SAP Certified Associate C-S4FCF-2023 Real Exam Questions and Answers FREE Updated on Mar 19, 2026
C-S4FCF-2023 Ultimate Study Guide - Exam4Tests
NEW QUESTION # 35
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.
- A. Define the initial load group.
- B. Configure the VCFIN_SOURCE_SET table in the target system.
- C. Configure the Substitution and Migration Clearing accounts.
- D. Perform month end closing in the source system.
Answer: A,C
NEW QUESTION # 36
Which transactions can you use to check the mapping? Note: There are 3 correct answe rs to this questio n.
- A. Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)
- B. Define Value Mapping (code mapping - transaction CFINIMG -> Maintain Value Mapping)
- C. Search Key Mapping (transaction MDG_ANALYSE_IDM)
- D. Manage Key Mapping (transaction MDG_KM_MAINTAIN)
- E. Manage G/L Account (transaction FS00)
Answer: A,C,D
Explanation:
SAP Master Data Governance
NEW QUESTION # 37
Which of the following are benefits of using Dispute Management with Central Finance? Note: There are 2 correct answe rs to this questio n.
- A. It assigns risk categories.
- B. It organizes all information and documents related to a dispute case page.
- C. It enables cross-department dispute resolution.
- D. It calculates credit limits.
Answer: B,C
NEW QUESTION # 38
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?
- A. Source system
- B. Target system
- C. SAP Master Data Governance system
- D. SAP System Landscape Transformation (SLT)
Answer: B,C
Explanation:
Detailed Explanation: Once the master data of a cost object has been replicated, any further maintenance is performed in both the SAP Master Data Governance (MDG) system and the target system. This ensures that data consistency is maintained across systems.
NEW QUESTION # 39
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.
- A. Credit Manager Portal
- B. Web services
- C. Process Integration (PI)
- D. Web Dynpro
Answer: B,C
Explanation:
Detailed Explanation: SAP recommends using Process Integration (PI) and Web services to distribute and determine the credit limit in a central Credit Management landscape. These technologies allow for real-time integration and communication between systems.
NEW QUESTION # 40
Which of the following functions are valid for initial load extraction of FI/CO postings?
- A. The target system controls the open items to be extracted from the source system.
- B. The source system controls the period and fiscal year for balance extraction and document extraction.
- C. Initial load can be executed only for specific company codes.
- D. Migration clearing accounts are maintained for reconciliation accounts.
Answer: B
NEW QUESTION # 41
Which service or application does Master Data Governance (MDG) provide to maintain key mappings one by one?
- A. Cost object mapping
- B. Web Dynpro application
- C. Central Finance replication
- D. SAP GUI transaction
Answer: B
Explanation:
Detailed Explanation: The Web Dynpro application provided by Master Data Governance (MDG) is the standard interface for maintaining key mappings one by one, allowing users to manually manage individual mappings.
NEW QUESTION # 42
What is used to determine the Segment field in Central Finance?
- A. The standard derivation logic of the target system
- B. The SAP Master Data Governance mapping
- C. The substitution logic of the source system
- D. The profit center master data settings of the source system
Answer: A
Explanation:
Real time Replication in Central Finance
NEW QUESTION # 43
You plan to use Central Finance system for Collections Management Intercompany Reconciliation. Which prerequisites must be met?
Note: There are 2 correct answers to this question.
- A. Replication of open items must be used.
- B. Central payments must be activated.
- C. Source systems Central Finance must use business partners.
- D. Payment terms must be replicated.
Answer: A,B
Explanation:
Detailed Explanation: To use Collections Management and Intercompany Reconciliation in Central Finance, central payments must be activated, enabling centralized financial processing. Additionally, replication of open items is required to ensure that all outstanding transactions are visible and manageable within the Central Finance system.
NEW QUESTION # 44
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.
- A. Replication of open items must be used.
- B. Central payments must be activated.
- C. Source systems and Central Finance must use business partners.
- D. Payment terms must be replicated.
Answer: A,B
NEW QUESTION # 45
What is a consideration for handling decimal places in the Central Finance system?
- A. All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system.
- B. For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system.
- C. If the currency in Central Finance has fewer decimal places than the sender system, rounding is required.
- D. Differences in decimal places for currencies in source and Central Finance systems have no impact on documents posting in the Central Finance system.
Answer: B
NEW QUESTION # 46
How can you map internal orders from a source system to a Central Finance system?
Note: There are 2 correct answers to this question.
- A. One-to-one relationship
- B. One-to-many relationship
- C. Many-to-one relationship
- D. Many-to-many relationship
Answer: B,C
Explanation:
Detailed Explanation: Internal orders from the source system can be mapped to the Central Finance system using a one-to-many or many-to-one relationship. This flexibility ensures that the mapping aligns with the structure of the internal orders and business needs.
NEW QUESTION # 47
SAP recommends running the consistency check report (RFINDEX) with which options selected? Note:
There are 3 correct answers to this question.
- A. Documents against ledger
- B. Indexes against ledger
- C. Documents against indexes
- D. Indexes - transaction figures
- E. Documents against transaction figures
Answer: C,D,E
NEW QUESTION # 48
SAP Master Data Governance is installed in a Central Finance landscape. What are the main features?
Note: There are 3 correct answers to this question.
- A. It can be deployed as a master data hub.
- B. It provides central creation change distribution of master data.
- C. It governs value mapping for SAP ERP source systems to Central Finance.
- D. It is used to maintain perform business mapping.
- E. It only provides consolidation for business partners customers vendors.
Answer: A,B,C
NEW QUESTION # 49
What are the implications when you activate Central Payment functionality? Note: There are 2 correct answers to this question.
- A. The central system becomes the book of record.
- B. Credit limits must be maintained at the business partner level in the source system.
- C. Central Payment is not possible for third-party systems.
- D. Invoices posted in the source system are technically cleared.
Answer: C,D
NEW QUESTION # 50
You prepare the FI/CO initial load.
For which type of accounts must you create a substitution account?
- A. Non-operating expense or income accounts
- B. Asset reconciliation accounts
- C. Tax accounts
- D. Open item managed accounts
Answer: D
NEW QUESTION # 51
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