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SAP C_S4FCC_2021 Exam
- 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
Free SAP C_S4FCC_2021 Exam Actual Questions
The questions for C_S4FCC_2021 were last updated On Sep. 12, 2023
What dimensional hierarchy should be selected when running intercompany reports from a legal perspective?
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.
What can be assigned to a report item in a reporting rule?
Note: There are 2 correct answers to this question.
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.
How do you configure periodic vs. YTD translation?
You configure periodic vs. YTD (Year-to-Date) translation using the currency translation indicator. The currency translation indicator determines the method used for translating amounts in foreign currencies to the group currency, either periodically or cumulatively (YTD). (Reference: https://help.sap.com/viewer/0fa84c9d9c634132a6c3d6f3508c54a3/1809.002/en-US/0b3dbd7c0e264b62a7e2d2a1e7d31fbc.html)
What can be assigned to a report item in a reporting rule?
Note: There are 2 correct answers to this question.
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.
How do you configure periodic vs. YTD translation?
You configure periodic vs. YTD (Year-to-Date) translation using the currency translation indicator. The currency translation indicator determines the method used for translating amounts in foreign currencies to the group currency, either periodically or cumulatively (YTD). (Reference: https://help.sap.com/viewer/0fa84c9d9c634132a6c3d6f3508c54a3/1809.002/en-US/0b3dbd7c0e264b62a7e2d2a1e7d31fbc.html)
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