Updated May-2023 Test Engine to Practice C-S4FCC-2021 Dumps & Practice Exam
Dumps Collection C-S4FCC-2021 Test Engine Dumps Training With 80 Questions
To become a SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates, candidates must pass the C_S4FCC_2021 exam with a minimum score of 65%. The exam covers 80 questions and has a duration of 180 minutes. The questions are a mix of multiple-choice and scenario-based questions, and candidates are required to demonstrate their ability to apply their knowledge to practical situations.
The SAP C-S4FCC-2021 exam is designed for individuals who want to become certified SAP application associates with expertise in SAP S/4HANA Finance for Group Reporting. This certification exam is designed to test the candidate's knowledge, skills, and abilities in the areas related to SAP S/4HANA Finance for Group Reporting. The exam is based on the latest version of SAP S/4HANA, which ensures that the candidate has updated knowledge of the technology and its applications.
The SAP C_S4FCC_2021 (SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)) certification exam is designed to test the candidate's knowledge and skills in the area of SAP S/4HANA Finance for Group Reporting. This certification exam is intended for individuals who want to demonstrate their proficiency in implementing and configuring SAP S/4HANA Finance for Group Reporting. The exam covers a wide range of topics, including financial consolidation, group reporting, master data management, and financial reporting. Passing this exam demonstrates to employers and clients that the candidate has a deep understanding of the SAP S/4HANA Finance for Group Reporting solution and can effectively implement it in real-world scenarios.
NEW QUESTION # 29
What are settings you can define in a document type?
Note: There are 3 correct answers to this question.
- A. Reversal document type
- B. Number range
- C. Posting level
- D. Account range
- E. Balance check
Answer: B,C,E
NEW QUESTION # 30
From which SAP S/4HANA tables can SAP Intercompany Matching and Reconciliation access intercompany data?
Note: There are 2 correct answers to this question.
- A. ACDOCA
- B. ACDOCP
- C. ACDOCU
- D. ACDOCC
Answer: A,C
NEW QUESTION # 31
Which version stores only delta amounts?
- A. Extension version
- B. Standard version
- C. Group currency extension version
- D. Planning version
Answer: D
Explanation:
https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4ebf1502064b406c964b0911adfb3f01/c27c73226dac4e07ac8aa59a45f92fd8.html
NEW QUESTION # 32
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?
- A. FS items
- B. Consolidation units
- C. Subitems
- D. Custom fields
Answer: A,C
NEW QUESTION # 33
Which version stores only delta amounts?
- A. Group currency extension version
- B. Extension version
- C. Standard version
- D. Planning version
Answer: A,D
NEW QUESTION # 34
Where can fiscal year variants be assigned?
Note: There are 2 correct answers to this question.
- A. To consolidation ledgers
- B. To consolidation groups
- C. To versions
- D. To consolidation units
Answer: A,C
Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, fiscal year variants can be assigned to:
Consolidation ledgers: A consolidation ledger is a data container that stores the consolidated data for a specific consolidation scenario and fiscal year variant. A consolidation ledger can have multiple versions to store different versions of consolidated data.
NEW QUESTION # 35
What is the source when viewing group reporting data in SAP Analysis for Office?
- A. A contribution view
- B. A consolidation view
- C. A core data services view (CDS view)
- D. A calculation view
Answer: D
Explanation:
The source when viewing group reporting data in SAP Analysis for Office is a calculation view.
NEW QUESTION # 36
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. The leading ledger
- B. A special purpose ledger
- C. An extension ledger
- D. A consolidation ledger
- E. The predictive ledger
Answer: A,B,D
NEW QUESTION # 37
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. Standardized data
- B. Released data
- C. Reported data
- D. Translated data
Answer: C,D
NEW QUESTION # 38
You have the following hierarchy and intercompany transactions:
How many elimination entities are generated?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 39
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. 2 records for cost center A are posted and 2 records for cost center B are posted.
- C. 4 records with a blank cost center are posted.
- D. 1 record with a blank cost center is posted.
Answer: D
NEW QUESTION # 40
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
Answer: B,D
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.
NEW QUESTION # 41
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
- A. Multiply
- B. Divide
- C. Quantity
- D. Amount
Answer: C,D
Explanation:
In a validation method, you can use operands like Amount, which represents the monetary value, and Quantity, which represents the number of units.
NEW QUESTION # 42
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
- A. To the original subitem
- B. To the original FS item
- C. To currency translation adjustment FS item
- D. To a currency translation adjustment subitem
Answer: B,C
NEW QUESTION # 43
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 standardized data
- B. Validate reported data
- C. Validate universal journal
- D. Validate consolidated data
Answer: B,D
Explanation:
After running a reclassification with posting level 10, you should run the validation tasks for consolidated data and reported data.
NEW QUESTION # 44
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