Question #1
What master data objects can be used in global accounting hierarchies? Note: There are 3 correct answers to this question.
- A . Consolidation group
- B . Profit center
- C . Reporting item
- D . Consolidation unit
- E . Breakdown category
Correct Answer: ABD
ABD
Explanation:
In SAP S/4HANA Finance for Group Reporting, global accounting hierarchies can use the following master data objects: Consolidation group, Profit center, and Consolidation unit. Consolidation groups are used to define the structure of a group and its subsidiaries. Profit centers help track profit and loss for different business segments. Consolidation units represent legal entities and are assigned to consolidation groups (SAP Help Portal: Group Reporting Master Data).
ABD
Explanation:
In SAP S/4HANA Finance for Group Reporting, global accounting hierarchies can use the following master data objects: Consolidation group, Profit center, and Consolidation unit. Consolidation groups are used to define the structure of a group and its subsidiaries. Profit centers help track profit and loss for different business segments. Consolidation units represent legal entities and are assigned to consolidation groups (SAP Help Portal: Group Reporting Master Data).
Question #2
What can be attached to a group journal entry? Note: There are 3 correct answers to this question.
- A . Audio files
- B . Excel files
- C . URLs
- D . Word documents
- E . Video files
Correct Answer: B, C, D
B, C, D
Explanation:
In SAP S/4HANA Finance for Group Reporting, group journal entries can have attachments such as Excel files, URLs, and Word documents. These attachments can provide additional information and context to the journal entry, making it the underlying transactions (SAP Help Portal: Group Journal Entries)
B, C, D
Explanation:
In SAP S/4HANA Finance for Group Reporting, group journal entries can have attachments such as Excel files, URLs, and Word documents. These attachments can provide additional information and context to the journal entry, making it the underlying transactions (SAP Help Portal: Group Journal Entries)
Question #3
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?
- A . The data validation task
- B . Selected FS items for automatic posting
- C . Selection objects
- D . The calc net income task
Correct Answer: B
B
Explanation:
When there is a balance sheet and income statement posting in a group journal entry, the offsetting entries are created by the selected Financial Statement (FS) items for automatic posting. This feature ensures that the balance sheet and income statement are always in balance (SAP Help Portal: Group Journal Entries).
B
Explanation:
When there is a balance sheet and income statement posting in a group journal entry, the offsetting entries are created by the selected Financial Statement (FS) items for automatic posting. This feature ensures that the balance sheet and income statement are always in balance (SAP Help Portal: Group Journal Entries).
Question #4
In SAP S/4HANA you have ten cash G/L accounts that belong to one G/L account hierarchy node and one group account as shown in the following table.
What is the recommended way to summarize the cash accounts into SAP S/4HANA Finance for group reporting?
- A . Map all 10 cash G/L accounts to one FS item
- B . Map each cash G/L account to an FS item and roll them up in an FS item hierarchy node
- C . Map the group account 10000000 to an FS item
- D . Map the Cash_node to an FS item
Correct Answer: A
A
Explanation:
The recommended way to summarize the cash accounts into SAP S/4HANA Finance for group reporting is to map all 10 cash G/L accounts to one Financial Statement (FS) item. This allows the system to aggregate the balances of these accounts into a single FS item, simplifying the reporting process.
A
Explanation:
The recommended way to summarize the cash accounts into SAP S/4HANA Finance for group reporting is to map all 10 cash G/L accounts to one Financial Statement (FS) item. This allows the system to aggregate the balances of these accounts into a single FS item, simplifying the reporting process.
Question #5
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
- A . A source category
- B . A source version
- C . A consolidation cycle
- D . A consolidation ledger
Correct Answer: B
B
Explanation:
A source version in SAP S/4HANA is used to distinguish between different sets of data, such as actuals, plan, and forecast. It is essential for controlling and managing the flow of data from different sources and for different purposes in the system.
B
Explanation:
A source version in SAP S/4HANA is used to distinguish between different sets of data, such as actuals, plan, and forecast. It is essential for controlling and managing the flow of data from different sources and for different purposes in the system.
