C-S4FCC-2021 Actual Questions Answers Pass With Real C-S4FCC-2021 Exam Dumps [Q22-Q46] : Free Exams Dumps Materials : http://exams.dumpsmaterials.com

QUESTION 22
How is SAP S/4HANA Finance for group reporting updated when using equity pickup?

Run the Data Monitor app

Run the Consolidation Monitor app

Run the Import Group Journal Entries app

Run the Equity Pickup app

QUESTION 23
How are posting levels used?

They identify the origin of values.

They identify the destination of values.

They determine the level of granularity for balance carry forward.

They determine the level of granularity for data release.

QUESTION 24
What does activity based feature?
Note: There are 2 correct answers to this question.

Ownership percentages posted separately from investment values

Pre-defined posting logic

Ownership percentages posted with investment values

Custom posting logic

QUESTION 25
When booking group journal entries your customer needs to record values by business area, but it isn’t available in the Post Group Journal Entries app.
What must you do?

Enable business area for input

Enable business area as an attribute for consolidation unit

Add business area to a breakdown category

Add business area to the ACDOCU table

QUESTION 26
What selection is a required global parameter?

Consolidation chart of accounts

Fiscal year variant

Consolidation unit

Consolidation group

QUESTION 27
What dimensions can be used in an intercompany report to provide a consolidation view?
Note: There are 2 correct answers to this question.

Consolidation unit eliminated

Profit center

Consolidation unit

Profit center eliminated

QUESTION 28
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:

What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?

Import the full ownership percentages for CGO0A and CGOOE consolidation groups

Import the ownership percentage change for CGOOE and the CGOOW consolidation groups

Import the ownership percentage change the CGOOE consolidation group

Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups

QUESTION 29
What is the best way to run a YTD report?

Configure group reporting to store YTD data

Use the period mode selection in the report

Calculate YTD data in a custom analytical query

Use the YTD measure in the report

QUESTION 30
Company A purchased 80% of Company B for 80 million in December of 2022. Company B’s equity is 50 million.
What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.

Debit goodwill 50 million

Credit investment 64 million

Debit goodwill 40 million

Credit investment 80 million

QUESTION 31
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.

Multiply

Divide

Amount

Quantity

QUESTION 32
What FS item types can you use in SAP S/4HANA Finance for group reporting?
Note: There are 3 correct answers to this question.

Balance sheet

Asset

Profit & Loss

Reporting

Statistical

QUESTION 33
What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?

Use an import connection

Use an SAP Fiori app to launch SAP Analytics Cloud

Use an SAP Fiori app for an embedded story

Use a live connection

QUESTION 34
You have the following hierarchy and intercompany transactions:

How many elimination entities are generated?

QUESTION 35
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?

Subitems

Consolidation units

FS items

Custom fields

QUESTION 36
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.

There can be non-controlling interest values.

The investment is adjusted.

There cannot be any non-controlling interest values.

The Investment is eliminated.

QUESTION 37
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?

The data validation task

Selected FS items for automatic posting

Selection objects

The calc net income task

QUESTION 38
What field is part of a consolidation group master data record?

Currency translation method

Validation method

Reclassification method

Consolidation method

QUESTION 39
In group reporting, what do SAP Intercompany Matching and Reconciliation reason codes do?

They generate inbox entries.

They identify currency translation differences in intercompany eliminations.

They generate variance postings.

They identify transaction differences in intercompany eliminations.

QUESTION 40
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:

What happens to the cost center field in group reporting when the data is released?

Cost center is set to aggregate in SAP S/4HANA Finance for group reporting.

1 record with a blank cost center is posted.

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

4 records with a blank cost center are posted.

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

QUESTION 41
When booking group journal entries your customer needs to record values by business area, but it isn’t available in the Post Group Journal Entries app. What must you do?

Enable business area for input

Enable business area as an attribute for consolidation unit

Add business area to a breakdown category

Add business area to the ACDOCU table
#1 Certification Exam Roadmapai

QUESTION 42
What does balance carry forward do?

It carries forward asset values to the same subitem as in the previous year by default.

It carries forward reporting FS items to the same FS item as in the previous year by default unless otherwise specified.

It carries forward statistical FS items to the same subitem as in the previous year by default.

It carries forward equity values to the same FS item as in the previous year by default unless otherwise specified.

QUESTION 43
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.

Ownership percentages posted separately from investment values

Pre-defined posting logic

Ownership percentages posted with investment values

Custom posting logic

QUESTION 44
What fields are relevant for consolidation units that come from non-SAP systems?
Note: There are 2 correct answers to this question.

Source for group currency key figure

Universal journal integration

Source for local currency key figure

Local currency

QUESTION 45
In your rule-based method, you need to book an amount that is calculated by multiplying by
1 minus the ownership percentage.
What field would you use?

Percentage complementary

Sign triggered reclassification

Selection for percentage

Percentage rate

QUESTION 46
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?

A source category

A source version

A consolidation cycle

A consolidation ledger

C-S4FCC-2021 Actual Questions Answers Pass With Real C-S4FCC-2021 Exam Dumps [Q22-Q46]

SAP C-S4FCC-2021 Exam Syllabus Topics: