CFIN - Actual correct answers.pdf

Questions from the S4F61 Assessment: 1. What is Central Finance? - An accelerated SAP S/4HANA Finance deployment option - A method to migrate legacy FI systems to SAP S/4HANA 2. What is the objective of Central Finance approach? - Deploying S/4HANA Finance as a "central finance" allows...

Questions from the S4F61 Assessment: 1. What is Central Finance? - An accelerated SAP S/4HANA Finance deployment option - A method to migrate legacy FI systems to SAP S/4HANA 2. What is the objective of Central Finance approach? - Deploying S/4HANA Finance as a "central finance" allows customers to adopt the latest SAP innovations without disrupting their existing ERP systems - Deploying S/4HANA Finance as a "central finance" allows customers to consolidate without harmonizing of master data from different systems 3. If a customer has multiple SAP Systems and Non-SAP Systems as a heterogeneous landscape, how can they consume S/4HANA Innovations faster with SAP Central Finance? - Consume innovations without disrupting existing system setup - Upgrade all ERP Systems to SAP S/4HANA - Upgrade ERP Systems one by one to SAP S/4HANA - Non-SAP Systems are not supported in a Central Finance Deployment 4. What are the prerequisites for SAP ERP systems to be used out-of-the-box for Central Finance? - Releases starting from SAP ERP 6.0 that are in maintenance can be used out-of-the-box as source systems - Releases starting from SAP ERP 4.6C can be used out-of-the-box as source systems 5. The SAP Application Interface Framework (AIF) is: - a framework for interface implementation - a framework for error handling - an alerting system - a tool to manually send single posts to the target system 6. The SAP Application Interface Framework is using - BAPIs - Standard functions - Customer functions - eCATTs 7. In order to do Master Data Governance key mappings you have to know - Business Object Type and Object Identifier Type of respective entity - Business System of source and target (Central Finance) system - Context structure - Values of all fields of context structure in the source and target (Central Finance) system - Logical system number of source and target (Central Finance) system 8. Which steps are necessary for the setup process for source system? - Apply SAP Notes - Assign authorization for SLT user - Source System configuration - Prepare for Initial Load - Train Business Users 9. Which steps are necessary for the setup of the target (Central Finance) system?  - Activate Central Finance business function - Setup RFC destination for source system - Define logical system for source system - Assign RFC destination to logical system for source system - Check logical system assignment for Central Finance client - Run Initial Load 10. Which of the following are parts of the Initial Load of FI postings? - General preparations - Configuration in source system - Extract - Delta Extract - Simulation Runs - Mapping 11. Which of the following reports are part of the Reconciliation reports? - FI Documents Count - CO Balance Comparison - FI Documents Comparison - FI Deleted Documents 12. Which of the following are replicated in Real Time replication? - FI postings (FB01) - Changes to financial documents (FB02) - Clearing of open items - Accounts Receivable (AR) and Accounts Payable (AP) - Management Accounting (CO) postings - Displays of financial documents (FB03) 13. Which of the following are use cases that indicates Central Finance can help to accelerate intercompany reconciliation? - Central finance manages intercompany reconciliation earlier in the closing process with the help of alerts and analytics - All payables and receivables are replicated to Central finance system - Additional data can be stored in central finance system - Central finance system has a system landscape directory which configures intercompany reconciliation 14. What are advantages of SAP Credit Management with Central Finance? - Cross-enterprise and cross system credit evaluation - Customer scoring based on your rules - Easy access to credit information for your sales team - Automated blocking of Business Partners company wide when credit limit is reached 15. Which of the following are true? - Shared Service Framework is the service management platform for Global Business Services Organizations - Shared Service Framework centralizes all service relevant transactional activities - Shared Service Framework simplifies mergers and aquisitions - Shared Service Framework serves as a platform for corporate reporting and planning 16. Which data must be maintained between sender and Central Finance system during daily operation? - Exchange rates - Authorization updates - Logical system names - New Business Partner Questions checked in the S4F61 content: 17. Which source systems require dedicated staging tables on SLT? - Non-SAP ERP system - SAP Business by Design - SAP Business One - SAP ECC 6.0 on SAP HANA - SAP ECC 4.6 18. Which of the following Central Finance interfaces are available for data replication from an SAP source system? - Cost objects - Activity rates - Material cost estimates - WBS elements - Master data elements 19. What is the recommended deployment option for SAP Landscape Transformation? - On a separate instance - On the Central Finance system - On the source system - On SAP Cloud Platform 20. What are the advantages of SLT deployment on a separate instance? - Other systems can be connected without impact on source and Central Finance systems - There is no impact from update of source and Central Finance systems - Other integration scenarios besides Central Finance are possible - SLT has direct access to source and Central Finance systems - No RFC connection is required to source and Central Finance systems 21. A customer is preparing the Central Finance landscape. What are considerations for SLT deployment on existing source or target systems? - SLT has direct access to any data in the source system - Upgrades and updates of the source system with deployed SLT impact the replication of other source systems - There is better replication performance because there is no network connection required to the Central Finance system - SLT deployed in the source system has direct access to any data in the Central Finance system - Other source systems that are connected to SLT have no impact on the performance and stability of the source system with deployed SLT 22. SAP Master Data Governance is installed in a Central Finance landscape. What are the main features? - It can be deployed in the Central Finance system or as a master data hub  - It provides central creation, change, and distribution of master data - It is used to maintain and perform business mapping - It only provides consolidation for business partners, customers, and vendors - It provides distribution of key and value mapping from the SAP ERP source system to Central Finance 23. Which of the following features are provided by Application Interface Framework (AIF)? - Messages can be assigned to SAP transaction codes - Role-based overview for business users - Data correction is possible for all fields - Message severity can be changed - Field labels can be shown with customized text 24. Which tables does SLT read during real-time replication of accounting documents and cost objects from SAP source systems? - Order master data table (AUFK) - Central Finance transfer table (CFIN_ACCHD) - Central Finance transfer table (CFIN_ACCIT) - Sales document header data (VBAK) - Accounting document header table (BKPF) 25. In which table is the FI/CO initial load extracted? - Central finance transfer table (CFIN_ACCHD) - Universal journal entry line table (ACDOCA) - Accounting document header table (BKPF) - Accounting document line items table (BSEG) 26. Which objects uses a direct RFC connection for the initial load? - FI/CO document - Internal CO document - Cost center - Internal order All other objects (except for FI/CO documents) use SLT for the Initial load. 27. Which of the following functions are valid for initial load extraction of FI/CO postings? - The source system controls the period and fiscal year for balance extraction and document extraction - 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 28. Which settings for the FI/CO initial load do you define in the CFIN_SOURCE_SET table in the source system? - Periods for documents - Fiscal year for balances - Company code - Controlling area - Substitution accounts 29. Which tool must you use to view FI/CO initial load errors?  - Central Finance Application Log - SAP Application Interface Framework - Migration cockpit - SAP LT replication server cockpit 30. For which initial load object does error handling NOT take place in the SAP Application Interface Framework (AIF)? - FI/CO documents - EC-PCA documents - Cost objects - CO internal documents 31. Which functions are available in Central Finance to validate the system setup before initial load? - Smoke test functionality for Cost Objects (AUFK) - Smoke test functionality for CO secondary postings - Simulation of postings for FI/CO documents - Simulation of mapping for WBS - Simulation of postings for AVL 32. Which objects are part of Value Mapping? - Company codes - Tax codes - Documents type - G/L accounts - Vendors 33. Which objects are part of Key Mapping? - Customer - Cost center - WBS element - Company code - Tax code 34. You need to harmonize data with the business mapping capability of SAP Master Data Governance. Which mapping capabilities do you have? - Map codes/customizing within the same object type - Map IDs/master data within the same object type - Map IDs/master data between different object types - Map codes/customizing between different object types 35. In which system the MDG functions from Central Finance have been set up to map the entities from the source to the Central Finance system? - Central Finance system - AS Java - WebSphere AS - Apache Tomcat MDG is not a prerequisite to use Central Finance. 36. Which service or application does MDG provide to maintain Key Mapping one by one? - WebDynpro application  - SAP GUI transaction - Cost object mapping - Central Finance replication 37. 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? Please choose the correct answer. - SAP GUI transaction - Central Finance instance - Cost Object mapping - WebDynpro application 38. Which mapping type automatically creates the necessary master data in Central Finance? - Cost object mapping - Value mapping - Complex mapping - Key mapping 39. Which activities must you execute in the productive source system before you can run an FI/CO initial load? - Execute all scheduled jobs and do NOT schedule any new jobs - Perform closing for periodic asset postings - Execute the periodic depreciation posting run - Perform clearings for all open items - Unlock posting periods in the source system 40. Which types of filters can be applied for SAP Landscape Transformation? - Database trigger filter - Transfer filter - Event-based filter - Interface filter - Role-based filter 41. How can you map internal orders? - 1:1 relation - N:1 relation - N:m relation - 1:n relation Table CFIN_SOURCE_SET or VCFIN_SOURCE_SET is only present in the source systems and is required for the Initial load as well as for real time replication. It is not emptied after the Initial load. 42. 