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SAP C-S4FCC-2021 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Consolidation of Investments
  • Structures & Master data
  • ICMR & Eliminations
Topic 2
  • Data acquisition including Group Reporting Data Collection
  • Data acquisition incl. GRDC
Topic 3
  • Intercompany Matching and Reconciliation & Eliminations
  • Data validation & Currency Translation
Topic 4
  • Consolidation of Investments
  • Structures & Master data
  • Journals & Reclassification
Topic 5
  • Balance Carry Forward, Reporting & Planning
  • BCF, Reporting & Planning

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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q67-Q72):

NEW QUESTION # 67
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.

  • A. Asource category
  • B. Aconsolidation ledger
  • C. A consolidation cycle
  • D. A source version

Answer: B,C


NEW QUESTION # 68
How are posting levels used?

  • A. They identify the origin of values.
  • B. They determine the level of granularity for balance carry forward.
  • C. They identify the destination of values.
  • D. They determine the level of granularity for data release.

Answer: D


NEW QUESTION # 69
Company A purchased 80% of Company B for 80 million in December of 2022. Company B's equity is 50 million. What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.

  • A. Debit goodwill 40 million
  • B. Credit investment 80 million
  • C. Credit investment 64 million
  • D. Debit goodwill 50 million

Answer: A,B


NEW QUESTION # 70
What must be done in order to use intercompany eliminations that are integrated with SAP Intercompany Matching and Reconciliation?
Note: There are 2 correct answers to this question.

  • A. Activate an intercompany hierarchy
  • B. Create an elimination method
  • C. Activate the reconciliation close process
  • D. Create a reclassification method

Answer: B,D


NEW QUESTION # 71
You have the following hierarchy and intercompany transactions:
C_S4FCC_2021-919f8abcb935d8cdb8cbcea61f8f08d6.jpg
How many elimination entities are generated?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: A


NEW QUESTION # 72
......

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