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C_S4FCF_2020 SAP Certified Application Associate - Central Finance in SAP S/4HANA Free Practice Exam Questions (2025 Updated)

Prepare effectively for your SAP C_S4FCF_2020 SAP Certified Application Associate - Central Finance in SAP S/4HANA certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

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Total 81 questions

Which of the following are features of the classic Profit Center Accounting (EC-PCA) simulation tool? Note: There are 2 correct answers to this question.

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 codes/customizing between different object types

B.

Map IDs/master data between different object types

C.

Map codes/customizing within the same object type

D.

Map IDs/master data within the same object type

Daring which SAP Activate phase would you design the business blueprint, system landscape, and authorizations for a Central Finance project?

A.

Realize

B.

Explore

C.

Deploy

D.

Prepare

What data must you maintain based on daily operations between the source system and the Central Finance system? Note: There are 2 correct answers to the question.

A.

Authorization updates

B.

Internal order mapping

C.

Exchange rates

D.

Payment methods

Which activities must you perform to set up Central Finance integration? Note: There are 3 correct answers to this question.

A.

Create a filter to limit the data transfer period.

B.

Start the load for your required tables.

C.

Copy pre-delivered SAP objects to your configuration.

D.

Upload pre-delivered SAP objects into REPL_CFIN.

E.

Create a configuration between the source system and target system.

Which valuation approaches are supported in the COGS split? Note: There are 3 correct answers to the question.

A.

Inventory valuation

B.

Legal valuation

C.

Foreign currency valuation

D.

Group valuation

E.

Profit center valuation

What can you define in the Choose Logical System configuration step of the initial load settings?

A.

Substitution accounts

B.

Start year balances

C.

Clearing accounts

D.

Package size

By which customizing entity is the mapping determined for the CO-PA COGS split?

A.

Settlement rule of the Central Finance system

B.

Cost component structure of the Central Finance system

C.

Splitting schema of the source system

D.

Costing sheet of the source system

What is the leading table for FI/CO document replication from SAP source systems?

A.

Central Finance transfer table (CFIN_ACCHD)

B.

Controlling document header table (COBK)

C.

Documents header table (/1LT/CF_E_HEADER)

D.

Accounting document header table (BKPF)

Which actions can trigger replication from the source system to Central Finance? Note: there are 3 correct answers to this question.

A.

Create down payments

B.

Change in financial documents

C.

Clear open items

D.

Acquire fixed asset

E.

Capture parked documents

Which functionality allows you to investigate dispute cases in Central Finance, although NO logistic documents are replicated?

A.

Read-view on staging tables

B.

Drill back

C.

Back posting

D.

Link le source dispute case

What is the recommended deployment option for SAP Landscape Transformation?

A.

On SAP Cloud Platform

B.

On the Central Finance system

C.

On the souse system

D.

On a separate instance

Which master data is supported with SAP Master Data Governance, Financials (MDG F)? Note: There are 3 correct answers to this question.

A.

Profit center hierarchies

B.

Financial consolidation data

C.

General ledger accounts

D.

Financial planning data

E.

Fixed asset master

On which level can you maintain and differentiate global data types during value mapping? Note: There are 3 correct answers to this question.

A.

Source system

B.

Client

C.

Company code

D.

List ID

E.

Validity date

When do you activate the replication of WBS elements for Central Finance?

A.

After the configuration of inbound and outbound ALE

B.

After the replication of CO documents

C.

After replication is activated in SAP Landscape Transformation

D.

After user statuses are mapped

Which actions perform a functional FI/CO key user in a Central Finance project? Note: There are 3 correct answers to this question.

A.

Business process validations

B.

User acceptance testing

C.

Create incidents

D.

Assign roles and authorizations to end users

E.

System setup of the SLT replication

You need to execute the initial load for multiple source systems at the same time. What must you first before you can run the posting simulation?

What the recommended naming convention when you define a logical system name in Central Finance.

A.

"CLNT";client number; system ID

B.

System ID;"CLNT"; client number

C.

System ID;" CLNT";company code

D.

System ID;companycode;client number

Which objects uses a direct RFC connection for the initial load?

A.

FI/CO document

B.

Internal CO document

C.

Internal order

D.

Cost center

Which SAP Master Data Governance deployment options should you consider for a Central Finance landscape? Note: There are 2 correct answers to this question.

A.

Operational SAP ERP source system

B.

Co-deploy on Central Finance system

C.

Master data hub as a standalone system

D.

SAP Landscape Transformation system

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Total 81 questions
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