Central Finance

Practice Questions

5 Questions

On which level can you activate central payment?

A Client

B Business partner

C Company code

D Payment run ID

Which table contains the FI/CO initial load extract?

A Accounting document line items table (BSEG)

B Accounting document header table (BKPF)

C Universal journal entry line items table (ACDOCA)

D Central finance transfer table (CFIN_ACCHD)

What are the capabilities of the Customer/Vendor Integration (CVI) business function?

ⓘ Note: There are 2 correct answers to this question.

A It integrates the business partner, customer master, and vendor master.

B It checks for duplicates of business partner, customer master, and vendor master.

C It replaces the customer master and vendor master with business partners.

D It allows bi-directional replication of business partner, customer master, and vendor master.

Which event triggers the transfer of cost of goods sold (COGS) to the Central Finance system?

A Sales order creation

B Production order settlement

C Goods delivery

D Invoice receipt

Which of the following steps are key factors for a successful Central Finance implementation?

ⓘ Note: There are 2 correct answers to this question.

A Reorganize source systems.

B Involve business process owners during system design.

C Define strong master data governance processes.

D Migrate from a two-tier to a three-tier architecture.

Q1C — Company code

Q2D — CFIN_ACCHD

Q3A, D

Q4C — Goods delivery

Q5B, C