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Individuals who obtain the SAP C-S4FCC-2021 certification can demonstrate their expertise in SAP S/4HANA Finance for Group Reporting and differentiate themselves in the job market. Certified professionals are recognized as experts in their field and can benefit from increased career opportunities and higher salaries.

To prepare for the SAP C-S4FCC-2021 certification exam, candidates can take advantage of a variety of resources, including SAP training courses, study guides, and practice exams. These resources can help candidates to develop a solid understanding of the concepts and skills necessary to pass the exam. Additionally, candidates can benefit from hands-on experience with SAP S/4HANA Finance, as this will help them to better understand the practical applications of the concepts covered on the exam.

The SAP C-S4FCC-2021 exam is ideal for professionals who work with SAP S/4HANA Finance for Group Reporting, such as financial analysts, accountants, and consultants. The exam covers topics such as consolidation, financial close, data collection, and reporting. Candidates can expect to be tested on their ability to create and manage a consolidated financial statement using SAP S/4HANA Finance for Group Reporting.

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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q54-Q59):

NEW QUESTION # 54
When booking group journal entries your customer needs to record values by business area, but it isn't available in the Post Group Journal Entries app. What must you do?

A. Enable business area as an attribute for consolidation unitB. Add business area to the ACDOCU table
#1 Certification Exam RoadmapaiC. Add business area to a breakdown categoryD. Enable business area for input

Answer: B


NEW QUESTION # 55
Company A purchased 80% of Company B for 80 million in December of 2022. Company B's equity is 50 million. What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.

A. Debit goodwill 40 millionB. Credit investment 80 millionC. Credit investment 64 millionD. Debit goodwill 50 million

Answer: A,B

Explanation:
When Company A purchases 80% of Company B for 80 million, the accounting entries generated when consolidation is run for December of 2022 should be: - Debit goodwill 40 million (80 million purchase price - 80% of 50 million equity) - Credit investment 80 million (reflecting the purchase price)


NEW QUESTION # 56
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. ACDOCC records are copied into group reporting.B. BSEG records are copied into group reporting.C. ACDOCA records are copied into group reporting.D. ACDOCP records are copied into group reporting.

Answer: C


NEW QUESTION # 57
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.

A. To the original FS itemB. To the original subitemC. To currency translation adjustment FS itemD. To acurrency translation adjustment subitem

Answer: C


NEW QUESTION # 58
What dimensions can be used in a hierarchical elimination?
Note: There are 2 correct answers to this question.

A. Company codeB. SegmentC. Profit centerD. Company

Answer: A,C


NEW QUESTION # 59
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