Free SAP C_S4FCF_2021 Study Guides Exam Questions & Answer [Q37-Q60] : Valid Premium Exam : http://premium.validexam.com

NEW QUESTION 37
You need to set up a central Credit Management landscape in Central Finance. Which distribution settings does SAP recommend to determine the credit limit? Note: There are 2 correct answers to this question.

Web services

Credit Manager Portal

Process Integration (PI)

WebDynpro

NEW QUESTION 38
The MDG mapping repository contains key mapping for master data, and value mapping for customizing.
Which service or application does MDG provide to maintain value mapping one by one?

Cost Object mapping

SAP GUI transaction

Central Finance instance

WebDynpro application

NEW QUESTION 39
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 reconciliations later in the closing process.

You can assign documents based on predefined and customized rules.

You can manage intercompany reconciliation using alerts and analytics.

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

NEW QUESTION 40
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.

Configure the Substitution and Migration Clearing accounts.

Configure the VCFIN_SOURCE_SET table in the target system.

Define the initial load group.

Perform month end closing in the source system.

NEW QUESTION 41
Which service or application does MDG provide to maintain Key Mapping one by one?

Cost object mapping

Central Finance replication

WebDynpro application

SAP GUI transaction

NEW QUESTION 42
Which functions are available in Central Finance to validate the system setup before initial load? Note: There are 3 correct answers to this question.

Smoke test functionality for CO secondary postings

Smoke test functionality for Cost Objects (AUFK)

Simulation of postings for AVL

Simulation of postings for FI/CO documents

Simulation of mapping for WBS

NEW QUESTION 43
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note: There are 3 correct answers to this question.

Indexes against ledger

Documents against ledger

Documents against transaction figures

Documents against indexes

Indexes – transaction figures

NEW QUESTION 44
You are performing a CO initial load. For which objects can you use simul-ation functionality? Note: There are 2 correct answers to this question.

CO documents

Cost objects

Cost centers

WBS elements

NEW QUESTION 45
What is the purpose of a change request in SAP Master Data Governance? Note: There are 2 correct answers to this question.

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

It transports changed customizing settings.

It replicates master data to maintenance systems.

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

NEW QUESTION 46
Where do you perform the variance calculation in a Central Finance scenario?

In the target system before order settlement

In the source system after order settlement

In the target system after order settlement

In the source system before order settlement

NEW QUESTION 47
Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are
2 correct answers to this question.

Request-based down payment in the amount of the difference

Dispute case for the clarification of payment differences

Promise to pay agreements created from a collection worklist

Alerts of intercompany reconciliation for automatic clearing of remaining receivables

NEW QUESTION 48
Which activities must you perform in the source system? Note: There are 3 correct answers to this question.

Maintain the initial load scope.

Assign authorizations for an RFC user.

Configure decimal places for currencies.

Carry forward balances.

Activate central finance business function.

NEW QUESTION 49
Which of the following actions are performed by the Level 1 – FI Documents Count report? Note: There are 2 correct answers to this question.

It combines the total number of journal entries with errors.

It calculates the total number of financial accounting documents posted in the source system.

It reads the FI documents in the source system and finds all line items.

It finds the corresponding entries in the ACDOCA table of Central Finance system.

NEW QUESTION 50
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.

Check AIF monitor

Payment methods

Authorization updates

Exchange rates

Internal order mapping

NEW QUESTION 51
Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.

Material data: general data and units of measure

Bank data: banks, house banks, and bank accounts

Financials data: general ledger accounts, profit centers, and cost centers

Logistics data: sales orders, plants, and organization units such as sales and purchase organization

NEW QUESTION 52
The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document?

Sales document

Accounting document

Profit center accounting document

Costing-based CO-PA document

NEW QUESTION 53
Which of the following functions are valid for initial load extraction of FI/CO postings?

Initial load can be executed only for specific company codes.

Migration clearing accounts are maintained for reconciliation accounts.

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

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

NEW QUESTION 54
How can you map internal orders from a source system to a Central Finance system? Note: There are 2 correct answers to this question.

Many-to-one relationship

Many-to-many relationship

One-to-many relationship

One-to-one relationship

NEW QUESTION 55
What actions can you run in the Application Interface Framework (AIF) of the Central Finance system to support business users? Note: There are 2 correct answers to this question.

Activate multiple error tracking

Link SAP transactions to a message

Activate emergency error correction in the source system

Change error message text

NEW QUESTION 56
Which data must you extract from a non-SAP source system to integrate with Central Finance? Note: There are 3 correct answers to this question.

Document headers

Master data items

Order items

Product tax items

Debitor and creditor items

NEW QUESTION 57
Which of the following is a feature of asynchronous communication?

The receiving system does not have to be available when a function call is dispatched.

This form of communication uses a single function call.

SAP S/4HANA must be active on the sending systems and the receiving systems.

It can be implemented in function calls that require an immediate return of data to the sender system.

NEW QUESTION 58
What must you consider for integration of non-SAP source systems with Central Finance? Note: There are 3 correct answers to this question.

The data is transferred from the non-SAP system to the SLT staging tables.

Real-time replication is not supported for non-SAP source systems.

There is no preconfigured content to extract data from non-SAP systems.

Application Interface Framework (AIF) is used for monitoring.

SLT staging tables are the same as for SAP source systems.

NEW QUESTION 59
Which activities must you complete before you can activate real-time replication? Note: There are 2 correct answers to this question.

Configure the Application Interface Framework.

Correct all errors associated with the initial load.

Configure the VCFIN_SOURCE_SET view in the corresponding source systems.

Delete the extract of the initial load data.

NEW QUESTION 60
You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? Note: There are 2 correct answers to this question.

Payment terms must be replicated.

Replication of open items must be used.

Central payments must be activated.

Source systems and Central Finance must use business partners.

Free SAP C_S4FCF_2021 Study Guides Exam Questions & Answer [Q37-Q60]

SAP C_S4FCF_2021 Exam Syllabus Topics: