Get SAP C_S4FCC_2021 Dumps Questions [2023] To Gain Brilliant Result [Q46-Q65]

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Get SAP C_S4FCC_2021 Dumps Questions [2023] To Gain Brilliant Result

C_S4FCC_2021 dumps – Dumpleader – 100% Passing Guarantee

To be eligible for the SAP C-S4FCC-2021 exam, candidates must have a minimum of one-year experience in SAP S/4HANA Finance for Group Reporting. They must also have completed the relevant training courses and have a good understanding of the SAP S/4HANA Finance for Group Reporting system. C_S4FCC_2021 exam is available in multiple languages and can be taken at authorized SAP training centers or online.

SAP C-S4FCC-2021 Certification Exam is an important certification for those who want to demonstrate their knowledge and skills in SAP S/4HANA Finance for Group Reporting. SAP Certified Application Associate – SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification exam covers a wide range of topics related to SAP S/4HANA Finance for Group Reporting, and candidates who pass the exam will receive the SAP Certified Application Associate – SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification. Preparing for the exam requires a comprehensive understanding of the exam topics and experience working with SAP S/4HANA Finance for Group Reporting.

NO.46 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

NO.47 What is the update schedule for SAP Group Reporting Data Collection?

Twice a year

Once a year

Twice a month

Once a month

The update schedule for SAP Group Reporting Data Collection is once a month. This ensures that the data used for group reporting purposes is up-to-date and accurate.

NO.48 What can be attached to a group journal entry?Note: There are 3 correct answers to this question.

Audio files

Excel files

URLs

Word documents

Video files

NO.49 What dimensions can be used in a hierarchical elimination?
Note: There are 2 correct answers to this question.

Company

Profit center

Segment

Company code

The dimensions that can be used in a hierarchical elimination include company and profit center1.

NO.50 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

NO.51 Your currency translation is not translating opening balances.
What setting must be changed?

Translation key

Exchange rate indicator

Reference rate

Selection

NO.52 What makes up data slices in SAP Intercompany Matching and Reconciliation matching rules?
Note: There are 2 correct answers to this question.

Company code

Company

Leading unit

Partner unit

Data slices in SAP Intercompany Matching and Reconciliation matching rules are made up of Company code and Partner unit. These two factors help to identify the corresponding transactions for matching and reconciliation purposes (SAP Help Portal: Define Matching Rules).

NO.53 What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.

Calculate net income

Prepare for consolidation group change

Translate currency

Eliminate intercompany

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.

NO.54 Which version stores only delta amounts?

Planning version

Group currency extension version

Standard version

Extension version

https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4ebf1502064b406c964b0911adfb3f01/c27c73226dac4e07ac8aa59a45f92fd8.html

NO.55 What is the source when viewing group reporting data in SAP Analysis for Office?

A contribution view

A calculation view

A consolidation view

A core data services view (CDS view)

The source when viewing group reporting data in SAP Analysis for Office is a calculation view.

NO.56 What is required to run a management consolidation report?

Select a consolidation group

Create custom report logic

Create a duplicate data set& EXACTPREP”
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Select a segment hierarchy

NO.57 How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.

Viaa configuration table

Via their scope attributes

Via their FS item type

Via selection objects

Via their role attribute

FS items can be determined for balance carry forward using a configuration table, their FS item type, and their role attribute. These factors help to classify FS items for different purposes in the consolidation process (SAP Help Portal: Define Financial Statement Items).

NO.58 What happens when you set the communication status to “Done” in SAP Intercompany Matching and Reconciliation?

Differences are set to zero.

Overdue alarms are cleared.

A notification is sent.

An inbox entry is created.

NO.59 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.

Delete

Overwrite

Append

Merge

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the possible update modes when performing a flexible upload into SAP S/4HANA Finance for group reporting are:
Overwrite: This mode replaces the existing data in the target consolidation ledger with the data from the source file. Any data that is not present in the source file will be deleted from the target consolidation ledger.
Append: This mode adds the data from the source file to the existing data in the target consolidation ledger. Any data that is already present in the target consolidation ledger will remain unchanged.

NO.60 Upload multiple journal entries using a single Excel file.
What method sequences are needed to eliminate intercompany profit in inventory?
Note: There are 2 correct answers to this question.

Eliminate net income for the buyer

Reverse the elimination of net income of the buyer

Eliminate net income for the seller

Reverse the elimination of net income of the seller

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, method sequences that are needed to eliminate intercompany profit in inventory are:
Eliminate net income for the seller: This method sequence eliminates the net income of the seller unit that is derived from intercompany sales of inventory. This method sequence reduces the seller’s net income and equity by the amount of intercompany profit in inventory.
Reverse the elimination of net income of the seller: This method sequence reverses the elimination of net income of the seller unit that was done in the previous method sequence. This method sequence restores the seller’s net income and equity to their original values before elimination.

NO.61 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

NO.62 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?

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.

NO.63 What master data objects can be used in global accounting hierarchies?Note: There are 3 correct answers to this question.

Consolidation group

Profit center

Reporting item

Consolidation unit

Breakdown category

NO.64 What ownership chains are supported in the equity pickup solution?
Note: There are 2 correct answers to this question.

Vertical

Circular

Single level

Horizontal

NO.65 What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.

Calculate net income

Prepare for consolidation group change

Translate currency

Eliminate intercompany

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