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? - Define the initial load group - Configure the Substitution and Migration Clearing accounts - Configure the VCFIN_SOURCE_SET table in the target system - Perform month end closing in the source system 43. Which technical configuration activities must you perform to set up the Central Finance system? - Activate the central finance business function  - Set up the RFC destination for the source system - Define the logical system for the source system - Assign the RFC destination in the source system - Configure the ISO codes for the currencies 44. What is the recommended naming convention when you define a logical system name in Central Finance? - System ID; "CLNT"; client number - System ID; "CLNT"; company code - "CLNT"; client number; system ID - System ID; company code; client number 45. What is a consideration for handling decimal places in the Central Finance system? - If the currency in Central Finance has fewer decimal places than the sender system, rounding is required - For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system - Differences in decimal places for currencies in source and Central Finance systems have no impact on documents posting in the Central Finance system - All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system 46. In order to do MDG key mappings you have to know - Business Object Type and Object Identifier Type of respective entity - Business System of source and target (Central Finance) system - Context structure - Values of all fields of context structure in the source and target (Central Finance) system - Logical system number of source and target (Central Finance) system 47. What specific mapping actions can you define for each business partner? - Mapping obligatory - Mapping if possible - Clear data (also Keep data is possible) - Summarized date - Mapping if authorized 48. Which data is included in SAP Master Data Governance? - Financials data: general ledger accounts, profit centers, and cost centers - Material data: general data and units of measure - Logistics data: sales orders, plants, and organization units such as sales and purchase organization - Bank data: banks, house banks, and bank accounts 49. Which objects are included in SAP Master Data Governance, Consolidation? - Material - Business partner - Plant - Company code 50. What can you define in the Choose Logical System configuration step of the initial load settings? Please choose the correct answer.  - Package size - Substitution accounts - Company code - Start year balances 51. Why must you assign special accounts (clearing and substitution accounts) for the initial load during customizing? - There must be a substitution account for every reconciliation account - Loading balances need an offsetting account - Substitution accounts must be used for sensitive data of the source system - After initial load, an offsetting account will be posted automatically to achieve a balanced balance sheet 52. You prepare the FI/CO initial load. For which type of accounts must you create a substitution account? - Asset reconciliation accounts - Open item managed accounts - Non-operating expense or income accounts - Tax accounts 53. Which transactional data is posted to the defined substitution accounts during the FI/CO initial load? - Balance entries related to reconciliation accounts - Offsetting entries of open items - Open item entries - Offsetting entries of balances 54. SAP recommends running the consistency check report (RFINDEX) with which options selected? - Documents against transaction figures - Indexes – transaction figures - Documents against indexes - Indexes against ledger - Documents against ledger 55. Which activities must you perform in the source system? - Assign authorizations for an RFC user (NOT CONFIRMED) - Maintain the initial load scope (NOT CONFIRMED) - Carry forward balances - Configure decimal places for currencies - Activate central finance business function 56. What actions can you execute in the Interface Monitor of the Central Finance system to support business users? - Link SAP transactions to a message - Change error message text - Activate multiple error tracking - Activate emergency error correction in the source system 57. Which of the following actions are performed by the Level 1 - FI Documents Count report? - It calculates the total number of financial accounting documents posted in the source system  - It combines the total number of journal entries with errors - 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 58. Which report is part of the Reconciliation reports? - FI Document count - CO Balance Comparison - FI Documents Comparison - FI Deleted Documents 59. 