I eventually passed C_BCFIN in first attempt and now I feel proud to say that I am C_BCFIN certified
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1. Which key area of Financial Management has a central focus on funding the business and supporting sustainable growth?
A) Treasury & Working Capital
B) Financial Planning & Analysis
C) Accounting & Financial Close
D) Governance, Risk, & Compliance
2. Which of the following accurately describes components of the Record to Report (R2R)) process within SAP S/4HANA? Note: There are 2 correct answers to this question.
A) Embedded analytics tools provide real-time analytics and compliance support through features like audit trails.
B) The universal journal captures all financial data, ensuring a single source of truth.
C) Financial Accounting excludes tasks related to multiple ledgers and currency valuations.
D) SAP S/4HANA Finance for group reporting is used for decentralized corporate financial consolidation efforts.
3. What are the primary advantages of the Invoice-to-Pay (12P) process within SAP S/4HAANA Finance?
A) It automates manual tasks related to accounts receivable and financial reconciliation.
B) It aims to enhance working capital management through managing outgoing invoicing and customer communications.
C) It works across Accounts Payable, Payment Management, and Supplier Management to streamline operations.
D) It enhances procurement through standalone systems, independent of accounts payable operations.
4. Which SAP Finance technology ensures all finance data is available from a single source?
A) Document Splitting
B) Universal Journal
C) Extension Ledger
D) Actual Costing
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,B | Question # 3 Answer: C | Question # 4 Answer: B |
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I eventually passed C_BCFIN in first attempt and now I feel proud to say that I am C_BCFIN certified
person.
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