CFIN Exam 2 With 100% Correctly Answered
Questions (A+) Newest
What does SAP recommend to integrate non SAP system(s) with Central Finance?
Choose the correct answer.
Response:
Extract and bad postings using IDoc
Interface financial documents using ALE
Load inbound staging tables on SAP Landscape Transformation
Extract and interface postings using RFC - ANSWER -Load inbound staging tables on
SAP Landscape Transformation
What report belongs to the Reconciliation reports?
There are 3 correct answers to this question.
Response:
FI Documents Comparison
CO Balance Comparison
FI Document count
FI Deleted Documents - ANSWER -FI Documents Comparison
CO Balance Comparison
FI Document count
You want to add column to a calculation view that displays the year-to-date revenue of
the current fiscal year, how can you achieve this?
There are 2 correct answers to this question.
Response:
,-Use a Variable
-Use a Calculated measure
-Use a calculated attribute
-USE a CE Function - ANSWER -Use a Calculated measure
-USE a CE Function
What detail settings can you define for classic Profit Center Accounting (EC-PCA)
postings in Central Finance?
There are 3 correct answers to this question.
Response:
-Fiscal year variant
-Dedicated ledger group
-Offsetting account for one-sided EC-PCA posting
-Posting key
-Separate document type - ANSWER -Dedicated ledger group
-Offsetting account for one-sided EC-PCA posting
-Separate document type
Which of the following describes an SAP HANA analytic view?
Choose the correct answer.
Response:
-It is a materialized set of data
-It is a set of tables Joined together in a Start Schema
-It is a copy of data after transformation
It is a reusable object in attribute views - ANSWER -It is a set of tables Joined together in
a Start Schema
Which of the following are critical success factors for a successful Central Finance
, implementation?
There are 2 correct answers to this question.
Response:
-Migrate from a two-tier architecture to a three-tier architecture.
-Involve business process owners during system design.
-Define strong master data governance processes.
-Reorganize source systems. - ANSWER -Involve business process owners during
system design.
-Define strong master data governance processes.
What do you have to do in order to replicate project definitions and WBS elements?
There are 2 correct answers to this question.
Answer:
-Reset the SAP Landscape Transformation staging tables.
-Configure the inbound and outbound ALE.
-Activate the Central Finance accounting interface.
-Set up the Application Interface Framework. - ANSWER -Configure the inbound and
outbound ALE.
-Set up the Application Interface Framework.
What is Central Finance?
Select the one correct answer.
Solution:
A migration method of legacy FI-systems to SAP S/4HANA
An accelerated SAP S/4HANA Finance deployment option An accelerated SAP
S/4HANA Finance deployment option
What is a prerequisite for the internal CO document replication to start?
Questions (A+) Newest
What does SAP recommend to integrate non SAP system(s) with Central Finance?
Choose the correct answer.
Response:
Extract and bad postings using IDoc
Interface financial documents using ALE
Load inbound staging tables on SAP Landscape Transformation
Extract and interface postings using RFC - ANSWER -Load inbound staging tables on
SAP Landscape Transformation
What report belongs to the Reconciliation reports?
There are 3 correct answers to this question.
Response:
FI Documents Comparison
CO Balance Comparison
FI Document count
FI Deleted Documents - ANSWER -FI Documents Comparison
CO Balance Comparison
FI Document count
You want to add column to a calculation view that displays the year-to-date revenue of
the current fiscal year, how can you achieve this?
There are 2 correct answers to this question.
Response:
,-Use a Variable
-Use a Calculated measure
-Use a calculated attribute
-USE a CE Function - ANSWER -Use a Calculated measure
-USE a CE Function
What detail settings can you define for classic Profit Center Accounting (EC-PCA)
postings in Central Finance?
There are 3 correct answers to this question.
Response:
-Fiscal year variant
-Dedicated ledger group
-Offsetting account for one-sided EC-PCA posting
-Posting key
-Separate document type - ANSWER -Dedicated ledger group
-Offsetting account for one-sided EC-PCA posting
-Separate document type
Which of the following describes an SAP HANA analytic view?
Choose the correct answer.
Response:
-It is a materialized set of data
-It is a set of tables Joined together in a Start Schema
-It is a copy of data after transformation
It is a reusable object in attribute views - ANSWER -It is a set of tables Joined together in
a Start Schema
Which of the following are critical success factors for a successful Central Finance
, implementation?
There are 2 correct answers to this question.
Response:
-Migrate from a two-tier architecture to a three-tier architecture.
-Involve business process owners during system design.
-Define strong master data governance processes.
-Reorganize source systems. - ANSWER -Involve business process owners during
system design.
-Define strong master data governance processes.
What do you have to do in order to replicate project definitions and WBS elements?
There are 2 correct answers to this question.
Answer:
-Reset the SAP Landscape Transformation staging tables.
-Configure the inbound and outbound ALE.
-Activate the Central Finance accounting interface.
-Set up the Application Interface Framework. - ANSWER -Configure the inbound and
outbound ALE.
-Set up the Application Interface Framework.
What is Central Finance?
Select the one correct answer.
Solution:
A migration method of legacy FI-systems to SAP S/4HANA
An accelerated SAP S/4HANA Finance deployment option An accelerated SAP
S/4HANA Finance deployment option
What is a prerequisite for the internal CO document replication to start?
