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To be eligible for the SAP C_S4FCC_2021 certification exam, candidates must have a basic understanding of financial accounting and reporting processes. They should also have experience working with SAP S/4HANA Finance for Group Reporting, as well as knowledge of SAP S/4HANA 2021. The exam is available in English and consists of 80 questions, which must be answered within 180 minutes.

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The SAP C_S4FCC_2021 certification is an excellent way for individuals to demonstrate their expertise in SAP S/4HANA Finance for Group Reporting. It shows that the individual has a thorough understanding of the platform and is capable of designing and implementing solutions that meet the needs of their organization. Employers value individuals with this certification because it demonstrates a commitment to professional development and a willingness to stay up-to-date with the latest technologies and industry best practices.

SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q67-Q72):

NEW QUESTION # 67
What are settings you can define in a document type?
Note: There are 3 correct answers to this question.

A. Posting levelB. Account rangeC. Number rangeD. Balance checkE. Reversal document type

Answer: A,C,E

Explanation:
In a document type, you can define the reversal document type, number range, and posting level. The reversal document type is used for reversing entries. The number range determines the range of document numbers that can be assigned to documents of that type. The posting level defines whether the document type is used for single-level or cross-company code postings. You can find more information in the SAP S/4HANA Finance for Group Reporting documentation under "Document Types".

NEW QUESTION # 68
What does activity based feature?
Note: There are 2 correct answers to this question.

A. Ownership percentages posted separately from investment valuesB. Pre-defined posting logicC. Custom posting logicD. Ownership percentages posted with investment values

Answer: B,C

NEW QUESTION # 69
What happens when a workflow request in SAP Intercompany Matching and Reconciliation is approved?

A. Variance entries are posted.B. Elimination entries are posted.C. The elimination status is set to closed.D. The reconciliation status is set to closed.

Answer: A,C

NEW QUESTION # 70
What makes up data slices in SAP Intercompany Matching and Reconciliation matching rules?
Note: There are 2 correct answers to this question.

A. Leading unitB. Company codeC. Partner unitD. Company

Answer: A,B

NEW QUESTION # 71
As of January 2023, your corporation has 3 consolidation groups and 5 consolidation units. In February
2023, the ownership percentage for France was increased from 75% to 76% as shown in the following image:

A. Import the full ownership percentages for CGO0A and CGOOE consolidation groupsB. What needs to be updated for February 2023 in SAP S/4HANA Finance for group reporting?C. Import the full ownership percentages for CGO0A, CGOOE and the CGOOW consolidation groupsD. Import the ownership percentage change the CGOOE consolidation groupE. Import the ownership percentage change for CGOOE and the CGOOW consolidation groups

Answer: E

NEW QUESTION # 72
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