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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 S/4HANA Cloud Private Edition, Central Finance Certifications
Certification Provider: SAP
Number of C_S4FCF_2023 practice questions in our database: 80 (updated: Nov. 13, 2024)
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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Jutta

2 days 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

10 days 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

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

22 days ago
The exam covered a lot about Central Payment. Study the centralized payment process and its advantages in a Central Finance scenario.
upvoted 0 times
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Miles

25 days 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.
upvoted 0 times
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Meaghan

1 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

1 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

2 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

2 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

2 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

2 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

2 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

3 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 Nov. 13, 2024 (see below)

Question #1

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.


Question #2

What are some SAP recommended guiding principles to achieve clean core operations?

Note: There are 3 correct answers to this question.

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Correct Answer: A, C, E

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.


Question #3

What is a consideration for handling decimal places in the Central Finance system?

Reveal Solution Hide Solution
Correct Answer: D

Question #4

In which system must you clear replicated FI documents? Note: There are 2 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: A, C

Question #5

Which actions are performed by a Functional FI/CO key user in a Central Finance Project? Note: There are 3 correct answers to this question.

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

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