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SAP C_S4FCF_2023 Exam Syllabus Topics:
Topic
Details
Topic 1
- Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.
Topic 2
- Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.
Topic 3
- System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.
Topic 4
- Initial Load in Central Finance: This section of the exam covers the process of configuring filters for the initial load of Cost Objects, addressing and resolving errors that may arise, executing financial and controlling postings, managing internal CO postings, and conducting reconciliation within the Central Finance system.
Topic 5
- Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.
Topic 6
- Real-time Replication in Central Finance: In this domain, the focus is given to necessary prerequisites for implementing real-time replication, initiation of the replication process, methods for error correction, the functionality of document flow, and the capability to drill back from the target system to the source system.
Topic 7
- Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.
Topic 8
- Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.
Topic 9
- SAP Master Data Governance: This section of the exam covers the central governance aspects of MDG, techniques for mass processing, fundamental concepts, the process of activating default procedures, and defining the data model structure.
SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q10-Q15):
NEW QUESTION # 10
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.
- A. Run the RCFIN_DEL_MIG report in the source system.
- B. Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.
- C. Stop the data extraction in the target system.
- D. Delete all entries in the CFIN_SOURCE_SET table in the source system.
- E. Delete or cancel all SAP Application Interface Framework (AIF) messages with status errors.
Answer: A,B,E
Explanation:
Detailed Explanation: To reset the initial load before starting the next test cycle, you must run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system, delete or cancel SAP AIF messages with status errors, and run the RCFIN_DEL_MIG report in the source system to clean up previous data
NEW QUESTION # 11
Which of the following are benefits of using Dispute Management with Central Finance? Note: There are
2 correct answers to this question.
- A. It enables cross-department dispute resolution.
- B. It assigns risk categories.
- C. It calculates credit limits.
- D. It organizes all information documents related to a dispute case page.
Answer: A,D
NEW QUESTION # 12
Which of the following processes are applicable during activity rate replication?
Note: There are 2 correct answers to this question.
- A. Configuration of a transfer rule is not needed for replication.
- B. Activity rate replication occurs through cost object mapping framework interface.
- C. Activity rate replication can be run from the source system to CFIN.
- D. Activity rate replication can be run from CFIN to the source system.
Answer: C,D
Explanation:
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.
NEW QUESTION # 13
When do you activate the replication of WBS elements for Central Finance?
- A. After the initial load of FI documents
- B. After the mapping replication of cost centers
- C. After replication is activated in SAP System Landscape Transformation (SLT)
- D. After the configuration of inbound outbound ALE
Answer: D
NEW QUESTION # 14
What are the options for mapping cost objects to internal orders with the cost object mapping framework? Note: There are 2 correct answers to this question.
- A. Service order
- B. Cost center
- C. Product cost collector
- D. QM order
Answer: A,D
NEW QUESTION # 15
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