Free SAP C_S4FCC_2021 Exam Questions & Answer from Training Expert TestKingFree [Q21-Q37]

Rate this post

Free SAP C_S4FCC_2021 Exam Questions and Answer from Training Expert TestKingFree

Top SAP C_S4FCC_2021 Courses Online

QUESTION 21
Your currency translation is not translating opening balances.What setting must be changed?

Translation key

Exchange rate indicator

Reference rate

Selection

QUESTION 22
What fields are included in a consolidation unit master record?
Note: There are 2 correct answers to this question.

Currency translation method

Validation method

Source for local currency key figure

Source for document currency key figure

QUESTION 23
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:

What happens to the cost center field in group reporting when the data is released?

Cost center is set to aggregate in SAP S/4HANA Finance for group reporting.

1 record with a blank cost center is posted.

1 record for cost center A is posted and 1 record for cost center B is posted.

4 records with a blank cost center are posted.

2 records for cost center A are posted and 2 records for cost center B are posted.

QUESTION 24
What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?
Note: There are 3 correct answers to this question.

Quantity variances

Timing variances

Translation variances

True variances

Price differences

QUESTION 25
What tasks can be run from the data monitor?
Note: There are 2 correct answers to this question.

Calculate net income

Prepare for consolidation group change

Translate currency

Eliminate intercompany

QUESTION 26
What can you do when using the import group journal entries template?
Note: There are 3 correct answers to this question.

Override substitution rules by inputting values in the Excel file

Specify the posting level on the header section of the template

Adapt the template to include your own custom fields

Post the journal entry to multiple versions at the same time

Upload multiple journal entries using a single Excel file

QUESTION 27
What does a reconciliation case in SAP Intercompany Matching and Reconciliation do?

It selects the match type.

It selects data sources.

It selects the default reason code.

It selects matching methods.

QUESTION 28
What makes up data slices in SAP Intercompany Matching and Reconciliation matching rules?
Note: There are 2 correct answers to this question.

Company code

Company

Leading unit

Partner unit

QUESTION 29
What is the source when viewing group reporting data in SAP Analysis for Office?

A contribution view

A calculation view

A consolidation view

A core data services view

QUESTION 30
What tasks must be run before the activity based investment & equity elimination? Note: There are 2 correct answers to this question.

Run total divestiture

Calculate net income

Calculate group share

Run intercompany elimination

QUESTION 31
What can be left blank in a group journal entry substitution rule?

Precondition

Substitution

Rule Name

Description

QUESTION 32
What settings must you maintain in a reclassification method sequence in order to reclassify local finished goods into corporate finished goods inventory?
Note: There are 2 correct answers to this question.

Destination

Trigger

Source

Percentage

QUESTION 33
What do group journal validation and substitution have in common? Note: There are 2 correct answers to this question.

Table lookups

Preconditions

Control levels

Filtering logic

QUESTION 34
What can be attached to a group journal entry?Note: There are 3 correct answers to this question.

Audio files

Excel files

URLs

Word documents

Video files

QUESTION 35
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?

Map all 10 cash G/L accounts to one FS item

Map each cash G/L account to an FS item and roll them up in an FS item hierarchy node

Map the group account 10000000 to an FS item

Map the Cash_node to an FS item

QUESTION 36
What field is part of a consolidation group master data record?

Currency translation method

Validation method

Reclassification method

Consolidation method

QUESTION 37
How do you create a group journal entry with multiple versions?

Select multiple reference versions

Select multiple extension versions

Select multiple group currency extension versions

Select multiple standard versions

Individuals who obtain the SAP C-S4FCC-2021 certification can demonstrate their expertise in SAP S/4HANA Finance for Group Reporting and differentiate themselves in the job market. Certified professionals are recognized as experts in their field and can benefit from increased career opportunities and higher salaries.

New (2023) SAP C_S4FCC_2021 Exam Dumps: https://www.testkingfree.com/SAP/C_S4FCC_2021-practice-exam-dumps.html