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SAP C_S4FCF_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.
Topic 3	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 4	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 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	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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q19-Q24):

NEW QUESTION # 19
Which objects are included in SAP Master Data Governance consolidation? Note: There are 2 correct answers to this question.

A. Plant
B. Material
C. Company code
D. Business partner

Answer: B,D

NEW QUESTION # 20
Which of the following are benefits of using Dispute Management with Central Finance?
Note: There are 2 correct answers to this question.

A. It organizes all information and documents related to a dispute case page.
B. It enables cross-department dispute resolution.
C. It calculates credit limits.
D. It assigns risk categories.

Answer: A,B

Explanation:
Detailed Explanation: Dispute Management in Central Finance allows for cross-department dispute resolution and organizes all information and documents related to a dispute case. This streamlines the resolution process and improves collaboration across departments.

NEW QUESTION # 21
What are the prerequisites for price difference splitting in Central Finance? Note: There are 3 correct answers to this questions.

A. Accounts for splitting price difference are configured in the target system.
B. Costing-based Profitability Analysis must be active in the source system.
C. Account-based Profitability Analysis must be active in the source system.
D. Production order settlement is configured in the source system.
E. Accounts for splitting price difference are configured in the source system.

Answer: A,D,E

NEW QUESTION # 22
What is one consideration for handling decimal places in the Central Finance system?

A. If the currency in Central Finance has fewer decimal places than the sender system, rounding is required.
B. For any currencies with differing numbers of decimal places, enter the number of decimal places as defined in the Central Finance system.
C. All currencies are assumed to have the same number of decimal places in both the source system and the Central Finance system.
D. Differences in decimal places for currencies in source Central Finance systems have no impact on documents posting in the Central Finance system.

Answer: B

Explanation:
Detailed Explanation: In Central Finance, it is critical to ensure that the number of decimal places for currencies is consistent. When there are differences in decimal places between systems, users must enter the decimal place settings as defined in the Central Finance system to avoid rounding errors during financial postings.

NEW QUESTION # 23
What are the features of Shared Services Framework with Central Finance?
Note: There are 2 correct answers to this question.

A. It is the service management platform for global business service organizations.
B. It centralizes all service-relevant transactional activities.
C. It allows a comparative harmonized view for corporate reporting.
D. It simplifies consolidations.

Answer: A,B

Explanation:
Detailed Explanation: The Shared Services Framework in Central Finance acts as a service management platform for global business service organizations and centralizes all service-relevant transactional activities, ensuring streamlined processes and efficiency across services.

NEW QUESTION # 24
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Visual C_S4FCF_2023 Cert Test | C_S4FCF_2023 Training Kit

SAP C_S4FCF_2023 Exam Syllabus Topics:

C_S4FCF_2023 Training Kit - C_S4FCF_2023 Valid Real Test

SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q19-Q24):

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