2023 Valid C_S4FCC_2021 Real Exam Questions (Updated) 100% Dumps & Practice Exam
[UPDATED 2023] SAP C_S4FCC_2021 Questions Prepare with Free Demo of PDF
SAP C_S4FCC_2021 exam is a rigorous and comprehensive assessment of an individual's knowledge and skills related to SAP S/4HANA Finance for Group Reporting. Earning this certification can help individuals advance their careers in finance and demonstrate their expertise in using SAP's financial reporting tools.
SAP C-S4FCC-2021 is a certification exam designed specifically for SAP professionals who specialize in SAP S/4HANA Finance for Group Reporting Associates. C_S4FCC_2021 exam is designed to test the proficiency of candidates in SAP S/4HANA 2021, which is the latest version of SAP's enterprise resource planning software. C_S4FCC_2021 exam is aimed at professionals who are involved in the implementation, configuration, and maintenance of SAP S/4HANA Finance for Group Reporting Associates.
NEW QUESTION # 18
Your currency translation is not translating opening balances.What setting must be changed?
- A. Selection
- B. Translation key
- C. Reference rate
- D. Exchange rate indicator
Answer: D
NEW QUESTION # 19
In SAP S/4HANA you have ten cash G/L accounts that belong to one G/L account hierarchy node and one group account as shown in the following table.
What is the recommended way to summarize the cash accounts into SAP S/4HANA Finance for group reporting?
- A. Map all 10 cash G/L accounts to one FS item
- B. Map the group account 10000000 to an FS item
- C. Map the Cash_node to an FS item
- D. Map each cash G/L account to an FS item and roll them up in an FS item hierarchy node
Answer: B
NEW QUESTION # 20
What is required to run a management consolidation report?
- A. Select a consolidation group
- B. Select a segment hierarchy
- C. Create custom report logic
- D. Create a duplicate data set& EXACTPREP"
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Answer: B
NEW QUESTION # 21
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
- A. Multiply
- B. Divide
- C. Amount
- D. Quantity
Answer: B,C
NEW QUESTION # 22
What tasks must be run before the activity based investment & equity elimination?
Note: There are 2 correct answers to this question.
- A. Calculate net income
- B. Run total divestiture
- C. Run intercompany elimination
- D. Calculate group share
Answer: A,D
NEW QUESTION # 23
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 for cost center A is posted and 1 record for cost center B is posted.
- C. 2 records for cost center A are posted and 2 records for cost center B are posted.
- D. 1 record with a blank cost center is posted.
Answer: D
NEW QUESTION # 24
What can you do when using the import group journal entries template?
Note: There are 3 correct answers to this question.
- A. Adapt the template to include your own custom fields
- B. Override substitution rules by inputting values in the Excel file
- C. Post the journal entry to multiple versions at the same time
- D. Upload multiple journal entries using a single Excel file
- E. Specify the posting level on the header section of the template
Answer: A,C,D
NEW QUESTION # 25
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:
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. Cost center is set to aggregate in SAP S/4HANA Finance for group reporting.
- C. 1 record for cost center A is posted and 1 record for cost center B is posted.
- D. 2 records for cost center A are posted and 2 records for cost center B are posted.
- E. 1 record with a blank cost center is posted.
Answer: B
NEW QUESTION # 26
Which version stores only delta amounts?
- A. Extension version
- B. Planning version
- C. Standard version
- D. Group currency extension version
Answer: B
Explanation:
https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4ebf1502064b406c964b0911adfb3f01/c27c73226dac4e07ac8aa59a45f92fd8.html
NEW QUESTION # 27
What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?
Note: There are 3 correct answers to this question.
- A. Price differences
- B. True variances
- C. Quantity variances
- D. Timing variances
- E. Translation variances
Answer: A,C,D
Explanation:
Item groups identify quantity variances, timing variances and price differences in SAP Intercompany Matching and Reconciliation posting rules1.
NEW QUESTION # 28
What update modes are possible when performing a flexible upload into SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.
- A. Overwrite
- B. Append
- C. Delete
- D. Merge
Answer: A,C
NEW QUESTION # 29
What is the best way to run a YTD report?
- A. Calculate YTD data in a custom analytical query
- B. Use the period mode selection in the report
- C. Configure group reporting to store YTD data
- D. Use the YTD measure in the report
Answer: B
NEW QUESTION # 30
What ownership chains are supported in the equity pickup solution?
Note: There are 2 correct answers to this question.
- A. Circular
- B. Horizontal
- C. Single level
- D. Vertical
Answer: A
NEW QUESTION # 31
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 a breakdown category
- B. Enable business area for input
- C. Enable business area as an attribute for consolidation unit
- D. Add business area to the ACDOCU table
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Answer: D
NEW QUESTION # 32
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. Subitems
- D. Consolidation units
Answer: B,C
NEW QUESTION # 33
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