Updated SAP C_S4FCC_2021 Dumps – Check Free C_S4FCC_2021 Exam Dumps (2023)
Updated C_S4FCC_2021 exam with SAP Real Exam Questions
The SAP C_S4FCC_2021 exam consists of 80 multiple-choice questions and has a duration of 180 minutes. The exam covers various topics related to SAP S/4HANA Finance for Group Reporting, including financial accounting in SAP S/4HANA, group closing in SAP S/4HANA, financial statement preparation, and consolidation. Candidates must attain a minimum score of 65% to pass the exam and receive their certification. Successful candidates can use the SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification to demonstrate their expertise to employers and clients and advance their careers in the field of finance and accounting.
NEW QUESTION # 42
What FS item types can you use in SAP S/4HANA Finance for group reporting?
Note: There are 3 correct answers to this question.
- A. Statistical
- B. Asset
- C. Reporting
- D. Profit & Loss
- E. Balance sheet
Answer: A,B,C
NEW QUESTION # 43
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. Activate an intercompany hierarchy
- B. Create an elimination method
- C. Create a reclassification method
- D. Activate the reconciliation close process
Answer: C,D
NEW QUESTION # 44
What must you do in order to release data from a prior period?
- A. Change your global parameters
- B. Run the Copy Transaction Data app
- C. Run balance carry forward
- D. Release data with an offset of -1
Answer: C
NEW QUESTION # 45
Which task uses a blank posting level?
- A. Release universal journal
- B. Data collection
- C. Currency translation
- D. Calculate net income
Answer: A
NEW QUESTION # 46
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 for input
- C. Enable business area as an attribute for consolidation unit
- D. Add business area to a breakdown category
Answer: D
Explanation:
To record values by business area in the Post Group Journal Entries app, you must add the business area to a breakdown category. It allows you to capture the required values by business area.
NEW QUESTION # 47
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.
- A. Ownership percentages posted separately from investment values
- B. Ownership percentages posted with investment values
- C. Pre-defined posting logic
- D. Custom posting logic
Answer: C,D
NEW QUESTION # 48
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.
- A. Eliminate intercompany
- B. Calculate net income
- C. Translate currency
- D. Prepare for consolidation group change
Answer: B,C
NEW QUESTION # 49
Which version stores only delta amounts?
- A. Planning version
- B. Group currency extension version
- C. Standard version
- D. Extension version
Answer: A,B
NEW QUESTION # 50
What can be assigned to a report item in a reporting rule?
Note: There are 2 correct answers to this question.
- A. Hierarchy levels
- B. FS items
- C. Posting levels
- D. Subitems
Answer: B,C
NEW QUESTION # 51
What translation setting in the sequence would allow you to preserve an existing group currency amount?
- A. Translation key
- B. Currency translation indicator
- C. Source for group currency key figure
- D. Reference rate
Answer: A
NEW QUESTION # 52
What makes up data slices in SAP Intercompany Matching and Reconciliation matching rules?
Note: There are 2 correct answers to this question.
- A. Company
- B. Company code
- C. Partner unit
- D. Leading unit
Answer: B,D
NEW QUESTION # 53
What document types does SAP provide when importing from SAP Group Reporting Data Collection to SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.
- A. 0A
- B. 0C
- C. 0D
- D. 0B
Answer: A,B
NEW QUESTION # 54
What is the best way to run a YTD report?
- A. Use the period mode selection in the report
- B. Configure group reporting to store YTD data
- C. Calculate YTD data in a custom analytical query
- 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 # 55
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 full ownership percentages for CGO0A and CGOOE consolidation groups
- B. Import the ownership percentage change the CGOOE consolidation group
- C. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
- D. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups
- E. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
Answer: D
NEW QUESTION # 56
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
- A. Quantity
- B. Amount
- C. Divide
- D. Multiply
Answer: C,D
NEW QUESTION # 57
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