Verified C_S4FCC_2021 dumps Q&As - 2023 Latest C_S4FCC_2021 Download
Dumps Questions [2023] Pass for C_S4FCC_2021 Exam
NEW QUESTION # 25
What field is part of a consolidation group master data record?
- A. Consolidation method
- B. Validation method
- C. Reclassification method
- D. Currency translation method
Answer: B
NEW QUESTION # 26
You have the following hierarchy and intercompany transactions:
How many elimination entities are generated?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 27
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
- A. Asource category
- B. A consolidation cycle
- C. Aconsolidation ledger
- D. A source version
Answer: B,C
NEW QUESTION # 28
When you use the flexible upload, what are the file parameters?
Note: There are 2 correct answers to this question.
- A. Upload method
- B. Input type
- C. Document type
- D. Consolidation method
Answer: B,C
NEW QUESTION # 29
In order to use a new validation method, what task IDs are used when assigning the methods to consolidation units? Note: There are 2 correct answers to this question.
- A. Translated data
- B. Standardized data
- C. Reported data
- D. Released data
Answer: B,C
NEW QUESTION # 30
What is the best way to run a YTD report?
- A. Calculate YTD data in a custom analytical query
- B. Use the period mode selection in the report
- C. Configure group reporting to store YTD data
- D. Use the YTD measure in the report
Answer: D
Explanation:
the best way to run a YTD report is to use the YTD measure in the report. YTD stands for year-to-date and refers to the cumulative amount of data from the beginning of the fiscal year to the current period. The YTD measure is a predefined measure that calculates the YTD amount for each FS item based on their role attribute and period mode.
NEW QUESTION # 31
Where can fiscal year variants be assigned?
Note: There are 2 correct answers to this question.
- A. To consolidation units
- B. To consolidation ledgers
- C. To versions
- D. To consolidation groups
Answer: B,D
NEW QUESTION # 32
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
- A. To a currency translation adjustment subitem
- B. To the original subitem
- C. To currency translation adjustment FS item
- D. To the original FS item
Answer: C,D
NEW QUESTION # 33
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?
- A. Add business area to the ACDOCU table
- B. Enable business area as an attribute for consolidation unit
- C. Enable business area for input
- D. Add business area to a breakdown category
Answer: A
Explanation:
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NEW QUESTION # 34
How are the investment and the non-controlling interest values accounted for in the purchase method?
Note: There are 2 correct answers to this question.
- A. The investment is adjusted.
- B. There cannot be any non-controlling interest values.
- C. The Investment is eliminated.
- D. There can be non-controlling interest values.
Answer: B,D
NEW QUESTION # 35
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.
- A. Ownership percentages posted with investment values
- B. Pre-defined posting logic
- C. Ownership percentages posted separately from investment values
- D. Custom posting logic
Answer: B,D
Explanation:
The activity based consolidation of investments feature in SAP S/4HANA Finance for Group Reporting Associates documents allows for pre-defined posting logic and custom posting logic1.
NEW QUESTION # 36
What are settings you can define in a document type?
Note: There are 3 correct answers to this question.
- A. Account range
- B. Number range
- C. Reversal document type
- D. Balance check
- E. Posting level
Answer: B,C,E
Explanation:
In a document type, you can define the reversal document type, number range, and posting level. The reversal document type is used for reversing entries. The number range determines the range of document numbers that can be assigned to documents of that type. The posting level defines whether the document type is used for single-level or cross-company code postings. You can find more information in the SAP S/4HANA Finance for Group Reporting documentation under "Document Types".
NEW QUESTION # 37
What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?
- A. Use an SAP Fiori app to launch SAP Analytics Cloud
- B. Use an SAP Fiori app for an embedded story
- C. Use a live connection
- D. Use an import connection
Answer: A,B
NEW QUESTION # 38
You have 2 records in acdoca with cost center A and 2 records with cost center B. All 4 records are for the same legal entity:
Cost center is set to aggregate in SAP S/4HANA Finance for group reporting.
What happens to the cost center field in group reporting when the data is released?
- A. 1 record with a blank cost center is posted.
- B. 1 record for cost center A is posted and 1 record for cost center B is posted.
- C. 2 records for cost center A are posted and 2 records for cost center B are posted.
- D. 4 records with a blank cost center are posted.
Answer: A
NEW QUESTION # 39
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
- A. Amount
- B. Quantity
- C. Multiply
- D. Divide
Answer: A,D
NEW QUESTION # 40
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.
- A. The leading ledger
- B. An extension ledger
- C. A special purpose ledger
- D. The predictive ledger
- E. A consolidation ledger
Answer: A,C,D
NEW QUESTION # 41
What selection is a required global parameter?
There are 2 correct answers to this question
- A. Fiscal year variant
- B. Consolidation chart of accounts
- C. Consolidation group
- D. Consolidation unit
Answer: A,B
NEW QUESTION # 42
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?
- A. Add business area to the ACDOCU table
- B. Enable business area as an attribute for consolidation unit
- C. Enable business area for input
- D. Add business area to a breakdown category
Answer: A
NEW QUESTION # 43
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
- A. A source category
- B. A consolidation cycle
- C. A source version
- D. A consolidation ledger
Answer: B,D
NEW QUESTION # 44
What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?
Note: There are 3 correct answers to this question.
- A. Quantity variances
- B. Translation variances
- C. Price differences
- D. Timing variances
- E. True variances
Answer: A,C,D
Explanation:
Item groups identify quantity variances, timing variances and price differences in SAP Intercompany Matching and Reconciliation posting rules1.
NEW QUESTION # 45
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.
- A. The leading ledger
- B. An extension ledger
- C. Aspecial purpose ledger
- D. A consolidation ledger
- E. The predictive ledger
Answer: A,C,D
NEW QUESTION # 46
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:
- A. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups
- B. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
- C. Import the ownership percentage change the CGOOE consolidation group
- D. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
- E. Import the full ownership percentages for CGO0A and CGOOE consolidation groups
Answer: A
NEW QUESTION # 47
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