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SAP C-S4FCC-2021 Exam Syllabus Topics:
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NEW QUESTION 49
What selection is a required global parameter?
There are 2 correct answers to this question
- A. Consolidation group
- B. Consolidation chart of accounts
- C. Consolidation unit
- D. Fiscal year variant
Answer: B,D
NEW QUESTION 50
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.
- A. Debit goodwill 40 million
- B. Credit investment 80 million
- C. Credit investment 64 million
- D. Debit goodwill 50 million
Answer: A
NEW QUESTION 51
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. 1 record for cost center A is posted and 1 record for cost center B is posted.
- B. 1 record with a blank cost center 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.
Answer: B
NEW QUESTION 52
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:
- A. Import the full ownership percentages for CGO0A and CGOOE consolidation groups
- B. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groups
- C. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?
- D. Import the ownership percentage change the CGOOE consolidation group
- E. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups
Answer: E
NEW QUESTION 53
What fields are relevant for consolidation units that come from non-SAP systems?Note: There are 2 correct answers to this question.
- A. Source for group currency key figure
- B. Universal journal integration
- C. Local currency
- D. Source for local currency key figure
Answer: B,C
NEW QUESTION 54
What ownership chains are supported in the equity pickup solution?
Note: There are 2 correct answers to this question.
- A. Vertical
- B. Horizontal
- C. Single level
- D. Circular
Answer: B,D
NEW QUESTION 55
In order to use a new validation method, what task IDs are used when assigning the methods to consolidation units? Note: There are 2 correct answers to this question.
- A. Translated data
- B. Released data
- C. Reported data
- D. Standardized data
Answer: C,D
NEW QUESTION 56
What selection is a required global parameter?
- A. Fiscal year variant
- B. Consolidation group
- C. Consolidation chart of accounts
- D. Consolidation unit
Answer: C
NEW QUESTION 57
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. 1 record for cost center A is posted and 1 record for cost center B is posted.
- B. 1 record with a blank cost center 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.
Answer: B
NEW QUESTION 58
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.
- A. Debit goodwill 40 million
- B. Credit investment 80 million
- C. Debit goodwill 50 million
- D. Credit investment 64 million
Answer: A,D
NEW QUESTION 59
What do group journal validation and substitution have in common?
Note: There are 2 correct answers to this question.
- A. Control levels
- B. Table lookups
- C. Preconditions
- D. Filtering logic
Answer: A,B
NEW QUESTION 60
What is the update schedule for SAP Group Reporting Data Collection?
- A. Twice a month
- B. Once a month
- C. Once a year
- D. Twice a year
Answer: C
NEW QUESTION 61
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. Create a reclassification method
- C. Activate an intercompany hierarchy
- D. Activate the reconciliation close process
Answer: A,B
NEW QUESTION 62
What table can SAP Group Reporting Data Collection update?
- A. ACDOCU
- B. ACDOCC
- C. ACDOCP
- D. ACDOCA
Answer: A
NEW QUESTION 63
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
- A. Divide
- B. Quantity
- C. Amount
- D. Multiply
Answer: A,C
NEW QUESTION 64
What happens when a workflow request in SAP Intercompany Matching and Reconciliation is approved?
- A. Variance entries are posted.
- B. The elimination status is set to closed.
- C. Elimination entries are posted.
- D. The reconciliation status is set to closed.
Answer: A,B
NEW QUESTION 65
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.
- A. Delete
- B. Overwrite
- C. Append
- D. Merge
Answer: A,B
NEW QUESTION 66
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. ACDOCC records are copied into group reporting.
- B. BSEG records are copied into group reporting.
- C. ACDOCP records are copied into group reporting.
- D. ACDOCA records are copied into group reporting.
Answer: A,B
NEW QUESTION 67
What dimensions can be used in an intercompany report to provide a consolidation view?
Note: There are 2 correct answers to this question.
- A. Consolidation unit eliminated
- B. Consolidation unit
- C. Profit center eliminated
- D. Profit center
Answer: A,C
NEW QUESTION 68
Which of the following SAP S/4HANA ledgers are possible sources for SAP S/4HANA Finance for group reporting ?
Note: There are 3 correct answers to this question.
- A. A consolidation ledger
- B. An extension ledger
- C. The predictive ledger
- D. A special purpose ledger
- E. The leading ledger
Answer: A,D,E
NEW QUESTION 69
What does the report logic in SAP S/4HANA group reporting do?
- A. It determines the first common parent based on consolidation group hierarchies.
- B. It prevents aggregation based on the FS item type.
- C. It reverses the sign based on the FS item type.
- D. It determines the first common parent based on segment hierarchies.
Answer: B
NEW QUESTION 70
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