Question #6
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
Correct Answer: BC
BC
Explanation:
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.
BC
Explanation:
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.
Question #7
What selection is a required global parameter?
- A . Consolidation chart of accounts
- B . Fiscal year variant
- C . Consolidation unit
- D . Consolidation group
Correct Answer: D
D
Explanation:
The consolidation group parameter is essential because it defines the group of companies or units that will be included in the consolidation process. This parameter is required to ensure that the consolidation is performed for the correct set of entities.
D
Explanation:
The consolidation group parameter is essential because it defines the group of companies or units that will be included in the consolidation process. This parameter is required to ensure that the consolidation is performed for the correct set of entities.
Question #8
How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.
- A . Viaa configuration table
- B . Via their scope attributes
- C . Via their FS item type
- D . Via selection objects
- E . Via their role attribute
Correct Answer: A, B, E
A, B, E
Explanation:
For determining Financial Statement (FS) items for balance carry forward in SAP S/4HANA Finance for group reporting, the following methods can be used:
Via a configuration table: A configuration table can be set up to define rules and conditions for carrying forward balances for different FS items.
Via their scope attributes: Scope attributes of FS items can include settings that specify how and when they should be carried forward, such as whether they pertain to the balance sheet or income statement.
Via their role attribute: The role attribute of an FS item determines its function within financial reporting, such as whether it is an asset, liability, revenue, or expense. This can influence how balances for these items are carried forward into the next period.
A, B, E
Explanation:
For determining Financial Statement (FS) items for balance carry forward in SAP S/4HANA Finance for group reporting, the following methods can be used:
Via a configuration table: A configuration table can be set up to define rules and conditions for carrying forward balances for different FS items.
Via their scope attributes: Scope attributes of FS items can include settings that specify how and when they should be carried forward, such as whether they pertain to the balance sheet or income statement.
Via their role attribute: The role attribute of an FS item determines its function within financial reporting, such as whether it is an asset, liability, revenue, or expense. This can influence how balances for these items are carried forward into the next period.
Question #9
What tasks must be run before the activity based investment & equity elimination? Note: There are 2 correct answers to this question.
- A . Run total divestiture
- B . Calculate net income
- C . Calculate group share
- D . Run intercompany elimination
Correct Answer: B, C
B, C
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the tasks that must be run before the activity based investment & equity elimination are:
Calculate net income: This task calculates the net income of each consolidation unit based on their income statement items. The net income is used to determine the share of profit or loss of each parent unit in their subsidiaries.
Calculate group share: This task calculates the group share percentage of each parent unit in their subsidiaries based on their ownership percentage and consolidation method. The group share percentage is used to determine the amount of investment and equity elimination.
B, C
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the tasks that must be run before the activity based investment & equity elimination are:
Calculate net income: This task calculates the net income of each consolidation unit based on their income statement items. The net income is used to determine the share of profit or loss of each parent unit in their subsidiaries.
Calculate group share: This task calculates the group share percentage of each parent unit in their subsidiaries based on their ownership percentage and consolidation method. The group share percentage is used to determine the amount of investment and equity elimination.
Question #10
What makes up data slices in SAP Intercompany Matching and Reconciliation matching rules? Note: There are 2 correct answers to this question.
- A . Company code
- B . Company
- C . Leading unit
- D . Partner unit
Correct Answer: AD
AD
Explanation:
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).
AD
Explanation:
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).
Question #11
In your rule-based consolidation of investments method, you need to book an amount that is calculated by multiplying by1 minus the ownership percentage.
What field would you use?
- A . Percentage complementary
- B . Sign triggered reclassification
- C . Selection for percentage
- D . Percentage rate
Correct Answer: A
A
Explanation:
The field "Percentage complementary" is used to calculate the amount by multiplying by 1 minus the ownership percentage in the rule-based consolidation of investments method.
A
Explanation:
The field "Percentage complementary" is used to calculate the amount by multiplying by 1 minus the ownership percentage in the rule-based consolidation of investments method.
Question #12
When running reports, what symbol is used to select a blank hierarchy?
