Download the Latest C_S4FCC_2021 Dumps - 2024 C_S4FCC_2021 Exam Questions
Latest SAP C_S4FCC_2021 Certification Practice Test Questions
NEW QUESTION # 17
What dimensions can be used in a hierarchical elimination?
Note: There are 2 correct answers to this question.
- A. Profit center
- B. Segment
- C. Company code
- D. Company
Answer: A,D
Explanation:
The dimensions that can be used in a hierarchical elimination include company and profit center1.
NEW QUESTION # 18
What selection is a required global parameter? There are 2 correct answers to this question
- A. Consolidation unit
- B. Consolidation group
- C. Consolidation chart of accounts
- D. Fiscal year variant
Answer: C,D
NEW QUESTION # 19
What is the best way to run a YTD report?
- A. Configure group reporting to store YTD data
- B. Use the YTD measure in the report
- C. Calculate YTD data in a custom analytical query
- D. Use the period mode selection in the report
Answer: D
NEW QUESTION # 20
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 all 10 cash G/L accounts to one FS item
- C. Map each cash G/L account to an FS item and roll them up in an FS item hierarchy node
- D. Map the Cash_node to an FS item
Answer: A
NEW QUESTION # 21
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. Merge
- B. Delete
- C. Append
- D. Overwrite
Answer: B,D
NEW QUESTION # 22
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
- A. A consolidation cycle
- B. A source version
- C. A consolidation ledger
- D. A source category
Answer: A,C
NEW QUESTION # 23
What is the source when viewing group reporting data in SAP Analysis for Office?
- A. A contribution view
- B. A core data services view
- C. A consolidation view
- D. A calculation view
Answer: D
NEW QUESTION # 24
What is required to run a management consolidation report?
- A. Create a duplicate data set
- B. Select a segment hierarchy
- C. Create custom report logic
- D. Select a consolidation group
Answer: D
Explanation:
To run a management consolidation report, you must select a consolidation group. The consolidation group represents a set of entities whose financial data will be aggregated and reported in the management consolidation report.
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. ACDOCA
- C. ACDOCC
- D. ACDOCP
Answer: A,B
Explanation:
SAP Intercompany Matching and Reconciliation accesses intercompany data from tables ACDOCU (Universal Journal Entry Line Items - Consolidation View) and ACDOCA (Universal Journal Entry Line Items - General Ledger View). These tables store the financial data needed for the intercompany reconciliation process.
NEW QUESTION # 26
What is the currency translation method assigned to in group reporting?
- A. The consolidation unit
- B. The financial statement item
- C. The consolidation group
- D. The consolidation version
Answer: A
Explanation:
In group reporting, the currency translation method is assigned to the consolidation unit (B).
NEW QUESTION # 27
What dimensions can be used in a hierarchical elimination?
Note: There are 2 correct answers to this question.
- A. Profit center
- B. Company
- C. Segment
- D. Company code
Answer: A,D
NEW QUESTION # 28
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
- A. To the original FS item
- B. To the original subitem
- C. To acurrency translation adjustment subitem
- D. To currency translation adjustment FS item
Answer: D
NEW QUESTION # 29
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.
- A. Prepare for consolidation group change
- B. Calculate net income
- C. Eliminate intercompany
- D. Translate currency
Answer: A,D
NEW QUESTION # 30
What posting level is used when you import group shares?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 31
The balance sheet in SAP S/4HANA Finance for group reporting is out of balance. When data validation is run, what is the result?
- A. Subsequent tasks cannot be run but can be blocked.
- B. The variance will be posted to a reporting financial statement item.
- C. The variance will be posted to a statistical financial statement item.
- D. Subsequent tasks can be run but cannot be blocked.
Answer: D
NEW QUESTION # 32
What document types does SAP provide when importing from SAP Group Reporting Data Collection to SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.
- A. 0C
- B. 0D
- C. 0B
- D. 0A
Answer: A,D
NEW QUESTION # 33
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.
- A. Prepare for consolidation group change
- B. Eliminate intercompany
- C. Calculate net income
- D. Translate currency
Answer: B,D
Explanation:
From the data monitor, you can run tasks such as Translate currency to convert financial data into the group currency and Eliminate intercompany to remove intercompany transactions during the consolidation process.
According to the document, some of the tasks that can be run from the Data Monitor are1:
Translate currency: This task translates the reported data of consolidation units into group currency using the exchange rates maintained in the system.
Eliminate intercompany: This task eliminates the intercompany transactions and balances between consolidation units using the reclassification methods defined in the system.
NEW QUESTION # 34
What is the best way to run a YTD report?
- A. Use the YTD measure in the report
- B. Configure group reporting to store YTD data
- C. Use the period mode selection in the report
- D. Calculate YTD data in a custom analytical query
Answer: A
Explanation:
the best way to run a YTD report is to use the YTD measure in the report. YTD stands for year-to-date and refers to the cumulative amount of data from the beginning of the fiscal year to the current period. The YTD measure is a predefined measure that calculates the YTD amount for each FS item based on their role attribute and period mode.
NEW QUESTION # 35
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