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C_S4FCC_2021 Sample Questions Answers

Questions 4

What is the source when viewing group reporting data in SAP Analysis for Office?

Options:

A.

A contribution view

B.

A calculation view

C.

A consolidation view

D.

A core data services view (CDS view)

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Questions 5

How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.

Options:

A.

Viaa configuration table

B.

Via their scope attributes

C.

Via their FS item type

D.

Via selection objects

E.

Via their role attribute

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Questions 6

How are the investment and the non-controlling interest values accounted for in the purchase method?

Note: There are 2 correct answers to this question.

Options:

A.

There can be non-controlling interest values.

B.

The investment is adjusted.

C.

There cannot be any non-controlling interest values.

D.

The Investment is eliminated.

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Questions 7

Where can fiscal year variants be assigned?

Note: There are 2 correct answers to this question.

Options:

A.

To consolidation ledgers

B.

To versions

C.

To consolidation groups

D.

To consolidation units

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Questions 8

What tasks must be run before the activity based investment & equity elimination? Note: There are 2 correct answers to this question.

Options:

A.

Run total divestiture

B.

Calculate net income

C.

Calculate group share

D.

Run intercompany elimination

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Questions 9

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

Options:

A.

The data validation task

B.

Selected FS items for automatic posting

C.

Selection objects

D.

The calc net income task

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Questions 10

What is the update schedule for SAP Group Reporting Data Collection?

Options:

A.

Twice a year

B.

Once a year

C.

Twice a month

D.

Once a month

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Questions 11

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

Options:

A.

It prevents aggregation based on the FS item type.

B.

It determines the first common parent based on segment hierarchies.

C.

It reverses the sign based on the FS item type.

D.

It determines the first common parent based on consolidation group hierarchies.

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Questions 12

What are the required settings for the elimination of intercompany profit in inventory method?

Note: There are 2 correct answers to this question.

Options:

A.

Partner inclusion

B.

Percent from partner

C.

Percentage periodic

D.

Selection of percentages

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Exam Code: C_S4FCC_2021
Exam Name: SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)
Last Update: Feb 24, 2024
Questions: 80
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