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SAP C_S4FCF_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Enhancements in the Controlling Area (CO-PA, WBS) < 8% | Explain improvements made when replicating from costing-based CO-PA into Profitability Analysis in the Universal Journal. Understand account-based CO-PA COGS split in Central Finance. Define account-based CO-PA price split in Central Finance. Describe the new replication scenario for internal EC-PCA postings. Explain the simulation tool for EC-PCA and the Profit Center comparison report. Describe how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects. |
| 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. |
| SAP Master Data Governance > 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. |
| Central Finance Landscape Architecture 8% - 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. |
| System Integration Concepts < 8% | Describe technical communications modes and processes. Design the types of communication transfer modes. Explain business scenarios and the business hierarchy used by SAPConfigure RFC between two SAP systems, or non-SAP system. |
| Integration 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. |
| System Landscape Transformation Server (SLT) 8% - 12% | Describe options for activating data replication and how to transfer data, including how to change structures to source tables during replication. Configure client specific and cross client replication. Describe starting recording and replication. |
| 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. |
| 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. |
| 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. |
NEW QUESTION 16
Which information model can you use with measures from multiple fact tables?
- A. Attribute view
- B. Analytic view
- C. Analytic privilege
- D. Calculation view
Answer: D
NEW QUESTION 17
What are the capabilities of the Customer/Vendor Integration (CVI) business function? (Choose two.)
- A. Checks for duplicates of business partner, customer master, and vendor master
- B. Replaces the customer master and vendor master with business partners
- C. Allows bi-directional replication of business partner, customer master, and vendor master
- D. Integrates the business partner, customer master, and vendor master
Answer: C,D
NEW QUESTION 18
Which actions can trigger replication from the source system to Central Finance? Note: there are 3 correct answers to this question.
- A. Create down payments
- B. Change in financial documents
- C. Acquire fixed asset
- D. Captureparked documents
- E. Clear open items
Answer: A,B,E
NEW QUESTION 19
Which types of calendar are available for time attribute views in SAP HANA? (Choose two.)
- A. Factory
- B. Julian
- C. Gregorian
- D. Fiscal
Answer: C,D
NEW QUESTION 20
You create a role with the following command: CREATE ROLE "InfoUser". When you try to assign this role to user PETER with the following command: GRANT InfoUser to PETER you receive an error message "Invalid user privilege: INFOUSER". What must you do to avoid this problem? (Choose three.)
- A. Recreate the role with the command CREATE ROLE INFOUSER.
- B. Grant the role the WITH ADMIN OPTION.
- C. Recreate user PETER with GRANT OPTION.
- D. Recreate the role with the command CREATE ROLE InfoUser.
- E. Grant the role with the command GRANT "InfoUser" to PETER.
Answer: A,D,E
NEW QUESTION 21
With Universal Journal, one line item table is with full detail for all components. Data was stored only once, so no reconciliation was needed by architecture, and reduction of memory footprint through elimination of redundancy.
Are these statements correct?
- A. No
- B. Yes
Answer: B
NEW QUESTION 22
In an aggregation node of a calculation view, which is the default aggregation type for an aggregated measure?
- A. COUNT
- B. MIN
- C. SUM
- D. MAX
Answer: C
NEW QUESTION 23
An analytic view has two columns, SHIP_TO_COUNTRY and SHIP_FROM_COUNTRY, that contain ISO country codes. You must replace these codes with the English country names by joining to the same country attribute view twice. What must you create to achieve this?
- A. A shared attribute view
- B. Two data foundations
- C. A derived attribute view
- D. An attribute view using the Copy From method.
Answer: C
NEW QUESTION 24
In SAP S/4HANA, if PCA is active, the profit center field is mandatory. Is it true or false?
- A. True
- B. False
Answer: B
NEW QUESTION 25
Profit centers and cost centers can receive revenue postings. Is it true or false?
- A. True
- B. False
Answer: A
Explanation:
Explanation
NEW QUESTION 26
You want to design a model in SAP HANA. Which of the following modeling constructs do you use to create an analytic view? (Choose three.)
- A. Join types
- B. Attribute views
- C. Analytic views
- D. User privileges
- E. Tables
Answer: A,B,E
NEW QUESTION 27
Finish the statement. SAP Simple Finance is:
(Choose all that apply.)
- A. Intuitive User Experience on all devices.
- B. Flexible and Non-disruptive cloud or on premise.
- C. Instant Insight in-memory enabled.
Answer: A,B,C
NEW QUESTION 28
What data must you maintain based on daily operations between the source system and the CentralFinance system? Note: There are 2 correct answers to the question.
- A. Authorization updates
- B. Exchange rates
- C. Internal order mapping
- D. Payment methods
Answer: A,B
NEW QUESTION 29
You prepare the FICO initial load. For which account types must you create a substitution account.
- A. Tax accounts
- B. Non open item managed accounts
- C. Reconciliation accounts
- D. Open item managed accounts
Answer: C,D
NEW QUESTION 30
Which security settings can you apply in analytic privileges? (Choose two.)
- A. Restrict access within an analytic view using measure values.
- B. Restrict access within an analytic view using attribute values.
- C. Grant access to analytic views.
- D. Restrict access to hierarchies.
Answer: B,C
NEW QUESTION 31
Which valuation approaches are supported in the COGS split? Note: There are 3 correct answers to the question.
- A. Foreign currency valuation
- B. Inventory valuation
- C. Legal valuation
- D. Profit center valuation
- E. Group valuation
Answer: C,D,E
NEW QUESTION 32
Which of the following are characteristics of using a Rapid Deployment Solution (RDS), such as Operationa Reporting for SAP HANA? (Choose two.)
- A. SAP will create information models based on customer requirements.
- B. Relevant tables are replicated.
- C. Pre-designed information models are imported into SAP HANA.
- D. Customized tables and columns are replicated.
Answer: B,C
NEW QUESTION 33
In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names. What does this indicate about the configuration of the profit centers?
- A. They are defined in separate company codes.
- B. They are defined in separate controlling areas.
- C. They are assigned to different functional areas.
Answer: B
NEW QUESTION 34
Is it possible to take advantage of New G/L features within SAP Simple Finance as well as the ability of flexible reporting based on line-items instead of pre-aggregated totals?
- A. No
- B. Yes
Answer: B
NEW QUESTION 35
With which mapping type do you map cost centers?
- A. Source systems mapping
- B. Cost object mapping
- C. Key mapping
- D. Value mapping
Answer: C
NEW QUESTION 36
Which ones are correct? (Choose three.)
- A. BSEG as before Simple Finance, can still be summarized.
- B. Profit Center Accounting (ECPCA), Special Purpose Ledgers (FI-SL), Consolidation (ECCS), Joint Venture Accounting, Public Sector etc. work as before.
- C. Former COEP, FAGLFLEXA, ANEP, MLIT etc. data are stored in ACDOCA.
- D. Cost based CO-PA is changed.
Answer: A,B,C
NEW QUESTION 37
What can you define in the Choose Logical System configuration step of theinitial load settings?
- A. Start year balances
- B. Substitution accounts
- C. Package size
- D. Clearing accounts
Answer: C
NEW QUESTION 38
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