- A . #
- B . @
- C . *
- D . $
Correct Answer: A
A
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the symbol that is used to select a blank hierarchy is #. A blank hierarchy is a hierarchy that does not have any nodes or levels. A blank hierarchy can be used to select all the values of a dimension without any filtering or grouping.
A
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the symbol that is used to select a blank hierarchy is #. A blank hierarchy is a hierarchy that does not have any nodes or levels. A blank hierarchy can be used to select all the values of a dimension without any filtering or grouping.
Question #13
What must you do in order to release data from a prior period?
- A . Run balance carry forward
- B . Run the Copy Transaction Data app
- C . Change your global parameters
- D . Release data with an offset of -1
Correct Answer: A
A
Explanation:
To release data from a prior period in SAP systems, such as SAP S/4HANA Finance, the typical action would be: A. Run balance carry forward
The balance carry forward process is used to transfer the ending balances of one fiscal year to the beginning balances of the following fiscal year. This is necessary to continue accounting in the new period with the correct balance data from the previous period.
A
Explanation:
To release data from a prior period in SAP systems, such as SAP S/4HANA Finance, the typical action would be: A. Run balance carry forward
The balance carry forward process is used to transfer the ending balances of one fiscal year to the beginning balances of the following fiscal year. This is necessary to continue accounting in the new period with the correct balance data from the previous period.
Question #14
What is the best way to run a YTD report?
- A . Configure group reporting to store YTD data
- B . Use the period mode selection in the report
- C . Calculate YTD data in a custom analytical query
- D . Use the YTD measure in the report
Correct Answer: D
D
Explanation:
the best way to run a YTD report is to use the YTD measure in the report. YTD stands for year-to-date and refers to the cumulative amount of data from the beginning of the fiscal year to the current period. The YTD measure is a predefined measure that calculates the YTD amount for each FS item based on their role attribute and period mode.
D
Explanation:
the best way to run a YTD report is to use the YTD measure in the report. YTD stands for year-to-date and refers to the cumulative amount of data from the beginning of the fiscal year to the current period. The YTD measure is a predefined measure that calculates the YTD amount for each FS item based on their role attribute and period mode.
Question #15
What is the source when viewing group reporting data in SAP Analysis for Office?
- A . A contribution view
- B . A calculation view
- C . A consolidation view
- D . A core data services view (CDS view)
Correct Answer: D
D
Explanation:
Core Data Services (CDS) views in SAP are used to define the semantic layer of the underlying database. They enable efficient data retrieval for reporting and analytics purposes, including group reporting. CDS views provide a high-performance and flexible way to access complex data models and are widely used in SAP S/4HANA environments.
D
Explanation:
Core Data Services (CDS) views in SAP are used to define the semantic layer of the underlying database. They enable efficient data retrieval for reporting and analytics purposes, including group reporting. CDS views provide a high-performance and flexible way to access complex data models and are widely used in SAP S/4HANA environments.
Question #16
What validation tasks should be run after running a reclassification with posting level 10? Note: There are 2 correct answers to this question.
- A . Validate consolidated data
- B . Validate universal journal
- C . Validate standardized data
- D . Validate reported data
Correct Answer: A, D
A, D
Explanation:
After running a reclassification with posting level 10, you should run the validation tasks for consolidated data and reported data.
A, D
Explanation:
After running a reclassification with posting level 10, you should run the validation tasks for consolidated data and reported data.
Question #17
What translation setting in the sequence would allow you to preserve an existing group currency amount?
- A . Source for group currency key figure
- B . Reference rate
- C . Translation key
- D . Currency translation indicator
Correct Answer: A
A
Explanation:
The "Source for group currency key figure" setting in the sequence allows you to preserve an existing group currency amount during translation.
A
Explanation:
The "Source for group currency key figure" setting in the sequence allows you to preserve an existing group currency amount during translation.
Question #18
Your currency translation is not translating opening balances.
What setting must be changed?
