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The ‘SAP Certified Application Associate – Central Finance in SAP S/4HANA (SAP S/4HANA 2021)’ certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and in‐depth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project’s success right away. The certificate issued for passing this exam will be valid for 5 years. This certificate is the ideal starting point for a career as a Central Finance consultant.

Exam Code: C_S4FCF_2021

Exam Name: SAP Certified Application Associate – Central Finance in SAP S/4HANA (SAP S/4HANA 2021)

Exam: 80 questions

Cut Score: 64%

Duration: 180 mins

Languages: English

Central Finance Landscape Architecture > 12%

Real time Replication in Central Finance > 12%

Initial Load in Central Finance > 12%

Central Finance Setup and Configuration 8% – 12%

SAP Master Data Governance 8% – 12%

System Landscape Transformation Server (SLT) 8% – 12%

Corporate Finance Processes supported by Central Finance 8% – 12%

Integration Technology ALE < 8%

Run Phase in Central Finance < 8%

System Integration Concepts < 8%

What is used to determine the Segment field in Central Finance?

A.The SAP Master Data Governance mapping

B.The profit center master data settings of the source system

C.The substitution logic of the source system

D.The standard derivation logic of the target system

Answer : D

Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.

A.Material data: general data and units of measure

B.Bank data: banks, house banks, and bank accounts

C.Financials data: general ledger accounts, profit centers, and cost centers

D.Logistics data: sales orders, plants, and organization units such as sales and purchase organization

Answer : A, C

Which of the following System Landscape Transformation (SLT) staging tables should be populated to connect third-party legacy systems to the Central Finance system? Note: There are 3 correct answers to this question.

A.Header table

B.Debit and credit items table

C.Product tax items table

D.Cost object items table

E.Customer line items table

Answer : A, B, D

The MDG mapping repository contains key mapping for master data, and value mapping for customizing. Which service or application does MDG provide to maintain value mapping one by one?

A.Cost Object mapping

B.SAP GUI transaction

C.Central Finance instance

D.WebDynpro application

Answer : B

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

A.Substitution accounts

B.Company code

C.Start year balances

D.Package size

Answer : D

Which objects are included in SAP Master Data Governance, Consolidation? Note: There are 2 correct answers to this question.

A.Plant

B.Company code

C.Business partner

D.Material

Answer : C, D