Updated Jan 28, 2023 C_S4FCC_2021 Exam Dumps - PDF Questions and Testing Engine
New (2023) SAP C_S4FCC_2021 Exam Dumps
NEW QUESTION 13
What special version do you need to use in order to share ownership relationships?
- A. Consolidation unit attribute
- B. Consolidation group attribute
- C. Structure
- D. Extension
Answer: C
NEW QUESTION 14
You have the following hierarchy and intercompany transactions:
How many elimination entities are generated?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 15
Which version stores only delta amounts?
- A. Standard version
- B. Planning version
- C. Extension version
- D. Group currency extension version
Answer: C
NEW QUESTION 16
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. BSEG records are copied into group reporting.
- B. ACDOCP records are copied into group reporting.
- C. ACDOCA records are copied into group reporting.
- D. ACDOCC records are copied into group reporting.
Answer: A,D
NEW QUESTION 17
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?
- A. Selection objects
- B. Selected FS items for automatic posting
- C. The data validation task
- D. The calc net income task
Answer: B
NEW QUESTION 18
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. Create an elimination method
- C. Activate the reconciliation close process
- D. Create a reclassification method
Answer: C,D
NEW QUESTION 19
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
- A. To currency translation adjustment FS item
- B. To acurrency translation adjustment subitem
- C. To the original FS item
- D. To the original subitem
Answer: A
NEW QUESTION 20
What fields are relevant for consolidation units that come from non-SAP systems?Note: There are 2 correct answers to this question.
- A. Local currency
- B. Source for group currency key figure
- C. Universal journal integration
- D. Source for local currency key figure
Answer: A,C
NEW QUESTION 21
What dimensions can be used in a hierarchical elimination?
Note: There are 2 correct answers to this question.
- A. Segment
- B. Profit center
- C. Company
- D. Company code
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Answer: B,D
NEW QUESTION 22
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. Profit center eliminated
- C. Consolidation unit
- D. Consolidation unit eliminated
Answer: D
NEW QUESTION 23
What dimensional hierarchy should be selected when running intercompany reports from a legal perspective?
- A. Consolidation group
- B. Company
- C. Consolidation unit
- D. Company code
Answer: C
NEW QUESTION 24
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.
- A. Custom posting logic
- B. Ownership percentages posted with investment values
- C. Ownership percentages posted separately from investment values
- D. Pre-defined posting logic
Answer: A,D
NEW QUESTION 25
What master data objects can be used in global accounting hierarchies?
Note: There are 3 correct answers to this question.
- A. Reporting item
- B. Breakdown category
- C. Profit center
- D. Consolidation unit
- E. Consolidation group
Answer: C,D,E
NEW QUESTION 26
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?
- A. 4 records with a blank cost center are posted.
- B. 1 record for cost center A is posted and 1 record for cost center B is posted.
- C. 2 records for cost center A are posted and 2 records for cost center B are posted.
- D. 1 record with a blank cost center is posted.
Answer: D
NEW QUESTION 27
What ownership chains are supported in the equity pickup solution?
Note: There are 2 correct answers to this question.
- A. Circular
- B. Horizontal
- C. Vertical
- D. Single level
Answer: A,B
NEW QUESTION 28
What are the prerequisites for a horizontal merger?
Note: There are 2 correct answers to this question.
- 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.
Answer: B,D
NEW QUESTION 29
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: C,D,E
NEW QUESTION 30
How do you create a group journal entry with multiple versions?
- A. Select multiple standard versions
- B. Select multiple reference versions
- C. Select multiple group currency extension versions
- D. Select multiple extension versions
Answer: C
NEW QUESTION 31
What selection is a required global parameter?
- A. Consolidation group
- B. Consolidation chart of accounts
- C. Fiscal year variant
- D. Consolidation unit
Answer: B
NEW QUESTION 32
When running reports, what symbol is used to select a blank hierarchy?
- A. $
- B. *
- C. #
- D. @
Answer: B
NEW QUESTION 33
How do you configure periodic vs. YTD translation?
- A. Translation key
- B. Reference rate
- C. Temporal translation difference
- D. Currency translation indicator
Answer: D
NEW QUESTION 34
What does activity based feature?
Note: There are 2 correct answers to this question.
- A. Custom posting logic
- B. Ownership percentages posted with investment values
- C. Ownership percentages posted separately from investment values
- D. Pre-defined posting logic
Answer: A,D
NEW QUESTION 35
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 an elimination method
- B. Activate an intercompany hierarchy
- C. Activate the reconciliation close process
- D. Create a reclassification method
Answer: A,D
NEW QUESTION 36
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