SAP C-S4FCC-2021 Latest Dumps Pdf - Exam C-S4FCC-2021 Objectives Pdf

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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q28-Q33):

NEW QUESTION # 28
What field is part of a consolidation group master data record?

A. Currency translation method
B. Validation method
C. Consolidation method
D. Reclassification method

Answer: C

Explanation:
The consolidation method field is part of a consolidation group master data record. This field is used to define the method by which the financial data of the consolidation unit will be combined with the financial data of the consolidation group. The consolidation method is essential for accurate group reporting in SAP S/4HANA Finance.

NEW QUESTION # 29
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.

A. Merge
B. Overwrite
C. Append
D. Delete

Answer: B,D

NEW QUESTION # 30
How are the investment and the non-controlling interest values accounted for in the purchase method?
Note: There are 2 correct answers to this question.

A. There cannot be any non-controlling interest values.
B. The Investment is eliminated.
C. The investment is adjusted.
D. There can be non-controlling interest values.

Answer: B,D

NEW QUESTION # 31
What does activity based feature?
Note: There are 2 correct answers to this question.

A. Ownership percentages posted with investment values
B. Pre-defined posting logic
C. Custom posting logic
D. Ownership percentages posted separately from investment values

Answer: B,C

NEW QUESTION # 32
What are the prerequisites for a horizontal merger?
Note: There are 2 correct answers to this question.

A. Both consolidation units belong to different consolidation groups.
B. Both consolidation units belong to the same consolidation group.
C. Both consolidation units have the same investors.
D. Both consolidation units have the different investors.

Answer: A,B

Explanation:
The prerequisites for a horizontal merger include both consolidation units belonging to different consolidation groups and both consolidation units belonging to the same consolidation group1.

NEW QUESTION # 33
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