- A . Translation key
- B . Exchange rate indicator
- C . Reference rate
- D . Selection
Correct Answer: B
B
Explanation:
The Exchange Rate Indicator in SAP determines which exchange rate is used during the currency translation process. If the opening balances are not being translated, it could be because the exchange rate indicator is not set to use the correct rate type for opening balances. Adjusting this indicator to ensure it references the appropriate exchange rate type for the translation of opening balances should resolve the issue.
B
Explanation:
The Exchange Rate Indicator in SAP determines which exchange rate is used during the currency translation process. If the opening balances are not being translated, it could be because the exchange rate indicator is not set to use the correct rate type for opening balances. Adjusting this indicator to ensure it references the appropriate exchange rate type for the translation of opening balances should resolve the issue.
Question #19
What do group journal validation and substitution have in common? Note: There are 2 correct answers to this question.
- A . Table lookups
- B . Preconditions
- C . Control levels
- D . Filtering logic
Correct Answer: BD
BD
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, group journal validation and substitution have the following things in common:
Preconditions: Conditions that define when a validation or substitution rule is executed. Preconditions can be based on different dimensions or attributes of the data, such as company code, account type, etc.
Filtering logic: Logic that defines how data is filtered and selected for validation or substitution purposes. Filtering logic can be based on different operators or expressions, such as equal to, greater than, contains, etc.
BD
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, group journal validation and substitution have the following things in common:
Preconditions: Conditions that define when a validation or substitution rule is executed. Preconditions can be based on different dimensions or attributes of the data, such as company code, account type, etc.
Filtering logic: Logic that defines how data is filtered and selected for validation or substitution purposes. Filtering logic can be based on different operators or expressions, such as equal to, greater than, contains, etc.
Question #20
The balance sheet in SAP S/4HANA Finance for group reporting is out of balance.
When data validation is run, what is the result?
- A . The variance will be posted to a statistical financial statement item.
- B . Subsequent tasks cannot be run but can be blocked.
- C . Subsequent tasks can be run but cannot be blocked.
- D . The variance will be posted to a reporting financial statement item.
Correct Answer: B
B
Explanation:
When data validation identifies that the balance sheet is out of balance, it usually triggers a block on subsequent tasks. This is to prevent the propagation of incorrect or unbalanced data through further processing steps. The system is designed to ensure data integrity, and as such, it will not allow tasks that depend on balanced financial statements to proceed until the discrepancy is resolved. This feature helps maintain the accuracy and reliability of financial reporting within the system.
B
Explanation:
When data validation identifies that the balance sheet is out of balance, it usually triggers a block on subsequent tasks. This is to prevent the propagation of incorrect or unbalanced data through further processing steps. The system is designed to ensure data integrity, and as such, it will not allow tasks that depend on balanced financial statements to proceed until the discrepancy is resolved. This feature helps maintain the accuracy and reliability of financial reporting within the system.
Question #21
What are settings you can define in a document type? Note: There are 3 correct answers to this question.
- A . Reversal document type
- B . Account range
- C . Number range
- D . Posting level
- E . Balance check
Correct Answer: ACD
ACD
Explanation:
In a document type, you can define the reversal document type, number range, and posting level. The reversal document type is used for reversing entries. The number range determines the range of document numbers that can be assigned to documents of that type. The posting level defines whether the document type is used for single-level or cross-company code postings. You can find more information in the SAP S/4HANA Finance for Group Reporting documentation under "Document Types".
ACD
Explanation:
In a document type, you can define the reversal document type, number range, and posting level. The reversal document type is used for reversing entries. The number range determines the range of document numbers that can be assigned to documents of that type. The posting level defines whether the document type is used for single-level or cross-company code postings. You can find more information in the SAP S/4HANA Finance for Group Reporting documentation under "Document Types".
Question #22
What are settings you can define in a document type? Note: There are 3 correct answers to this question.
- A . Reversal document type
- B . Account range
- C . Number range
- D . Posting level
- E . Balance check
Correct Answer: A, B, C
A, B, C
Explanation:
In SAP systems, when defining a document type, the settings you can define include:
Reversal Document Type: This setting specifies the type of document to be used when transactions of the original document type are reversed. It helps in categorizing and tracking reversal transactions separately.
