New Launch C-S4FCC-2021 Exam Dumps 2023 - SAP C-S4FCC-2021 Questions

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The SAP C-S4FCC-2021 exam is intended for application associates, business analysts, and consultants who work with SAP S/4HANA Finance for Group Reporting. The exam is ideal for individuals who are responsible for performing tasks related to financial consolidation and group closing or who are involved in implementing SAP S/4HANA Finance for Group Reporting. The exam covers a broad range of topics, including financial consolidation, data model setup, financial statement preparation, and intercompany reconciliation. Successful completion of the SAP C-S4FCC-2021 exam demonstrates the candidate's ability to effectively use SAP S/4HANA Finance for Group Reporting to manage financial processes and improve business performance.

SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q60-Q65):

NEW QUESTION # 60
In group reporting, what do SAP Intercompany Matching and Reconciliation reason codes do?

  • A. They generate inbox entries.
  • B. They generate variance postings.
  • C. They identify transaction differences in intercompany eliminations.
  • D. They identify currency translation differences in intercompany eliminations.

Answer: C

Explanation:
In group reporting, SAP Intercompany Matching and Reconciliation reason codes are used to identify transaction differences in intercompany eliminations. These codes help to track and resolve discrepancies between intercompany transactions.


NEW QUESTION # 61
Which version stores only delta amounts?

  • A. Planning version
  • B. Extension version
  • C. Group currency extension version
  • D. Standard version

Answer: A,C


NEW QUESTION # 62
Your consolidation monitor is missing the group share calculation task. How could you correct the issue?
Note: There are 2 correct answers to this question.

  • A. Add a custom task based on an API
  • B. Change a task group
  • C. Assign a different task group to your version
  • D. Add a custom task based on a BAdI

Answer: B,C


NEW QUESTION # 63
What can happen in SAP S/4HANA Finance for group reporting when you release data?
Note: There are 2 correct answers to this question.

  • A. ACDOCC records are copied into group reporting.
  • B. BSEG records are copied into group reporting.
  • C. ACDOCP records are copied into group reporting.
  • D. ACDOCA records are copied into group reporting.

Answer: D


NEW QUESTION # 64
The balance sheet in SAP S/4HANA Finance for group reporting is out of balance. When data validation is run, what is the result?

  • A. The variance will be posted to a reporting financial statement item.
  • B. Subsequent tasks can be run but cannot be blocked.
  • C. The variance will be posted to a statistical financial statement item.
  • D. Subsequent tasks cannot be run but can be blocked.

Answer: B


NEW QUESTION # 65
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