Free 2024 SAP Certified Application Associate C-S4FCC-2021 dumps are available on Google Drive shared by GuideTorrent
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SAP C_S4FCC_2021 exam is based on the latest version of SAP S/4HANA 2021 and covers various topics related to SAP S/4HANA Finance for Group Reporting. C-S4FCC-2021 exam consists of 80 multiple-choice questions that candidates need to complete within 180 minutes. C-S4FCC-2021 exam is available in multiple languages, including English, German, Japanese, and Spanish, among others. C-S4FCC-2021 exam fee varies by country and region, and candidates can register for the exam on the SAP website.
SAP C_S4FCC_2021 is one of the most sought-after certifications in the IT industry. SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification is designed to validate the knowledge and skills of SAP S/4HANA Finance for Group Reporting Associates. C-S4FCC-2021 exam is an associate-level certification, which means it is a beginner-level certification that is ideal for individuals who are just starting their career in SAP Finance. It is also an excellent certification for professionals who are already working in the field and want to upskill or validate their knowledge.
NEW QUESTION # 32
What posting level is used when you import group shares?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
Explanation:
When you import group shares, posting20 is used. Posting level 20 is specifically designed for the import of group shares in SAP S/4HANA Finance for group reporting.
NEW QUESTION # 33
How are the investment and the non-controlling interest values accounted for in the purchase method?
Note: There are 2 correct answers to this question.
- A. The investment is adjusted.
- B. The Investment is eliminated.
- C. There can be non-controlling interest values.
- D. There cannot be any non-controlling interest values.
Answer: C,D
NEW QUESTION # 34
What document types does SAP provide when importing from SAP Group Reporting Data Collection to SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.
- A. 0D
- B. OC
- C. OB
- D. OA
Answer: B,D
NEW QUESTION # 35
What could be the problem if you cannot release data?
Note: There are 2 correct answers to this question.
- A. Company codes are are not mapped to consolidation units.
- B. Companies are not mapped to consolidation units.
- C. The period is closed in the general ledger.
- D. The period is closed in group reporting.
Answer: C,D
NEW QUESTION # 36
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?
- A. Subitems
- B. Custom fields
- C. Consolidation units
- D. FS items
Answer: A,D
NEW QUESTION # 37
What posting level is used when you import group shares?
- A. 0
- B. 00
- C. 1
- D. 2
Answer: D
NEW QUESTION # 38
What is the source when viewing group reporting data in SAP Analysis for Office?
- A. A consolidation view
- B. A contribution view
- C. A core data services view (CDS view)
- D. A calculation view
Answer: D
Explanation:
The source when viewing group reporting data in SAP Analysis for Office is a calculation view.
NEW QUESTION # 39
What field is part of a consolidation group master data record?
- A. Validation method
- B. Consolidation method
- C. Currency translation method
- D. Reclassification method
Answer: B
NEW QUESTION # 40
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?
- A. Custom fields
- B. Consolidation units
- C. FS items
- D. Subitems
Answer: A
NEW QUESTION # 41
What is required to run a management consolidation report?
- A. Select a consolidation group
- B. Create custom report logic
- C. Select a segment hierarchy
- D. Create a duplicate data set
Answer: C
NEW QUESTION # 42
What does balance carry forward do?
- A. It carries forward asset values to the same subitem as in the previous year by default.
- B. It carries forward statistical FS items to the same subitem as in the previous year by default.
- C. It carries forward equity values to the same FS item as in the previous year by default unless otherwise specified.
- D. It carries forward reporting FS items to the same FS item as in the previous year by default unless otherwise specified.
Answer: C
NEW QUESTION # 43
When booking group journal entries your customer needs to record values by business area, but it isn't available in the Post Group Journal Entries app. What must you do?
- A. Enable business area for input
- B. Enable business area as an attribute for consolidation unit
- C. Add business area to a breakdown category
- D. Add business area to the ACDOCU table
Answer: D
NEW QUESTION # 44
Which task uses a blank posting level?
- A. Release universal journal
- B. Currency translation
- C. Data collection
- D. Calculate net income
Answer: A
NEW QUESTION # 45
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 have the different investors.
- C. Both consolidation units belong to the same consolidation group.
- D. Both consolidation units belong to different consolidation groups.
Answer: C,D
NEW QUESTION # 46
What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?
- A. Use an import connection
- B. Use a live connection
- C. Use an SAP Fiori app for an embedded story
- D. Use an SAP Fiori app to launch SAP Analytics Cloud
Answer: D
NEW QUESTION # 47
What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?
- A. Use an import connection
- B. Use a live connection
- C. Use an SAP Fiori app to launch SAP Analytics Cloud
- D. Use an SAP Fiori app for an embedded story
Answer: C,D
NEW QUESTION # 48
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question
- A. Subitems
- B. Custom fields
- C. Consolidation units
- D. FS items
Answer: A,D
NEW QUESTION # 49
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. Reported data
- C. Translated data
- D. Released data
Answer: C
NEW QUESTION # 50
What master data objects can be used in global accounting hierarchies?
Note: There are 3 correct answers to this question.
- A. Reporting item
- B. Consolidation unit
- C. Profit center
- D. Consolidation group
- E. Breakdown category
Answer: B,C,D
NEW QUESTION # 51
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. Reported data
- B. Translated data
- C. Released data
- D. Standardized data
Answer: A,D
Explanation:
To use a new validation method, the task IDs used when assigning the methods to consolidation are Reported data and Standardized data. These tasks represent different stages of the data processing in the consolidation process, and validations can be applied at these stages to ensure data accuracy and consistency.
NEW QUESTION # 52
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 special purpose ledger
- B. The predictive ledger
- C. The leading ledger
- D. A consolidation ledger
- E. An extension ledger
Answer: A,C,E
Explanation:
The possible sources for SAP S/4HANA Finance for group reporting are an extension ledger, the leading ledger, and a special purpose ledger. These ledgers store the financial data required for group reporting purposes.
NEW QUESTION # 53
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
- A. Divide
- B. Amount
- C. Multiply
- D. Quantity
Answer: A,B
NEW QUESTION # 54
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. Profit & Loss
- B. Balance sheet
- C. Reporting
- D. Asset
- E. Statistical
Answer: A,B,E
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.
NEW QUESTION # 55
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 # 56
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