Account Range: This setting defines which accounts can be posted to using this document type. It helps in controlling and ensuring that transactions are posted to appropriate accounts.
Number Range: Every document type is assigned a number range, which determines the range of numbers that can be used for documents of this type. This is critical for document identification and organization.
A, B, C
Explanation:
In SAP systems, when defining a document type, the settings you can define include:
Reversal Document Type: This setting specifies the type of document to be used when transactions of the original document type are reversed. It helps in categorizing and tracking reversal transactions separately.
Account Range: This setting defines which accounts can be posted to using this document type. It helps in controlling and ensuring that transactions are posted to appropriate accounts.
Number Range: Every document type is assigned a number range, which determines the range of numbers that can be used for documents of this type. This is critical for document identification and organization.
Question #23
What table can SAP Group Reporting Data Collection update?
- A . ACDOCP
- B . ACDOCC
- C . ACDOCU
- D . ACDOCA
Correct Answer: A
A
Explanation:
ACDOCP (Plan Data Table for S/4HANA) is used in SAP for storing plan data, and it is a key table that can be updated by the Group Reporting Data Collection. This table plays a significant role in planning and consolidation processes within the SAP S/4HANA environment.
A
Explanation:
ACDOCP (Plan Data Table for S/4HANA) is used in SAP for storing plan data, and it is a key table that can be updated by the Group Reporting Data Collection. This table plays a significant role in planning and consolidation processes within the SAP S/4HANA environment.
Question #24
What can you do when using the import group journal entries template? Note: There are 3 correct answers to this question.
- A . Override substitution rules by inputting values in the Excel file
- B . Specify the posting level on the header section of the template
- C . Adapt the template to include your own custom fields
- D . Post the journal entry to multiple versions at the same time
- E . Upload multiple journal entries using a single Excel file
Correct Answer: ACE
ACE
Explanation:
When using the import group journal entries template, you can override substitution rules by inputting values directly in the Excel file, adapt the template to include your own custom fields, and upload multiple journal entries using a single Excel file.
Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/1909.002/en-US/5a5d5e7b1c5b4f3d8f5e4d7f60e9e4a3.html
ACE
Explanation:
When using the import group journal entries template, you can override substitution rules by inputting values directly in the Excel file, adapt the template to include your own custom fields, and upload multiple journal entries using a single Excel file.
Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/1909.002/en-US/5a5d5e7b1c5b4f3d8f5e4d7f60e9e4a3.html
Question #25
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.
- A . Eliminate net income for the buyer
- B . Reverse the elimination of net income of the buyer
- C . Eliminate net income for the seller
- D . Reverse the elimination of net income of the seller
Correct Answer: CD
CD
Explanation:
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.
CD
Explanation:
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.
Question #26
What FS item types can you use in SAP S/4HANA Finance for group reporting? Note: There are 3 correct answers to this question.
- A . Balance sheet
- B . Asset
- C . Profit & Loss
- D . Reporting
- E . Statistical
Correct Answer: ACE
ACE
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, FS item types that you can use in SAP S/4HANA Finance for group reporting are:
Balance sheet: An FS item type that represents a balance sheet item, such as assets, liabilities or equity. Balance sheet items are carried forward from one period to another and are translated using historical or current rates depending on their balance type.
Profit & Loss: An FS item type that represents an income statement item, such as revenue, expense or net income. Profit & loss items are not carried forward from one period to another and are translated using average or current rates depending on their balance type.
Statistical: An FS item type that represents a statistical item, such as variances or differences between debit and credit balances. Statistical items do not affect the balance sheet total or net income and are not translated.
ACE
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, FS item types that you can use in SAP S/4HANA Finance for group reporting are:
Balance sheet: An FS item type that represents a balance sheet item, such as assets, liabilities or equity. Balance sheet items are carried forward from one period to another and are translated using historical or current rates depending on their balance type.
Profit & Loss: An FS item type that represents an income statement item, such as revenue, expense or net income. Profit & loss items are not carried forward from one period to another and are translated using average or current rates depending on their balance type.
