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Valid Dumps C_S4FCF_2023 Free, C_S4FCF_2023 Study Reference

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SAP C_S4FCF_2023 Exam Syllabus Topics:

Topic
Details

Topic 1

Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.

Topic 2

Initial Load in Central Finance: This section of the exam covers the process of configuring filters for the initial load of Cost Objects, addressing and resolving errors that may arise, executing financial and controlling postings, managing internal CO postings, and conducting reconciliation within the Central Finance system.

Topic 3

Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.

Topic 4

SAP Master Data Governance: This section of the exam covers the central governance aspects of MDG, techniques for mass processing, fundamental concepts, the process of activating default procedures, and defining the data model structure.

Topic 5

System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.

Topic 6

Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.

Topic 7

Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.

Topic 8

Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.

Topic 9

Real-time Replication in Central Finance: In this domain, the focus is given to necessary prerequisites for implementing real-time replication, initiation of the replication process, methods for error correction, the functionality of document flow, and the capability to drill back from the target system to the source system.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q33-Q38):

NEW QUESTION # 33
What are some SAP recommended guiding principles to achieve clean core operations?
Note: There are 3 correct answers to this question.

A. Establish release management.
B. Integrate clean core practices in the end-to-end value process chain.
C. Define roles and responsibilities as part of a process transformation office.
D. Establish an organizational structure, technical foundation, and transformation methodology for clean core.
E. Establish regular housekeeping tasks and procedures.

Answer: A,B,C

Explanation:
Detailed Explanation: SAP recommends establishing release management, integrating clean core practices into the end-to-end process chain, and defining roles and responsibilities as part of a process transformation office to maintain clean core operations and ensure system stability.

NEW QUESTION # 34
Which delta data categories are replicated in real time from SLT to the Central Finance system?
Note: There are 2 correct answers to this question.

A. Delete
B. Add
C. Reconcile
D. Exclude

Answer: A,B

Explanation:
Detailed Explanation: SAP S/4HANA Central Finance uses SLT to replicate financial data in real time. The two key delta data categories that are transferred in real time include Add (newly created records in the source system) and Delete (records removed or deleted). These real-time updates ensure that the Central Finance system reflects all critical financial transactions happening in the source system without delays.

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. Perform month end closing in the source system.
B. Configure the Substitution and Migration Clearing accounts.
C. Define the initial load group.
D. Configure the VCFIN_SOURCE_SET table in the target system.

Answer: B,C

NEW QUESTION # 36
What does the classic Profit Center Accounting (EC-PCA) simulation tool do? Note: There are 2 correct answers to this question.

A. Carries out data mapping checks
B. Checks posting logic
C. Creates mapping entries
D. Posts actual data in the target system

Answer: A,B

NEW QUESTION # 37
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. SAP System Landscape Transformation (SLT)
B. SAP Master Data Governance system
C. Source system
D. Target system

Answer: B,D

NEW QUESTION # 38
......

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