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

SAP C_S4FCC_2021 Exam Questions

Status: RETIRED
Exam Name: SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)
Exam Code: C_S4FCC_2021
Related Certification(s):
  • SAP Certified Application Associate Certifications
  • SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Certifications
Certification Provider: SAP
Actual Exam Duration: 180 Minutes
Number of C_S4FCC_2021 practice questions in our database: 80 (updated: 30-01-2024)
Expected C_S4FCC_2021 Exam Topics, as suggested by SAP :
  • Topic 1: Data acquisition including Group Reporting Data Collection/ Data acquisition incl. GRDC
  • Topic 2: Intercompany Matching and Reconciliation & Eliminations/ Data validation & Currency Translation
  • Topic 3: Balance Carry Forward, Reporting & Planning/ BCF, Reporting & Planning
  • Topic 4: Consolidation of Investments/ Structures & Master data/ Journals & Reclassification
  • Topic 5: Consolidation of Investments/ Structures & Master data/ ICMR & Eliminations
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Cristy

4 months ago
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Lorenza

4 months ago
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4 months ago
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Wilda

5 months ago
Group structure and master data management are crucial. You may encounter scenario-based questions on setting up group hierarchies and defining reporting units. Understand the relationships between organizational units in SAP S/4HANA. Pass4Success's relevant exam questions were instrumental in my success on this challenging certification.
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Melina

6 months ago
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Gearldine

6 months ago
SAP certification achieved! Pass4Success materials were a lifesaver. Exam questions were surprisingly similar to their practice tests.
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Free SAP C_S4FCC_2021 Exam Actual Questions

Note: Premium Questions for C_S4FCC_2021 were last updated On 30-01-2024 (see below)

Question #1

What can be assigned to a report item in a reporting rule?

Note: There are 2 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: A, D

In a reporting rule, a report item can be assigned to subitems and FS (Financial Statement) items. Subitems are used to provide more detailed information or breakdowns of the FS items, while FS items represent the main line items in the financial statements.


Question #2

What does balance carry forward do?

Reveal Solution Hide Solution
Correct Answer: B

Balance carry forward in group reporting carries forward reporting FS (Financial Statement) items to the same FS item as in the previous year by default unless otherwise specified. This ensures that the opening balances for the new fiscal year are correctly set based on the closing balances of the previous fiscal year.


Question #3

What dimensions can be used in an intercompany report to provide a consolidation view?

Note: There are 2 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: A, C

In an intercompany report, the dimensions 'Consolidation unit eliminated' and 'Consolidation unit' can be used to provide a consolidation view. The 'Consolidation unit eliminated' dimension shows the elimination entries, while the 'Consolidation unit' dimension displays the data for each consolidation unit involved in the intercompany transactions.


Question #4

What does balance carry forward do?

Reveal Solution Hide Solution
Correct Answer: B

Balance carry forward in group reporting carries forward reporting FS (Financial Statement) items to the same FS item as in the previous year by default unless otherwise specified. This ensures that the opening balances for the new fiscal year are correctly set based on the closing balances of the previous fiscal year.


Question #5

What dimensional hierarchy should be selected when running intercompany reports from a legal perspective?

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Correct Answer: D

When running intercompany reports from a legal perspective, the 'Company code' dimensional hierarchy should be selected. This is because company codes represent the legal entities within the organization and are the basis for external financial reporting.


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