C_S4FCC_2021 V1

Where can fiscal year variants be assigned? Note: There are 2 correct answers to this question.A . To consolidation ledgersB . To versionsC . To consolidation groupsD . To consolidation unitsView AnswerAnswer: BD Explanation: In SAP systems, fiscal year variants can be assigned to the following: To versions: Fiscal year...

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 -1View AnswerAnswer: A Explanation: To release data from a prior period in SAP...

What is the best way to run a YTD report?A . Configure group reporting to store YTD dataB . Use the period mode selection in the reportC . Calculate YTD data in a custom analytical queryD . Use the YTD measure in the reportView AnswerAnswer: D Explanation: the best way...

What are settings you can define in a document type? Note: There are 3 correct answers to this question.A . Reversal document typeB . Account rangeC . Number rangeD . Posting levelE . Balance checkView AnswerAnswer: ACD Explanation: In a document type, you can define the reversal document type, number...

How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.A . Viaa configuration tableB . Via their scope attributesC . Via their FS item typeD . Via selection objectsE . Via their role attributeView AnswerAnswer: A, B, E Explanation: For determining...

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 fileB . Specify the posting level on the header section of the templateC . Adapt the template to include...

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...

What does activity based consolidation of investments feature? Note: There are 2 correct answers to this question.A . Ownership percentages posted separately from investment valuesB . Pre-defined posting logicC . Ownership percentages posted with investment valuesD . Custom posting logicView AnswerAnswer: A, B Explanation: In SAP, the activity-based consolidation of...

What master data objects can be used in global accounting hierarchies? Note: There are 3 correct answers to this question.A . Consolidation groupB . Profit centerC . Reporting itemD . Consolidation unitE . Breakdown categoryView AnswerAnswer: ABD Explanation: In SAP S/4HANA Finance for Group Reporting, global accounting hierarchies can use...

What do group journal validation and substitution have in common? Note: There are 2 correct answers to this question.A . Table lookupsB . PreconditionsC . Control levelsD . Filtering logicView AnswerAnswer: BD Explanation: According to the SAP S/4HANA Finance for Group Reporting Associates documents1, group journal validation and substitution have...