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SAP C_S4FCC_2021 Exam
SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) (Page 4 )

Updated On: 9-Feb-2026
Page 3 of 17
PDF with 80 Questions

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).



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

  1. Run total divestiture
  2. Calculate net income
  3. Calculate group share
  4. Run intercompany elimination

Answer(s): B,C

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the tasks that must be run before the activity based investment & equity elimination are:
Calculate net income: This task calculates the net income of each consolidation unit based on their income statement items. The net income is used to determine the share of profit or loss of each parent unit in their subsidiaries.
Calculate group share: This task calculates the group share percentage of each parent unit in their subsidiaries based on their ownership percentage and consolidation method. The group share percentage is used to determine the amount of investment and equity elimination.



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

  1. Company code
  2. Company
  3. Leading unit
  4. Partner unit

Answer(s): A,D

Explanation:

Data slices in SAP Intercompany Matching and Reconciliation matching rules are made up of Company code and Partner unit. These two factors help to identify the corresponding transactions for matching and reconciliation purposes (SAP Help Portal: Define Matching Rules).






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