C-S4FCC-2021 Dumps are Available for Instant Access [2023]
Practice with these C-S4FCC-2021 dumps Certification Sample Questions
NEW QUESTION # 18
What could be the problem if you cannot release data?
Note: There are 2 correct answers to this question.
- A. Companies are not mapped to consolidation units.
- B. The period is closed in the general ledger.
- C. The period is closed in group reporting.
- D. Company codes are are not mapped to consolidation units.
Answer: B,C
NEW QUESTION # 19
What posting level is used when you import group shares?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION # 20
What is the source when viewing group reporting data in SAP Analysis for Office?
- A. A contribution view
- B. A consolidation view
- C. A calculation view
- D. A core data services view (CDS view)
Answer: D
NEW QUESTION # 21
Which task uses a blank posting level?
- A. Calculate net income
- B. Data collection
- C. Currency translation
- D. Release universal journal
Answer: A
NEW QUESTION # 22
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
- A. To acurrency translation adjustment subitem
- B. To the original subitem
- C. To currency translation adjustment FS item
- D. To the original FS item
Answer: B,C
NEW QUESTION # 23
What selection is a required global parameter?
There are 2 correct answers to this question
- A. Fiscal year variant
- B. Consolidation unit
- C. Consolidation chart of accounts
- D. Consolidation group
Answer: A,C
NEW QUESTION # 24
Which of the following SAP S/4HANA ledgers are possible sources for SAP S/4HANA Finance for group reporting? Note: There are 3 correct answers to this question.
- A. The leading ledger
- B. The predictive ledger
- C. A consolidation ledger
- D. An extension ledger
- E. A special purpose ledger
Answer: A,D,E
Explanation:
The possible sources for SAP S/4HANA Finance for group reporting are an extension ledger, the leading ledger, and a special purpose ledger. These ledgers store the financial data required for group reporting purposes.
NEW QUESTION # 25
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. ACDOCP
- C. ACDOCC
- D. ACDOCA
Answer: A,D
NEW QUESTION # 26
What dimensional hierarchy should be selected when running intercompany reports from a legal perspective?
- A. Consolidation unit
- B. Company
- C. Company code
- D. Consolidation group
Answer: C
Explanation:
When running intercompany reports from a legal perspective, the "Company code" dimensional hierarchy should be selected. This is because company codes represent the legal entities within the organization and are the basis for external financial reporting.
NEW QUESTION # 27
Where do non-historic currency translation adjustments normally post?
Note: There are 2 correct answers to this question.
- A. To a currency translation adjustment subitem
- B. To the original subitem
- C. To a currency translation adjustment FS item
- D. To the original FS item
Answer: B,C
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. Debit goodwill 40 million
- B. Credit investment 64 million
- C. Debit goodwill 50 million
- D. Credit investment 80 million
Answer: A,D
NEW QUESTION # 29
In order to use a new validation method, what task IDs are used when assigning the methods to consolidation units? Note: There are 2 correct answers to this question.
- A. Standardized data
- B. Reported data
- C. Released data
- D. Translated data
Answer: B,D
NEW QUESTION # 30
What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?
Note: There are 3 correct answers to this question.
- A. Translation variances
- B. True variances
- C. Price differences
- D. Timing variances
- E. Quantity variances
Answer: A,C,D
NEW QUESTION # 31
What posting level is used when you import group shares?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
Explanation:
When you import group shares, posting20 is used. Posting level 20 is specifically designed for the import of group shares in SAP S/4HANA Finance for group reporting.
NEW QUESTION # 32
In your rule-based consolidation of investments method, you need to book an amount that is calculated by multiplying by1 minus the ownership percentage. What field would you use?
- A. Percentage complementary
- B. Selection for percentage
- C. Percentage rate
- D. Sign triggered reclassification
Answer: D
NEW QUESTION # 33
What ownership chains are supported in the equity pickup solution?
Note: There are 2 correct answers to this question.
- A. Vertical
- B. Single level
- C. Horizontal
- D. Circular
Answer: B,D
NEW QUESTION # 34
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. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
- C. Import the full ownership percentages for CGO0A and CGOOE consolidation groups
- 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 # 35
What selection is a required global parameter?
- A. Consolidation unit
- B. Consolidation chart of accounts
- C. Fiscal year variant
- D. Consolidation group
Answer: B
NEW QUESTION # 36
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