Statistical: An FS item type that represents a statistical item, such as variances or differences between debit and credit balances. Statistical items do not affect the balance sheet total or net income and are not translated.
Question #27
Where can fiscal year variants be assigned? Note: There are 2 correct answers to this question.
- A . To consolidation ledgers
- B . To versions
- C . To consolidation groups
- D . To consolidation units
Correct Answer: BD
BD
Explanation:
In SAP systems, fiscal year variants can be assigned to the following:
To versions: Fiscal year variants can be assigned to different versions in SAP, such as planning or actual versions. This determines how fiscal years are structured and managed within each version.
To consolidation units: Fiscal year variants can be assigned to consolidation units, which are entities within the consolidation that have their own financial statements. Assigning fiscal year variants to consolidation units helps to define the fiscal calendar that these units follow.
BD
Explanation:
In SAP systems, fiscal year variants can be assigned to the following:
To versions: Fiscal year variants can be assigned to different versions in SAP, such as planning or actual versions. This determines how fiscal years are structured and managed within each version.
To consolidation units: Fiscal year variants can be assigned to consolidation units, which are entities within the consolidation that have their own financial statements. Assigning fiscal year variants to consolidation units helps to define the fiscal calendar that these units follow.
Question #28
What does activity based consolidation of investments feature? Note: There are 2 correct answers to this question.
- A . Ownership percentages posted separately from investment values
- B . Pre-defined posting logic
- C . Ownership percentages posted with investment values
- D . Custom posting logic
Correct Answer: A, B
A, B
Explanation:
In SAP, the activity-based consolidation of investments features includes:
Ownership percentages posted separately from investment values: This allows for more detailed and flexible handling of investments and ownership structures. By posting ownership percentages separately from the investment values, it provides a clearer understanding of the investment relationships and their financial implications.
Pre-defined posting logic: Activity-based consolidation in SAP typically comes with pre-defined posting logic. This standardizes the consolidation process, ensuring consistency and accuracy in handling various consolidation scenarios, such as changes in ownership percentages or equity pick-up calculations.
A, B
Explanation:
In SAP, the activity-based consolidation of investments features includes:
Ownership percentages posted separately from investment values: This allows for more detailed and flexible handling of investments and ownership structures. By posting ownership percentages separately from the investment values, it provides a clearer understanding of the investment relationships and their financial implications.
Pre-defined posting logic: Activity-based consolidation in SAP typically comes with pre-defined posting logic. This standardizes the consolidation process, ensuring consistency and accuracy in handling various consolidation scenarios, such as changes in ownership percentages or equity pick-up calculations.
Question #29
What fields are included in a consolidation unit master record? Note: There are 2 correct answers to this question.
- A . Currency translation method
- B . Validation method
- C . Source for local currency key figure
- D . Source for document currency key figure
Correct Answer: A, C
A, C
Explanation:
The consolidation unit master record includes fields such as currency translation method and source for local currency key figure1.
A, C
Explanation:
The consolidation unit master record includes fields such as currency translation method and source for local currency key figure1.
Question #30
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.
Correct Answer: B, C
B, C
Explanation:
In the context of financial consolidation and reporting, particularly for a horizontal merger, the prerequisites typically include:
Both consolidation units belong to different consolidation groups: For a horizontal merger to be relevant, it generally involves the combination of two units from different consolidation groups. This reflects the consolidation of entities that were previously separate in terms of their group reporting structures.
Both consolidation units have different investors: This prerequisite suggests that the consolidation units being merged should have distinct investor bases prior to the merger. The concept of different investors is important in distinguishing the entities as separate before the merger.
B, C
Explanation:
In the context of financial consolidation and reporting, particularly for a horizontal merger, the prerequisites typically include:
Both consolidation units belong to different consolidation groups: For a horizontal merger to be relevant, it generally involves the combination of two units from different consolidation groups. This reflects the consolidation of entities that were previously separate in terms of their group reporting structures.
Both consolidation units have different investors: This prerequisite suggests that the consolidation units being merged should have distinct investor bases prior to the merger. The concept of different investors is important in distinguishing the entities as separate before the merger.