SAP Certified Application Associate - Central Finance in SAP S/4HANA (C-S4FCF-1909) Free Practice Test

Question 1

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. Open item managed accounts

D. Reconciliation accounts

Correct Answer: C,D

Question 2

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

A. Configure the VCFIN SOURCE_SET view in the corresponding source systems.

B. Configure the Application Interface Framework

C. Delete the extract of the initial load data.

Correct Answer: A,C

Question 3

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 cored answers to this question.

A. Web-Dynpro

B. Credit Manager Portal

C. Process Integration (PI)

D. Web-services

Correct Answer: C,D

Question 4

You need to set up an SAP Landscape Transformation configuration for Central Finance. What must you do before you can start? Note: There are 2 correct answers to this question.

A. Create database connections.

B. Create a technical user.

C. Set up RFC destinations.

D. Activate pre-delivered SAP objects.

Correct Answer: C,D

Question 5

Which master data is supported with SAP Master Data Governance, Financials (MDG F)? Note: There are 3 correct answers to this question.

A. Financial planning data

B. General ledger accounts

C. Financial consolidation data

D. Fixed asset master

E. Profit center hierarchies

Correct Answer: B,C,E

Question 6

What data must you maintain based on daily operations between the source system and the Central Finance system? Note: There are 2 correct answers to the question.

A. Exchange rates

B. Authorization updates

C. Payment methods

D. Internal order mapping

Correct Answer: A,B

Question 7

Which transactional data is posted to the defined substitution accounts during the FI/CO initial load? Note:
There are 2 correct answers to this question.

A. Balance entries related to reconciliation accounts

B. Offsetting entries of balances

C. Offsetting entries of open items

D. Open item entries

Correct Answer: B,D

Question 8

Daring which SAP Activate phase would you design the business blueprint, system landscape, and authorizations for a Central Finance project?

A. Prepare

B. Realize

C. Explore

D. Deploy

Correct Answer: C

Question 9

What are the implications when you activate Central Payment? Meta: There are 2 correct answers to this question.

A. Central Payment is NOT possible for third party systems

B. Tax reports must be executed in the Central Finance system.

C. There are restrictions in tax reporting

D. Credit Management must be activated

Correct Answer: A,B

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SAP Certified Application Associate - Central Finance in SAP S/4HANA (C-S4FCF-1909) Free Practice Test