[Q45-Q67] C-S4FCC-2021 by SAP Actual Free Exam Questions And Answers [UPDATED 2023]

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C-S4FCC-2021 by SAP Actual Free Exam Questions And Answers [UPDATED 2023]

C-S4FCC-2021 Questions Truly Valid For Your SAP Exam!


SAP C-S4FCC-2021 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Data acquisition including Group Reporting Data Collection
  • Data acquisition incl. GRDC
Topic 2
  • Balance Carry Forward, Reporting & Planning
  • BCF, Reporting & Planning
Topic 3
  • Intercompany Matching and Reconciliation & Eliminations
  • Data validation & Currency Translation
Topic 4
  • Consolidation of Investments
  • Structures & Master data
  • Journals & Reclassification
Topic 5
  • Consolidation of Investments
  • Structures & Master data
  • ICMR & Eliminations

 

NEW QUESTION 45
What is the source when viewing group reporting data in SAP Analysis for Office?

  • A. A contribution view
  • B. A calculation view
  • C. A consolidation view
  • D. A core data services view

Answer: A,B

 

NEW QUESTION 46
Which task uses a blank posting level?

  • A. Calculate net income
  • B. Release universal journal
  • C. Currency translation
  • D. Data collection

Answer: A

 

NEW QUESTION 47
What happens when you set the communication status to "Done" in SAP Intercompany Matching and Reconciliation?

  • A. Overdue alarms are cleared.
  • B. An inbox entry is created.
  • C. Differences are set to zero.
  • D. A notification is sent.

Answer: A

 

NEW QUESTION 48
What can happen in SAP S/4HANA Finance for group reporting when you release data?

  • A. BSEG records are copied into group reporting.
  • B. ACDOCC records are copied into group reporting.
  • C. ACDOCA records are copied into group reporting.
  • D. ACDOCP records are copied into group reporting.

Answer: B

 

NEW QUESTION 49
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 full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
  • D. Import the full ownership percentages for CGO0A and CGOOE consolidation groups
  • E. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups

Answer: E

 

NEW QUESTION 50
What can be attached to a group journal entry?
Note: There are 3 correct answers to this question.

  • A. Word documents
  • B. URLs
  • C. Excel files
  • D. Video files
  • E. Audio files

Answer: A,B,C

 

NEW QUESTION 51
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

 

NEW QUESTION 52
What dimensions can be used in an intercompany report to provide a consolidation view?
Note: There are 2 correct answers to this question.

  • A. Profit center
  • B. Consolidation unit
  • C. Consolidation unit eliminated
  • D. Profit center eliminated

Answer: B,C

 

NEW QUESTION 53
What could be the problem if you cannot release data?
Note: There are 2 correct answers to this question.

  • A. The period is closed in group reporting.
  • B. The period is closed in the general ledger.
  • C. Company codes are are not mapped to consolidation units.
  • D. Companies are not mapped to consolidation units.

Answer: A,B

 

NEW QUESTION 54
How are posting levels used?

  • A. They identify the destination of values.
  • B. They determine the level of granularity for data release.
  • C. They determine the level of granularity for balance carry forward.
  • D. They identify the origin of values.

Answer: B

 

NEW QUESTION 55
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
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  • B. Enable business area for input
  • C. Add business area to a breakdown category
  • D. Enable business area as an attribute for consolidation unit

Answer: A

 

NEW QUESTION 56
Company A purchased 80% of Company B for 80 million in December of 2022. Company B's equity is 50 million. What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.

  • A. Credit investment 80 million
  • B. Debit goodwill 40 million
  • C. Credit investment 64 million
  • D. Debit goodwill 50 million

Answer: B,C

 

NEW QUESTION 57
How do you create a group journal entry with multiple versions?

  • A. Select multiple extension versions
  • B. Select multiple reference versions
  • C. Select multiple group currency extension versions
  • D. Select multiple standard versions

Answer: C

 

NEW QUESTION 58
What is the best way to run a YTD report?

  • A. Configure group reporting to store YTD data
  • B. Calculate YTD data in a custom analytical query
  • C. Use the period mode selection in the report
  • D. Use the YTD measure in the report

Answer: C

 

NEW QUESTION 59
What settings must you maintain in a reclassification method sequence in order to reclassify local finished goods into corporate finished goods inventory?
Note: There are 2 correct answers to this question.

  • A. Source
  • B. Trigger
  • C. Destination
  • D. Percentage

Answer: A,B

 

NEW QUESTION 60
What does the report logic in SAP S/4HANA group reporting do?

  • A. It determines the first common parent based on consolidation group hierarchies.
  • B. It reverses the sign based on the FS item type.
  • C. It prevents aggregation based on the FS item type.
  • D. It determines the first common parent based on segment hierarchies.

Answer: A,C

 

NEW QUESTION 61
What is required to run a management consolidation report?

  • A. Select a segment hierarchy
  • B. Create a duplicate data set
  • C. Select a consolidation group
  • D. Create custom report logic

Answer: A

 

NEW QUESTION 62
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: A

 

NEW QUESTION 63
What fields are relevant for consolidation units that come from non-SAP systems?Note: There are 2 correct answers to this question.

  • A. Local currency
  • B. Universal journal integration
  • C. Source for local currency key figure
  • D. Source for group currency key figure

Answer: C,D

 

NEW QUESTION 64
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. 4 records with a blank cost center are posted.
  • B. 1 record with a blank cost center is posted.
  • C. 2 records for cost center A are posted and 2 records for cost center B are posted.
  • D. 1 record for cost center A is posted and 1 record for cost center B is posted.

Answer: B

 

NEW QUESTION 65
When you use the flexible upload, what are the file parameters?
Note: There are 2 correct answers to this question.

  • A. Consolidation method
  • B. Input type
  • C. Document type
  • D. Upload method

Answer: B,C

 

NEW QUESTION 66
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. 4 records with a blank cost center are posted.
  • B. 1 record with a blank cost center is posted.
  • C. 2 records for cost center A are posted and 2 records for cost center B are posted.
  • D. 1 record for cost center A is posted and 1 record for cost center B is posted.

Answer: B

 

NEW QUESTION 67
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