C-S4FCC-2021 by SAP Actual Free Exam Questions And Answers

Question 1

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. Pre-defined posting logic

C. Ownership percentages posted with investment values

D. Custom posting logic

Discussion 0

Correct Answer: B,D Vote an answer

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Question 2

Which task uses a blank posting level?

A. Release universal journal

B. Currency translation

C. Data collection

D. Calculate net income

Discussion 0

Correct Answer: C Vote an answer

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Question 3

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. ACDOCP records are copied into group reporting.

B. ACDOCA records are copied into group reporting.

C. ACDOCC records are copied into group reporting.

D. BSEG records are copied into group reporting.

Discussion 0

Correct Answer: B,C Vote an answer

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Question 4

What can be assigned to a report item in a reporting rule?
Note: There are 2 correct answers to this question.

A. FS items

B. Subitems

C. Posting levels

D. Hierarchy levels

Discussion 0

Correct Answer: A,B Vote an answer

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Question 5

Which period mode is possible in SAP Group Reporting Data Collection forms?

A. Periodic

B. Weekly

C. Annual

D. Daily

Discussion 0

Correct Answer: A Vote an answer

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Question 6

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. Companies are not mapped to consolidation units.

C. The period is closed in the general ledger.

D. Company codes are not mapped to consolidation units.

Discussion 0

Correct Answer: A,D Vote an answer

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Question 7

What is the best way to run a YTD report?

A. Use the period mode selection in the report

B. Use the YTD measure in the report

C. Calculate YTD data in a custom analytical query

D. Configure group reporting to store YTD data

Discussion 0

Correct Answer: B Vote an answer

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Question 8

What fields are included in a consolidation unit master record?
Note: There are 2 correct answers to this question.

A. Source for local currency key figure

B. Source for document currency key figure

C. Validation method

D. Currency translation method

Discussion 0

Correct Answer: A,D Vote an answer

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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) - C-S4FCC-2021 Exam Practice Test

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