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? - Run the RCFIN_DEL_MIG report in the source system - Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system - Delete or cancel all AIF messages with status errors - Delete all entries in the CFIN_SOURCE_SET table in the source system - Stop the data extraction in the target system 60. Which activities must you perform to reset the initial load in the Central Finance? - Reset all relevant transactional data - Start a report to clear the log data the initial load has created - Stop SAP Landscape Transformation replication for AUFK tables - Reset the generated mapping table entries CO-PA line item transactional data can be deleted with report RKEDELE1 in tables CE1xxxx. 61. Which of the following prerequisites must be met before starting the initial load for CO documents? - Initial load of cost objects should be successfully completed - Extraction should be executed, and the DMC_ascpl_select table should be populated with the corresponding filtering conditions - Initial load objects and replication objects for table COBK should not be created - Initial load of FI postings should not be carried out 62. Which activities must you complete before you can activate real-time replication? - Configure the VCFIN_SOURCE_SET view in the corresponding source systems - Configure the Application Interface Framework (NOT CONFIRMED) - Correct all errors associated with the initial load - Delete the extract of the initial load data 63. Which Capability supports the continuous reconciliation between the sender and the Central Finance system? - Reconcile using the FI Balance Reconciliation report - Reconcile using the RACCT_SENDER field in the ACDOCA table - Reconcile using the financial statement (NOT CONFIRMED) - Reconcile individually using the line item drill-down - Reconcile using the Intercompany reconciliation 64. What are advantages of document flow with Central Finance? - "Sender" data fields that explicitly track source - Double-click on Sender document number to drill back from target system to source system  - Edit postings from source system directly in Central Finance system 65. What are some of the advantages of using intercompany reconciliations in Central Finance? - You can manage intercompany reconciliation using alerts and analytics - You can eliminate long-running batch jobs for loading the data into Central Finance - You can assign documents based on predefined and customized rules - You can manage intercompany reconciliations later in the closing process 66. Which processes support intercompany reconciliation in Central Finance? - Reconciliation of GL account open items - Reconciliation of vendor/customer open items - Reconciliation of open payments - Reconciliation of open dispute cases 67. What are the implications when you activate Central Payment functionality? - Invoices posted in the source system are technically cleared - The central system becomes the book of record - Credit limits must be maintained at the business partner level in the source system - Central Payment is not possible for third-party systems 68. Which open item management scenario option is available for Central Payment? - Replicating open items with an automatically technical clearing in source system - Replicating open items and clearing status to Central Finance - Replicating open items with an automatically technical clearing in Central Finance - Replicating open items and clearing status in both directions 69. What are advantages of SAP Credit Management with Central Finance? - Cross-enterprise and cross system credit evaluation - Customer scoring based on your rules - Easy access to credit information for your sales team - Automated blocking of Business Partners company wide when credit limit is reached 70. Which of the following are benefits of Dispute Management with Central Finance? - It enables cross-department dispute resolution - It organizes all information and documents related to a dispute case page - It calculates credit limits - It assigns risk categories 71. You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? - Replication of open items must be used - Payment terms must be replicated (NOT CONFIRMED) - Source systems and Central Finance must use business partners - Central payments must be activated 72. Which capabilities can support the processing of partially paid receivables in Central Finance? - Promise to pay agreements created from a collection worklist - Dispute case for the clarification of payment differences - Alerts of intercompany reconciliation for automatic clearing of remaining receivables - Request-based down payment in the amount of the difference 73. BPC covers the following planning types: - Expense Planning - Profitability Planning - P&L Planning 74. Which of the following is true? - Shared Service Framework centralizes all service relevant transactional activities - Shared Service Framework is the service management platform for Global Business Services Organizations - Shared Service Framework simplifies mergers and acquisitions - Shared Service Framework serves as a platform for corporate reporting and planning 75. Which of the following best defines ACR? - ACR is SAP’s next generation legal reporting solution to manage all statutory reporting needs - ACR is SAP’s next generation obligatory mapping tool that maps field values for all the fields in central finance - ACR is SAP’s next generation compliance list that ensures evaluation, identification, stratification and prioritization of customers - ACR is SAP’s next generation operational planning tool that standardizes and harmonizes processes across units 76. You need to transfer the production variance split into the Central Finance system? - Ensure that costing based CO-PA is activated in the sender system - Define the accounts for splitting price differences - Configure the COGS split for CO-PA (NOT CONFIRMED) - Ensure that account based CO PA is activated in the target system - Ensure that costing based CO PA is activated in the target system 77. What are the prerequisites for price difference splitting in Central Finance? - Costing-based Profitability Analysis must