SAP C_S4FCC_2021 Premium Exam Engine pdf - Download Free Updated 80 Questions
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NEW QUESTION # 36
What posting level is used when you import group shares?
- A. 0
- B. 1
- C. 00
- D. 2
Answer: D
NEW QUESTION # 37
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
- A. To currency translation adjustment FS item
- B. To the original FS item
- C. To acurrency translation adjustment subitem
- D. To the original subitem
Answer: A,D
NEW QUESTION # 38
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. 2 records for cost center A are posted and 2 records for cost center B are posted.
- C. 1 record with a blank cost center is posted.
- D. 1 record for cost center A is posted and 1 record for cost center B is posted.
Answer: C
NEW QUESTION # 39
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.
- A. Custom posting logic
- B. Ownership percentages posted separately from investment values
- C. Pre-defined posting logic
- D. Ownership percentages posted with investment values
Answer: A,C
Explanation:
The activity based consolidation of investments feature in SAP S/4HANA Finance for Group Reporting Associates documents allows for pre-defined posting logic and custom posting logic1.
NEW QUESTION # 40
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. Consolidation units
- B. Custom fields
- C. FS items
- D. Subitems
Answer: C,D
NEW QUESTION # 41
When running reports, what symbol is used to select a blank hierarchy?
- A. #
- B. @
- C. *
- D. $
Answer: D
NEW QUESTION # 42
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. Percentage
- B. Source
- C. Trigger
- D. Destination
Answer: B,C
NEW QUESTION # 43
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?
- A. Selected FS items for automatic posting
- B. Selection objects
- C. The data validation task
- D. The calc net income task
Answer: C
NEW QUESTION # 44
What special version do you need to use in order to share ownership relationships?
- A. Consolidation group attribute
- B. Extension
- C. Consolidation unit attribute
- D. Structure
Answer: D
NEW QUESTION # 45
You have the following hierarchy and intercompany transactions:
How many elimination entities are generated?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION # 46
What can be attached to a group journal entry?Note: There are 3 correct answers to this question.
- A. Video files
- B. Audio files
- C. Word documents
- D. URLs
- E. Excel files
Answer: C,D,E
NEW QUESTION # 47
What does a reconciliation case in SAP Intercompany Matching and Reconciliation do?
- A. It selects the default reason code.
- B. It selects matching methods.
- C. It selects the match type.
- D. It selects data sources.
Answer: D
NEW QUESTION # 48
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.
- A. Calculate net income
- B. Eliminate intercompany
- C. Translate currency
- D. Prepare for consolidation group change
Answer: C,D
NEW QUESTION # 49
What must you do in order to release data from a prior period?
- A. Change your global parameters
- B. Release data with an offset of -1
- C. Run the Copy Transaction Data app
- D. Run balance carry forward
Answer: D
NEW QUESTION # 50
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. ACDOCA
- D. ACDOCP
Answer: A,B
NEW QUESTION # 51
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. ACDOCA records are copied into group reporting.
- B. ACDOCC records are copied into group reporting.
- C. ACDOCP records are copied into group reporting.
- D. BSEG records are copied into group reporting.
Answer: A
NEW QUESTION # 52
How is SAP S/4HANA Finance for group reporting updated when using equity pickup?
- A. Run the Data Monitor app
- B. Run the Consolidation Monitor app
- C. Run the Equity Pickup app
- D. Run the Import Group Journal Entries app
Answer: D
NEW QUESTION # 53
What can you do when using the import group journal entries template?
Note: There are 3 correct answers to this question.
- A. Specify the posting level on the header section of the template
- B. Override substitution rules by inputting values in the Excel file
- C. Upload multiple journal entries using a single Excel file
- D. Post the journal entry to multiple versions at the same time
- E. Adapt the template to include your own custom fields
Answer: C,D,E
NEW QUESTION # 54
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 eliminated
- B. Consolidation unit
- C. Profit center
- D. Consolidation unit eliminated
Answer: B,D
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 # 55
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
#1 Certification Exam Roadmapai - B. Enable business area as an attribute for consolidation unit
- C. Enable business area for input
- D. Add business area to a breakdown category
Answer: A
NEW QUESTION # 56
What does activity based feature?
Note: There are 2 correct answers to this question.
- A. Custom posting logic
- B. Ownership percentages posted separately from investment values
- C. Pre-defined posting logic
- D. Ownership percentages posted with investment values
Answer: A,C
NEW QUESTION # 57
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. Calculate group share
- D. Run intercompany elimination
Answer: A,C
NEW QUESTION # 58
What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?
Note: There are 3 correct answers to this question.
- A. Timing variances
- B. Translation variances
- C. True variances
- D. Quantity variances
- E. Price differences
Answer: A,D,E
Explanation:
Item groups identify quantity variances, timing variances and price differences in SAP Intercompany Matching and Reconciliation posting rules1.
NEW QUESTION # 59
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SAP C_S4FCC_2021 certification exam focuses on data collection, which includes topics such as data collection process, data validation, and data import. The final section covers data reporting, which includes topics such as data analysis, financial reporting, and group reporting. Candidates must score at least 68% to pass the exam and receive the SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification.
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