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C_S4FCF_2021 Online Practice Questions and Answers

Questions 4

You want to maintain the mapping of the cost object internal order. In which system do you maintain the mapping?

A. Source system

B. SAP Landscape Transformation (SLT)

C. Central Finance system

D. SAP Master Data Governance system

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Questions 5

Which activities must you complete before you can activate real-time replication? Note: There are 2 correct answers to this question.

A. Configure the Application Interface Framework.

B. Correct all errors associated with the initial load.

C. Configure the VCFIN_SOURCE_SET view in the corresponding source systems.

D. Delete the extract of the initial load data.

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Questions 6

You encounter an error during replication: General Ledger Account Master ID in field 'G/L Account' could not be mapped. Which transactions can you use to check the mapping? Note: There are 3 correct answers to this question.

A. Define value mapping (code mapping - transaction CFINIMG -> Maintain Value Mapping)

B. Search Key Mapping (transaction MDG_ANALYSE_IDM)

C. Manage Mappings (transaction FINS_CFIN_MAP_MANAGE)

D. Manage G/L Account (transaction FS00)

E. Manage Key Mapping (transaction MDG_KM_MAINTAIN)

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Questions 7

Which capabilities can support the processing of partially paid receivables in Central Finance? Note: There are 2 correct answers to this question.

A. Request-based down payment in the amount of the difference

B. Dispute case for the clarification of payment differences

C. Promise to pay agreements created from a collection worklist

D. Alerts of intercompany reconciliation for automatic clearing of remaining receivables

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Questions 8

What are the features of the SAP Shared Service 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 simplifies consolidations.

C. It centralizes all service-relevant transactional activities.

D. It allows a comparative and harmonized view for corporate reporting.

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Questions 9

You need to harmonize data with the business mapping capability of SAP Master Data Governance. Which mapping capabilities do you have? Note: There are 2 correct answers to this question.

A. Map IDs/master data within the same object type.

B. Map codes/customizing within the same object type.

C. Map codes/customizing between different object types.

D. Map IDs/master data between different object types.

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Questions 10

What type of checks does the MDG Mapping Tool perform when uploading mapping entries? Note: There are 2 correct answers to this question.

A. Availability of duplicates

B. Validation of mapping action

C. Existence of 1:n mappings

D. Mapping completeness

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Questions 11

What activities are typically performed by operational teams on a daily basis between the source system and the Central Finance system? Note: There are 3 correct answers to this question.

A. Check AIF monitor

B. Payment methods

C. Authorization updates

D. Exchange rates

E. Internal order mapping

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Questions 12

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.

A. Design blueprints

B. Participate in training

C. Create incidents

D. User acceptance testing

E. Assign security roles and authorizations to end users

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Questions 13

Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

A. Messages can be assigned to SAP transaction codes

B. Data correction is possible for all fields

C. Role-based overview for business users

D. Message severity can be changed

E. Field labels can be shown with customized text

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Exam Code: C_S4FCF_2021
Exam Name: SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)
Last Update: Jun 15, 2026
Questions: 80
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