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SAP S/4HANA Central Finance Certification Exam Details:
| Reference Books | S4F601 (SAP S/4HANA 1909) S4F60 (SAP S/4HANA 2020) S4F61 (SAP S/4HANA 2020) S4F60 (SAP S/4HANA 1909) S4F61 (SAP S/4HANA 1909) S4F601e |
| Sample Questions | SAP S/4HANA Central Finance Certification Sample Questions |
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
| Level | Associate |
| Number of Questions | 80 |
| Schedule Exam | SAP Training |
| Duration | 180 mins |
NEW QUESTION 29
Which ones are correct? (Choose three.)
- A. Cost based CO-PA is changed.
- B. BSEG as before Simple Finance, can still be summarized.
- C. Former COEP, FAGLFLEXA, ANEP, MLIT etc. data are stored in ACDOCA.
- D. Profit Center Accounting (ECPCA), Special Purpose Ledgers (FI-SL), Consolidation (ECCS), Joint Venture Accounting, Public Sector etc. work as before.
Answer: B,C,D
NEW QUESTION 30
What does the MDG Mapping Tool check while you upload values? Note: There are 2 correct answers to the question.
- A. Mapping completeness.
- B. Sufficient performance
- C. Existence of 1:n mappings
- D. Availability of duplicates
Answer: C,D
NEW QUESTION 31
Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are 2 correct answers to this question.
- A. Promise to pay agreements created from a collection worklist
- B. Alerts of Intercompany Reconciliation for automatic clearing of remaining receivables
- C. Dispute case for the clarification of payment differences
- D. Request-based down payment in the account of the difference
Answer: A,C
NEW QUESTION 32
What do you assign to the logical system as part of the technical configuration of Central Finance?
- A. RFC destination
- B. System name
- C. Client ID
- D. Company code
Answer: A
NEW QUESTION 33
Which of the following steps are key factors for a successful Central Finance implementation? (Choose two.)
- A. Migrate from a two-tier architecture to a three-tier architecture.
- B. Involve business process owners during system design.
- C. Reorganize source systems.
- D. Define strong master data governance processes.
Answer: B,D
NEW QUESTION 34
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 35
What are the feature of the SAP Shared Service Framework? There are 2 Correct answer of this the question.
- A. It simplifies merger and acquisition
- B. It allows a comparative and harmonized view for corporate reporting
- C. It centralizes all service relevant transactional activities
- D. It is the service management platform for Global Business Services Organizations
Answer: C,D
NEW QUESTION 36
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. Offsetting entries of open items
- B. Offsetting entries of balances
- C. Balance entries related to reconciliation accounts
- D. Open item entries
Answer: B,D
NEW QUESTION 37
You prepare the FICO initial load. For which account types must you create a substitution account.
- A. Tax accounts
- B. Reconciliation accounts
- C. Open item managed accounts
- D. Non open item managed accounts
Answer: B,C
NEW QUESTION 38
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. Internal order mapping
- C. Payment methods
- D. Exchange rates
Answer: A,D
NEW QUESTION 39
Which types of calendar are available for time attribute views in SAP HANA? (Choose two.)
- A. Julian
- B. Factory
- C. Fiscal
- D. Gregorian
Answer: C,D
NEW QUESTION 40
Which processes support intercompany reconciliation in Central Finance?Note: There are 2 correct answers to this question.
- A. Reconciliation of vender/customer open items
- B. Reconciliation of open dispute cases
- C. Reconciliation of open payments
- D. Reconciliation of GL account open items
Answer: A,D
NEW QUESTION 41
You need to transfer the production variance split into the Central Finance system? Note: there are 3 correct answers to this question.
- A. Ensure that account based CO PA is activated in the target system.
- B. Define the accounts for splitting price differences.
- C. Configure the COGS split for CO PA.
- D. Ensure that costing based CO-PA is activated in the sender system.
- E. Ensure that costing based CO PA is activated in the target system.
Answer: B,D,E
NEW QUESTION 42
What is true about CDS views for expired tables? (Choose three.)
- A. Read and write access from custom ABAP Programs or reports possible with S/HANA.
- B. Code inspector can be used to find out the affected part of code with S/HANA.
- C. Read access from custom ABAP Programs or reports possible with S/HANA.
- D. CDS (Core data services) views used for Non-disruptiveness of business functions.
Answer: B,C,D
Explanation:
Explanation/Reference:
NEW QUESTION 43
Why do you call S/4 HANA an Agile approach?
- A. Because of new Account based COPA.
- B. Because of New Cash Management.
- C. Because of Real time process.
- D. Because of index /total tables removed.
Answer: C
NEW QUESTION 44
What is correct about data process using traditional Databases especially from SAP stand point? (Choose two.)
- A. Database used for data store.
- B. Data base used for data store & process.
- C. Data processing happens in application server.
- D. None of the above.
Answer: A,C
NEW QUESTION 45
Which activities must you complete before you can activate real-time replication? Nate: There are 2 correct answers to this question.
- A. Delete the extract of the initial load data.
- B. Configure the Application Interface Framework
- C. Configure the VCFIN SOURCE_SET view in the corresponding source systems.
Answer: A,C
NEW QUESTION 46
Which information model can you use with measures from multiple fact tables?
- A. Analytic privilege
- B. Calculation view
- C. Analytic view
- D. Attribute view
Answer: B
NEW QUESTION 47
Profit centers and cost centers can receive revenue postings. Is it true or false?
- A. True
- B. False
Answer: A
Explanation:
Explanation
NEW QUESTION 48
Which entities are contained in an initial load group? Note: There are 2 correct answers to this question.
- A. Functional area
- B. Profit center
- C. logical system
- D. Company codes
Answer: C,D
NEW QUESTION 49
Which details do you map when you replicate entities from costing-based CO-PA to the universal journal?
- A. G/L accounts
- B. Reconciliation objects
- C. Value fields
- D. Characteristics
Answer: D
NEW QUESTION 50
Finish the statement.
Required installation components for Central Finance are:
(Choose all that apply.)
- A. SAP Landscape Transformation (SLT) Replication Server (plus partner products like Datalytics for non-SAP ERP systems).
- B. SAP HANA Live/Fiori and Smart Business Cockpits etc.
- C. Additional Simple Finance products like Integrated Business Planning, Cash Management,or Fraud Management etc. (optional).
- D. SAP S/4HANA (ERP with SAP Simple Finance).
- E. SAP HANA Hardware (on-premise, cloud, private cloud) and software (database / appliance).
- F. SAP Business Intelligence tools like Analysis for Office.
Answer: A,B,C,D,E,F
NEW QUESTION 51
Which data must you extract from a third party ERP system to integrate it with Central Finance? Note: there are 3 correct answers to this question.
- A. Line items
- B. Master data items
- C. Product tax items
- D. Document headers
- E. Order items
Answer: A,C,D
NEW QUESTION 52
Which activities must you perform to reset the initial load in the Central Finance? There are 2 correct answers.
- A. Start a report to clear the log data the initial load has created.
- B. Reset all relevant transactional data.
- C. Reset the generated mapping table entries.
- D. Stop SAP Landscape Transformation replication for AUFK tables.
Answer: A,B
NEW QUESTION 53
Where do you maintain themaster data of the replicated cost objects.
- A. Target system
- B. SAP Master Data Governance system
- C. Source system
- D. SAP Landscape Transformation system
Answer: C
NEW QUESTION 54
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