C_S4FCC_2021 Exam Info and Free Practice Test Professional Quiz Study Materials
Accurate Hot Selling C_S4FCC_2021 Exam Dumps 2023 Newly Released
NEW QUESTION 28
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 Cash_node to an FS item
- C. Map the group account 10000000 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: D
NEW QUESTION 29
What must be done in order to use intercompany eliminations that are integrated with SAP Intercompany Matching and Reconciliation?
Note: There are 2 correct answers to this question.
- A. Activate an intercompany hierarchy
- B. Activate the reconciliation close process
- C. Create a reclassification method
- D. Create an elimination method
Answer: C,D
NEW QUESTION 30
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 full ownership percentages for CGO0A and CGOOE consolidation groups
- B. Import the ownership percentage change the CGOOE consolidation group
- C. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups
- D. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
- E. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
Answer: A
NEW QUESTION 31
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 32
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?
- A. Consolidation units
- B. FS items
- C. Custom fields
- D. Subitems
Answer: C
NEW QUESTION 33
What master data objects can be used in global accounting hierarchies?
Note: There are 3 correct answers to this question.
- A. Consolidation group
- B. Profit center
- C. Reporting item
- D. Consolidation unit
- E. Breakdown category
Answer: A,B,D
NEW QUESTION 34
How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.
- A. Via their FS item type
- B. Via their role attribute
- C. Via selection objects
- D. Viaa configuration table
- E. Via their scope attributes
Answer: A,B,D
NEW QUESTION 35
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 Cash_node to an FS item
- C. Map the group account 10000000 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: D
NEW QUESTION 36
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 37
What field is part of a consolidation group master data record?
- A. Validation method
- B. Consolidation method
- C. Reclassification method
- D. Currency translation method
Answer: A
NEW QUESTION 38
What do group journal validation and substitution have in common? Note: There are 2 correct answers to this question.
- A. Table lookups
- B. Control levels
- C. Filtering logic
- D. Preconditions
Answer: A,B
NEW QUESTION 39
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
- B. Add business area to a breakdown category
- C. Enable business area as an attribute for consolidation unit
- D. Enable business area for input
Answer: A
NEW QUESTION 40
What does balance carry forward do?
- A. It carries forward asset values to the same subitem as in the previous year by default.
- B. It carries forward equity values to the same FS item as in the previous year by default unless otherwise specified.
- C. It carries forward statistical FS items to the same subitem as in the previous year by default.
- D. It carries forward reporting FS items to the same FS item as in the previous year by default unless otherwise specified.
Answer: B
NEW QUESTION 41
What table can SAP Group Reporting Data Collection update?
- A. ACDOCU
- B. ACDOCC
- C. ACDOCA
- D. ACDOCP
Answer: A
NEW QUESTION 42
What can happen in SAP S/4HANA Finance for group reporting when you release data?
- 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: B
NEW QUESTION 43
What dimensions can be used in an intercompany report to provide a consolidation view?
Note: There are 2 correct answers to this question.
- A. Consolidation unit eliminated
- B. Consolidation unit
- C. Profit center
- D. Profit center eliminated
Answer: A
NEW QUESTION 44
What is required to run a management consolidation report?
- A. Select a consolidation group
- B. Create a duplicate data set
- C. Create custom report logic
- D. Select a segment hierarchy
Answer: D
NEW QUESTION 45
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. Translated data
- B. Released data
- C. Reported data
- D. Standardized data
Answer: A
NEW QUESTION 46
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. Translated data
- B. Released data
- C. Reported data
- D. Standardized data
Answer: A
NEW QUESTION 47
What translation setting in the sequence would allow you to preserve an existing group currency amount?
- A. Currency translation indicator
- B. Source for group currency key figure
- C. Translation key
- D. Reference rate
Answer: B
NEW QUESTION 48
What dimensions can be used in an intercompany report to provide a consolidation view?
Note: There are 2 correct answers to this question.
- A. Consolidation unit eliminated
- B. Profit center
- C. Consolidation unit
- D. Profit center eliminated
Answer: A,C
NEW QUESTION 49
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. Released data
- B. Standardized data
- C. Reported data
- D. Translated data
Answer: B,C
NEW QUESTION 50
What FS item types can you use in SAP S/4HANA Finance for group reporting?
Note: There are 3 correct answers to this question.
- A. Statistical
- B. Reporting
- C. Asset
- D. Profit & Loss
- E. Balance sheet
Answer: A,B,C
NEW QUESTION 51
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