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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

10 months ago
Passed my SAP exam with flying colors! Pass4Success's concise materials helped me prepare efficiently. Thank you for the support!
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Lorenza

11 months ago
Just passed the SAP S/4HANA Finance exam! Thanks Pass4Success for the spot-on practice questions. Saved me weeks of study time!
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Shaquana

11 months ago
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Wilda

11 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

12 months ago
Aced the SAP S/4HANA Finance exam! Pass4Success prep was invaluable. Couldn't have done it without their focused study materials.
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Gearldine

1 years 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 fields are included in a consolidation unit master record?

Note: There are 2 correct answers to this question.

Reveal Solution Hide Solution
Correct Answer: A, C

The consolidation unit master record includes fields such as currency translation method and source for local currency key figure1.


Question #2

What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?

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Correct Answer: D

A live connection is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story because it allows real-time access to data without the need for data replication. This provides users with up-to-date information for their analytics and reporting needs. (Reference: https://help.sap.com/viewer/00f68c2e08b941f0818e6fd3a6fdceed/latest/en-US/6f3b4c5f6f9c4f3d9b393a7f5d5f5e5d.html)


Question #3

In order to use a new validation method, what task IDs are used when assigning the methods to consolidation units? Note: There are 2 correct answers to this question.

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Correct Answer: B, C

To use a new validation method, the task IDs used when assigning the methods to consolidation are Reported data and Standardized data. These tasks represent different stages of the data processing in the consolidation process, and validations can be applied at these stages to ensure data accuracy and consistency.


Question #4

What does balance carry forward do?

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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

From which SAP S/4HANA tables can SAP Intercompany Matching and Reconciliation access intercompany data?

Note: There are 2 correct answers to this question.

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Correct Answer: A, D

SAP Intercompany Matching and Reconciliation accesses intercompany data from tables ACDOCU (Universal Journal Entry Line Items - Consolidation View) and ACDOCA (Universal Journal Entry Line Items - General Ledger View). These tables store the financial data needed for the intercompany reconciliation process.


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