2023 Valid C-S4FCC-2021 test answers & SAP Exam PDF
Free SAP C-S4FCC-2021 Exam Questions and Answer from Training Expert Pass4guide
SAP C-S4FCC-2021 Exam Syllabus Topics:
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NEW QUESTION 11
What happens when a workflow request in SAP Intercompany Matching and Reconciliation is approved?
- A. The reconciliation status is set to closed.
- B. The elimination status is set to closed.
- C. Elimination entries are posted.
- D. Variance entries are posted.
Answer: A
NEW QUESTION 12
What is the source when viewing group reporting data in SAP Analysis for Office?
- A. A calculation view
- B. A consolidation view
- C. A contribution view
- D. A core data services view
Answer: A,C
NEW QUESTION 13
What must be done in order to use intercompany eliminations that are integrated with SAP Intercompany Matching and Reconciliation?
Note: There are 2 correct answers to this question.
- A. Create a reclassification method
- B. Activate an intercompany hierarchy
- C. Activate the reconciliation close process
- D. Create an elimination method
Answer: A,C
NEW QUESTION 14
What validation tasks should be run after running a reclassification with posting level 10?
Note: There are 2 correct answers to this question.
- A. Validate consolidated data
- B. Validate reported data
- C. Validate universal journal
- D. Validate standardized data
Answer: B,D
NEW QUESTION 15
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 eliminated.
- B. The investment is adjusted.
- C. There cannot be any non-controlling interest values.
- D. There can be non-controlling interest values.
Answer: C,D
NEW QUESTION 16
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. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
- B. Import the ownership percentage change the CGOOE consolidation group
- C. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups
- D. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
- E. Import the full ownership percentages for CGO0A and CGOOE consolidation groups
Answer: E
NEW QUESTION 17
What can you do when using the import group journal entries template?
Note: There are 3 correct answers to this question.
- A. Specify the posting level on the header section of the template
- B. Override substitution rules by inputting values in the Excel file
- C. Upload multiple journal entries using a single Excel file
- D. Adapt the template to include your own custom fields
- E. Post the journal entry to multiple versions at the same time
Answer: A,C,D
NEW QUESTION 18
What selection is a required global parameter?
- A. Consolidation chart of accounts
- B. Consolidation group
- C. Consolidation unit
- D. Fiscal year variant
Answer: A,D
NEW QUESTION 19
From which SAP S/4HANA tables can SAP Intercompany Matching and Reconciliation access intercompany data?
Note: There are 2 correct answers to this question.
- A. ACDOCU
- B. ACDOCP
- C. ACDOCC
- D. ACDOCA
Answer: A,C
NEW QUESTION 20
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: A
NEW QUESTION 21
What tasks must be run before the activity based investment & equity elimination?
Note: There are 2 correct answers to this question.
- A. Run total divestiture
- B. Run intercompany elimination
- C. Calculate net income
- D. Calculate group share
Answer: C,D
NEW QUESTION 22
The balance sheet in SAP S/4HANA Finance for group reporting is out of balance.
When data validation is run, what is the result?
- A. The variance will be posted to a reporting financial statement item.
- B. Subsequent tasks cannot be run but can be blocked.
- C. Subsequent tasks can be run but cannot be blocked.
- D. The variance will be posted to a statistical financial statement item.
Answer: C
NEW QUESTION 23
What are the prerequisites for a horizontal merger?
Note: There are 2 correct answers to this question.
- A. Both consolidation units belong to different consolidation groups.
- B. Both consolidation units have the different investors.
- C. Both consolidation units belong to the same consolidation group.
- D. Both consolidation units have the same investors.
Answer: A,C
NEW QUESTION 24
What does the report logic in SAP S/4HANA group reporting do?
- A. It prevents aggregation based on the FS item type.
- B. It determines the first common parent based on segment hierarchies.
- C. It determines the first common parent based on consolidation group hierarchies.
- D. It reverses the sign based on the FS item type.
Answer: A
NEW QUESTION 25
Which version stores only delta amounts?
- A. Group currency extension version
- B. Planning version
- C. Standard version
- D. Extension version
Answer: A
NEW QUESTION 26
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. 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
Answer: D
NEW QUESTION 27
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question
- A. Consolidation units
- B. Subitems
- C. Custom fields
- D. FS items
Answer: B,D
NEW QUESTION 28
In your rule-based consolidation of investments method, you need to book an amount that is calculated by multiplying by1 minus the ownership percentage. What field would you use?
- A. Percentage complementary
- B. Sign triggered reclassification
- C. Percentage rate
- D. Selection for percentage
Answer: B
NEW QUESTION 29
What fields are relevant for consolidation units that come from non-SAP systems?Note: There are 2 correct answers to this question.
- A. Universal journal integration
- B. Source for group currency key figure
- C. Local currency
- D. Source for local currency key figure
Answer: A,C
NEW QUESTION 30
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