be active in the source system - Production order settlement is configured in the source system - Accounts for splitting price difference are configured in the target system - Account-based Profitability Analysis must be active in the source system - Accounts for splitting price difference are configured in the source system 78. Which detail settings can you define for classic Profit Center Accounting (EC-PCA) postings in Central Finance? - Dedicated ledger group - Separate document type - Offsetting account for one-sided EC-PCA posting - Posting key - Fiscal year variant 79. On which organization level do you maintain PCA in SAP S/4HANA? - Controlling area - Company code - Financial Statement version - Operating concern 80. Which of the following statements describes EC-PCA replication with Central Finance? - Central Finance Mapping logic is applicable to EC-PCA document replication  - Error Resolution for EC-PCA is carried out using Application Interface Framework - EC-PCA documents are replicated to the leading ledger 0L - EC-PCA document replication does not cover postings done by transaction 1KEL 81. When do you activate the replication of WBS elements for Central Finance? - After the configuration of inbound and outbound ALE - After the mapping and replication of cost centers - After replication is activated in SAP Landscape Transformation (SLT) - After the initial load of FI documents 82. What must you do to replicate project definitions and WBS elements? - Configure the inbound and outbound ALE - Set up the Application Interface Framework - Reset the SAP Landscape Transformation staging tables - Activate the Central Finance accounting interface 83. What are the features of the Accounting View of Logistics (AVL) information in Central Finance? - Logistics information is replicated (example: sales order) - Replication is executed via SLT - Business mapping is supported for AVL replication - All information from the logistics document is transferred - AVL information is available for real-time replication only 84. Which of the following processes are applicable during activity rate replication? - Activity rate replication can be run from the source system to CFIN - Activity rate replication can be run from CFIN to the source system - Activity rate replication occurs through cost object mapping framework interface - Configuration of a transfer rule is not needed for replication 85. With central budgeting for internal orders, where is the availability check executed? - In both the target and the source system - In the target system only - In the System Landscape Transformation (SLT) - In the source system only 86. Which actions perform a functional FI/CO key user in a Central Finance project? - Business process validations - User acceptance testing - Create incidents - System setup of the SLT replication - Assign roles and authorizations to end users 87. What data must you maintain based on daily operations between the source system and the Central Finance system? - Exchange rates - Authorization updates - Internal order mapping - Payment methods 88. What activities are typically performed by operational teams on a daily basis between the source system and the Central Finance system?  - Exchange rates - Authorization updates - Check AIF monitor (NOT CONFIRMED) - Payment methods - Internal order mapping 89. With which mapping type do you map cost centers? - Key mapping - Source systems mapping - Value mapping - Cost object mapping 90. Which mapping do you use for objects which are maintained in customizing? - MDG value mapping (code mapping) - Cost object mapping framework - Process Integration mapping - MDG key mapping (ID mapping) 91. Which reports can you use to compare details from the source system with the Central Finance system? - Document count report - Balance comparison report - Document comparison report - Journal entry analyzer report - Actual P&L report 92. What actions can you run in the Application Interface Framework (AIF) of the Central Finance system to support business users? - Link SAP transactions to a message - Change error message text - Activate multiple error tracking - Activate emergency error correction in the source system 93. Which field can be appended to the package key used in the initial load of balances? - Profit Center - Functional Area - Segment - Cost Center 94. In which system must you clear replicated FI documents? - Source system - Central Finance system - SAP Landscape Transformation system - Application Interface Framework system 95. On which level can you activate central payment? - Company code - Payment run ID - Business partner - Client 96. Which of the following are functions of the DB trigger within SAP Landscape Transformation (SLT)? - Record relevant changes in logging tables - Include only relevant tables for DB recording - Decluster table classes into a transparent format - Ensure that replicated changes are kept within the logging tables 97. What happens when you stop a replication in SAP Landscape Transformation (SLT)? - Database triggers in the source are deleted - Logging table in the source is deleted - SLT configuration is deactivated - SLT load and replication object are reset 98. You are performing a CO initial load. For which objects can you use the simulation functionality? - Cost objects - CO documents - Cost centers - WBS elements 99. Which transactions can you use to drill back to the source document? - FI document display (FB03) - CO document display (KSB5) - Change document display (FSCD) - SLT monitor (LTRC) 100. You