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C_S4FCC_2021 SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) is now Stable and With Pass Result | Test Your Knowledge for Free

C_S4FCC_2021 Practice Questions

SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)

Last Update 3 days ago
Total Questions : 80

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Question # 1

As of January 2023, your corporation has 3 consolidation groups and 5 consolidation units. In February

2023, the ownership percentage for France was increased from 75% to 76% as shown in the following

image:

What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?

Options:

A.  

Import the full ownership percentages for CGO0A and CGOOE consolidation groups

B.  

Import the ownership percentage change for CGOOE and the CGOOW consolidation groups

C.  

Import the ownership percentage change the CGOOE consolidation group

D.  

Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups

Discussion 0
Question # 2

What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?

Note: There are 3 correct answers to this question.

Options:

A.  

Quantity variances

B.  

Timing variances

C.  

Translation variances

D.  

True variances

E.  

Price differences

Discussion 0
Question # 3

Which of the following SAP S/4HANA ledgers are possible sources for SAP S/4HANA Finance for group

reporting? Note: There are 3 correct answers to this question.

Options:

A.  

A consolidation ledger

B.  

An extension ledger

C.  

The leading ledger

D.  

A special purpose ledger

E.  

The predictive ledger

Discussion 0
Question # 4

When booking group journal entries your customer needs to record values by business area, but it isn't available in the Post Group Journal Entries app. What must you do?

Options:

A.  

Enable business area for input

B.  

Enable business area as an attribute for consolidation unit

C.  

Add business area to a breakdown category

D.  

Add business area to the ACDOCU table

Discussion 0
Question # 5

How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.

Options:

A.  

Viaa configuration table

B.  

Via their scope attributes

C.  

Via their FS item type

D.  

Via selection objects

E.  

Via their role attribute

Discussion 0
Question # 6

What are settings you can define in a document type?

Note: There are 3 correct answers to this question.

Options:

A.  

Reversal document type

B.  

Account range

C.  

Number range

D.  

Posting level

E.  

Balance check

Discussion 0
Question # 7

What are the prerequisites for a horizontal merger?

Note: There are 2 correct answers to this question.

Options:

A.  

Both consolidation units have the same investors.

B.  

Both consolidation units belong to different consolidation groups.

C.  

Both consolidation units have the different investors.

D.  

Both consolidation units belong to the same consolidation group.

Discussion 0
Question # 8

Your currency translation is not translating opening balances.What setting must be changed?

Options:

A.  

Translation key

B.  

Exchange rate indicator

C.  

Reference rate

D.  

Selection

Discussion 0
Question # 9

What master data objects can be used in global accounting hierarchies?Note: There are 3 correct answers to this question.

Options:

A.  

Consolidation group

B.  

Profit center

C.  

Reporting item

D.  

Consolidation unit

E.  

Breakdown category

Discussion 0
Question # 10

When running reports, what symbol is used to select a blank hierarchy?

Options:

A.  

#

B.  

@

C.  

*

D.  

$

Discussion 0
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