. It allows a comparative and harmonized view for corporate reporting.D. It simplifies consolidations.

Answer: A,B


NEW QUESTION # 51
For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)?

A. EC-PCA documentsB. CO internal documentsC. Cost objectsD. FI/CO documents

Answer: A


NEW QUESTION # 52
Which of the following processes are applicable during activity rate replication? Note: There are 2 correct answers to this question.

A. Activity rate replication occurs through cost object mapping framework interface.B. Activity rate replication can be run from CFIN to the source system.C. Configuration of a transfer rule is not needed for replication.D. Activity rate replication can be run from the source system to CFIN.

Answer: B,D


NEW QUESTION # 53
Which service or application does MDG provide to maintain Key Mapping one by one?

A. Central Finance replicationB. WebDynpro applicationC. SAP GUI transactionD. Cost object mapping

Answer: C


NEW QUESTION # 54
What activities are typically performed by operational teams on a daily basis between the source system and the Central Finance system? Note: There are 3 correct answers to this question.

A. Exchange ratesB. Authorization updatesC. Payment methodsD. Internal order mappingE. Check AIF monitor

Answer: A,B,E


NEW QUESTION # 55
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