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  5. SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Questions and Answers

C_S4FCC_2021 Sample Questions Answers

Questions 4

What could be the problem if you cannot release data?

Note: There are 2 correct answers to this question.

Options:

A.

Company codes are not mapped to consolidation units.

B.

The period is closed in the general ledger.

C.

Companies are not mapped to consolidation units.

D.

The period is closed in group reporting.

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Questions 5

How is SAP S/4HANA Finance for group reporting updated when using equity pickup?

Options:

A.

Run the Data Monitor app

B.

Run the Consolidation Monitor app

C.

Run the Import Group Journal Entries app

D.

Run the Equity Pickup app

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Questions 6

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 7

What are the prerequisites for a horizontal merger?

Note: There are 2 correct answers to this question.

Options:

A.

Both consolidation units have the same investors.

B.

Both consolidation units belong to different consolidation groups.

C.

Both consolidation units have the different investors.

D.

Both consolidation units belong to the same consolidation group.

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Questions 8

What selection is a required global parameter?

Options:

A.

Consolidation chart of accounts

B.

Fiscal year variant

C.

Consolidation unit

D.

Consolidation group

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Questions 9

What fields are relevant for consolidation units that come from non-SAP systems?Note: There are 2 correct answers to this question.

Options:

A.

Source for group currency key figure

B.

Universal journal integration

C.

Source for local currency key figure

D.

Local currency

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Questions 10

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?

Options:

A.

1 record with a blank cost center is posted.

B.

1 record for cost center A is posted and 1 record for cost center B is posted.

C.

4 records with a blank cost center are posted.

D.

2 records for cost center A are posted and 2 records for cost center B are posted.

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Questions 11

What does activity based consolidation of investments feature?

Note: There are 2 correct answers to this question.

Options:

A.

Ownership percentages posted separately from investment values

B.

Pre-defined posting logic

C.

Ownership percentages posted with investment values

D.

Custom posting logic

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Questions 12

What translation setting in the sequence would allow you to preserve an existing group currency amount?

Options:

A.

Source for group currency key figure

B.

Reference rate

C.

Translation key

D.

Currency translation indicator

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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: Jan 30, 2023
Questions: 80
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