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The SAP C-S4FCC-2021 exam is an associate-level certification that is designed for finance professionals who are keen to demonstrate their expertise in the SAP S/4HANA Finance for Group Reporting solution. The exam tests candidates on their understanding of key concepts such as organizational structures, group close processes, and financial consolidation. Successful candidates will gain recognition for their skills in implementing and configuring SAP S/4HANA Finance for Group Reporting.

SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q36-Q41):

NEW QUESTION # 36
When you use the flexible upload, what are the file parameters?
Note: There are 2 correct answers to this question.

A. Upload method
B. Input type
C. Document type
D. Consolidation method

Answer: A,D

NEW QUESTION # 37
What are the required settings for the elimination of intercompany profit in inventory method?
Note: There are 2 correct answers to this question.

A. Partner inclusion
B. Percent from partner
C. Percentage periodic
D. Selection of percentages

Answer: A,D

Explanation:
In the elimination of intercompany profit in inventory method, Partner inclusion is required to specify which partners are involved in the transaction. Selection of percentages is needed to determine the proportion of intercompany profit to be eliminated.

NEW QUESTION # 38
What must you do in order to release data from a prior period?

A. Release data with an offset of -1
B. Change your global parameters
C. Run the Copy Transaction Data app
D. Run balance carry forward

Answer: D

NEW QUESTION # 39
Where can fiscal year variants be assigned?
Note: There are 2 correct answers to this question.

A. To versions
B. To consolidation groups
C. To consolidation ledgers
D. To consolidation units

Answer: A,D

NEW QUESTION # 40
What validation tasks should be run after running a reclassification with posting level 10?
Note: There are 2 correct answers to this question.

A. Validate standardized data
B. Validate universal journal
C. Validate consolidated data
D. Validate reported data

Answer: A,D

NEW QUESTION # 41
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