want to set up the Central Finance system. - Set up the RFC destination for the source system - Assign the logical system for the central finance system - Configure decimal places for currencies - Configure ISO codes for currencies - Assign the RFC destination in the source system 101. Where do you perform the variance calculation in a Central Finance scenario? - In the source system before order settlement - In the source system after order settlement - In the target system before order settlement - In the target system after order settlement 102. Which master data is supported with SAP Master Data Governance, Financials (MDG-F)? - General ledger accounts - Profit center hierarchies - Fixed asset master - Financial planning data 103. Which of the following are architecture components of the Project Replication scenario for Central Finance? - ALE/IDoc outbound and inbound - SAP Master Data Governance (MDG) - Application Interface Framework (AIF) - SAP Landscape Transformation (SLT) - SAP Process Integration (PI) Web service 104. A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations? - Master data is distributed via SAP Master Data Governance to source and target systems - SAP Master Data Governance as a master data hub has complete processes (governance and consolidation) - SAP Master Data Governance is not mandatory for the Central Finance landscape - The Central Finance system must query key and value mapping information from the SAP Master Data Governance system - If SAP Master Data Governance is a standalone system, the source ERP system must query master data and Key Mapping from the Central Finance system 105. Which actions can trigger replication from the source system to the Central Finance system? - Create EC-PCA postings - Release project definition - Create down payments - Create G/L account - Create settlement rules 106. What is a prerequisite to start the replication of internal CO documents? - CFIN_SOURCE_SET table must be configured - Cost elements in the CO document must be primary cost elements - Sender system must be an SAP S/4 system - CO document must be linked to an FI document 107. A customer has a non-SAP source system with runtime-database license. Which SLT scenario must be used for Central Finance implementation? - Business integration - Application-based replication - Data-based replication - Non-SAP 108. Which delta data categories are replicated in real time from SLT to the Central Finance system? - Add - Delete - Reconcile - Exclude 109. Which of the following are domains in SAP Master Data Governance? - Finance - Material - Business Partner, Supplier, and Customer - Logistics - Manufacturing 110. What type of checks does the MDG Mapping Tool perform when uploading mapping entries? - Availability of duplicates - Existence of 1:n mappings - Mapping completeness - Validation of mapping action 111. Which entities are contained in an initial load group?  - Logical system - Company codes - Controlling area - Profit center 112. What is used to determine the Segment field in Central Finance? - The standard derivation logic of the target system - The substitution logic of the source system - The profit center master data settings of the source system - The SAP Master Data Governance mapping 113. In which system the MDG functions from Central Finance have been set up to map the entities from the source to the Central Finance system? - Central Finance system - AS Java - WebSphere AS - Apache Tomcat 114. What do you assign to the logical system as part of the technical configuration of Central Finance? - RFC destination - System name - Company code - Client ID 115. How can you map internal orders from a source system to a Central Finance system? - One-to-one relationship - Many-to-one relationship - One-to-many relationship - Many-to-many relationship 116. Which system/function use the System Landscape Directory (SLD) to determine the local business system? - Central Finance - Central Project (WBS) - Reporting Scenario - Partial Payments integration - Activate central payment by company code 117. Which valuation approaches are supported in the COGS split? - Legal valuation - Group valuation - Profit center valuation - Foreign currency valuation - Inventory valuation 118. What must you consider for the integration of non-SAP source systems with Central Finance? - The data is transferred from the non-SAP system to the SLT staging tables - 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 - Real-time replication is not supported for non-SAP source systems 119. Which event triggers the transfer of COGS to the Central Finance system? - Goods delivery - Invoice receipt - Sales order creation - Production order settlement 120. What are the options for mapping cost objects to internal orders with the cost object mapping framework? - Service Order - QM Order - Cost Center - Product Cost Collector 121. What may be different in the source systems and the Central Finance system, making it necessary to define mapping between these identifiers? - Identifiers of business objects - Purchase order - Purchasing quotation - Purchase requisition 122. You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping? - Central Finance system - SAP Master Data Governance system - Source system - SAP Landscape Transformation (SLT) 123. Which of the following System Landscape Transformation (SLT) staging tables should be populated to connect third-party legacy systems to the Central Finance system? - Header table - Debit and credit items table - Product tax items table - Customer line