Cisco®
CompTIA
Checkpoint
ISC
EC-Council
EXIN
Fortinet
ITIL®
Juniper
Microsoft
VMware
Avaya
SAP
Google
Salesforce
Amazon
Palo Alto Networks
ISC2
All Vendors
  2. Home
  3. Exams
  4. SAP
  5. C_S4FCC_2021

Free SAP C_S4FCC_2021 Exam Questions (page: 3)

Page 3 of 21
PDF with 80 Questions

What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?

  1. A source category
  2. A source version
  3. A consolidation cycle
  4. A consolidation ledger

Answer(s): D

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a consolidation ledger must be configured in order to release plan data into SAP S/4HANA Finance for group reporting. A consolidation ledger is a data container that stores the plan data for a specific consolidation scenario and fiscal year variant. A consolidation ledger can have multiple versions to store different versions of plan data.



What update modes are possible when performing a flexible upload into SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.

  1. Delete
  2. Overwrite
  3. Append
  4. Merge

Answer(s): B,C

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the possible update modes when performing a flexible upload into SAP S/4HANA Finance for group reporting are:
Overwrite: This mode replaces the existing data in the target consolidation ledger with the data from the source file. Any data that is not present in the source file will be deleted from the target consolidation ledger.

Append: This mode adds the data from the source file to the existing data in the target consolidation ledger. Any data that is already present in the target consolidation ledger will remain unchanged.



What selection is a required global parameter?

  1. Consolidation chart of accounts
  2. Fiscal year variant
  3. Consolidation unit
  4. Consolidation group

Answer(s): B

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a fiscal year variant is a required global parameter that must be selected when creating a new consolidation scenario. A fiscal year variant defines the number and length of posting periods and special periods for a fiscal year. A fiscal year variant can be assigned to one or more consolidation scenarios.



How can FS items be determined for balance carry forward?
Note: There are 3 correct answers to this question.

  1. Viaa configuration table
  2. Via their scope attributes
  3. Via their FS item type
  4. Via selection objects
  5. Via their role attribute

Answer(s): A,C,E

Explanation:

FS items can be determined for balance carry forward using a configuration table, their FS item type,

and their role attribute. These factors help to classify FS items for different purposes in the consolidation process (SAP Help Portal: Define Financial Statement Items).



Viewing page 3 of 21
Viewing questions 9 - 12 out of 80 questions



Post your Comments and Discuss SAP C_S4FCC_2021 exam prep with other Community members:

C_S4FCC_2021 Exam Discussions & Posts