C_S4FCC_2021

What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?A . A source categoryB . A source versionC . A consolidation cycleD . A consolidation ledgerView AnswerAnswer: D Explanation: According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a consolidation ledger...

When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?A . The data validation taskB . Selected FS items for automatic postingC . Selection objectsD . The calc net income taskView AnswerAnswer: B Explanation: When there is a balance sheet...

What selection is a required global parameter?A . Consolidation chart of accountsB . Fiscal year variantC . Consolidation unitD . Consolidation groupView AnswerAnswer: B Explanation: According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a fiscal year variant is a required global parameter that must be selected when...

What table can SAP Group Reporting Data Collection update?A . ACDOCPB . ACDOCCC . ACDOCUD . ACDOCAView AnswerAnswer: B Explanation: SAP Group Reporting Data Collection updates the ACDOCC (Consolidation Staging) table. This table is used to store data that is collected from various source systems for consolidation purposes. Reference: https://help.sap.com/viewer/df185fd53bb645b1bd99284ee4e4a750/2020.002/en-US/4c1d8f4f16564f249c0e0d4a8e45d9f9.html

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 complementaryB . Sign triggered reclassificationC . Selection for percentageD . Percentage rateView AnswerAnswer: A Explanation: The field "Percentage complementary" is...

What is the source when viewing group reporting data in SAP Analysis for Office?A . A contribution viewB . A calculation viewC . A consolidation viewD . A core data services view (CDS view)View AnswerAnswer: B Explanation: The source when viewing group reporting data in SAP Analysis for Office is...

What translation setting in the sequence would allow you to preserve an existing group currency amount?A . Source for group currency key figureB . Reference rateC . Translation keyD . Currency translation indicatorView AnswerAnswer: A Explanation: The "Source for group currency key figure" setting in the sequence allows you to...

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 dataB . Validate universal journalC . Validate standardized dataD . Validate reported dataView AnswerAnswer: A, D Explanation: After running a reclassification with posting level...

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 buyerB . Reverse the elimination of net income of the buyerC . Eliminate net income...

What tasks must be run before the activity based investment & equity elimination? Note: There are 2 correct answers to this question.A . Run total divestitureB . Calculate net incomeC . Calculate group shareD . Run intercompany eliminationView AnswerAnswer: B, C Explanation: According to the SAP S/4HANA Finance for Group...