items table - Cost object items table 124. Which data must you extract from a non-SAP source system to integrate with Central Finance? - Document headers - Debitor and creditor items - Product tax items - Master data items - Order items 125. What does SAP recommend to integrate non SAP system(s) with Central Finance? - Load inbound staging tables on SAP Landscape Transformation - Extract and interface postings using RFC - Interface financial documents using ALE - Extract and bad postings using IDoc Further questions (not confirmed): 126. You are explaining the architectural concept of Central Finance to a customer. Which SLT objects are used during replication from both ABAP and non-ABAP systems? - Reading engine - Mapping and Transformation engine - Database trigger - Logging table 127. What is possible to analyze the existing master data in your various source systems and see a proposal for an initial set of key mappings? - Using Master Data Governance, Consolidation - Account assignment category: E Special stock: E - Consumption posting indicator: Blank Special stock: E - Consumption posting indicator: E Special stock: Blank 128. You have a business requirement to change a specific document type in the target system. Which mapping action would you use? - Map if possible - Mapping authorized - Clear data - Keep data 129. When you create a new set of mappings, the system proposes a default set of mappings based on a preliminary examination of the characteristics or value fields being mapped? - Standard Settings - Combined quantity and value flow - Requirements - Variances cannot be determined for this production orders 130. Which of the following steps are key factors for a successful Central Finance implementation? - Involve business process owners during system design - Define strong master data governance processes - Migrate from a two-tier architecture to a three-tier architecture - Reorganize source systems 131. What are the prerequisites for SAP Landscape Transformation configuration before the initial load? - Create a technical user - Set up RFC destinations - Assign replication objects to the logical system - Create database connections 132. What is the outcome of Central Finance approach? - Integrated transaction processing, planning and reporting - Harmonized and consolidated financial and management reporting - Central process execution like intercompany, disputes or cash management - Integration to central logistics processes 133. What is to be posted into Central Finance, the system needs to translate the customer ID in the document? - An invoice for the customer - The costs are determined by the cost estimate of the reference order - The standard cost estimate is copied from the material master and adjusted by the order quantity - The actual quantities are valuated with plan values 134. What is the purpose of a change request in SAP Master Data Governance? - It acts as a container for new and changed master data - It defines and controls the process flow according to the defined change request type - It transports changed customizing settings - It replicates master data to maintenance systems 135. Which entity do you configure to transfer the production order settlement details? - Settlement profile - Cost element - Cost component - Variance category 136. On which level can you maintain and differentiate global data types during value mapping? - Source system - List ID - Company code - Validity date - Client 137. What is available in the Central Finance system which enables you to keep track of changes to mappings (ID mappings) between a source and the Central Finance system for desired key mapping entities? - Log - Itemization - Report - Variance categories 138. What is an example of a selective data load using SAP Landscape Transformation? - Selected data for a range of years is loaded into SAP HANA - Selected data field values are randomized and loaded into SAP HANA - Selected data for transformation is split into portions - Selected units or currencies are converted into recalculated amounts or values and loaded into SAP HANA 139. What must be configured so it can be carried out when accounting documents from source systems are posted into the Central Finance system? - Data mapping - The system and the user status - The sender and receiver to be assigned to the same profit center - The PA transfer structure of the order 140. You want to maintain the master data of a cost object that has already been replicated to the Central Finance system. In which system is this performed? - Source system  - SAP Landscape Transformation (SLT) - Target system - SAP Master Data Governance system 141. The Margin Analysis (previously known as Profitability Analysis) in the universal journal is based on which document? - Accounting document (NOT CONFIRMED) - Profit center accounting document - Sales document - Costing-based CO-PA document 142. 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 (NOT CONFIRMED) - It can be implemented in function calls that require an immediate return of data to the sender system - This form of communication uses a single function call - SAP S/4HANA must be active on the sending systems and the receiving systems There were about 2-3 out of 80 questions in the exam, that were not part of the ones above The exam version was from the year 2021: C_S4FCF_2021 Sticking to the above questions gave the following outcome: Questions from ERPprep are not suitable for the actual exam. There are 420+ questions on ERPprep. Most of them do not relate to the exam at all.