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SAP C-S4FCF-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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.
Topic 3	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 4	System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
Topic 5	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 6	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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q68-Q73):

NEW QUESTION # 68
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. Central Payment is not possible for third-party systems.
C. Credit limits must be maintained at the business partner level in the source system.
D. Invoices posted in the source system are technically cleared.

Answer: B,D

Explanation:
Detailed Explanation: When Central Payment is activated, invoices posted in the source system are technically cleared to prevent duplicate payments. Additionally, Central Payment is limited to SAP systems and cannot be extended to third-party systems.

NEW QUESTION # 69
What are the options for mapping cost objects to internal orders with the cost object mapping framework?
Note: There are 2 correct answers to this question.

A. Product cost collector
B. Service order
C. Cost center
D. QM order

Answer: B,D

Explanation:
Detailed Explanation: With the cost object mapping framework, cost objects like Service orders and QM orders can be mapped to internal orders in Central Finance, facilitating accurate tracking of costs across systems.

NEW QUESTION # 70
Which of the following can you use to explore released APIs?

A. SAP Business Accelerator Hub
B. SAP Application Interface Framework
C. SAP Integration Suite

Answer: A

Explanation:
Detailed Explanation: The SAP Business Accelerator Hub is a key resource for exploring released APIs. It provides access to a wide range of SAP APIs and integration tools for building and maintaining a clean core.

NEW QUESTION # 71
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 in the Central Finance system or as a master data hub.
B. It provides distribution of key and value mapping from the SAP ERP source system to Central Finance.
C. It only provides consolidation for business partners, customers, and vendors.
D. It is used to maintain and perform business mapping.
E. It provides central creation, change, and distribution of master data.

Answer: A,B,E

NEW QUESTION # 72
Which of the following statements describes EC-PCA replication with Central Finance? Note: There are 2 correct answers to this question.

A. EC-PCA document replication does NOT cover postings done by transaction 1KEL.
B. Central Finance mapping logic is applicable to EC-PCA document replication.
C. Error resolution for EC-PCA is carried out using the SAP Application Interface Framework.
D. EC-PCA documents have to be replicated through ALE.

Answer: B,C

NEW QUESTION # 73
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