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Free SAP C_S4FCC_2021 Exam Questions (page: 5)

Page 4 of 21
PDF with 80 Questions

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).



In your rule-based consolidation of investments method, you need to book an amount that is calculated by multiplying by1 minus the ownership percentage.
What field would you use?

  1. Percentage complementary
  2. Sign triggered reclassification
  3. Selection for percentage
  4. Percentage rate

Answer(s): A

Explanation:

The field "Percentage complementary" is used to calculate the amount by multiplying by 1 minus the ownership percentage in the rule-based consolidation of investments method.



When running reports, what symbol is used to select a blank hierarchy?

  1. #
  2. @
  3. *
  4. $

Answer(s): A

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the symbol that is used to select a blank hierarchy is #. A blank hierarchy is a hierarchy that does not have any nodes or levels. A blank hierarchy can be used to select all the values of a dimension without any filtering or grouping.



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