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  • C_S4FCF_2023: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance

SAP C_S4FCF_2023 Exam Questions

Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance
Exam Code: C_S4FCF_2023
Related Certification(s):
  • SAP Certified Associate Certifications
  • SAP Central Finance in SAP S/4HANA 2021 Certifications
Certification Provider: SAP
Actual Exam Duration: 180 Minutes
Number of C_S4FCF_2023 practice questions in our database: 80 (updated: Feb. 08, 2025)
Expected C_S4FCF_2023 Exam Topics, as suggested by SAP :
  • Topic 1: 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 2: 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 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: 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 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: 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: 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 8: 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 9: System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
  • Topic 10: 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.
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Leana

4 days ago
Pass4Success materials were spot on! Be prepared for questions on financial close processes in Central Finance. Understand how it streamlines and centralizes period-end activities.
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Nicolette

19 days ago
The exam covered Central Finance configuration extensively. Study the key configuration steps and settings required for successful implementation.
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Norah

23 days ago
Exam day stress melted away thanks to Pass4Success. Their questions were right on target!
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Janey

28 days ago
I recently passed the SAP Certified Associate exam, and the Pass4Success practice questions were a big help. One question that I found tricky was about Corporate Finance Processes supported by Central Finance, asking how to streamline intercompany reconciliations. I wasn't sure but still passed.
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Suzan

1 months ago
Passed the exam today! There were questions on data replication in Central Finance. Know the different replication scenarios and their technical requirements.
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Jerry

2 months ago
Thanks to Pass4Success, I felt well-prepared. Expect questions on the Central Finance architecture. Understand the components and their interactions within the system landscape.
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Maxima

2 months ago
SAP certification in the bag! Pass4Success made my last-minute prep possible. Grateful!
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Adell

2 months ago
Passing the SAP S/4HANA Cloud Private Edition exam was a significant milestone for me, thanks to Pass4Success. A challenging question was about the Central Finance Landscape Architecture, specifically how to design a scalable architecture. I had to make an educated guess, but it worked out.
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Coleen

2 months ago
The exam included topics on master data management in Central Finance. Study the synchronization process and handling of master data conflicts.
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Filiberto

2 months ago
I am excited to share that I passed the SAP Certified Associate exam. The Pass4Success practice questions were very helpful. One difficult question was about the System Landscape Transformation Server (SLT), asking how to configure SLT for optimal performance. I wasn't confident in my answer but passed nonetheless.
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Robt

3 months ago
Successfully cleared the exam! Be ready for questions on the implementation approach for Central Finance. Know the different deployment options and their implications.
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Arlen

3 months ago
Couldn't have passed without Pass4Success. Their exam questions were so similar to the real thing!
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Golda

3 months ago
Passing the SAP S/4HANA Cloud Private Edition exam was a huge relief, and I owe it to Pass4Success. There was a question about Integration Technology ALE, asking how to set up ALE for data distribution. I was unsure of the exact configuration steps but still managed to pass.
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Jutta

3 months ago
Pass4Success really helped me prepare quickly. There were questions on Central Finance reporting capabilities. Focus on understanding real-time reporting and analytics features.
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Cherry

3 months ago
I passed the SAP Certified Associate - SAP S/4HANA Cloud Private Edition exam, and the Pass4Success practice questions were instrumental. One question that puzzled me was about Managing Clean Core, specifically how to maintain a clean core while integrating custom developments. I guessed, but it turned out fine.
upvoted 0 times
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Lenora

4 months ago
Feeling accomplished! Aced the SAP certification exam. Pass4Success materials were a lifesaver.
upvoted 0 times
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Corrina

4 months ago
The exam covered a lot about Central Payment. Study the centralized payment process and its advantages in a Central Finance scenario.
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Miles

4 months ago
Successfully passing the SAP S/4HANA Cloud Private Edition exam was made easier with Pass4Success. A question that caught me off guard was related to Real-time Replication in Central Finance. It asked about the specific steps to ensure data consistency during replication. I wasn't sure of my answer but still managed to pass.
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Meaghan

4 months ago
Passed the exam with flying colors! Be prepared for questions on SAP Fiori apps specific to Central Finance. Familiarize yourself with their functionality and use cases.
upvoted 0 times
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Dona

4 months ago
I am thrilled to have passed the SAP Certified Associate exam. The Pass4Success practice questions were a lifesaver. One challenging question was about the Run Phase in Central Finance, asking how to monitor and manage ongoing financial postings. I had to think hard about it, but it worked out in the end.
upvoted 0 times
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Lashunda

5 months ago
Whew! The exam was tough, but I made it through. Pass4Success really helped me prepare quickly.
upvoted 0 times
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Alonzo

5 months ago
Thanks to Pass4Success for the great prep materials! The exam had several questions on Universal Journal in Central Finance. Make sure you understand its structure and benefits.
upvoted 0 times
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Luisa

5 months ago
Passing the SAP S/4HANA Cloud Private Edition, Central Finance exam was a great achievement for me, thanks to Pass4Success. There was a tricky question about the Central Finance Setup and Configuration, specifically asking how to configure the initial load of financial data. I wasn't entirely confident in my answer, but I still passed.
upvoted 0 times
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Venita

5 months ago
Just passed the SAP S/4HANA Cloud Private Edition, Central Finance exam! Expect questions on the integration of Central Finance with source systems. Study the data replication process and mapping requirements.
upvoted 0 times
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Jenelle

5 months ago
I recently passed the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Central Finance exam, and I have to say that the Pass4Success practice questions were incredibly helpful. One question that stumped me was about the key components involved in System Integration Concepts. It asked which integration technology is best suited for real-time data replication. I was unsure but managed to get through it.
upvoted 0 times
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Adria

6 months ago
Just passed the SAP S/4HANA Cloud Private Edition, Central Finance exam! Thanks to Pass4Success for the spot-on practice questions.
upvoted 0 times
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Free SAP C_S4FCF_2023 Exam Actual Questions

Note: Premium Questions for C_S4FCF_2023 were last updated On Feb. 08, 2025 (see below)

Question #1

Which of the following API types does SAP recommend to use to achieve clean core integrations?

Note: There are 2 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: B, C

Detailed Explanation: SOAP and OData APIs are recommended by SAP to achieve clean core integrations. These modern API protocols support flexible and scalable integrations while preserving the integrity of the core system.


Question #2

What are the advantages of SLT deployment on a separate instance?

Note: There are 3 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: C, D, E

Detailed Explanation: Deploying SLT on a separate instance provides benefits such as allowing other systems to connect without impacting Central Finance systems, minimizing the impact of upgrades on the source system, and enabling other integration scenarios besides Central Finance.


Question #3

A customer is preparing the Central Finance landscape. What are some considerations for SAP System Landscape Transformation (SLT) deployment on an existing source system?

Note: There are 2 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: A, D

Detailed Explanation: When SLT is deployed in the source system, it has direct access to any data in the source system, but upgrades and updates of the source system may impact replication processes for other connected systems.


Question #4

You want to set up the Central Finance system.

What technical configuration activities do you need to perform?

Note: There are 3 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: C, D, E

Detailed Explanation: Setting up the Central Finance system requires activities like assigning the logical system, configuring decimal places for currencies, and setting up the RFC destination for the source system to enable communication between systems.


Question #5

What activities are typically performed by operational teams on a daily basis between the source systems and the Central Finance system?

Note: There are 3 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: C, D, E

Detailed Explanation: Operational teams often check the SAP Application Interface Framework (AIF) monitor for replication errors, update exchange rates, and manage authorization updates on a daily basis to ensure smooth operation and data consistency between the source and Central Finance systems.


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