Free C_S4FCC_2021 Exam Files Downloaded Instantly UPDATED [2023]
100% Pass Guaranteed Free C_S4FCC_2021 Exam Dumps
NEW QUESTION # 16
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.
- A. Translate currency
- B. Calculate net income
- C. Prepare for consolidation group change
- D. Eliminate intercompany
Answer: A,C
NEW QUESTION # 17
What can happen in SAP S/4HANA Finance for group reporting when you release data?
Note: There are 2 correct answers to this question.
- A. ACDOCC records are copied into group reporting.
- B. ACDOCP records are copied into group reporting.
- C. ACDOCA records are copied into group reporting.
- D. BSEG records are copied into group reporting.
Answer: A,D
NEW QUESTION # 18
What selection is a required global parameter?
There are 2 correct answers to this question
- A. Consolidation chart of accounts
- B. Fiscal year variant
- C. Consolidation group
- D. Consolidation unit
Answer: A,B
NEW QUESTION # 19
What can be left blank in a group journal entry substitution rule?
- A. Rule Name
- B. Description
- C. Substitution
- D. Precondition
Answer: D
Explanation:
In a group journal entry substitution rule, the precondition can be left blank. A precondition is used to define the specific circumstances under which a substitution should be applied. If it is left blank, the substitution will be applied to all relevant journal entries without any restriction.
NEW QUESTION # 20
When running reports, what symbol is used to select a blank hierarchy?
- A. @
- B. #
- C. *
- D. $
Answer: C
NEW QUESTION # 21
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 eliminated
- C. Consolidation unit
- D. Profit center eliminated
Answer: B,C
Explanation:
In an intercompany report, the dimensions "Consolidation unit eliminated" and "Consolidation unit" can be used to provide a consolidation view. The "Consolidation unit eliminated" dimension shows the elimination entries, while the "Consolidation unit" dimension displays the data for each consolidation unit involved in the intercompany transactions.
NEW QUESTION # 22
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. ACDOCC
- C. ACDOCP
- D. ACDOCA
Answer: A,B
NEW QUESTION # 23
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 and CGOOE consolidation groups
- C. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
- D. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
- E. Import the ownership percentage change the CGOOE consolidation group
Answer: A
NEW QUESTION # 24
What can happen in SAP S/4HANA Finance for group reporting when you release data?
- A. ACDOCC records are copied into group reporting.
- B. ACDOCP records are copied into group reporting.
- C. ACDOCA records are copied into group reporting.
- D. BSEG records are copied into group reporting.
Answer: A
NEW QUESTION # 25
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. Debit goodwill 40 million
- B. Credit investment 80 million
- C. Debit goodwill 50 million
- D. Credit investment 64 million
Answer: A,B
NEW QUESTION # 26
Which version stores only delta amounts?
- A. Group currency extension version
- B. Planning version
- C. Extension version
- D. Standard version
Answer: A
NEW QUESTION # 27
What posting level is used when you import group shares?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 28
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 # 29
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. Custom fields
- B. FS items
- C. Consolidation units
- D. Subitems
Answer: B,D
NEW QUESTION # 30
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
- A. A source version
- B. Aconsolidation ledger
- C. A consolidation cycle
- D. Asource category
Answer: D
NEW QUESTION # 31
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. Percentage
- D. Destination
Answer: B,C
NEW QUESTION # 32
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 for cost center A is posted and 1 record for cost center B is posted.
- B. 2 records for cost center A are posted and 2 records for cost center B are posted.
- C. 4 records with a blank cost center are posted.
- D. 1 record with a blank cost center is posted.
Answer: D
NEW QUESTION # 33
Which version stores only delta amounts?
- A. Group currency extension version
- B. Planning version
- C. Extension version
- D. Standard version
Answer: A,B
NEW QUESTION # 34
Your currency translation is not translating opening balances.What setting must be changed?
- A. Selection
- B. Translation key
- C. Exchange rate indicator
- D. Reference rate
Answer: D
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the translation setting in the sequence that would allow you to preserve an existing group currency amount is reference rate. Reference rate is a field that defines the exchange rate that is used to translate local currency amounts into group currency amounts. If you want to preserve an existing group currency amount, you can set the reference rate to 1, which means no translation will take place.
NEW QUESTION # 35
When running reports, what symbol is used to select a blank hierarchy?
- A. @
- B. *
- C. $
- D. #
Answer: D
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the symbol that is used to select a blank hierarchy is #. A blank hierarchy is a hierarchy that does not have any nodes or levels. A blank hierarchy can be used to select all the values of a dimension without any filtering or grouping.
NEW QUESTION # 36
......
SAP S/4HANA Finance for Group Reporting certification exam is an excellent opportunity for individuals who want to validate their knowledge and skills in SAP S/4HANA Finance for Group Reporting. SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification is highly regarded in the industry and is recognized globally. By passing C_S4FCC_2021 exam, individuals can enhance their career prospects and demonstrate their expertise in SAP S/4HANA Finance for Group Reporting.
Latest C_S4FCC_2021 dumps - Instant Download PDF: https://www.testinsides.top/C_S4FCC_2021-dumps-review.html