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The SAP C-S4FCC-2021 certification exam is designed for individuals who are interested in pursuing a career in finance and accounting. This certification exam is considered to be one of the most sought-after certifications in the field of finance and accounting. The SAP C-S4FCC-2021 exam is an associate-level certification exam that is designed to test the candidate's knowledge and skills in the area of SAP S/4HANA Finance for Group Reporting Associates.

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To be eligible for the SAP C_S4FCC_2021 exam, candidates must have a basic understanding of financial accounting principles and concepts. They should also have experience working with SAP S/4HANA Finance and be familiar with its key features and functionalities. Candidates can prepare for the exam by attending training courses or by studying materials provided by SAP.

SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q79-Q84):

NEW QUESTION # 79
What document types does SAP provide when importing from SAP Group Reporting Data Collection to SAP S/4HANA Finance for group reporting?
Note: There are 2 correct answers to this question.

A. OC
B. OB
C. OA
D. 0D

Answer: A,C

NEW QUESTION # 80
What can happen in SAP S/4HANA Finance for group reporting when you release data?
Note: There are 2 correct answers to this question.

A. ACDOCP records are copied into group reporting.
B. ACDOCA records are copied into group reporting.
C. ACDOCC records are copied into group reporting.
D. BSEG records are copied into group reporting.

Answer: B,C

Explanation:
When you release data in SAP S/4HANA Finance for group reporting, ACDOCC (Consolidation) records and ACDOCA (Universal Journal) records are copied into group reporting. ACDOCP (Planning) and BSEG (Accounting Document Segment) records are not copied into group reporting.

NEW QUESTION # 81
What do group journal validation and substitution have in common? Note: There are 2 correct answers to this question.

A. Table lookups
B. Filtering logic
C. Preconditions
D. Control levels

Answer: B,C

Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, group journal validation and substitution have the following things in common:
Preconditions: Conditions that define when a validation or substitution rule is executed. Preconditions can be based on different dimensions or attributes of the data, such as company code, account type, etc.
Filtering logic: Logic that defines how data is filtered and selected for validation or substitution purposes. Filtering logic can be based on different operators or expressions, such as equal to, greater than, contains, etc.

NEW QUESTION # 82
What are the required settings for the elimination of intercompany profit in inventory method?
Note: There are 2 correct answers to this question.

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

Answer: B,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 # 83
What can be assigned to a report item in a reporting rule?
Note: There are 2 correct answers to this question.