Free SAP Certified Application Associate – SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Exam C_S4FCC_2021 Exam Practice Test

How do you create a group journal entry with multiple versions?

• Select multiple reference versions
• Select multiple extension versions
• Select multiple group currency extension versions
• Select multiple standard versions

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

• Use an import connection
• Use an SAP Fiori app to launch SAP Analytics Cloud
• Use an SAP Fiori app for an embedded story
• Use a live connection

In group reporting, what do SAP Intercompany Matching and Reconciliation reason codes do?

• They generate inbox entries.
• They identify currency translation differences in intercompany eliminations.
• They generate variance postings.
• They identify transaction differences in intercompany eliminations.

What are the SAP Group Reporting Data Collection mappings based on?

• Data collection configuration tables
• Excel Files
• CSV Files
• Data collection methods

Your currency translation is not translating opening balances.What setting must be changed?

• Translation key
• Exchange rate indicator
• Reference rate
• Selection

What does a reconciliation case in SAP Intercompany Matching and Reconciliation do?

• It selects the match type.
• It selects data sources.
• It selects the default reason code.
• It selects matching methods.

What is required to run a management consolidation report?

• Select a consolidation group
• Create custom report logic
• Create a duplicate data set
• Select a segment hierarchy

What are settings you can define in a document type? Note: There are 3 correct answers to this question.

• Reversal document type
• Account range
• Number range
• Posting level
• Balance check

What must you do in order to release data from a prior period?

• Run balance carry forward
• Run the Copy Transaction Data app
• Change your global parameters
• Release data with an offset of -1

What translation setting in the sequence would allow you to preserve an existing group currency amount?

• Source for group currency key figure
• Reference rate
• Translation key
• Currency translation indicator