[Mar 07, 2023] C-S4FCC-2021 Test Prep Training Practice Exam Questions Practice Tests [Q45-Q68]

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[Mar 07, 2023] C-S4FCC-2021 Test Prep Training Practice Exam Questions Practice Tests

Exam Questions Answers Braindumps C-S4FCC-2021 Exam Dumps PDF Questions


SAP C-S4FCC-2021 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Consolidation of Investments
  • Structures & Master data
  • Journals & Reclassification
Topic 2
  • Consolidation of Investments
  • Structures & Master data
  • ICMR & Eliminations
Topic 3
  • Data acquisition including Group Reporting Data Collection
  • Data acquisition incl. GRDC
Topic 4
  • Balance Carry Forward, Reporting & Planning
  • BCF, Reporting & Planning
Topic 5
  • Intercompany Matching and Reconciliation & Eliminations
  • Data validation & Currency Translation

 

NEW QUESTION 45
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?

  • A. Subitems
  • B. Custom fields
  • C. FS items
  • D. Consolidation units

Answer: B

 

NEW QUESTION 46
What master data objects can be used in global accounting hierarchies?
Note: There are 3 correct answers to this question.

  • A. Consolidation group
  • B. Breakdown category
  • C. Profit center
  • D. Consolidation unit
  • E. Reporting item

Answer: A,C,D

 

NEW QUESTION 47
When running reports, what symbol is used to select a blank hierarchy?

  • A. @
  • B. #
  • C. *
  • D. $

Answer: D

 

NEW QUESTION 48
What happens when you set the communication status to "Done" in SAP Intercompany Matching and Reconciliation?

  • A. Overdue alarms are cleared.
  • B. An inbox entry is created.
  • C. Differences are set to zero.
  • D. A notification is sent.

Answer: A

 

NEW QUESTION 49
What does the report logic in SAP S/4HANA group reporting do?

  • A. It determines the first common parent based on consolidation group hierarchies.
  • B. It reverses the sign based on the FS item type.
  • C. It prevents aggregation based on the FS item type.
  • D. It determines the first common parent based on segment hierarchies.

Answer: A,C

 

NEW QUESTION 50
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. Translated data
  • C. Reported data
  • D. Standardized data

Answer: B

 

NEW QUESTION 51
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?

  • A. Selection objects
  • B. The data validation task
  • C. Selected FS items for automatic posting
  • D. The calc net income task

Answer: C

 

NEW QUESTION 52
What validation tasks should be run after running a reclassification with posting level 10?
Note: There are 2 correct answers to this question.

  • A. Validate reported data
  • B. Validate consolidated data
  • C. Validate universal journal
  • D. Validate standardized data

Answer: A,D

 

NEW QUESTION 53
You have the following hierarchy and intercompany transactions:

How many elimination entities are generated?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: C

 

NEW QUESTION 54
When you use the flexible upload, what are the file parameters?
Note: There are 2 correct answers to this question.

  • A. Consolidation method
  • B. Input type
  • C. Document type
  • D. Upload method

Answer: A,D

 

NEW QUESTION 55
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. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
  • 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. Import the full ownership percentages for CGO0A and CGOOE consolidation groups

Answer: E

 

NEW QUESTION 56
In group reporting, what do SAP Intercompany Matching and Reconciliation reason codes do?

  • A. They identify currency translation differences in intercompany eliminations.
  • B. They generate inbox entries.
  • C. They generate variance postings.
  • D. They identify transaction differences in intercompany eliminations.

Answer: A

 

NEW QUESTION 57
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. Create a reclassification method
  • B. Create an elimination method
  • C. Activate an intercompany hierarchy
  • D. Activate the reconciliation close process

Answer: A

 

NEW QUESTION 58
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 59
What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?

  • A. Use a live connection
  • B. Use an SAP Fiori app to launch SAP Analytics Cloud
  • C. Use an import connection
  • D. Use an SAP Fiori app for an embedded story

Answer: B,D

 

NEW QUESTION 60
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.

  • A. Eliminate intercompany
  • B. Translate currency
  • C. Calculate net income
  • D. Prepare for consolidation group change

Answer: B,D

 

NEW QUESTION 61
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
  • B. Consolidation unit
  • C. Consolidation unit eliminated
  • D. Profit center eliminated

Answer: C

 

NEW QUESTION 62
Your consolidation monitor is missing the group share calculation task. How could you correct the issue?
Note: There are 2 correct answers to this question.

  • A. Assign a different task group to your version
  • B. Add a custom task based on an API
  • C. Change a task group
  • D. Add a custom task based on a BAdI

Answer: A,C

 

NEW QUESTION 63
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. The period is closed in the general ledger.
  • C. Company codes are are not mapped to consolidation units.
  • D. Companies are not mapped to consolidation units.

Answer: A,B

 

NEW QUESTION 64
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. Reported data
  • B. Released data
  • C. Translated data
  • D. Standardized data

Answer: A,C

 

NEW QUESTION 65
What field values are controlled by breakdown categories when posting to SAP S/4HANA Finance for group reporting?

  • A. Subitems
  • B. Consolidation units
  • C. Custom fields
  • D. FS items

Answer: B,D

 

NEW QUESTION 66
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 the group account 10000000 to an FS item
  • B. Map each cash G/L account to an FS item and roll them up in an FS item hierarchy node
  • C. Map all 10 cash G/L accounts to one FS item
  • D. Map the Cash_node to an FS item

Answer: B

 

NEW QUESTION 67
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. Translated data
  • C. Reported data
  • D. Standardized data

Answer: B

 

NEW QUESTION 68
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